Shore Acres Butterfly Lake in St. Petersburg

Shore Acres
Butterfly Lake Homes for Sale in St. Petersburg, FL

Original interior-lake core · Shore Acres, St. Petersburg · ZIP 33703

The original, lushly landscaped interior-lake core of Shore Acres in northeast St. Petersburg, with no mandatory HOA. The read is the home, the elevation, and a serious flood-and-insurance picture, confirmed before you offer.

Interior-lake coreNo mandatory HOAMinutes to downtown

Live Market Pulse

50/100
Momentum

Buyer-Leaning Market (limited data)

The mature, landscaped streets minutes from downtown are the draw, but this is one of St. Petersburg's most flood-prone areas and flooded badly in 2024, so the elevation, flood zone and insurance read is central before you anchor on a price.

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Unlock Off-Market Shore Acres Butterfly Lake

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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Jon's Current Read

"Shore Acres Butterfly Lake is the original interior-lake heart of the Shore Acres neighborhood in northeast St. Petersburg, the first large tract built around the Butterfly Lake feature, now a mature, lushly landscaped single-family section minutes from downtown, with no mandatory HOA and no CDD. The character is interior-lake and tree-lined rather than open-bay canal frontage, though it sits in the same low Shore Acres flood footprint. The honest center of the decision is flooding: Shore Acres is one of St. Petersburg's most flood-prone neighborhoods, and the 2024 storms flooded the vast majority of homes. Elevation, flood zone, storm history and insurance are decisive, with a city mitigation project and elevation-assistance funding underway. Read the specific home's elevation and insurance, then comp by elevation and condition rather than a neighborhood average."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Shore Acres Butterfly Lake is a plat section of the Shore Acres neighborhood in northeast St. Petersburg (ZIP 33703), Pinellas County, built around the interior Butterfly Lake feature. Historically it was the first large-scale development in modern Shore Acres, the original core of roughly several hundred homes.

The character is interior-lake and lushly landscaped, with mature trees and a quiet, established feel, a step back from the open-bay canal frontage of the waterfront sections, though still part of the same low Shore Acres footprint. It is golf-cart-friendly and minutes from downtown St. Petersburg.

There is no mandatory HOA and no CDD; the voluntary Shore Acres Civic Association does community projects but does not govern. The defining factor, as across Shore Acres, is flooding, which must be read honestly.

Shore Acres is one of St. Petersburg's most flood-prone neighborhoods, and the 2024 storms flooded the vast majority of homes. Confirm the elevation and flood zone for the specific home, an insurance quote, and the storm history, and ask about the city mitigation project and elevation-assistance funding, before you offer.

Quick Match

Who Shore Acres Butterfly Lake is best for.

Best for

Buyers who want a mature, landscaped interior-lake street minutes from downtown
Buyers ready to buy or build an elevated home and budget flood insurance
Buyers who value no mandatory HOA and a central location
Buyers who will confirm the elevation, flood zone and insurance honestly

Probably not for

Buyers who want a low-carry home outside any flood exposure
Buyers unwilling to budget flood insurance
Buyers uncomfortable with a flood-prone neighborhood
Buyers who want a gated, amenity-rich community

Market Pulse

How Shore Acres Butterfly Lake 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

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 Shore Acres Butterfly Lake 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 Shore Acres Bayou Grande 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 Shore Acres Butterfly Lake buys, holds, and resells. See the five factors.

Interactive Map

Shore Acres Butterfly Lake 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 northeast St. Petersburg location is the draw: downtown, I-275 and the airport are all a short drive, with the Gulf beaches a bit farther.

Drive times from the neighborhood; the central location puts downtown, the highway, and the airport within reach.

Downtown St. Petersburg~12 to 18 min · ~5 miles south

Shore Acres Recreation Center~2 to 5 min · in the neighborhood

I-275 access~5 to 10 min · for St. Pete and Tampa

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

St. Pete-Clearwater Airport~15 to 25 min · north

Gulf beaches (St. Pete Beach)~30 to 40 min · west

Drive 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 Shore AcresButterfly Lake with Momentum Realty’s local guides.

SAShore AcresBayou GrandeSt. Petersburg, FL · 0.3 mi SAShore AcresEdgewaterSt. Petersburg, FL · 0.3 mi SAShore AcresSt. Petersburg, FL · 0.3 mi PBPlacido BayouSt. Petersburg, FL · 0.4 mi PBPlacido Bayou,StSt. Petersburg, FL · 0.4 mi SAShore AcresSt. Petersburg, FL · 0.4 mi PPPatrician PointSt. Petersburg, FL · 0.5 mi NENorth East Park ShoresSt. Petersburg, FL · 0.5 mi SAShore AcresTwin LakesSt. 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

Shore Acres Butterfly Lake (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

Shore Acres Butterfly Lake 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 Shore Acres Butterfly Lake address.

The takeaway

What is actually shaping value in Shore Acres, sourced and dated. We do not publish rumor, and we do not soften the flooding.

Recent Developments in Shore Acres Butterfly Lake

Development Intelligence

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

Net OutlookBullishThe structural story is durable demand for a mature, central neighborhood minutes from downtown, set against serious, repeated flood exposure that the 2024 storms made unmistakable. Watch the city's mitigation and elevation programs and insurance costs against the central location, and confirm the elevation and insurance picture per home.

Mature, central location minutes from downtown

Ongoing

BullishNotable impact

SignificanceRadius: Community

A lushly landscaped, established neighborhood minutes from downtown St. Petersburg is a durable draw that supports demand for elevated, storm-ready homes.

Severe, repeated flooding

2024

BearishMajor impact

SignificanceRadius: Community

Shore Acres is one of St. Petersburg's most flood-prone neighborhoods, and the 2024 storms flooded most homes; elevation and insurance are decisive.

Large city stormwater mitigation project

2025

BullishNotable impact

SignificanceRadius: Community

A multimillion-dollar mitigation project with upsized pipes and a pump station is advancing, a meaningful long-run positive for the most flood-prone blocks.

Homeowner elevation-assistance funding

2025

BullishNotable impact

SignificanceRadius: Community

City-administered funding can help reconstruct or elevate storm-damaged homes, supporting a shift to a more storm-ready housing stock; confirm eligibility.

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 Shore Acres Butterfly Lake, 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
Storm
Hurricane Helene floods most of Shore Acres
The Tampa Bay Times reported in September 2024 that Hurricane Helene brought a record storm surge that flooded homes across Shore Acres, including many that had never flooded, the neighborhood's latest major flood event in a string of recent years. Why it matters: The flooding is the central fact here. Confirm a home's elevation, storm history, repairs and insurance quote, and do not assume a never-flooded status from the past. Source
December 2025
Infrastructure
St. Petersburg advances a 33 million dollar Shore Acres flood-mitigation project
WUSF reported in December 2025 that St. Petersburg approved additional funding for a roughly 33 million dollar Shore Acres flood-mitigation project, including upsized stormwater pipes and a new underground pump station, with construction expected to begin in 2026. Why it matters: Mitigation is a meaningful long-run positive for the most flood-prone blocks, but it does not change a specific parcel's current flood zone. Confirm the elevation and insurance for the home you are considering. 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 Shore Acres Butterfly Lake buying strategy.

If we were buying in Shore Acres Butterfly Lake, this is the order of operations we would run, and the one we run for our clients.

Read the elevation and flood history first. In Shore Acres the elevation and flood zone are the decision, given the repeated flooding.

Get a flood and wind insurance quote early, and confirm the home's 2024 storm history and the repairs done.

Do not assume a never-flooded status from the past, since 2024 flooded many homes that never had.

Ask about the city mitigation project and elevation grants, and whether the specific block benefits.

Weigh the sister section, Shore Acres Bayou Grande, if canal and bay boating frontage is what you want.

The Quick Decision

Best Buy

A newly elevated or higher-ground home in good condition on a desirable interior street, with a workable insurance quote, confirmed in writing.

Biggest Risk

Buying a low, original ground-level home on price alone without confirming the elevation, the flood history, or the insurance.

Best Lot

Higher elevation and a desirable, well-landscaped street defend value best; low original ground-level homes carry the most flood risk.

Smart Timing

Inventory is condition- and elevation-driven after 2024; the right home with a clean elevation and insurance read is worth waiting for.

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

Shore Acres Butterfly Lake is the original interior-lake core of the Shore Acres neighborhood in northeast St. Petersburg (ZIP 33703), Pinellas County, the first large tract of modern Shore Acres, built around the Butterfly Lake feature. It is a mature, lushly landscaped single-family section, golf-cart-friendly and minutes from downtown, distinct from the open-bay canal sections though in the same low Shore Acres footprint. There is no mandatory HOA and no CDD; the Shore Acres Civic Association is voluntary. The defining factor is flooding: Shore Acres is one of St. Petersburg's most flood-prone neighborhoods, and the 2024 storms flooded the vast majority of homes. The city has a large stormwater mitigation project and homeowner elevation-assistance funding underway. Confirm the elevation, flood zone, storm history, the insurance quote, and the school assignment by address with Pinellas County Schools, since details change.

Shore Acres Butterfly Lake Homes For Sale

What your money buys in Shore Acres Butterfly Lake.

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 Shore Acres Butterfly Lake today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.

Entry: original ground-level homes

The original ground-level homes, often a major-rehab or teardown-and-elevate opportunity given the flood history, the entry into the original Shore Acres core. Confirm current pricing and the flood read on the live listings below.

Lowest entry

Core: updated or higher-ground homes

The updated homes and those on higher ground on desirable streets, the core of the market here. Confirm current pricing on the live listings below.

Most inventory

High: newly elevated and rebuilt homes

The newly elevated and rebuilt homes on the best streets, the top of the market and the strongest flood read. 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: original ground-level homes

Core: updated or higher-ground homes

The updated homes and those on higher ground on desirable streets, the core of the market here. Confirm current pricing on the live listings below.

High: newly elevated and rebuilt homes

The newly elevated and rebuilt homes on the best streets, the top of the market and the strongest flood read. 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 Shore Acres Butterfly Lake, 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 Shore Acres Butterfly Lake 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 Shore Acres Butterfly Lake holds value.

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

Mature, central location minutes from downtownStrong

Lushly landscaped interior-lake characterStrong

City mitigation and elevation fundingManage it

Severe, repeated flood exposureWatch it

Flood and wind insurance costWatch 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 Shore Acres Butterfly Lake

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.

“

Shore Acres Butterfly Lake is a mature, central neighborhood on flood-prone ground. The deal turns on the elevation, the flood history, and the insurance math, 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.

6.4B- · Buy Score

Resale Strength6.6/10

Renovation Risk5.6/10

Location Efficiency8.4/10

Long-Term Defensibility6.8/10

Carrying Cost Advantage4.6/10

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 Shore Acres Butterfly Lake 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

Elevation and condition drive value most here
Higher ground and desirable streets defend best
Low original ground-level homes carry the most risk
Do not assume never-flooded from the past
Comp by elevation and condition, not an average

In a flood-prone interior section the elevation and the condition drive value above all. Newly elevated or higher-ground homes on desirable, well-landscaped streets defend price best, while low original ground-level homes carry the most flood risk, a distinction the 2024 storms made unmistakable, since many never-flooded homes flooded then. Read the elevation, the flood history and the condition first, get an insurance quote, then comp the home by its elevation rather than a neighborhood average.

The 15-Second Verdict

Shore Acres Butterfly Lake in 15 seconds.

Best forBuyers who want a mature, landscaped interior-lake street minutes from downtown and will read the flood picture honestly.

Strong onA lushly landscaped, established interior-lake core, a central location minutes from downtown St. Petersburg, and no mandatory HOA.

WatchThe flooding. This is one of St. Petersburg's most flood-prone areas and flooded badly in 2024, so the elevation and insurance read is decisive.

Sweet spotA newly elevated or higher-ground home in good condition on a desirable street, with a workable insurance quote.

Not forBuyers who want no flood exposure, the lowest carry, or a gated amenity community.

HOA, CDD & Fees

15-Second Take

No mandatory HOA and no CDD
Mature, landscaped interior-lake core
Flood and wind insurance is the key cost
One of St. Petersburg's most flood-prone areas
Confirm elevation and storm history per home

Shore Acres Butterfly Lake has no mandatory HOA and no CDD; the Shore Acres Civic Association is voluntary with nominal dues. The real cost layers are flood and wind insurance and any elevation or storm-hardening work, not community dues, and they are substantial given the flood history. Confirm there is no deed restriction tied to a specific home, and budget insurance carefully.

With no mandatory HOA there are no community amenities beyond public parks and the Shore Acres Recreation Center; the carry is taxes, insurance and your own upkeep. Budget flood and wind insurance carefully here, and any elevation or storm-hardening project.

Run Your Numbers

Tools for a Shore Acres Butterfly Lake 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 Shore Acres Butterfly Lake.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 Shore Acres Butterfly Lake

Price it to your elevation, condition and street, not a neighborhood average.

If you are selling in Shore Acres Butterfly Lake, the right list price comes from recent sales matched to your elevation, any rebuild, condition and street, in a market where the flood and insurance read drives value. Clear elevation, storm-history and insurance documentation 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 Shore Acres Butterfly Lake, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Shore Acres Bayou Grande, 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 Shore Acres Butterfly Lake home worth?

Get a no-obligation home value based on real comparable sales in Shore Acres Butterfly Lake 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 Shore Acres Butterfly Lake on the map →
Or get your Shore Acres Butterfly Lake home value & selling guide →

Real comps, not a Zestimate.

Shore Acres Butterfly Lake Market Scorecard

Strong seller's market

Shore Acres Butterfly Lake is currently a strong seller's market. About 1.8 months of supply, a median asking price of $1,019,500, and homes go under contract in about 79 days.

1.8

Months supply

$1,019,500

Median list

$847,500

Median sold

$313

Per sqft

Days on mkt

6/8/41

Active/Pend/Sold

Typical home value in the 32224 ZIP is $456,759, about 13.7% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, 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 Shore Acres Butterfly Lake located?

Shore Acres Butterfly Lake is a plat section of the Shore Acres neighborhood in northeast St. Petersburg, FL (ZIP 33703), Pinellas County, built around the interior Butterfly Lake feature, minutes from downtown.

What kind of homes are in Shore Acres Butterfly Lake?

Mostly mid-century single-family homes on a mature, landscaped interior-lake street, the original core of modern Shore Acres. Value is read home by home, by elevation, condition and street.

Does Shore Acres Butterfly Lake have an HOA or CDD?

No. There is no mandatory HOA and no CDD. The Shore Acres Civic Association is voluntary. Confirm there is no deed restriction tied to a specific home before you offer.

Is Shore Acres Butterfly Lake in a flood zone?

Yes, much of it is. Shore Acres is one of the most flood-prone neighborhoods in St. Petersburg, and the area flooded badly in 2024. Confirm the elevation, the flood zone, the storm history and current flood and wind insurance quotes for the specific home.

How bad was the 2024 flooding in Shore Acres?

The 2024 storms, especially Hurricane Helene, flooded the vast majority of Shore Acres homes, including many that had never flooded. Confirm a specific home's storm history, the repairs done, its elevation and the insurance quote before you anchor on a number.

Is the city addressing the flooding?

Yes. St. Petersburg has a large stormwater mitigation project for Shore Acres, including upsized pipes and a new pump station, and homeowner elevation-assistance funding. Confirm whether the specific block benefits and the project timeline.

Is there really a lake called Butterfly Lake?

Yes. The section is built around the interior Butterfly Lake feature, which gives it its name and its lushly landscaped, lake-centric character, distinct from the open-bay canal sections of Shore Acres.

What schools serve Shore Acres?

Shore Acres is in Pinellas County Schools, with area campuses that have included Shore Acres Elementary, Meadowlawn Middle and Northeast High. Assignment is by address and can change, so confirm the current zoning for a specific home with the district.

Can I use a home here as a short-term rental?

St. Petersburg restricts rentals shorter than thirty days in residential zoning, limiting short stays. Confirm the current rules before you plan on a short-term rental.

What does a home in Shore Acres Butterfly Lake cost?

We do not publish a price figure here. Pricing tracks the elevation, any rebuild, the condition and the street. See the live listings on this page; we pull exact comps before you offer.

How is Butterfly Lake different from the canal sections of Shore Acres?

Butterfly Lake is the original, interior-lake core of Shore Acres, more landscaped and lake-centric, while the canal sections like Bayou Grande emphasize open-bay boating frontage. Both sit in the same low flood footprint. We can compare specific homes in each.

Do I need my own agent to buy in Shore Acres Butterfly Lake?

Yes, and it matters more here. The listing agent works for the seller. Your own agent confirms the elevation, the flood zone and storm history, gets you an insurance quote, pulls true comps, and negotiates for you. Momentum Realty represents you, not the seller.

Who is the best real estate agent for Shore Acres Butterfly Lake?

The best agent for Shore Acres Butterfly Lake 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 Shore Acres Butterfly Lake.

How do I find a top St. Petersburg real estate agent who knows Shore Acres Butterfly Lake?

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 Shore Acres Butterfly Lake and the wider St. Petersburg area.

Can Momentum Realty connect me with an agent for Shore Acres Butterfly Lake?

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

The Verdict

Should you buy in Shore Acres Butterfly Lake?

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

You want a mature, landscaped interior-lake street minutes from downtownExcellent fit

You are ready to buy or build an elevated homeExcellent fit

You value no mandatory HOA and a central locationExcellent fit

You will confirm the elevation, flood zone and insurance honestlyExcellent fit

You will budget flood insurance and any storm-hardeningExcellent fit

You want a low-carry home outside any flood exposureProbably not

You will not budget flood insuranceProbably not

You are uncomfortable with a flood-prone neighborhoodProbably not

You want a gated, amenity-rich communityProbably not

You want a turnkey short-term-rental investmentProbably not

Get the inside read on Shore Acres Butterfly Lake

Whether you are buying a renovation project, comparing the lots and views, weighing the carrying costs, or selling your Shore Acres Butterfly Lake 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.

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A Momentum Realty Shore Acres Butterfly Lake specialist will reach out personally, usually the same day.

Thinking about hiring an agent here? How to find the best real estate agent in Shore Acres Butterfly Lake — 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.

Shore AcresButterfly Lake Homes for Sale in St. Petersburg, FL

The 60-Second Overview

Who Shore Acres Butterfly Lake is best for.

Best for

Probably not for

How Shore Acres Butterfly Lake is performing right now

Shore Acres Butterfly Lake 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 Shore Acres Butterfly Lake

Mature, central location minutes from downtown

Severe, repeated flooding

Large city stormwater mitigation project

Homeowner elevation-assistance funding

Hurricane Helene floods most of Shore Acres

St. Petersburg advances a 33 million dollar Shore Acres flood-mitigation project

The Shore Acres Butterfly Lake buying strategy.

The full read, only if you want it.

What your money buys in Shore Acres Butterfly Lake.

What ~$900K buys here.

Renovation & Resale Intelligence

The renovation premium.

The lot premium.

How well Shore Acres Butterfly Lake holds value.

5 Mistakes Buyers Make in Shore Acres Butterfly Lake

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 Shore Acres Butterfly Lake is different.

Which Lots & Views Hold Value Best

Shore Acres Butterfly Lake in 15 seconds.

HOA, CDD & Fees

Tools for a Shore Acres Butterfly Lake buy.

Price it to your elevation, condition and street, not a neighborhood average.

In Shore Acres Butterfly Lake, condition and view decide your number

What is your Shore Acres Butterfly Lake home worth?

Price History: What Homes Here Have Actually Sold For

Shore Acres Butterfly Lake Market Scorecard

Frequently Asked Questions

Should you buy in Shore Acres Butterfly Lake?

Get the inside read on Shore Acres Butterfly Lake

You are all set.

Need to sell fast in Pinellas County?

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

Shore Acres
Butterfly Lake Homes for Sale in St. Petersburg, FL