Innovation
Townhomes in St. Petersburg, FL

New-construction townhomes · Innovation District · ZIP 33705

A small new-construction townhome community in St. Petersburg's Innovation District, built by The Davis Companies with three-story homes, private rooftop decks and attached garages. The read is the unit, the HOA and rental rules, and the full carrying cost including flood and insurance, confirmed before you offer.

Innovation DistrictNew construction townhomesRooftop decks and garages

Live Market Pulse

50/100
Momentum

Buyer-Leaning Market (limited data)

Resale here turns on the unit, the position within the four buildings and the condition of the new build; confirm the HOA dues, the rental rules, the flood zone and the insurance before anchoring on a number.

Free · No obligation

Unlock Off-Market Innovation Townhomes

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Stellar MLS data14 years of closingsLocal renovation analysisUpdated twice daily

LiveMarket PulseStellar MLS

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Median Price

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Supply

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Avg DOM

Soft

Seller Leverage

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Median $/Sqft

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1-Yr Price Change

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Jon's Current Read

"Innovation Townhomes is a small for-sale new-construction townhome community at 535-569 Dr. M.L.K. Jr Street S in St. Petersburg's Innovation District (ZIP 33705), Pinellas County. Built by The Davis Companies, the community is reported to span 26 three-story homes across four buildings, each with a private rooftop deck, hurricane-impact windows, a gas range and an attached garage pre-wired for an EV charger. The location is the headline: walkable to downtown St. Petersburg, the Grand Central District and the Tropicana Field redevelopment site. The read here is the specific unit and its position, the HOA dues and any rental restriction, warranty coverage on the new build, and the full carrying cost including flood and insurance, all confirmed in writing before you offer."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

The Davis Companies is named as the developer, the same group behind Uptown Kenwood, an earlier St. Petersburg townhome community. Reported finishes include hurricane-impact windows, a gas range, modern fixtures and garage outlets pre-wired for an electric-vehicle charger. Confirm the exact specification, square footage and warranty for any unit.

The location is the structural story. The community sits in the Innovation District, walkable to downtown St. Petersburg, Beach Drive, the Grand Central District and the Tropicana Field redevelopment site, a walkable downtown-edge position that few new townhome products offer.

Confirm the HOA dues and what they cover, any rental or lease-term restriction, the flood zone and current flood and wind insurance quotes, and the builder warranty coverage before you offer. As a fee-simple townhome rather than a nightly rental product, this is an own-to-live or longer-term-lease setting; confirm the current rules per unit.

Quick Match

Who Innovation Townhomes is best for.

Best for

Buyers who want a low-maintenance new townhome near downtown St. Petersburg
Buyers who value a private rooftop deck, garage and walkable urban setting
Buyers who want hurricane-impact windows and current construction standards
Buyers who will confirm HOA dues, rental rules, flood and insurance

Probably not for

Buyers who want a large single-family lot or yard
Buyers seeking a nightly short-term-rental investment
Buyers unwilling to confirm flood, insurance and HOA costs
Buyers who want a gated, amenity-rich suburban master plan

Market Pulse

How Innovation Townhomes is performing right now

50/100
momentum

Buyer-Leaning Market (limited data)

Seller's marketBalancedBuyer's market

0Months of supplytight

56Median days on marketdays

0 : 0Under contract vs for salestrong demand

0Sold in last 12 monthsliquidity

+127%Median price since 2012appreciation

+0%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from Stellar MLS, as of June 24, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Innovation Townhomes listings and the trailing twelve months of closed sales.

Where prices are going$850K2026 YTD

Median sale price by year. Tap a label to compare Amara Bay Residences or St. Petersburg. The 1-year price change is the median sold price over the most recent year versus the prior year, the same measure most listing sites and local Realtor reports use. It reflects the mix of homes that sold, not the change in any single home's value, which is why median price per square foot is shown alongside it to adjust for home size. In thinly traded neighborhoods, where a sale or two can swing the median, we lead with the mix-resistant price-per-square-foot trend instead.

Price per square foot$3072026 YTD

Median $/sqft by year. 2026 is year to date.

Supply and demand now0 : 0active : pending

For sale0

Pending0

Sold 12mo0

Active and pending listings now vs homes sold in the last 12 months.

8.6A- score

Momentum intelligence

Momentum buy score

Our proprietary read on how a home in Innovation Townhomes buys, holds, and resells. See the five factors.

Interactive Map

Innovation Townhomes on the map.

Every active, pending, and recently sold home, plotted. Toggle the layers, color the dots by status or lot type, and tap a home for the details.

Listing locations from Stellar MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

Nearby & Commute

How far is everything?

The takeaway

The walkable Innovation District location is the point: downtown, major roads, and the Gulf beaches are all within an easy reach.

Drive and walk times from the community area; the downtown-edge location puts the urban core, major roads, and the coast within reach.

Downtown St. Petersburg and Beach Drive~5 to 10 min · ~1 to 2 miles

Grand Central District~5 to 10 min · ~1 to 2 miles

Tropicana Field redevelopment site~3 to 8 min · under 1 mile

I-275 access~5 to 10 min · ~1 to 3 miles

St. Pete Beach and the Gulf beaches~20 to 30 min · ~8 to 12 miles

Tampa International Airport~30 to 40 min · ~20 to 26 miles

Times are approximate and vary with traffic and your exact departure point. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near InnovationTownhomes in St with Momentum Realty’s local guides.

CACastilleUrbanaSt Petersburg, FL · 0.1 mi RCThe Residencesat 400 Central Homes for Sale in StSt. Petersburg, FL · 0.3 mi RSReflection StSt. Petersburg, FL · 0.4 mi AHArt House Homes for Sale in StSt. Petersburg, FL · 0.4 mi CD400 Central,Downtown StSt. Petersburg, FL · 0.4 mi BRThe Beacon on 3rd Street Homes for Sale in StSt. Petersburg, FL · 0.4 mi LPLake PalmsApts Co-opSt Petersburg, FL · 0.4 mi BRThe Beacon on 3rd Street Homes for Sale in StSt. Petersburg, FL · 0.4 mi MSMadisonat StSt. Petersburg, FL · 0.5 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr

Innovation Townhomes (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take

Pinellas County Public Schools
Verify the zoned schools by address
Magnet and choice options may be available
Confirm current ratings before relying on them
Private and parochial options nearby

Innovation Townhomes is served by Pinellas County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Public

Pinellas County Public Schools (verify by address)

Verifyrating

By address

Confirm zoned elementary, middle, and high

Verifyrating

Choice

Magnet and choice options may apply

Verifyrating

Buying with schools in mind? We can confirm the exact zoned schools for any Innovation Townhomes address.

The takeaway

What is actually shaping value in this Innovation District community, sourced and dated. We do not publish rumor.

Recent Developments in Innovation Townhomes

Development Intelligence

Our read on what is being built around Innovation Townhomes, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe structural story is a small new-construction townhome community in a walkable, fast-developing downtown-edge district where the unit, the HOA and rental rules, and the full carrying cost drive outcomes. Watch the Tropicana Field and Gas Plant District redevelopment and St. Petersburg insurance costs against durable downtown-edge demand, and confirm HOA, flood and insurance per unit.

Tropicana Field and Gas Plant District redevelopment advancing

2025

BullishMajor impact

SignificanceRadius: Area

A large mixed-use redevelopment proposal near the Innovation District could lift nearby demand over time; track the actual approvals and timeline rather than the headline figure.

Walkable Innovation District location drives value

Ongoing

BullishNotable impact

SignificanceRadius: Community

Proximity to downtown St. Petersburg, the Grand Central District and major employers carries durable demand for new townhome product; confirm the specific unit and position.

St. Petersburg insurance is a real cost layer

Ongoing

BearishNotable impact

SignificanceRadius: Community

Flood and wind insurance near downtown St. Petersburg can be substantial; confirm current quotes and the master-policy split for the specific unit before you offer.

New-construction standards lower near-term reno risk

Ongoing

BullishMinor impact

SignificanceRadius: Community

Recent construction with hurricane-impact windows reduces near-term major-system risk; confirm the builder warranty and remaining coverage per unit.

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Innovation Townhomes, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

October 2025
Development
a confirmed amount billion Gas Plant and Tropicana Field redevelopment proposed
The Business Observer reported on October 3, 2025 that a group led by Casey Ellison, Cathie Wood and Jonathan Graham submitted an unsolicited proposal outlining a multi-billion-dollar mixed-use redevelopment of St. Petersburg's Tropicana Field and Gas Plant District, connected to the Innovation District and built in phases over many years. Why it matters: A large mixed-use redevelopment near the Innovation District could lift nearby demand over time, but it is an early-stage proposal subject to city review and competing bids. Track the actual approvals and timeline rather than the headline figure. Source
December 2025
Development
St. Petersburg opens window for competing redevelopment proposals
The Tampa Bay Times reported on December 30, 2025 that St. Petersburg opened a window for alternative or competing proposals to redevelop the Historic Gas Plant District and Tropicana Field site, following the unsolicited multi-billion-dollar proposal. Why it matters: The competitive process signals the redevelopment is real but unsettled. The eventual scope and timeline will shape nearby demand, so weigh it as a longer-term upside rather than a confirmed plan. Source

Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

The Strategy

The Innovation Townhomes buying strategy.

If we were buying in Innovation Townhomes, this is the order of operations we would run, and the one we run for our clients.

Confirm the HOA dues and what they cover, reported around the high 200s monthly, confirm the current figure and inclusions in writing.

Confirm any rental or lease-term restriction, since this is a fee-simple townhome, not a nightly rental product; verify the minimum lease per the current rules.

Confirm the flood zone and insurance, since this is a near-downtown St. Petersburg location; get current flood and wind quotes for the specific unit.

Confirm the builder warranty and specification on the new build, including square footage, finishes and any remaining coverage.

Weigh the nearby alternative, Amara Bay Residences, on price, position and total carrying cost.

The Quick Decision

Best Buy

A well-positioned end or upper-tier unit with the HOA dues, rental rules, warranty, flood and insurance picture all confirmed.

Biggest Risk

Anchoring on a new-build price without confirming the HOA dues, the rental restriction, the flood zone or the insurance.

Best Lot

Position within the four buildings, unit size and rooftop-deck orientation drive value; confirm the specific unit, not an average.

Smart Timing

Small new-construction inventory is thin and turns over slowly; the right unit is worth waiting for, with HOA, insurance and warranty confirmed first.

Deep-Dive Intelligence

The full read, only if you want it.

The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Innovation Townhomes is a small for-sale, new-construction townhome community at 535-569 Dr. M.L.K. Jr Street S in St. Petersburg's Innovation District (ZIP 33705), Pinellas County, built by The Davis Companies and reported as roughly 26 three-story homes across four buildings with private rooftop decks, hurricane-impact windows, gas ranges and attached garages. Value is driven by the specific unit and its position rather than a uniform lot. Confirm the HOA dues and inclusions, any rental or minimum-lease restriction, the flood zone, wind and flood insurance quotes, the builder warranty, and the school assignment by address with Pinellas County Schools, since details change.

Innovation Townhomes Homes For Sale

What your money buys in Innovation Townhomes.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Here are the broad resale bands in Innovation Townhomes today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.

Entry: smaller or interior units

The smaller two-bedroom or interior-position units, the entry door into a walkable Innovation District townhome. Confirm current pricing on the live listings below.

Lowest entry

Core: standard three-bedroom homes

The standard three-bedroom, three-story homes with a private rooftop deck and garage, the core of the community. Confirm current pricing on the live listings below.

Most inventory

High: larger or end-position units

The larger or end-position units with the best rooftop orientation and light. Size and position separate these most. Confirm current pricing on the live listings below.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

See Off-Market & Private Listings

What Your Money Buys

What ~$900K buys here.

Three realistic price bands. Where a home lands comes down to condition and lot, not square footage alone.

Entry: smaller or interior units

The smaller two-bedroom or interior-position units, the entry door into a walkable Innovation District townhome. Confirm current pricing on the live listings below.

Core: standard three-bedroom homes

The standard three-bedroom, three-story homes with a private rooftop deck and garage, the core of the community. Confirm current pricing on the live listings below.

High: larger or end-position units

The larger or end-position units with the best rooftop orientation and light. Size and position separate these most. Confirm current pricing on the live listings below.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

Operator Intelligence

Renovation & Resale Intelligence

The factors that actually move value in Innovation Townhomes, condition, lot, and the renovation math, read from current listings and recent sales.

15-Second Take

Renovation math decides the deal
Better lots and views resell strongest
Roof and HVAC age drive the insurance quote
Interior lots are where buyers overpay

Proprietary Data

The renovation premium.

Renovated-listing inventory in Innovation Townhomes is too thin right now to compute a reliable renovation premium. We read condition home by home against real comps before you offer.

Lot Value

The lot premium.

On a preferred homesite (water, preserve, corner, or a larger lot), the homesite is the part of your money the market gives back at resale. The house can be renovated; the lot cannot, so premium lots hold their value better than interior ones. How much more they command varies by frontage, view, and condition, which is why we read it home by home against real comparable sales rather than a single headline figure.

Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

Resale Strength Scorecard

How well Innovation Townhomes holds value.

Our read on the factors that protect resale here, and the one to manage.

New-construction housing stockStrong

Walkable Innovation District locationStrong

Confirm HOA scope and rental rulesManage it

Confirm builder warranty per unitManage it

Confirm flood zone and insuranceWatch it

Momentum analysis based on the community's structure, location, lot scarcity, and housing stock. Not a guarantee of future value.

Operator Note

The strongest value pocket is usually a renovated home on a good lot priced just under the next tier up. Buyers chasing the single biggest house often pay top prices for what is really a renovation project.

5 Mistakes Buyers Make in Innovation Townhomes

15-Second Take

Calling the listing agent (who works for the seller)
Misjudging the renovation budget
Overpaying for an interior lot
Underbudgeting the carrying costs
Skipping the roof, HVAC, and systems check

The same five mistakes cost buyers the most in any market. Every one is avoidable with the right preparation before you tour.

Calling the listing agent

The agent on the sign works for the seller. In a market where condition swings price by hundreds of thousands, negotiating against that agent with no one in your corner is the costliest move of all.

Misjudging the renovation math

A dated home looks like a deal until you price the roof, HVAC, pool, and full modernization honestly. Underbudget the reno and the bargain becomes the expensive house.

Overpaying for an interior lot

A premium homesite (water, preserve, or a preferred position) carries a real, durable premium. Pay a top price for an interior lot and you are buying the weakest version of the value.

Underbudgeting the carrying costs

Two similar homes can cost very differently to own once the HOA, any CDD, insurance, and upkeep are priced in. Buyers who do not run the full monthly carrying cost misread the real number.

Skipping the systems check

An older home means older systems unless updated. Roof age, HVAC age, pool equipment, and prior renovations drive both price and insurability, and a thorough inspection matters more here than in a new build.

“

Innovation Townhomes is about the unit and the walkable location, not a yard. The deal is won or lost on the HOA and rental rules, the flood and insurance math, and the warranty, confirmed before you offer.

Jon Brooks · Founder, Momentum Realty

Momentum Intelligence

Momentum Buy Score.

Our proprietary 0 to 10 read across the five factors that decide how a home here buys, holds, and resells.

7.8B+ · Buy Score

Resale Strength7.8/10

Renovation Risk8.2/10

Location Efficiency8.6/10

Long-Term Defensibility7.6/10

Carrying Cost Advantage6.2/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Momentum Housing Intelligence

Why our read on Innovation Townhomes is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Stellar MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Stellar MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates

Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

About the analyst · Our methodology

Which Lots & Views Hold Value Best

Proprietary Data · Lot Value Map

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)

$261 value$401 premium

Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Stellar MLS; for orientation, not an appraisal.

15-Second Take

The unit and position drive resale more than finishes
Confirm the unit size, bedroom count and rooftop orientation
Read condition and warranty on the specific new build
Confirm flood zone and insurance where applicable
Comp the specific unit, not the area average

In a small townhome community like this, the unit and its position within the four buildings set the floor on resale while finishes stay current on a new build. Read the unit size, the rooftop-deck orientation and any end-position advantage first, confirm the flood and insurance picture and the builder warranty, then price the specific unit against the closest comparable sale rather than an area average.

The 15-Second Verdict

Innovation Townhomes in 15 seconds.

Best forBuyers who want a low-maintenance new townhome with a rooftop deck walkable to downtown St. Petersburg.

Strong onWalkable Innovation District location, current construction standards, hurricane-impact windows, private garages and rooftop decks.

WatchThe HOA dues, rental rules, flood zone and insurance. Confirm every cost and restriction layer per unit.

Sweet spotA well-positioned unit with strong rooftop orientation and the HOA, warranty, flood and insurance costs confirmed.

Not forBuyers who want a large lot, a nightly rental investment, or a gated suburban amenity master plan.

HOA, CDD & Fees

15-Second Take

Confirm the current HOA dues figure and cadence in writing
Confirm what the dues include and exclude per unit
Confirm any rental or minimum-lease restriction
Budget flood and wind insurance separately
Confirm the builder warranty on the new build

The HOA dues are reported around the high 200s per month; confirm the exact current figure, the billing cadence and what is included in writing before you offer. We pull the documents for any home you consider.

What the dues cover varies; in a small townhome community they typically address shared exterior, common-area and master-policy items. Confirm the exact inclusions, any reserve study, and what remains the owner's responsibility, including interior, rooftop-deck and garage upkeep.

Run Your Numbers

Tools for a Innovation Townhomes buy.

Free calculators to pressure-test the real cost before you tour.

Mortgage paymentPrincipal, interest, taxes, and insurance on a specific price.Property taxPinellas County millage and the homestead picture.Rent vs buyThe breakeven on owning in Innovation Townhomes.Save Our HomesProject your homestead tax cap over time.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Selling in Innovation Townhomes

Price it to your unit, position and the new-build condition, with the carrying cost shown.

If you are selling in Innovation Townhomes, the right list price comes from recent sales matched to your unit's size, position within the buildings and condition, in a small community where the specific unit and the walkable location drive value. Clear HOA, rental-rule, warranty and insurance information is a real asset.

Momentum listings (YTD)

97.98%

Sold-to-list ratio across our market for our agents, sellers keeping more of their price.

Market average (YTD)

96.73%

The broader metro average sold-to-list ratio over the same period.

Momentum days on market

64 days

Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.

Market days on market

72 days

The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Innovation Townhomes, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Amara Bay Residences, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Innovation Townhomes home worth?

Get a no-obligation home value based on real comparable sales in Innovation Townhomes matched to your condition, lot, and view, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Innovation Townhomes on the map →
Or get your Innovation Townhomes home value & selling guide →

Real comps, not a Zestimate.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Pinellas County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,026/mo

Pinellas County typical true cost to own

$159/mo

Pinellas County typical home insurance

Check CDD

Confirm before you offer

Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Pinellas County scorecard.

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

Innovation Townhomes Market Scorecard

Thin data

Innovation Townhomes is currently a thin data. Limited supply, a median asking price of n/a.

n/a

Months supply

n/a

Median list

n/a

Median sold

n/a

Per sqft

n/a

Days on mkt

0/0/0

Active/Pend/Sold

Go deeper: true cost calculator · affordability calculator.

Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Innovation Townhomes located?

Innovation Townhomes is at 535-569 Dr. M.L.K. Jr Street S in St. Petersburg's Innovation District (ZIP 33705), Pinellas County, walkable to downtown St. Petersburg, the Grand Central District and the Tropicana Field redevelopment site.

What kind of homes are in Innovation Townhomes?

For-sale, new-construction three-story townhomes, reported as roughly 26 two and three-bedroom homes across four buildings, each with a private rooftop deck and an attached garage. Confirm the exact size, bedroom count and specification for any unit.

Who built Innovation Townhomes?

The Davis Companies is named as the developer, the same group behind Uptown Kenwood, an earlier St. Petersburg townhome community. Confirm the builder, general contractor and warranty for the specific unit.

Does Innovation Townhomes have an HOA?

Yes, this is a townhome community with an HOA. Dues are reported around the high 200s per month; confirm the exact current figure and what it includes in writing before you offer.

Can I rent out a home in Innovation Townhomes?

This is a fee-simple townhome community, not a nightly short-term-rental product, and a minimum lease term is reported. Confirm the current rental and minimum-lease rules in the HOA documents for the specific unit before you offer.

Is Innovation Townhomes in a flood zone?

Near-downtown St. Petersburg locations can fall in flood zones, and zones are parcel-specific. Confirm the flood zone and current flood and wind insurance quotes for the specific unit.

What does a home in Innovation Townhomes cost?

We do not publish a price figure here. Pricing tracks the specific unit, its size and position. Confirm current pricing on the live listings on this page; we pull exact comps before you offer.

What amenities do the homes include?

Reported features include private rooftop decks, hurricane-impact windows, a gas range, modern fixtures, an attached garage and outlets pre-wired for an electric-vehicle charger. Confirm the exact features and finishes for any specific unit.

What schools serve Innovation Townhomes?

The community is in Pinellas County Schools, with assignment by address. Zoning can change, so confirm the current zoned campuses for any specific unit with the district.

How walkable is Innovation Townhomes?

The Innovation District position is the point: downtown St. Petersburg, Beach Drive and the Grand Central District are a short walk or drive, and the Tropicana Field redevelopment site is nearby.

Is now a good time to buy in Innovation Townhomes?

Small new-construction inventory is thin and turns over slowly, so it depends on the specific unit. We pull live inventory and comps so you can judge value and the full carrying cost.

Is Innovation Townhomes a good place to buy?

It can be, for a buyer who wants a low-maintenance new townhome in a walkable downtown-edge setting and who confirms the HOA dues, rental rules, flood and insurance. We pull live inventory and comps so you can judge value on the actual unit.

What is the Innovation District like?

It is a downtown-edge St. Petersburg district anchored by research, healthcare and tech employers near the Tropicana Field site, with a walkable, urban character and active nearby redevelopment.

Do I need my own agent to buy in Innovation Townhomes?

Yes. The listing agent works for the seller. Your own agent confirms the unit specification, the HOA dues and rental rules, the warranty, and the flood and insurance picture, pulls true comps, and negotiates for you. Momentum Realty represents you, not the seller.

Who is the best real estate agent for Innovation Townhomes?

The best agent for Innovation Townhomes is one who actively works St. Petersburg and knows the community's pricing, HOA and CDD details, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Innovation Townhomes.

How do I find a top St. Petersburg real estate agent who knows Innovation Townhomes?

Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Innovation Townhomes and the wider St. Petersburg area.

Can Momentum Realty connect me with an agent for Innovation Townhomes?

Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Innovation Townhomes purchase or sale - no call center and no pressure.

The Verdict

Should you buy in Innovation Townhomes?

An honest fit check. We will tell you when it is not your community.

You want a low-maintenance new townhome near downtown St. PetersburgExcellent fit

You value a private rooftop deck, garage and walkable urban settingExcellent fit

You want hurricane-impact windows and current construction standardsExcellent fit

You will confirm HOA dues, rental rules, flood and insuranceExcellent fit

You want a short walk or drive to downtown and the Grand Central DistrictExcellent fit

You want a large single-family lot or yardProbably not

You are seeking a nightly short-term-rental investmentProbably not

You will not confirm flood, insurance and HOA costsProbably not

You want a gated, amenity-rich suburban master planProbably not

You want the lowest possible monthly carryProbably not

Get the inside read on Innovation Townhomes

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Innovation Townhomes home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

You are all set.

A Momentum Realty Innovation Townhomes specialist will reach out personally, usually the same day.

Thinking about hiring an agent here? How to find the best real estate agent in Innovation Townhomes — what to look for, questions to ask, and your local expert.

Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Listings courtesy of Stellar MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing; deemed reliable but not guaranteed by MLS GRID.

InnovationTownhomes in St. Petersburg, FL

The 60-Second Overview

Who Innovation Townhomes is best for.

Best for

Probably not for

How Innovation Townhomes is performing right now

Innovation Townhomes on the map.

How far is everything?

Nearby Communities

Schools

Pinellas County Public Schools (verify by address)

Confirm zoned elementary, middle, and high

Magnet and choice options may apply

Recent Developments in Innovation Townhomes

Tropicana Field and Gas Plant District redevelopment advancing

Walkable Innovation District location drives value

St. Petersburg insurance is a real cost layer

New-construction standards lower near-term reno risk

a confirmed amount billion Gas Plant and Tropicana Field redevelopment proposed

St. Petersburg opens window for competing redevelopment proposals

The Innovation Townhomes buying strategy.

The full read, only if you want it.

What your money buys in Innovation Townhomes.

What ~$900K buys here.

Renovation & Resale Intelligence

The renovation premium.

The lot premium.

How well Innovation Townhomes holds value.

5 Mistakes Buyers Make in Innovation Townhomes

Calling the listing agent

Misjudging the renovation math

Overpaying for an interior lot

Underbudgeting the carrying costs

Skipping the systems check

Momentum Buy Score.

Why our read on Innovation Townhomes is different.

Which Lots & Views Hold Value Best

Innovation Townhomes in 15 seconds.

HOA, CDD & Fees

Tools for a Innovation Townhomes buy.

Price it to your unit, position and the new-build condition, with the carrying cost shown.

In Innovation Townhomes, condition and view decide your number

What is your Innovation Townhomes home worth?

Price History: What Homes Here Have Actually Sold For

The real cost & risk here

Innovation Townhomes Market Scorecard

Frequently Asked Questions

Should you buy in Innovation Townhomes?

Get the inside read on Innovation Townhomes

You are all set.

Need to sell fast in Pinellas County?

You just read the data. Now see what your home is worth.

Innovation
Townhomes in St. Petersburg, FL