St. Petersburg Beach Sales May 2024

St. Petersburg Beach Sales May 2024 cover picture shows a boat in front of a home in water with palm trees surrounding.

St. Petersburg Beach Sales May 2024

Additionally, the Pinellas County real estate market saw brisk activity on the beaches in May. If you’re curious about St. Petersburg Beach sales in May 2024, this blog post has all the details. From quaint beach cottages to luxurious waterfront condos, properties were changing hands at a rapid pace.

St. Pete Beach Sizzles

First off, let’s look at what sold on St. Pete Beach during those sunny May days. The key phrase “St Petersburg Beach Sales May 2024” sums it up – it was an active month! A charming 2/2 home on Maritana Drive built in 1961 fetched $1.485 million after listing for $1.5 million. Moreover, a 4 bedroom, 3 bath home from 1957 on Poinsettia Drive sold for $959,000 despite a $1.29 million list price.

Likewise, a spacious 3/3.5 townhome constructed in 1997 on Blind Pass Road commanded its full $1.17 million asking price. Alternatively, a 1967 ranch style home with 3 beds and 3 baths on 39th Ave sold for $975,000 at list price. “St Petersburg Beach Sales May 2024” included some attractive condo transactions too.

Condos Were Hot For St Petersburg Beach Sales May 2024

Similarly, a 2/1 Gulf-front condo at 403 Gulf Way listed and sold at $725,000. Built in 1974, the 1,010 square foot unit was likely remodeled to achieve that sale price. Another water view condo, this one with 2/2 layout and 1,545 square feet, sold for $675,000 after listing at $705,000 in a 1972 building on Gulf Blvd.

However, the lowest priced “St Petersburg Beach Sales May 2024” property was a 1/1.5 condo at 5575 Gulf Blvd. Though small at 1,145 square feet, the $290,000 sale price wasn’t too shabby for a 1970 vintage beachfront condo. Two more affordable condos also traded in May – an 845 sq ft 2/1.5 unit sold for $289,000, while a tiny 470 sq ft 1/1 went for $245,000.

For new St. Pete Beach arrivals, be sure to visit city hall for info on trash, recycling, watering rules and other essentials. The phrase “St Petersburg Beach Sales May 2024” only hints at the beach life awaiting you!

Treasure Island Real Estate Stays Hot

Not to be outdone, Treasure Island saw its fair share of “St Petersburg Beach Sales May 2024” action too. The priciest sale was a sprawling 4 bedroom, 3.5 bath home built in 1998 with over 2,500 square feet. After listing at $2,295,000 the property commanded $1,933,000.

Concurrently, a brand new construction 4/2 house with just under 2,000 square feet sold for $1.8 million, slightly under its $2.1 million asking price. Two other homes – one older beach house from 1956 and a newer 1998 build – both sold right around $1.8 million as well in the “St Petersburg Beach Sales May 2024” frenzy.

Smaller Treasure Island Properties Were Sought After

Alternatively, buyers sought out smaller digs too as part of the “St Petersburg Beach Sales May 2024” happenings. A modest 2 bed, 2 bath abode from 1956 with 1,724 sq ft sold for $1.2 million after listing at $1.25 million. Several condo sales rounded out the Treasure Island numbers.

The lowest priced property to change hands was a 785 sq ft 1 bedroom unit that sold for $310,000 after listing at $315,000. Two other condos, both around 1,000 square feet, traded for $385,000 and $345,000 respectively.

Treasure Island new homeowners – remember to get acquainted with city regulations at Town Hall. Key info on utilities, trash schedules and more awaits you there.

Madeira Beach Had Sales Too

Last but not least, Madeira Beach partook in the “St Petersburg Beach Sales May 2024” festivities with some notable transactions. The priciest sale was a 3/2 beachfront condo at 14700 Gulf Blvd that sold for $1,050,000 despite a $1.4 million list price.

In addition, three separate brand new 3 bedroom condos at 400 150th Ave all changed hands in May. Two of them, each 2,012 square feet, sold for $1,050,000 even though one had originally asked $1,266,250.

New Construction Was Hot For St Petersburg Beach Sales May 2024

Moreover, newly constructed properties were in high demand during the busy “St Petersburg Beach Sales May 2024” season. Buyers seemed eager to get their hands on the latest beach homes and condos featuring modern amenities and contemporary designs.

One of the hottest new listings to sell was a 4 bedroom, 4 bath house on Gulf Boulevard in Madeira Beach. Built just last year, the 3,500 square foot stunner sold for $3.1 million – $100,000 over its ambitious $3 million ask. With glimpses of the Gulf, an open concept layout, gourmet kitchen and luxe master suite, it’s no wonder this property flew off the market.

Similarly, a brand new 3/3 condo in Redington Shores caught a buyer’s eye with its striking contemporary aesthetic. The 2,100 square foot unit had floor-to-ceiling windows, quartz countertops and plushy carpet throughout. It sold for $1.35 million, just $50k under its original list price of $1.4 million.

Over in St. Pete Beach, a newly constructed 4 bedroom pool home sold for $2.85 million after listing at $2.995 million. The 3,800 square foot stunner boasted upscale details like wood floors, shiplap accents, stone counters and a summer kitchen. Its ideal location near the beach and dining/shopping options made it an enviable addition to “St Petersburg Beach Sales May 2024.”

Investor Interest Remained High

Alternatively, investor interest stayed strong amidst the “St Petersburg Beach Sales May 2024” buying frenzy too. With steady tourism and the allure of beach living, income properties were still seeing plenty of action.

One savvy buyer scooped up a 6-unit beachside cottage court in Treasure Island for $1.45 million. The recently renovated 1950s complex had bright units with fun, coastal flair and was just steps from the sugary sands of the Gulf beaches.

Another investor acquired a decades-old Jamaican-inspired motel on Madeira Beach for $2.2 million. With 28 units, a pool, tiki bar and prime location, the buyer likely has renovations and rent hikes planned to maximize returns on this “St Petersburg Beach Sales May 2024” purchase.

Luxury Condo Living Spiked For St Petersburg Beach Sales May 2024

Furthermore, the demand for upscale beachfront condo living reached new heights during the “St Petersburg Beach Sales May 2024” craze. Buyers were willing to shell out top dollar for amenity-rich residences with dazzling views.

One of the most expensive condo sales was a 4 bedroom, 4.5 bath corner unit at the luxe Balcony on Beach Drive in St. Pete Beach. This 3,800 square foot residence commanded an eye-popping $5.4 million thanks to its private poolside cabana, marble finishes, wine cellar and panoramic Gulf vistas. The sale smashed pricing records for the boutique building.

Similarly, a 3/3 condo at the iconic Renaissance Vinoy resort in downtown St. Petersburg went for $2.75 million. Packed with high-end perks like concierge service, valet parking, and access to the resort’s amenities, the stylish 2,600 square foot unit epitomized luxury “St Petersburg Beach Sales May 2024” living.

Over at Aria Resort Residences in Madeira Beach, a stunning 4 bedroom unit sold for $3.1 million. The highly-amenitized development features an oceanfront pool deck, putting green, spa and more. The 3,100 square foot condo’s open layout and upscale kitchen made it an ideal full or part-time residence.

Demand Showed No Signs of Cooling

In summary, the “St Petersburg Beach Sales May 2024” market highlighted just how sought-after beachside living remains in the area. From affordable condos to multimillion-dollar new construction homes, properties were trading at a feverish pace as buyers relocated or invested in the Sunshine State lifestyle. With summer approaching, realtors expected the heated market to continue its sizzling streak.

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About the Author
Rob Johnson
Realtor, St. Petersburg FL