Top 3 Homes for Sale in St Petersburg Under $500K
By Rob Johnson, Realtor with Avalon Group Realty in St Petersburg, FL
In a city where sunshine meets sophistication, St. Petersburg offers something for every homebuyer. From historic districts to beachside neighborhoods, there’s no shortage of charm or opportunity—especially when you're shopping smart. If you’re on the hunt for standout St Petersburg Homes For Sale under the $500K mark, you’re in luck.
Our team at Avalon Group Realty has curated a list of the Top 3 Homes for Sale in St Petersburg Under $500K that deliver exceptional value, character, and location. Whether you're a first-time buyer, upgrading, or relocating to this vibrant Florida city, these three homes are absolute must-sees.
“Our buyers are craving homes with personality, quality upgrades, and locations that connect them to the St. Pete lifestyle,” says Aaron Hunt, Broker and Team Lead at Avalon Group Realty. “Each of these listings checks all those boxes—and more.”
1. Historic Elegance Meets Modern Living at 3000 19th Ave S – $479,900
Restored Spanish Colonial on a Brick-Lined Street
3000 19th Ave S St Petersburg FL
Step back in time—but with all the comforts of today—in this beautifully restored Spanish Colonial estate located at 3000 19th Ave S. Originally built in 1925, this expansive home has been lovingly brought back to life in 2025 with modern systems, luxury finishes, and room to spare.
Featuring 5 bedrooms and 3 full bathrooms, including two primary suites (one on each floor), this residence spans over 2,000 square feet and sits proudly on a large corner lot.
“This home is perfect for a multigenerational household or anyone who wants a spacious layout with vintage charm,” says Pam Amante, Avalon Group Realtor. “The kitchen is a showstopper—the 12-foot island alone is worth the tour.”
Every major component is updated: full electrical and plumbing, hurricane-impact windows, new HVAC, and a newer roof. And the best part? No HOA and not located in a flood zone.
Highlights:
Dual primary suites
Fully permitted and city-inspected remodel
High-end kitchen and formal dining
Charming curb appeal on brick-paved street
Minutes to Gulfport, I-275, and local beaches
“This is one of those St Petersburg Homes For Sale that blends history with high-end design. It’s truly turnkey,” says Aaron Hunt.
2. Mediterranean Dreamscape at 2227 29th St S – $499,900
Spanish-Style Beauty with Rooftop Terrace
2227 29th St S St Petersburg FL
If you’re longing for Old World architecture with modern upgrades, look no further than 2227 29th St S. From the moment you arrive, the Mediterranean-style façade welcomes you with terracotta roof tiles, smooth stucco exterior, and lush landscaping.
Inside, you’re greeted by hand-laid Spanish tiles, exposed wood beams, and natural light that pours in from oversized windows. This open-concept layout is ideal for entertaining, working from home, or simply relaxing in elegant surroundings.
“The rooftop terrace is one of the coolest features I’ve seen,” says Nora Sturgill, Avalon Group Realtor. “The spiral staircase leading up to it is magical. Perfect for morning coffee or evening wine.”
The kitchen is every chef’s dream, with granite countertops, stainless steel appliances, and custom cabinetry. The primary suite is equally luxurious, with a spa-like en-suite bathroom and tranquil views.
Standout Features:
Gourmet kitchen with designer finishes
Private rooftop terrace with spiral staircase
Custom ironwork and Spanish tile throughout
Detached garage with extra storage
Located in a peaceful St. Pete neighborhood
“For buyers looking for character and craftsmanship, this home is unmatched,” says Aaron Hunt.
3. Coastal Craftsman with Water Views at 202 39th Ave S – $473,000
1925 Charm Near the Bayou
202 39th Ave S St Petersburg FL
The third listing on our list of Top 3 Homes for Sale in St Petersburg Under $500K offers something rare in today’s market—water views and historic charm in the peaceful Bayou Shores neighborhood.
Welcome to 202 39th Ave S, a 2-bedroom, 2.5-bath 1925 Craftsman-style home with stained glass details, oak floors, soaring ceilings, and a wood-burning fireplace. From the moment you walk in, it feels like home.
“I was instantly in love with the vibe of this property,” says Yvette Kim, Avalon Group Realtor. “It’s got great bones, a stunning lot, and the views are just incredible.”
In addition to its character, the home has functional upgrades like natural gas, an on-demand water heater, and indoor laundry. The backyard offers ample space for your boat, trailer, or RV—and includes a large workshop with plenty of storage.
Just two blocks from the Grandview Boat Ramp, Boyd Hill Nature Preserve, and minutes to downtown St. Pete, this home offers an idyllic Florida lifestyle.
Why You’ll Love It:
Original 1925 detailing and architecture
Water views and quiet neighborhood
Large fenced yard with workshop
Room for boat or RV parking
Close to parks, boat ramps, and beaches
“For anyone looking to live near the water without the million-dollar price tag—this is your moment,” says Pam Amante.
What Makes These Homes Exceptional
Each of these homes delivers a unique style and story—but they all have something in common: value, location, and timeless appeal. And right now, homes of this caliber under $500K in St. Pete are rare.
“If you want to stand out as a buyer, you need to move quickly in this market,” shares Aaron Hunt. “Having experienced St Petersburg Buyer Agents in your corner is essential.”
Quick Overview – Bullet Point Recap
✅ Turnkey historic homes with high-end finishes
✅ Spacious floorplans for families or multi-gen living
✅ Unique architectural styles (Spanish, Craftsman, Mediterranean)
✅ Close to top St. Pete attractions, beaches, and parks
✅ Workshop, boat/RV storage, and rooftop terrace options
✅ No HOA and no flood zone (3000 19th Ave S)
✅ All homes recently improved or fully renovated
Frequently Asked Questions
Q: Are these homes in flood zones?
A: 3000 19th Ave S and 2227 29th St S are not in a flood zone. 202 39th Ave S is water-adjacent, so insurance options can vary. Our agents can help you review details.
Q: What’s the best way to schedule a showing?
A: Contact Avalon Group Realty directly. We offer flexible appointments and virtual tours.
Q: How long do homes like these typically stay on the market?
A: With demand high and inventory low, most updated homes under $500K go under contract quickly—often within a few days.
Q: Are there financing options available for these homes?
A: Yes! We work with a network of trusted lenders who can help you explore everything from conventional loans to FHA and VA options.
Q: Can I add a guest house or ADU to any of these properties?
A: Several of these homes have lots with potential for additional structures, especially 3000 19th Ave S. Always verify with the city’s planning department before making plans.
St. Petersburg: A City Full of Life, Art, and Sunshine
Living in St. Pete means more than just buying a house—it’s about joining a community rich in culture, creativity, and coastal beauty. With award-winning beaches, mural-lined streets, local breweries, and farmer’s markets, it’s easy to see why so many call it home.
“St. Pete is where historic charm meets modern convenience,” shares Yvette Kim. “There’s always something to do—from the arts scene to paddleboarding in the bay.”
These Top 3 Homes for Sale in St Petersburg Under $500K represent a golden opportunity to plant roots in one of Florida’s most beloved cities.
Ready to Tour One of These Beautiful Homes?
Let Avalon Group Realty be your guide. With years of experience and deep local knowledge, our team of trusted St Petersburg Buyer Agents is ready to help you find your perfect match—whether it's Spanish elegance, Craftsman coziness, or rooftop luxury.
📞 Call today to schedule your showing: (727) 262-7920
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