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The Best Luxury Florida Real Estate Deals Under Market Value

Real Estate Becky McConnell November 25, 2025

 

Curated by Becky McConnell | Your Local Realtor for Waterfront and Luxury Properties

Hello from sunny St. Petersburg!

As the breeze turns cooler and the year winds down, our local real estate market continues to heat up. St. Pete continues to be one of Florida's most sought-after locations to live, invest, and experience the coastal lifestyle, offering everything from stunning waterfront mansions to charming Mediterranean classics and modern downtown townhomes.

Here’s what’s making waves this month.

 

Featured Properties: St. Petersburg’s Best Homes on the Market

Luxury Waterfront Home on Brightwaters Blvd – Snell Isle

1365 Brightwaters Blvd NE | $5,950,000 | 5 Beds • 5 Baths • 6,060 Sq Ft

Enjoy panoramic water views and direct sailboat access from this modern masterpiece on one of Snell Isle’s most prestigious streets. It features a resort-style pool, a 10,000-pound boat lift, and multi-level open areas for seamless indoor-outdoor living. Every day feels like a private retreat thanks to its elegant architecture and exquisite construction.

Why It’s Hot:
Homes on Brightwaters rarely come to market. For those looking for privacy and easy access to downtown St. Petersburg, this property offers the ideal balance of luxury, location, and lifestyle.  With deep-water access, high-end design, and impeccable craftsmanship, it’s a premier waterfront investment.

 

Modern Coastal Retreat on Eden Isle

935 Eden Isle Dr NE | $2,995,000 | 5 Beds • 4 Baths • 3,288 Sq Ft

This elegant waterfront residence in Eden Isle combines modern luxury with laid-back coastal charm.It offers the perfect Florida lifestyle with two primary suites, a resort-style pool and spa, and a new dock with dual lifts. Beautiful views of the water can be enjoyed from almost every room thanks to the open layout and huge windows. 

Why It’s Hot:
Located minutes from downtown, this home offers peace, protection, and proximity. It remains safe and sound thanks to its renovated seawall, impact-rated windows, and lack of stormwater intrusion records. Ideal for purchasers looking for a waterfront ready to move house with long-term value.

Brand-New Construction Home with ADU in North St. Petersburg

135 48th Ave N | $1,325,000 | 5 Beds • 4 Baths • 3,235 Sq Ft

This newly completed modern craftsman home includes 4 bedrooms and 3 baths in the main house plus a detached 3-car garage with a full guest suite or income-producing ADU above. This house redefines comfort and convenience with its luxurious flooring, upscale cabinets, chef's kitchen, and resort-style pool.

Why It’s Hot:
New construction in North St. Pete is rare, especially with a detached ADU and pool. This home’s location near Whole Foods, Trader Joe’s, and downtown St. Pete offers both accessibility and high resale potential. The one-year builder warranty adds peace of mind for buyers looking for a move-in-ready modern home.

 

Downtown St. Pete Townhome at Fareham Place

301 2nd St N #5 | $895,000 | 3 Beds • 3 Baths • 1,688 Sq Ft

In this elegant three-bedroom townhouse, you can walk to everything downtown and live just a short distance from the water. With dramatic double-height ceilings, floor-to-ceiling windows, and a private garage, this residence combines privacy and city living. The gated Fareham Place community offers a heated pool, spa, and low-maintenance lifestyle.

Why It’s Hot:
This home offers true walkability, a rare find in downtown St. Pete. The elevated location is outside flood zones, while recent upgrades including a new roof and HVAC ensure long-term value. Ideal for investors looking for a low-maintenance urban retreat, professionals, or downsizers.

 

Spanish Mediterranean Gem in Snell Isle

243 Snell Isle Blvd NE | $850,000 | 3 Beds • 2 Baths • 1,453 Sq Ft

This charming Spanish Mediterranean home captures the essence of old St. Petersburg with modern updates throughout. Featuring hardwood floors, plantation shutters, and a brand-new kitchen with quartz countertops, it blends character and comfort seamlessly. Enjoy the peaceful backyard oasis with a screened lanai and stunning greenery.

Why It’s Hot:
This house offers heritage, walkability, and value and is only a short distance from the Vinoy Golf Club and downtown. A new Spanish tile roof, updated systems, and thoughtful renovations make it move-in ready while preserving its historic appeal, a true gem for lovers of timeless architecture.

 

St. Petersburg Real Estate Market at a Glance

Average Home Price: $640,000 (up 4% month-to-month)
Average Days on Market: 18
Market Insight: Move-in-ready and waterfront homes continue to attract multiple offers.

Buyer Tip: Start your search early! Homes in prime locations move fast, and getting pre-approved before touring gives you a strong advantage when the right home hits the market.

Homeowner Tip of the Month

Cooler weather is the perfect time to:

  • Refresh your landscaping with seasonal color

  • Schedule an HVAC maintenance check

  • Deep-clean patios and decks before the holidays

Simple updates can increase your home’s appeal and market value before listing.

 

Ready to Buy or Sell in St. Petersburg?

Book a consultation with Becky and get expert guidance for your next move. From finding the right waterfront home to preparing your property for the market, she’ll help you navigate every step with confidence.

 

Becky McConnell
(727) 410-1898
[email protected]
stpeteliving.org
1100 4th St N, St. Petersburg, FL 33701 

 

Strategic Real Estate Moves

In real estate, every decision matters. With Becky’s strategic approach, you’ll have the insights and expertise needed to make informed moves that maximize your investment and achieve your goals in St. Pete’s dynamic market.