Snell Isle

St. Petersburg, FL

Neighborhood Market Analysis

Q3 2025 Report
$1,150,000 (June 2025)
Median Home Price
Moderate (Walk Score: 40-50); highly walkable within the neighborhood but car-dependent for most errands.
Walkability Score
Public schools are rated above average; private schools are highly regarded and attract families seeking top-tier education.
School Rating

Location Overview

Neighborhood Boundaries

Snell Isle is a waterfront neighborhood northeast of downtown St. Petersburg, bordered by Coffee Pot Bayou to the west, Smacks Bayou to the east, and the Old Northeast neighborhood to the south.

Zip Codes

33704

Market Data Summary

Price RangeMost homes range from $900,000 to over $3 million, with luxury waterfront estates exceeding $4 million.
Price per Sq Ft$532 (June 2025)
Inventory LevelsInventory is elevated compared to previous years, with homes staying on the market longer and more options for buyers.

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesLuxury waterfront estatesTownhomes (limited)

Architectural Styles

Mediterranean RevivalContemporary CoastalRanchModern Transitional

Property Details

Typical Lot Sizes0.2 to 0.5 acres, with larger waterfront parcels exceeding 0.75 acres.
Home Age Range1920s to present, with many homes built between 1925 and 1970, plus significant new construction and renovations.
Construction QualityHigh; many homes are custom-built or extensively renovated, especially along the waterfront.

Community Profile

Demographics & Lifestyle

Demographics

Affluent, predominantly professional and retired residents; median household income well above city average.

Community Vibe

Upscale, tranquil, and neighborly with strong pride of ownership. Active neighborhood association.

Typical Residents

  • Established professionals
  • Retirees
  • Families with children
  • Second-home owners

Family Friendly

Very family-friendly, with quiet streets, parks, and proximity to top schools.

Amenities & Lifestyle

Parks & Recreation

  • Snell Isle Park
  • Coffee Pot Bayou waterfront trails
  • Vinoy Golf Club

Dining Options

  • Nearby downtown St. Pete restaurants
  • Café Gala at The Dali Museum
  • Local bistros in Old Northeast

Shopping Centers

  • 4th Street corridor
  • Downtown St. Pete retail
  • Sunshine Plaza

Local Businesses

  • Snell Isle Market
  • Local boutiques
  • Fitness studios

Education & Schools

Public schools are rated above average; private schools are highly regarded and attract families seeking top-tier education.
Overall School Rating

Elementary Schools

  • North Shore Elementary

Middle Schools

  • John Hopkins Middle School

High Schools

  • St. Petersburg High School

Private Schools

  • Shorecrest Preparatory School
  • Canterbury School of Florida

Transportation & Accessibility

Transit & Roads

Public Transit

  • PSTA bus routes on nearby 4th Street

Major Roads

  • Snell Isle Blvd NE
  • 4th Street N
  • 30th Ave NE

Commute & Walkability

Commute Times10 minutes to downtown St. Pete, 25-35 minutes to Tampa International Airport.
WalkabilityModerate within Snell Isle; car required for most shopping and dining.
ParkingAmple street and driveway parking; no permit requirements.

Marketing Intelligence

Target Buyer Types

  • Affluent families
  • Executives
  • Retirees
  • Second-home buyers

Key Selling Points

  • Waterfront access
  • Proximity to downtown St. Pete
  • Prestigious address
  • Top-rated schools

Pricing Considerations

Homes must be priced competitively due to increased inventory and longer days on market.

Common Objections & Response Strategies

Objection: Flood risk and insurance costs.

Response Strategy:

Highlight recent flood mitigation upgrades and provide quotes for current insurance premiums.

Objection: High property taxes and HOA fees.

Response Strategy:

Compare to similar luxury neighborhoods and emphasize value retention and amenities.

Objection: Longer days on market and price softness.

Response Strategy:

Showcase long-term appreciation and unique lifestyle advantages.

Investment Insights

Investment Potential

Appreciation Potential

Moderate; recent price softening but long-term demand for waterfront and luxury homes remains strong.

Rental Demand

High for luxury rentals and executive relocations; limited inventory keeps rents elevated.

Buyer Competition

Lower than previous years; buyers have more negotiating power in 2025.

Best For

  • Luxury buyers
  • Families seeking top schools
  • Retirees
  • Investors targeting high-end rentals

Potential Concerns

  • Flood insurance costs
  • Rising property taxes
  • Longer days on market for outdated homes

Professional Recommendations

1

Price accurately from the start; buyers are value-conscious in 2025.

2

Invest in high-quality photography and video to showcase lifestyle and water views.

3

Prepare detailed flood and insurance documentation for listings.

4

Network with relocation specialists and luxury buyer agents.

5

Stage homes to highlight outdoor living and modern finishes.

6

Educate sellers on realistic timelines and market conditions.

Competitive Analysis

Comparable Markets

  • Old Northeast
  • Venetian Isles
  • Downtown St. Pete waterfront

Market Positioning

Premium waterfront enclave with strong community identity and proximity to urban amenities.

Competitive Advantages

  • Prestige and exclusivity
  • Direct waterfront access
  • Larger lot sizes than downtown

Price Comparison

Snell Isle commands a premium over most St. Pete neighborhoods, but is priced below some ultra-luxury enclaves like Tierra Verde.

Investment Metrics

2.5% - 3.5% for luxury rentals
Cap Rates
3% - 4% gross annual yield
Rental Yields
High (reflecting luxury status and limited rental supply)
Price-to-Rent
Generally negative for leveraged buyers, but strong for cash investors seeking appreciation and lifestyle value.
Cash Flow
1-3% annual appreciation expected over the next 3 years, barring major economic shifts.
Appreciation

Buyer Journey Insights

First-Time Buyers

Rare due to high entry price; some young professionals with family support enter the market.

Move-Up Buyers

Common, especially from Old Northeast or other St. Pete neighborhoods seeking more space and prestige.

Downsizers

Attracted to renovated single-level homes or townhomes with low maintenance.

Investors

Focus on luxury rentals and value-add opportunities in older homes.

Relocators

Drawn by proximity to downtown, waterfront lifestyle, and top schools.

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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