Why Live in Palmetto Park
Palmetto Park in Saint Petersburg is a vibrant neighborhood known for its strong community spirit and cultural significance. The area features a mix of remodeled single-family homes with diverse architectural styles, reflecting its ongoing revitalization. The neighborhood is home to one of the city's oldest and most active neighborhood associations, which organizes monthly meetings, community cleanups, and holiday events. A central community garden, maintained by volunteers, underscores the neighborhood's sense of togetherness. Palmetto Park is adjacent to the Grand Central District, a hub for the city's art scene, and includes the Warehouse Arts District with the ArtsXchange, offering affordable art studios and galleries. The neighborhood also hosts Fairgrounds St. Pete, known for its innovative art exhibits and workshops. Attractions such as Tropicana Park, Imagine Museum, and downtown St. Petersburg are easily accessible, along with local bars and restaurants in the Grand Central District. Palmetto Park itself offers a playground, shaded benches, and access to the 38-mile Pinellas Bike Trail. The YMCA on 1st Avenue provides an indoor pool and sports courts. Central Avenue features local shops like Lion's Paw Antiques & Collectables and dining options such as Urban Brew and BBQ. Essential services are available at nearby Walmart Supercenter and Walgreens. The neighborhood is bikeable and walkable, with the Grand Central Bus Terminal providing public transportation. Interstate 275, which borders the neighborhood, facilitates car travel but may contribute to ambient traffic noise, especially near the industrial zone at the south end.
Frequently Asked Questions
Is Palmetto Park a good place to live?
Palmetto Park is a good place to live. Palmetto Park is considered fairly walkable and very bikeable with some transit options. Palmetto Park is a suburban neighborhood. Palmetto Park has 6 parks for recreational activities. It is fairly sparse in population with 3.7 people per acre and a median age of 37. The average household income is $61,073 which is below the national average. College graduates make up 15.7% of residents. A majority of residents in Palmetto Park are renters, with 61.1% of residents renting and 38.9% of residents owning their home. A
local real estate agent serving Palmetto Park can help you decide if this neighborhood is the right one for you. Learn more on our
Palmetto Park neighborhood guide.
Is Palmetto Park, FL a safe neighborhood?
Palmetto Park, FL is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Palmetto Park?
The median home price in Palmetto Park is $519,500. If you put a 20% down payment of $103,900 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $2,630 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $113K a year to afford the median home price in Palmetto Park. The average household income in Palmetto Park is $61K.
What are the best public schools in Palmetto Park?
The best public schools that serve Palmetto Park are:
What are the best private schools in Palmetto Park?
The best private schools that serve Palmetto Park are:
What are the most popular zip codes in Palmetto Park, Saint Petersburg, FL?
What are the most popular neighborhoods near Palmetto Park, Saint Petersburg, FL?
Home Trends in Palmetto Park, FL
On average, homes in Palmetto Park, Saint Petersburg sell after 65 days on the market compared to the national average of 52 days. The median sale price for homes in Palmetto Park, Saint Petersburg over the last 12 months is $607,500, up 43% from the median home sale price over the previous 12 months.
Median Sale Price
$607,500
Median Single Family Sale Price
$474,000
Median Townhouse Sale Price
$721,000
Average Price Per Sq Ft
$386
Number of Homes for Sale
12
Last 12 months Home Sales
38
Median List Price
$519,500
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
43%