Saint Petersburg, FL

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Saint Petersburg short-term rental market based on reliable data.

Listings

1391 / 3081

Reliable / Active

Cap Rate

12%

Middle-Earners Gross Yield

Revenue

$42,675

Middle-Earners Revenue

Occupancy

69%

Middle-Earners Occupancy

Home Value

$345,243

Median Home Sale Price

Top Earners

$82,160

Top-Earners Revenue

Saint Petersburg

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Saint Petersburg.

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C

Challenging to Investors

Saint Petersburg Regulations

STRs are effectively prohibited within most of the City of St. Petersburg—only allowed in Downtown Center/Commercial General zones or condo hotels—and the default is a 30‑day minimum stay, making citywide operations rare. In unincorporated county areas bearing St. Petersburg addresses, STRs are allowed but require a costly Certificate of Use (~$450/yr plus inspection fees), DBPR licensing, safety inspections, posted notices, occupancy/parking/quiet‑hour limits, and ongoing reporting—creating meaningful operational constraints and compliance risk that reduce investor friendliness despite some available pathways.

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About Saint Petersburg

Saint Petersburg, FL, often referred to as "St. Pete," is a vibrant city located on the west coast of Florida. It boasts a population of approximately 265,000 residents and is situated about 25 miles southwest of Tampa, making it part of the Tampa Bay metropolitan area.

Known for its pleasant weather and extensive beaches, St. Pete offers a multitude of attractions that appeal to short-term renters. The city is home to prominent landmarks such as the Salvador Dalí Museum, showcasing an extensive collection of the famed surrealist artist's works (https://thedali.org/)..) Another significant site is the Sunken Gardens, a 100-year-old botanical garden that covers over four acres and features a variety of exotic plants (https://www.stpete.org/visitors/sunken_gardens.php)..)

Additionally, the city's downtown waterfront features the newly renovated St. Pete Pier, providing family-friendly activities, dining options, and beautiful views of Tampa Bay (https://stpetepier.org/)..) The area is also well-regarded for its vibrant arts scene, including the Morean Arts Center and the annual Firestone Grand Prix of St. Petersburg, a prominent event in the IndyCar Series.

These attractions, combined with St. Pete's sunny climate and proximity to Tampa, make it a compelling option for those seeking short-term rental accommodations.

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