Palmetto Park,
St. Petersburg Homes for Sale

1920s era platting · St. Petersburg, Pinellas County · ZIP 33713

A historic 1920s era bungalow pocket inside the Grand Central District, walkable to Central Avenue and the Warehouse Arts District.

Grand Central DistrictWalkable Central AvenueSunRunner corridor

Live Market Pulse

50/100
Momentum

Buyer-Leaning Market (limited data)

Palmetto Park is a compact established neighborhood, so the honest read is block by block and home by home, on age, condition, and the flood picture, not on one neighborhood average.

Free · No obligation

Unlock Off-Market Palmetto Park

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

$278K

Median Price

0mo

Supply

n/a

Avg DOM

Soft

Seller Leverage

$263/sf

Median $/Sqft

n/a

1-Yr Price Change

0now

Distress

Jon's Current Read

"Palmetto Park is a small, established central St. Petersburg neighborhood rather than a master plan, so the read is about an older, settled pocket: the housing stock leans to 1920s era bungalows and later infill, lot sizes and conditions vary block to block, and the value driver is condition, the specific block, and the location inside the walkable Grand Central District next to the Warehouse Arts District. The buy here is about an honest read of an older home, its roof, systems, and any flood exposure, plus the lifestyle premium of walking to Central Avenue and the SunRunner, not a neighborhood price index. Confirm the FEMA flood zone, the elevation, and the condition of any older home before you anchor to a number."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Palmetto Park market snapshot (as of June 25, 2026): the median sale price is about $278K ($263 per sq ft), a buyer-leaning market (limited data). Based on 2 recent closings in live Stellar MLS data.

Palmetto Park is a compact established neighborhood in central St. Petersburg, in Pinellas County, platted in the 1920s era and sitting inside the Grand Central District just north of the Warehouse Arts District (Homes.com and Niche neighborhood guides, 2026). It is a quiet, mostly owner-occupied residential pocket within a larger arts and entertainment corridor.

The appeal is location and walkability. The neighborhood is steps from Central Avenue and the Grand Central District shops, breweries, and galleries, the Warehouse Arts District sits to the south, and the Pinellas Trail runs through the area. The SunRunner bus rapid transit on the Central Avenue corridor connects the area to downtown St. Petersburg and the Gulf beaches.

The housing stock is older and varied, with 1920s era bungalows alongside later infill and renovated homes, so condition, roof age, and insurability drive value as much as square footage. The block and the parcel matter: this is an established urban neighborhood where the home and the lot, not a community average, set the number.

The honest work is reading an older home and its flood picture before you fall for the walkability. Central St. Petersburg saw real flooding in the 2024 hurricane season in some low-lying pockets, so the FEMA flood zone, the elevation, and the insurance quote belong in diligence on any specific address.

Quick Match

Who Palmetto Park is best for.

Best for

Buyers who want a walkable, central St. Petersburg arts district location
Buyers who value SunRunner and Central Avenue access over a big lot
Buyers comfortable budgeting renovation and insurance on an older bungalow
Buyers who want character housing near Grand Central rather than new build

Probably not for

Buyers who want a gated, amenity-dense master plan feel
Anyone unwilling to verify flood zone and elevation parcel by parcel
Buyers who need a large lot or a quiet, low-density suburban setting
Buyers unwilling to budget roof and systems work on older homes

Market Pulse

How Palmetto Park is performing right now

50/100
momentum

Buyer-Leaning Market (limited data)

Seller's marketBalancedBuyer's market

0Months of supplytight

57Median days on marketdays

0 : 0Under contract vs for salestrong demand

2Sold 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 25, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Palmetto Park 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 Pinellas Point 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 12mo2

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 Palmetto Park buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Palmetto Park

Live MLS inventory for Palmetto Park. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

742 Se 12Th Street home for sale in Palmetto Park

Sold

$290,000

2 bd · 1 ba · 912 sqft · built 1947

742 Se 12Th Street, OCALA, 34471

Listed by IT'S ALL ABOUT YOU...REAL ESTA

727 Se 12Th Street home for sale in Palmetto Park

Sold

$265,000

2 bd · 1.5 ba · 1,280 sqft · built 1960

727 Se 12Th Street, OCALA, 34471

Listed by DONALD BROWN LRB

No homes are actively for sale in Palmetto Park right now, so its recent closed sales are shown, as of 2026-06-25, priced high to low. Listings courtesy of Stellar MLS as distributed by MLS GRID.. Tap any home to ask about it.

Interactive Map

Palmetto Park 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

Palmetto Park trades lot size for one of the most walkable central St. Petersburg locations, with Central Avenue, the Grand Central District, the SunRunner, and I-275 all close at hand.

Drive times from Palmetto Park. They are approximate and vary with traffic and your exact start point inside the neighborhood.

Grand Central District~2 to 5 min · shops and dining

Warehouse Arts District~3 to 5 min · studios and galleries

Downtown St. Petersburg~10 min · via Central Avenue or I-275

Interstate 275~2 to 3 min · quick highway access

St. Pete Beach via SunRunner~35 to 45 min · Central Avenue BRT corridor

Tampa International Airport~30 to 40 min · via I-275

Bayfront Health St. Petersburg~10 min · nearby hospital

Distances and drive times are approximate and vary with traffic and your exact parcel. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Palmetto Park,St with Momentum Realty’s local guides.

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

Palmetto Park (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

Palmetto Park 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 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 Palmetto Park address.

The takeaway

What is actually shaping value around Palmetto Park: the Warehouse Arts District zoning overlay and new development to the south, the SunRunner bus rapid transit on the Central Avenue corridor, and the parcel level flood dynamics that the 2024 hurricane season underscored. Each item is sourced and linked.

Recent Developments in Palmetto Park

Development Intelligence

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

Net OutlookBullishThe arts district investment and the SunRunner corridor point to steady demand for walkable central St. Petersburg, with the watch item being older-home condition and parcel level flood exposure.

Warehouse Arts District zoning overlay approved

2024

BullishMajor impact

SignificanceRadius: Area

A new mixed-use overlay south of the neighborhood is set to spur housing, jobs, and arts development, adding amenities and investment near Palmetto Park.

SunRunner bus rapid transit on Central Avenue

Ongoing

BullishNotable impact

SignificanceRadius: Area

The region's first bus rapid transit line runs the Central Avenue corridor, connecting the neighborhood to downtown and the beaches and supporting transit-oriented value.

Walkable Grand Central District location

Ongoing

BullishNotable impact

SignificanceRadius: Community

Walkability to Central Avenue shops, breweries, and galleries is a core value driver and a defensible advantage for the small neighborhood.

Older bungalow stock means condition risk

Ongoing

NeutralNotable impact

SignificanceRadius: Community

Much of the housing is 1920s era and older, so roof, systems, and insurability drive value and have to be read per home.

Parcel level flood exposure in central St. Petersburg

2024

NeutralNotable impact

SignificanceRadius: Area

Some low-lying central St. Petersburg pockets flooded in the 2024 hurricane season, making the FEMA check and insurance quote essential diligence.

Insurance cost is a central diligence item

Ongoing

NeutralMinor impact

SignificanceRadius: Community

On older Florida homes, roof age and wind mitigation drive the premium, so the insurance quote on the specific address belongs in the budget early.

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 Palmetto Park, 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 ↓

September 2024
Development
St. Petersburg approves Warehouse Arts District zoning overlay
St. Petersburg City Council unanimously adopted the SunRunner Target Employment Center overlay covering about 58 acres in the Warehouse Arts District south of Palmetto Park, designed to add housing, jobs, and mixed-use development around the 22nd Street SunRunner station. A Palmetto Park Neighborhood Association representative spoke in support at the meeting. Why it matters: Investment and new amenities just south of the neighborhood strengthen the walkable district draw that underpins Palmetto Park value. Source
October 2024
Risk
Hurricane Milton flooding hits parts of central St. Petersburg
During Hurricane Milton in October 2024, homes in parts of central St. Petersburg, including North Kenwood near Palmetto Park, flooded unexpectedly when a retention pond overflowed, with some residents reporting several feet of water. The 2024 season underscored parcel level flood variation across the area. Why it matters: Flooding in nearby central pockets makes the FEMA flood zone and elevation check essential on any specific Palmetto Park address. Source
January 2024
Transit
SunRunner ridership and fares draw scrutiny on the Central Avenue corridor
After PSTA began charging fares in late 2023, SunRunner ridership on the Central Avenue corridor declined from its free-ride peak but remained one of the agency's highest-performing routes at more than 50,000 monthly rides, with officials citing transit-oriented development as a long-term driver. Why it matters: A maturing bus rapid transit corridor on Central Avenue supports the walkable, transit-adjacent value case for Palmetto Park. 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 Palmetto Park buying strategy.

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

Read the block first. Palmetto Park is small and varied, so the specific block and its proximity to Central Avenue set the floor on value.

Verify the FEMA flood zone and elevation. Central St. Petersburg has parcel level flood variation, and 2024 storms flooded some low-lying pockets, so quote the exact address.

Read the older home honestly. Many homes here are 1920s era bungalows, so roof age, systems, and wind mitigation drive the insurance and renovation math.

Price the walkability premium. Proximity to Central Avenue, the Grand Central District, and the SunRunner is part of the value, so weigh it against condition.

Use the district context, and cross-shop other established St. Petersburg pockets such as Pinellas Point if you want more lot and a quieter setting.

The Quick Decision

Best Buy

An updated 1920s era bungalow on a dry block walkable to Central Avenue

Biggest Risk

Underbudgeting roof, systems, insurance, and flood exposure on an older home

Best Lot

A higher, drier parcel outside the flood zone close to the district core

Smart Timing

Confirm the flood zone, elevation, and condition before you offer

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

Palmetto Park is an established central St. Petersburg neighborhood rather than an amenity community, so the lifestyle is urban and walkable rather than gated. The draw is location: Central Avenue, the Grand Central District, the Warehouse Arts District, and the Pinellas Trail are all close, with the SunRunner bus rapid transit on the corridor and downtown St. Petersburg minutes away. There is no community clubhouse or pool; the amenities are the surrounding arts, dining, and transit. Confirm any specific home's condition, flood zone, and fees before you buy.

Palmetto Park Homes For Sale

What your money buys in Palmetto Park.

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 Palmetto Park today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.

The Bungalow Entry

$265K to $265K

Original 1920s era bungalows in need of updates, often the affordable way into a walkable Grand Central location, where condition and roof age drive value.

Lowest entry

The Updated Core

$265K to $290K

Renovated bungalows and solid infill homes on dry blocks near Central Avenue, the heart of the resale market here.

Most inventory

The Top

$290K to $290K

Fully renovated character homes and newer infill on the best blocks closest to the district, the homes that hold value best.

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 ~$278K buys here.

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

$265K to $265K

The Bungalow Entry

Original 1920s era bungalows in need of updates, often the affordable way into a walkable Grand Central location, where condition and roof age drive value.

$265K to $290K

The Updated Core

Renovated bungalows and solid infill homes on dry blocks near Central Avenue, the heart of the resale market here.

$290K to $290K

The Top

Fully renovated character homes and newer infill on the best blocks closest to the district, the homes that hold value best.

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 Palmetto Park, 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 Palmetto Park 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 Palmetto Park holds value.

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

Roof and structure on 1920s era homesOften original or aging, budget replacement

Systems and electricalOlder wiring and plumbing common, verify

Flood and elevation exposureParcel specific, 2024 storms flooded some pockets

Walkable location valueStrong Central Avenue and district proximity

Lot and block desirabilityVaries, dry blocks near the core hold value

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 Palmetto Park

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.

“

Palmetto Park sells walkability to Central Avenue and 1920s era character. The deal is won or lost on the block, the condition, and the flood and insurance math.

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.

7.4B · Buy Score

Resale Strength7.4/10

Renovation Risk5.5/10

Location Efficiency8.4/10

Long-Term Defensibility7.2/10

Carrying Cost Advantage7.0/10

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 Palmetto Park 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

Higher, drier parcels outside the flood zone hold value
Verify the FEMA flood zone and elevation for the exact address
Blocks closest to Central Avenue carry a walkability premium
Most established lots carry no HOA, verify per parcel
Read the lot and flood picture before the finishes

In a small, established neighborhood like Palmetto Park, the parcel and the block are the part of your money the market protects. Higher, drier lots outside the flood zone, and blocks closest to Central Avenue and the Grand Central District, hold value better than low-lying or peripheral parcels. The house can be renovated; the flood zone and the location cannot. Read the parcel, the elevation, and the flood map first, then price the condition of the home against it.

The 15-Second Verdict

Palmetto Park in 15 seconds.

Best forBuyers who want a walkable, central St. Petersburg arts district location with character housing.

Biggest advantageWalkability to Central Avenue, Grand Central, and the SunRunner corridor.

Biggest riskRoof, systems, insurance, and parcel level flood exposure on older homes.

Sweet spotAn updated 1920s era bungalow on a dry block near the district core.

Avoid ifYou want a gated master plan, a big lot, or a quiet low-density setting.

HOA, CDD & Fees

15-Second Take

Most established single-family lots carry no HOA
Any condo or infill project may have its own association
No CDD on the typical established parcel, verify
Flood zone is parcel specific, check FEMA and insurance
Budget a roof and systems reserve on older bungalows

Palmetto Park is an established neighborhood of individually owned homes, so most single-family parcels carry no mandatory HOA. Any condo or newer infill project may have its own association, and there is no CDD on the typical established lot. Confirm the exact fee lines for the specific parcel.

Where no HOA exists, the city of St. Petersburg provides services and there are no community dues. For any condo or townhome project, confirm what the association covers and the assessment history before you buy.

Run Your Numbers

Tools for a Palmetto Park 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 Palmetto Park.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 Palmetto Park

Price it to the block, condition, and flood zone, not a Palmetto Park average.

Selling in Palmetto Park means pricing to your specific block and your home's condition, not a neighborhood average that mixes original bungalows with renovated and infill homes. The walkability to Central Avenue, the roof age, and the flood zone are what set your number.

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 Palmetto Park, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Pinellas Point, 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 Palmetto Park home worth?

Get a no-obligation home value based on real comparable sales in Palmetto Park 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 Palmetto Park on the map →
Or get your Palmetto Park 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.

Palmetto Park Market Scorecard

No active listings

Palmetto Park is currently a no active listings. Limited supply, a median asking price of n/a.

n/a

Months supply

n/a

Median list

$277,500

Median sold

n/a

Per sqft

n/a

Days on mkt

0/0/2

Active/Pend/Sold

Typical home value in the 34471 ZIP is $319,475, about 6.7% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · 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 Palmetto Park, Florida?

Palmetto Park is a neighborhood in central St. Petersburg, in Pinellas County, inside the Grand Central District and just north of the Warehouse Arts District, walkable to Central Avenue and the SunRunner bus rapid transit.

Is Palmetto Park a good neighborhood to buy in?

It is a walkable, established central St. Petersburg pocket with character housing near the arts district. It comes with older housing stock, so condition, insurance, and flood zone matter and have to be read per home.

When was Palmetto Park built?

The neighborhood was platted in the 1920s era and developed over the following decades, so much of the stock is older bungalows with later infill and renovations mixed in (neighborhood guides, 2026). Confirm the year built on any specific home.

Does Palmetto Park have HOA fees?

Most established single-family lots carry no mandatory HOA. Any condo or newer infill project may have its own association. Confirm the exact fees for any specific home.

What is the Grand Central District?

The Grand Central District is the Central Avenue business and arts corridor that Palmetto Park sits within, with shops, breweries, restaurants, and galleries, generally running along Central Avenue west of downtown St. Petersburg.

What is the Warehouse Arts District?

The Warehouse Arts District is an arts and maker community just south of Palmetto Park, home to studios, galleries, and businesses such as breweries. In 2024 the city approved a zoning overlay there to encourage new mixed-use development.

How is the commute from Palmetto Park?

The neighborhood has quick access to Interstate 275 and is served by the SunRunner bus rapid transit on Central Avenue, connecting to downtown St. Petersburg and toward the Gulf beaches. Drive times depend on your exact start point and traffic.

What is the SunRunner?

The SunRunner is the Pinellas Suncoast Transit Authority bus rapid transit line along the Central Avenue corridor, connecting downtown St. Petersburg to St. Pete Beach. It runs near Palmetto Park and is one of the region's first bus rapid transit routes.

Should I worry about flood zones in Palmetto Park?

Flood exposure is parcel specific in central St. Petersburg, and some low-lying pockets flooded in the 2024 hurricane season. Always run the FEMA flood zone and an insurance quote for the exact address during diligence.

What schools serve Palmetto Park?

Palmetto Park is part of Pinellas County Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home.

What kind of homes are in Palmetto Park?

The stock leans to 1920s era bungalows with later infill and renovated homes mixed in. Sizes and conditions vary block to block, so the home and the parcel, not the neighborhood name, set the price.

Is Palmetto Park walkable?

Yes. It is one of its main draws, with Central Avenue, the Grand Central District, the Warehouse Arts District, and the Pinellas Trail all close by, plus the SunRunner for transit along the corridor.

Is Palmetto Park a good investment?

Walkability and the central arts district location support demand, but this is a condition-driven older-home market. As with any older urban market, roof, systems, insurability, and flood zone drive the outcome; this is not a guarantee of future value.

Why does Palmetto Park pricing vary so much?

Because the neighborhood spans original bungalows, renovated homes, and infill across a small area, each with its own age, condition, and flood picture. The block and the condition, not the Palmetto Park name, set the price.

Who is the best real estate agent for Palmetto Park?

The best agent for Palmetto Park 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 Palmetto Park.

How do I find a top St. Petersburg real estate agent who knows Palmetto Park?

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 Palmetto Park and the wider St. Petersburg area.

Can Momentum Realty connect me with an agent for Palmetto Park?

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

The Verdict

Should you buy in Palmetto Park?

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

Buyers who want a walkable, central St. Petersburg arts district locationExcellent fit

Buyers who value SunRunner and Central Avenue access over a big lotExcellent fit

Buyers comfortable budgeting renovation and insurance on an older bungalowExcellent fit

Buyers who want character housing near Grand Central rather than new buildExcellent fit

Buyers who will read condition, flood zone, and insurance by parcelExcellent fit

Buyers who want a gated, amenity-dense master planProbably not

Anyone unwilling to verify flood zone and elevation per parcelProbably not

Buyers who need a large lot or a quiet low-density settingProbably not

Buyers unwilling to budget roof and systems work on older homesProbably not

Buyers who want uniform, newer housing stock and feesProbably not

Get the inside read on Palmetto Park

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Palmetto Park 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 Palmetto Park specialist will reach out personally, usually the same day.

Thinking about hiring an agent here? How to find the best real estate agent in Palmetto Park — 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.

Palmetto Park,St. Petersburg Homes for Sale

The 60-Second Overview

Who Palmetto Park is best for.

Best for

Probably not for

How Palmetto Park is performing right now

Homes For Sale Right Now in Palmetto Park

Palmetto Park on the map.

How far is everything?

Nearby Communities

Schools

Pinellas County Schools (verify by address)

Confirm zoned elementary, middle, and high

Magnet and choice options may apply

Recent Developments in Palmetto Park

Warehouse Arts District zoning overlay approved

SunRunner bus rapid transit on Central Avenue

Walkable Grand Central District location

Older bungalow stock means condition risk

Parcel level flood exposure in central St. Petersburg

Insurance cost is a central diligence item

St. Petersburg approves Warehouse Arts District zoning overlay

Hurricane Milton flooding hits parts of central St. Petersburg

SunRunner ridership and fares draw scrutiny on the Central Avenue corridor

The Palmetto Park buying strategy.

The full read, only if you want it.

What your money buys in Palmetto Park.

What ~$278K buys here.

Renovation & Resale Intelligence

The renovation premium.

The lot premium.

How well Palmetto Park holds value.

5 Mistakes Buyers Make in Palmetto Park

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 Palmetto Park is different.

Which Lots & Views Hold Value Best

Palmetto Park in 15 seconds.

HOA, CDD & Fees

Tools for a Palmetto Park buy.

Price it to the block, condition, and flood zone, not a Palmetto Park average.

In Palmetto Park, condition and view decide your number

What is your Palmetto Park home worth?

Price History: What Homes Here Have Actually Sold For

The real cost & risk here

Palmetto Park Market Scorecard

Frequently Asked Questions

Should you buy in Palmetto Park?

Get the inside read on Palmetto Park

You are all set.

Need to sell fast in Pinellas County?

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

Palmetto Park,
St. Petersburg Homes for Sale