Stephenson's Sub No. 2 is a small recorded subdivision in the Greater Pinellas Point area of south St. Petersburg, in ZIP 33712 near 69th Avenue South, a few minutes from Bay Vista Park and the Sunshine Skyway approach (Pinellas County Property Appraiser records; Homes.com Greater Pinellas Point guide, 2026).
Greater Pinellas Point occupies the southern tip of the St. Petersburg peninsula and was opened up for development in the 1920s, the era of the curving Pink Streets nearby, with the Bee Line Ferry and later the Sunshine Skyway carrying traffic south across Tampa Bay (Pinellas Point neighborhood histories, 2025). The result today is an established single-family area of mostly mid-century and later homes on generous lots.
Because the area sits low and close to the water, the 2024 hurricanes Helene and Milton made flood zone, elevation, and insurability the defining variables for south St. Petersburg buyers, with FEMA's Risk Rating 2.0 pushing flood premiums higher in high-risk zones (Tampa Bay Times and local market reports, 2025).
The pitch is an established, walk-to-the-water-park location minutes from downtown St. Petersburg and the beaches over the Skyway. The work is sorting the elevation and flood exposure parcel by parcel and reading an older home's roof, systems, and insurance math honestly before you price the location.