St. Petersburg, Florida, is experiencing a boom with new luxury real estate projects reshaping its skyline and neighborhoods. From luxury high-rise condominiums like The Residences at 400 Central and Saltaire to the large-scale Tropicana Field redevelopment, the city is attracting significant investment. These new condos for sale in St Petersburg are designed to meet the growing demand for upscale living, offering modern amenities and prime locations in downtown St. Pete and beyond. With thousands of new residential units planned or under construction, St. Pete is quickly becoming one of Florida’s most vibrant and desirable places to live.
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Key Developments
With upscale amenities, prime downtown locations, and a lifestyle rich in cultural and recreational opportunities, new developments are especially appealing to discerning homebuyers looking for the perfect blend of modern elegance and urban convenience in a vibrant, yet serene, coastal environment.
The Residences at 400 Central
The Residences at 400 Central is set to become the tallest residential tower on Florida’s west coast, with completion anticipated in 2025. Located at 400 Central Avenue in downtown St. Petersburg, this 46-story luxury condominium tower will offer 301 units, ranging from one to four bedrooms, designed to meet the needs of high-end buyers seeking both comfort and sophistication.
Unit Pricing and Layouts: The units at The Residences at 400 Central are priced starting at approximately $1M for one-bedroom residences, and larger units—such as the expansive four-bedroom floorplans—are priced well into the multi-million-dollar range. The development is aimed at luxury buyers who value prime locations and upscale living.
Amenities for Residents: Buyers will be drawn to the exclusive amenities, which set this property apart from others in the area. One of the tower’s most impressive features is the Sky Lounge Observatory on the top floor. Here residents and guests will have panoramic views of St. Petersburg, as well as Tampa Bay, and the Gulf of Mexico. Enjoy sweeping 360-degree vistas that encompass the natural beauty of the coastline.
Additional amenities include a state-of-the-art fitness center, a resort-style pool, and a spa, providing an atmosphere of relaxation and convenience. For those who enjoy socializing or working from home, the building includes multiple lounges, entertainment spaces, and conference rooms. Ground-floor retail space will host a variety of dining and shopping options, enhancing the convenience of living in this downtown location.
Premium Features and Services: Each condominium at 400 Central will be fitted with high-end finishes, including custom-designed kitchens, and stainless-steel appliances. Floor-to-ceiling windows will allow for plenty of natural light and uninterrupted views. Smart home technology, spacious balconies, and open-concept living spaces further elevate the luxurious experience.
Location and Lifestyle: Situated in the heart of downtown St. Petersburg, The Residences at 400 Central offers immediate access to a thriving urban lifestyle. Residents will find themselves within walking distance of cultural hotspots, such as St. Pete Pier, as well as vibrant dining and shopping districts. The tower is also well-connected to transportation options, making it a prime choice for professionals and retirees alike.
For homebuyers seeking high-rise luxury with breathtaking views and a location that puts them at the center of it all, The Residences at 400 Central represents an exceptional opportunity to invest in one of St. Petersburg, FL’s most prestigious real estate developments.
Art House
Art House, located at 235 1st Avenue South in downtown St. Petersburg, is a 42-story luxury condominium tower currently under construction, with an expected completion date in 2025. Developed by Kolter Urban, the same company behind the nearby ONE St. Petersburg project, Art House promises to elevate urban living with its blend of high-end finishes, extensive amenities, and a prime downtown location.
Unit Pricing and Layouts: Art House offers a variety of floorplans to suit different buyers, including two and three-bedroom units. Prices start around $1 million for smaller units, while larger residences, which offer expansive living spaces and premium features, can exceed several million dollars. Each unit is designed with an open-concept layout to maximize space and natural light, featuring large windows that provide stunning views of Tampa Bay, the downtown skyline, and beyond.
Amenities for Residents: The amenities at Art House cater to those looking for a lifestyle of luxury and convenience. The tower includes a resort-style pool with a sun deck, offering a private retreat from the city. There’s also a fully equipped fitness center, complete with yoga and Pilates studios, allowing residents to maintain an active lifestyle without ever leaving the building.
For entertainment and relaxation, Art House features a rooftop lounge with sweeping views of the city, perfect for social gatherings or unwinding at the end of the day. Residents will also have access to a business center, conference rooms, and private dining rooms, making it easy to work from home or host events. A pet-friendly environment, Art House even includes a dog park for residents with pets.
Luxury Features: Inside each unit, no detail has been overlooked. Kitchens are outfitted with high-end appliances, quartz countertops, and custom cabinetry. Spacious master suites feature walk-in closets and luxurious bathrooms with soaking tubs and frameless glass showers. Floor-to-ceiling windows and large balconies further enhance the living experience by bringing the outdoors in and offering breathtaking views.
Location and Lifestyle: Art House’s central downtown location places residents just steps from St. Petersburg’s cultural and entertainment offerings. The nearby waterfront parks, art galleries, museums, and a variety of upscale dining and shopping venues are all within easy walking distance. Whether you want to enjoy a night at The Dali Museum or a stroll along the St. Pete Pier, Art House offers easy access to everything downtown has to offer.
For homebuyers seeking a sophisticated urban lifestyle with modern luxury and convenience, Art House presents an exceptional opportunity in one of St. Petersburg’s most vibrant neighborhoods.
The Waldorf Astoria
One of the most intriguing developments will be The Waldorf Astoria Residences in St. Petersburg. This highly anticipated 49-story tower will house 205 exclusive residences and offer unparalleled elegance with the world-renowned Waldorf Astoria brand backing the project. Upon completion, the tower will stand as one of the tallest in downtown St. Pete, delivering breathtaking panoramic views of the bay, marina, and the city skyline.
Unit Pricing and Layouts: Residences at the Waldorf Astoria St. Petersburg are expected to range from $2 million to over $10 million, catering to high-end buyers seeking luxury and exclusivity. These expansive units will include a variety of layouts, offering from two to four bedrooms. Additionally, penthouse options will elevate the offerings with larger spaces and the most luxurious amenities.
World-Class Amenities: The Waldorf Astoria Residences will provide residents with access to a suite of five-star services and amenities. These include an exclusive rooftop deck with a swimming pool and cabanas, a private fitness center equipped with state-of-the-art technology, and a world-class spa for ultimate relaxation. A private club room and dining areas will cater to residents’ social needs. Additionally, valet parking, concierge services, and room service from the hotel will be available, offering a true luxury hotel experience in the comfort of home.
Prime Location and Lifestyle: Situated in the heart of downtown St. Petersburg, residents of the Waldorf Astoria will enjoy immediate access to the best of urban living. With renowned restaurants, art galleries, parks, and the waterfront just steps away, the location is ideal for those seeking both convenience and luxury. The Residences are also in proximity to cultural landmarks The Mahaffey Theater, providing a vibrant lifestyle for art patrons and urban dwellers alike.
Luxury Living with the Waldorf Astoria Touch: As a hallmark of the Waldorf Astoria brand, buyers can expect meticulous attention to detail in both design and service. High-end finishes will include custom kitchens with top-of-the-line appliances, spa-like bathrooms with modern fixtures, and expansive floor-to-ceiling windows that frame stunning views. In addition, personalized concierge services will provide residents with access to bespoke experiences, from restaurant reservations to event planning.
For homebuyers seeking unparalleled luxury in a prime location, The Waldorf Astoria Residences in St. Petersburg offers an exceptional opportunity to experience the pinnacle of urban living.
Saltaire
Saltaire, a luxury condominium tower located at 301 1st Street South in downtown St. Petersburg, is one of the city’s most prestigious developments and will be a prime piece of St. Petersburg real estate. Expected to be completed in late 2024, this 35-story tower will feature 192 luxury residential units, alongside 10,000 square feet of retail space on the ground floor. Developed by Kolter Urban, Saltaire is designed to cater to high-end buyers seeking luxury living with panoramic views of the city and Tampa Bay.
Unit Pricing and Layouts: Saltaire’s residences are nearly sold out, with prices reflecting the premium location and luxury amenities. Initial prices for units started around $1 million, and larger, higher-floor units command significantly higher prices, well into the multi-million-dollar range. Buyers have the option of two- and three-bedroom layouts, some of which feature additional den spaces. Each residence is designed with an open floor plan, expansive windows, and private terraces, offering sweeping views of the waterfront, downtown skyline, and beyond.
Luxury Amenities: Residents at Saltaire will enjoy an array of high-end amenities that redefine urban living. The building has a resort-style pool and spa, complete with a spacious sun deck that offers relaxation with stunning views. A state-of-the-art fitness center, yoga studio, and outdoor terrace provide ample opportunities for residents to stay active and enjoy the Florida weather year-round.
For social gatherings and entertainment, Saltaire includes a private clubroom, entertainment spaces, and a residents-only bar and lounge area. These amenities are designed to foster a sense of community among residents while providing luxurious spaces for relaxation. Additionally, the development includes a pet-friendly environment with a designated dog park.
High-End Features: The residences themselves are outfitted with premium finishes and smart home technology. Kitchens feature custom cabinetry and top-of-the-line appliances. Bathrooms are spa-inspired, with walk-in showers, soaking tubs, and double vanities. Floor-to-ceiling windows and large private terraces allow residents to enjoy the best of indoor-outdoor living, with breathtaking views of the city and bay.
Location and Lifestyle: Saltaire’s location in the heart of downtown St. Petersburg provides residents with easy access to a vibrant urban lifestyle. Residents are just steps away from cultural landmarks as well as world-class dining, shopping, and entertainment options along Beach Drive. The nearby waterfront parks, marina, and St. Pete Pier offer ample opportunities for recreation and leisure, making Saltaire an ideal location for those seeking both luxury and convenience.
For homebuyers looking for a high-rise luxury lifestyle in the heart of downtown St. Petersburg, Saltaire presents another great option to experience the best of Florida’s Gulf Coast living.
Tropicana Field
Developments are not just limited to individual residential projects. The redevelopment of Tropicana Field in St. Petersburg will be one of the most transformative real estate projects in the Tampa Bay region. Anchored by a new stadium for the Tampa Bay Rays, this $6.5 billion mixed-use development aims to completely revitalize the Historic Gas Plant District, a historically significant neighborhood in the heart of St. Petersburg. Once completed, this project will transform not only the buildings in the area but the cultural landscape of the city.
New Tampa Bay Rays Stadium: At the center of the redevelopment is a state-of-the-art, 30,000-seat stadium designed to host the Tampa Bay Rays. This $1.3 billion stadium will feature a fixed roof and a design that integrates with the surrounding community, offering a more pedestrian-friendly experience. The stadium will be a year-round venue, hosting not only baseball games but also concerts, community events, and other activities. Its design includes a three-tiered seating layout and a dynamic main entry plaza that enhances the fan experience.
Residential and Commercial Space: Beyond the stadium, the Tropicana Field redevelopment will introduce a vast amount of residential and commercial space. The project includes plans for 5,400 residential units, with 1,200 of those designated as affordable and workforce housing, a key feature aimed at fostering a more inclusive community. Additionally, 750 hotel rooms will be developed to cater to tourists and visitors.
The redevelopment also includes 1.4 million square feet of office and medical space, making it a hub for both businesses and healthcare institutions. Retail space, totaling 750,000 square feet, will host a range of shops, restaurants, and entertainment venues. One of the highlights is the inclusion of 100,000 square feet of entertainment space, including a concert venue that will accommodate up to 4,000 people.
Cultural and Green Spaces: The plan integrates ample green and civic spaces into the development, providing 14 acres of open green space for the community to enjoy. There will also be 50,000 square feet of civic space, including a new home for the Carter G. Woodson African American Museum, underscoring the project’s commitment to honoring the historic significance of the neighborhood.
Timeline and Impact: With a projected 20-year timeline for completion, the redevelopment of Tropicana Field is the largest project of its kind in the Tampa Bay area’s history. The construction of the stadium is expected to begin in late 2024 or early 2025, with completion targeted for 2028. This long-term project is expected to drive significant economic growth, providing both residential and commercial opportunities while preserving the cultural heritage of the Historic Gas Plant District.
For potential homebuyers and businesses, the Tropicana Field redevelopment represents an unprecedented opportunity to be part of St. Petersburg’s future. With its mix of luxury, residential, commercial, and cultural spaces, this project is set to redefine urban living and real estate in St. Petersburg.
Find Your Luxury Home in St Pete with Jennifer Thayer
For over 15 years, Jennifer Thayer has been a leading real estate agent in the Greater Tampa Bay Area, consistently ranking in the top 1% of agents in Pinellas County. Jennifer is renowned for her exceptional negotiation skills, luxury property expertise, and concierge-level client service. Voted “Best Realtor” in the 2020 “Best of the Bay” competition, Jennifer is acknowledged as among the top agents in Florida. Jennifer is also a well-known figure in the community sharing local insights and trends as well as a top realtor in St. Petersburg.
Reach out to Jennifer at 727.729.2699 or send an email here and discover your options in the luxury real estate market of St. Petersburg with one of the finest real estate agents in the area.
