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.
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 41% 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
41%