Riviera Bay
Homes for Sale in St. Petersburg, FL

A small, fully developed St Petersburg enclave of about 149 homes with generous floor plans — the median sits near 2,338 square feet — and a stable, largely owner-occupied ownership base.

Stellar MLS sales records identify 230 homes in Riviera Bay that have changed hands since 2004, built between 1955 and 2026 (median 1986), with a median living area of about 2,000 sq ft and a typical 3-bedroom, 2-bath layout; 68% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

County records show 6 qualified sales in Riviera Bay across 2024–2025 (2 in 2024, 4 in 2025), median $810,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Riviera Bay is too small for its own price trend, so here is the market around it.

In ZIP 33702, 263 homes are on the market and 18% are under contract — a slower corner of St Petersburg.

Across Pinellas County, 6,628 homes are active and 1,729 pending (21% under contract).

In ZIP 33702 (St Petersburg), 550 homes closed in the last 12 months at a median of $335K ($274/sq ft), up 2.4% year over year, with a median 56 days on market. Right now 154 active and 30 pending listings put supply at about 4.9 months — a buyer's market. See the live ZIP 33702 housing market and the Pinellas County market.

ZIP and county figures describe the wider market, not Riviera Bay specifically. Momentum Research analysis of MLS records.

With construction spanning 1985 to 2002 and the median home built in 1987, most of these houses are now decades into their service life. That matters practically: roofs, HVAC, kitchens, and baths in the older stock are at or past typical replacement age unless a prior owner already addressed them. The homes that show recent, permitted updates will command the top of the range; the ones that don't will trade well below it. Because the housing type is fairly consistent across the community, the comparison between listings comes down to what's been done, not how big the footprint is.

Living space here is above what you find in many nearby neighborhoods — the median is roughly 2,338 square feet — so the value proposition is room. Buyers looking for space per dollar should like the math; buyers who want turnkey should budget carefully and inspect closely, because square footage without recent systems work is a future project priced as a finished home.

In a small, low-turnover neighborhood like this, the edge is knowing which homes have been genuinely updated versus cosmetically staged, and pricing the gap accordingly. We track the closings that do happen, read condition against age, and keep sellers honest about what the market will actually pay. When inventory is thin, timing and accurate condition reads decide the deal — that's where we earn our keep.

Listings in this community report association dues of about $722 per month ($8,664 a year) — the median AssociationFee across 32 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

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