Bahama Shores

It's an established, low-density waterfront pocket on St. Pete's southern peninsula, with larger homes and a quiet residential feel. Families are zoned for Lakewood Elementary, Bay Point Middle, and Lakewood High School, and both downtown Tampa and the airport are about 36 minutes away. It suits buyers who want space and bay proximity over walkable nightlife.

Yes, relative to much of St. Petersburg — the median list price is $1,260,000 and three of the five active listings are priced at $1M or more. That said, the sold data tells a different story: the median sold price over the last 12 months was $640,000, so the active inventory skews toward the top end. Nearby Shore Acres can offer comparable water access at a range of price points.

Active listings run from $615,000 up to $4,533,900, with a median of $1,260,000 and an average of $566 per square foot across roughly 3,836-square-foot homes. The gap between that asking range and the $640,000 median sold price reflects a few ambitious waterfront listings pulling the top end up. Have your agent separate recent sales from aspirational list prices before you anchor your budget.

It's a small, slow-moving market — just 9 homes sold in the past 12 months and 5 active today, with a median 69 days on market. Sellers are averaging about 97% of asking, so well-priced homes still transact close to list. Low inventory means the right property doesn't come up often, so be ready to move when it does.

HOA costs are minimal here, with a median of about $6 per month, so you're not buying into a heavily managed community. Median property tax runs around $5,556 per year, though your actual bill depends on purchase price and homestead status. For a water-oriented neighborhood, the carrying costs beyond the mortgage are relatively straightforward.