Neighborhood · St Petersburg, Florida
Waterway Estates
Waterfront living with boats at the back door
6
Homes for sale
$1,407,500
Median list price
$626
Avg price / sqft
59
Median days on market
Waterway Estates is a small, water-oriented pocket of St Petersburg where nearly every home connects to the canals and open water that define this stretch of Pinellas County. It's the kind of place where a pool and a dock feel standard rather than special, and where neighbors like those in nearby Shore Acres and Bayway Isles share the same boating-first way of life. If you want easy access to Tampa Bay and a quieter, established feel close to the city, this is that neighborhood.
The market here is thin and premium: just six active listings, all of them waterfront and most with pools. The median list price sits at $1,407,500, but there's real range — from $949,000 up to nearly $3 million — so buyers should expect to move decisively when the right home appears. Compared to the broader mix of St Petersburg homes for sale, Waterway Estates trades at a waterfront premium, and homes that price well tend to sell within a couple of months.
Waterway Estates is a community in St Petersburg, Florida.
Quick facts
$949,000 – $3.0M price range
2,636 sqft median home
$4,800/mo median rent
13 sold in 12 months
On the market now
Homes for sale in Waterway Estates
$970,000
1496 49TH AVENUE NE, ST PETERSBURG
3 bd · 2 ba · 1,666 sqft
$2,695,000
4692 DOVER STREET NE, ST PETERSBURG
4 bd · 4.5 ba · 3,795 sqft
$1,820,000
1449 45TH AVENUE NE, ST PETERSBURG
5 bd · 3 ba · 3,298 sqft
$949,000$975,000
1435 48TH AVENUE NE, ST PETERSBURG
4 bd · 3 ba · 1,973 sqft
$995,000$1,025,000
1472 47TH AVENUE NE, ST PETERSBURG
3 bd · 2 ba · 1,482 sqft
$2,996,374
1401 45TH AVENUE NE, ST PETERSBURG
4 bd · 4.5 ba · 3,953 sqft
Every active listing inside the Waterway Estates boundary
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Browse Waterway Estates
By feature — on the live map
Where the market lives
The numbers that matter
The Waterway Estates market
13
Sold, last 12 months
$925,000
Median sold price
94%
Sale-to-list ratio
What sellers actually get vs asking
41 days
Median time to sell
Waterway Estates vs St Petersburg
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▲ 62.3% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Waterway Estates boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Waterway Estates is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Waterway Estates home
≈ $8,338/mo
$1,407,500 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$4,800/mo
Median rent
Homes for rent inside the boundary
Population
1,144
Median age
43
Median income
$154,052
Median home value
$615,700
Beyond the listings
Living in Waterway Estates
Active
Top 2% in the U.S.Organized Sports
From tryouts and casual pick-up games, to varsity tournaments and intramural matches, this population includes people who participate in organized athletics. Often through schools or public recreational areas.
Beliefs
Top 4% in the U.S.Spiritual Practices
Making it to church on Sunday, this population is drawn together by their devotion to, primarily Christian, religion. Common activities include worship services and bible studies.
Entertainment
Top 13% in the U.S.Competitive Nature
These folks have their head in the game. Whether it's creating a card game tournament with friends or cheering on the home team, these people want to win.
Appearance oriented
Top 14% in the U.S.Trend Trackers
This population lives as fast as the culture. They like to keep up with the latest trends, especially when it comes to apparel and accessories.
Active
Top 15% in the U.S.Fitness Obsession
Passionate about strength training, this population relies heavily on the encouragement of the exercise community. While these people seek the latest fitness techniques, they're also interested in supplements and equipment.
Emotional
Top 18% in the U.S.Awestruck
Great things are meant to be shared, and this population is eager to show others what they find to be amazing, beautiful and exciting.
People who close here
Our St Petersburg experts
Straight answers
Waterway Estates FAQs
Is Waterway Estates a good place to live?+
It's a strong fit if waterfront living and boating are priorities, since all current listings sit on the water and most include pools. Assigned schools include Shore Acres Elementary, Meadowlawn Middle, and Northeast High, and the neighborhood sits near established communities like Greater Pinellas Point. The scale is intimate and residential rather than busy.
Is Waterway Estates expensive?+
Yes, relative to much of St Petersburg — this is a waterfront market with a median list price of $1,407,500 and average pricing around $626 per square foot. Listings currently range from $949,000 to nearly $3 million, so there is variety, but entry points reflect the water access. Buyers should budget for a premium tied to the canals and bay frontage.
What do homes cost in Waterway Estates?+
Active listings run from $949,000 to about $2,996,000, with a median list price of $1,407,500 and a median home size around 2,636 square feet. Over the past 12 months, 12 homes sold at a median price of $920,000. The gap between list and sold prices reflects the mix of homes and where each one is positioned on the water.
How is the market in Waterway Estates?+
It's a small, steady market — six homes are active now and 12 sold over the past year, with a median of 59 days on market. Sellers are averaging 94% of their asking price, so there's room to negotiate but not deep discounting. Well-priced waterfront homes here don't tend to linger long.
What about HOA fees and property taxes?+
There's no standard HOA fee reported for the neighborhood, which is common for these established waterfront streets. The median annual property tax runs about $8,546, in line with the higher home values here. For context, the median rent in the area is around $4,800 per month.
Keep exploring
More St Petersburg neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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