North East Park Placido Shores market snapshot (as of June 25, 2026): the median sale price is about $680K ($321 per sq ft), with homes averaging 22 days on market and 2.2 months of supply, a seller's market (limited data). Based on 11 recent closings in live Stellar MLS data.
North East Park Placido Shores is an established neighborhood in northeast St. Petersburg, Pinellas County (ZIP 33703), near the Placido Bayou waterway. The area dates back to the mid-1950s and built out over several decades, so the housing stock ranges from smaller midcentury homes to larger, more recent near-water properties.
The neighborhood reads as a more grounded option next to the historic homes of Old Northeast just to the south, with quick access to waterfront parks, schools, and grocery. Two bayous hug the area, which is part of the draw and part of the risk to weigh honestly.
Water is the central read here. Northeast St. Petersburg saw record storm surge in late September 2024, and low-lying nearby neighborhoods such as Shore Acres flooded severely (source: Tampa Bay Times, September 27, 2024). Confirm the FEMA flood zone, the finished-floor elevation, prior flood history, and the flood insurance quote for any specific home.
For buyers who want an established northeast St. Petersburg location near the water and the parks, this neighborhood is worth a serious look. The work is a parcel-level read of elevation and flood exposure, and an honest insurance and resilience budget, before you fall for a list price.