Riviera Bay 1St Add
Homes for Sale in St Petersburg, FL

Community in St Petersburg · Pinellas County
124 homesBuilt 1962–2019Median sale $1.10M
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Built fromLive Stellar MLS data15 years of closingsFL DOR public recordsUpdated twice daily
Live · Riviera Bay 1St Add Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$1.10M
Median sold · 12 mo
$402/sf
Sold $/sqft · 12 mo
peak $402 in 2026
95.7%
Sale vs ask
Pinellas median: 93.3%
Tempo
5days
Median DOM · closed
5 days at the 2026 low
3
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
90%
Owner-occupied · Riviera Bay 1St Add
112 of 125 parcels homesteaded (FL DOR 2025)
10%
Non-owner-occupied · Riviera Bay 1St Add
incl. 3% trust or LLC-held · 2% out-of-state
33%
Cash buyers · Riviera Bay 1St Add
1 of 3 sales, 12 mo ending June 2026
124
Homes in the community
plus 1 vacant residential lots · 125 residential parcels (FL DOR 2025)
Track record · 15 years of records
Est. 1962
Community established
homes built 1962-2019, median 1980 (FL DOR 2025)
0
Failed listings · 2022
peaked at 5 in 2014
2,544sqft
Median sold home size
12-mo windows, closed sales
2.4%/yr
Turnover rate
about 3 of 124 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by size and condition more than anything else. With a median living area north of 3,000 square feet and a median around $1,100,000, this is a large-home market at roughly $402 per square foot, and the homes span construction from 1962 through 2019. That range means you are buying either an original-era house, a heavily updated one, or new-build product, and the spread in condition explains most of the price variation you will see.

Market posture is fast. A median of 5 days on market across a small recent closing window tells you well-priced, well-presented listings move quickly, and there is little room for a buyer to deliberate. Sellers have leverage on turnaround, but with so few recent closings the pricing signal is thin — one or two atypical sales can move the median, so lean on the specific comparable rather than the headline number.

The 60-Second Overview

Riviera Bay 1St Add market snapshot (as of July 15, 2026): the median sale price is about $1.10M ($402 per sq ft over the trailing 12 months of closed sales), and a median 5 days on market for closed sales.

Riviera Bay 1St Add is a community of 124 homes in St Petersburg, Pinellas County, built between 1962 and 2019 (median 1980.0), with a median living area of about 3,074 square feet. 90% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Riviera Bay 1St Add is a small, established St Petersburg pocket of about 124 homes where large square footage and a wide build-era range set the tone. The near-90% homestead share points to an owner-occupied street rather than a turnover-heavy investor block.

Best for

  • Buyers targeting 3,000-plus square feet who can transact quickly when the right listing appears
  • Owner-occupants planning to hold, comfortable in a low-turnover pocket
  • Buyers with a seven-figure budget willing to underwrite condition rather than rely on the median

Probably not for

  • Buyers seeking a low entry price or a smaller, lower-maintenance footprint
  • Buyers who need weeks to decide in a market clearing in days
  • Investors looking for high turnover and rental churn

Windows contain 0 to 3 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
012320122014201620182020202220242026
0 to 3 a year; 3 in the current window.
Sellers who gave up · failed listings per year
024201220142016201820202022
Canceled, expired, or withdrawn. 5 quit in 2014; 0 so far in 2022. The clearest stress gauge a community has.

If we were buying in Riviera Bay 1St Add today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Riviera Bay 1St Add.

Best Buy
Buyers who want a large home in an established, owner-occupied St Petersburg pocket.
Biggest Risk
A thin recent-sales record makes any single comp heavily influential on price.
Sweet Spot
A well-updated home priced to the specific condition, not the median.
Avoid If
You need time to deliberate or want a low entry price.

A size-and-condition market, not a starter one

The defining fact here is scale: a median home of about 3,074 square feet, with a build range from 1962 to 2019 and a median vintage around 1980. That combination tells you the housing stock is uneven — some homes are close to their original era, others have been reworked, and a handful are recent construction. Two houses of similar footprint can price very differently depending on how much work has been done, so the median tells you the center of the market but very little about any one address.

The high homestead share, just under 90%, signals a stable, owner-occupied street where inventory does not churn. Combined with only 124 homes total and a short recent closing window, that means selection is genuinely limited. When something that fits your brief comes up, expect competition and be ready to move — the 5-day median is not an accident.

The location and the amenities are priced into every listing in Riviera Bay 1St Add. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a small pocket with thin recent sales and a wide condition spread, the median alone can mislead you. We underwrite each home on its own footage, vintage, and level of updating rather than the neighborhood headline, and with listings clearing in days we help you decide fast without overpaying for work that still needs doing.

Riviera Bay 1St Add in 15 seconds.

Best forBuyers who want a large home in an established, owner-occupied St Petersburg pocket.
Biggest advantageStable ownership and limited turnover in a small, tightly held community.
Biggest riskA thin recent-sales record makes any single comp heavily influential on price.
Sweet spotA well-updated home priced to the specific condition, not the median.
Avoid ifYou need time to deliberate or want a low entry price.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Riviera Bay 1St Add sales matched to your home.

What is your Riviera Bay 1St Add home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Riviera Bay 1St Add?
The median sale price in Riviera Bay 1St Add was $1.10M over the 12 months ending July 15, 2026 (3 closed sales, Stellar MLS).
How long do homes in Riviera Bay 1St Add take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 5 days on market (3 sales, Stellar MLS).
How many homes are in Riviera Bay 1St Add?
The Florida DOR 2025 assessment roll shows 124 homes plus 1 vacant residential lots in Riviera Bay 1St Add (public records).
What share of Riviera Bay 1St Add is owner-occupied?
90% of Riviera Bay 1St Add parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Riviera Bay 1St Add built?
Homes in Riviera Bay 1St Add were built between 1962 and 2019, with a median year built of 1980.0 (FL DOR 2025 roll).
Do cash buyers compete in Riviera Bay 1St Add?
Cash buyers took 33% of Riviera Bay 1St Add sales in the 12 months ending June 2026 (1 of 3 closings, Stellar MLS).
Who is the best real estate agent for Riviera Bay 1St Add?
The best agent for Riviera Bay 1St Add is one who actively works St Petersburg and knows the community's pricing, fees, 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 Riviera Bay 1St Add.
How do I find a top St Petersburg real estate agent who knows Riviera Bay 1St Add?
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 Riviera Bay 1St Add and the wider St Petersburg area.
Can Momentum Realty connect me with an agent for Riviera Bay 1St Add?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Riviera Bay 1St Add purchase or sale - no call center and no pressure.
Buyers targeting 3,000-plus square feet who can transact quickly when the right listing appearsExcellent fit
Owner-occupants planning to hold, comfortable in a low-turnover pocketExcellent fit
Buyers with a seven-figure budget willing to underwrite condition rather than rely on the medianExcellent fit
Buyers seeking a low entry price or a smaller, lower-maintenance footprintProbably not
Buyers who need weeks to decide in a market clearing in daysProbably not
Investors looking for high turnover and rental churnProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (4 streets, ZIP 33702))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2011 (24 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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