Historic Kenwood

St. Petersburg, FL

Neighborhood Market Analysis

Q3 2025 Report
$650,000 (June 2025)
Median Home Price
75–80 (Very walkable for St. Pete)
Walkability Score
Public schools are average; families may consider private or magnet options[4].
School Rating

Location Overview

Neighborhood Boundaries

Roughly bounded by 1st Ave N (south), 9th Ave N (north), 19th St N (east), and 34th St N (west)

Zip Codes

33713

Market Data Summary

Price Range$249,100 – $1,200,000
Price per Sq Ft$458 (June 2025)
Inventory Levels68 homes for sale as of July 2025; inventory building slightly but demand remains high[5].

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesBungalowsCottagesDuplexes

Architectural Styles

Craftsman BungalowArt DecoMediterranean RevivalContemporary infill

Property Details

Typical Lot Sizes0.1–0.2 acres (typical urban lots)
Home Age Range1920s–1940s (historic core), with some newer infill homes
Construction QualityGenerally high, with many homes restored or renovated to preserve historic details.

Community Profile

Demographics & Lifestyle

Demographics

Diverse mix of ages and backgrounds; strong LGBTQ+ presence; many artists and professionals.

Community Vibe

Eclectic, artsy, inclusive, and highly engaged; known for porch parties, art walks, and neighborhood pride.

Typical Residents

  • Artists
  • Young professionals
  • Retirees
  • LGBTQ+ community
  • Small families

Family Friendly

Moderate; more popular with singles, couples, and empty nesters, but some families present.

Amenities & Lifestyle

Parks & Recreation

  • Seminole Park (central to neighborhood)
  • Nearby Booker Creek Park

Dining Options

  • Casual cafes
  • Craft breweries
  • Local bistros
  • Food trucks

Shopping Centers

  • Grand Central District (adjacent)
  • Central Ave retail corridor

Local Businesses

  • Art studios
  • Boutique shops
  • Coffeehouses
  • Yoga studios

Education & Schools

Public schools are average; families may consider private or magnet options[4].
Overall School Rating

Elementary Schools

  • No elementary schools within neighborhood boundaries; zoned for nearby schools

Middle Schools

  • John Hopkins Middle School (nearby)

High Schools

  • St. Petersburg High School (nearby)

Private Schools

  • Several options within a short drive (e.g., St. Paul Catholic School, Canterbury School)

Transportation & Accessibility

Transit & Roads

Public Transit

  • PSTA bus routes along Central Ave and 1st Ave N

Major Roads

  • Central Ave
  • 1st Ave N
  • 9th Ave N
  • 34th St N

Commute & Walkability

Commute Times10–15 minutes to downtown St. Pete; 25–35 minutes to Tampa via I-275
WalkabilityHigh for St. Pete; most errands can be accomplished on foot or bike.
ParkingOn-street parking is common; some homes have driveways or alley access.

Marketing Intelligence

Target Buyer Types

  • Young professionals
  • Artists/creatives
  • LGBTQ+ buyers
  • Empty nesters
  • Investors

Key Selling Points

  • Historic architecture
  • Vibrant arts community
  • Walkable lifestyle
  • Proximity to downtown and beaches

Pricing Considerations

Price aggressively for move-in-ready and renovated homes; unique historic features can command a premium.

Common Objections & Response Strategies

Objection: Older homes may need repairs or updates.

Response Strategy:

Emphasize recent renovations, available inspection reports, and the value of historic character.

Objection: No elementary school within the neighborhood.

Response Strategy:

Highlight nearby schools, private options, and the neighborhood's community focus.

Objection: Higher price per square foot than some nearby areas.

Response Strategy:

Showcase appreciation trends, walkability, and unique lifestyle benefits.

Investment Insights

Investment Potential

Appreciation Potential

Strong; historic designation and ongoing revitalization support long-term value[1].

Rental Demand

High, especially for renovated bungalows and short-term rentals.

Buyer Competition

Intense for well-priced, move-in-ready homes; multiple offers common.

Best For

  • Owner-occupants seeking character
  • Investors (long-term and short-term rentals)
  • Buyers valuing walkability and arts culture

Potential Concerns

  • Limited inventory
  • Older homes may require maintenance
  • School quality for families

Professional Recommendations

1

Network with local artists and business owners to tap into the community vibe.

2

Stage homes to highlight historic features and outdoor living spaces.

3

Educate buyers on historic homeownership (tax incentives, maintenance).

4

Leverage social media and virtual tours to reach out-of-area buyers.

5

Monitor inventory closely and advise clients on timing for best results.

Competitive Analysis

Comparable Markets

  • Old Northeast
  • Crescent Lake
  • Grand Central District

Market Positioning

Premium historic neighborhood with urban lifestyle appeal.

Competitive Advantages

  • Distinctive historic architecture
  • Stronger arts and LGBTQ+ community
  • Higher walkability

Price Comparison

Priced higher than many St. Pete neighborhoods but below waterfront areas like Snell Isle.

Investment Metrics

4.5–5.5% for long-term rentals (2025 est.)
Cap Rates
5–6% gross annual yield for updated homes
Rental Yields
18–20 (reflects strong owner-occupant demand)
Price-to-Rent
Positive for well-renovated properties, especially with short-term rental strategies.
Cash Flow
5–7% annual appreciation projected over next 3 years, barring major economic shifts.
Appreciation

Buyer Journey Insights

First-Time Buyers

May face competition and higher prices; benefit from community support and walkability.

Move-Up Buyers

Attracted by larger historic homes and lifestyle upgrade.

Downsizers

Value low-maintenance bungalows and walkable amenities.

Investors

Strong demand for both long-term and short-term rentals; historic appeal supports premium rents.

Relocators

Drawn by arts scene, inclusivity, and proximity to downtown.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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