What is the rental yield in Riviera Bay?

The gross yield in Riviera Bay is 6.7%. That sits alongside prices about 11% below the city median, a Red Flag score of 62, and price growth of 4.9% over the past year.

How does Riviera Bay compare to Saint Petersburg, Florida?

Riviera Bay is priced about 11% below the city median and 17% above the state median. It has a gross yield of 6.7%, walkability of 76, and a Red Flag score of 62.

What is the price trend in Riviera Bay over the past year?

Prices in Riviera Bay have moved up 4.9% over the past year. The neighborhood also has a gross yield of 6.7%, walkability of 76, and a Red Flag score of 62.

How walkable is Riviera Bay in Saint Petersburg, Florida?

Riviera Bay has walkability of 76, which is a strong access score. It also has a gross yield of 6.7%, prices about 11% below the city median, and a Red Flag score of 62.

Neighborhood

Riviera Bay

Saint Petersburg, Florida US

Riviera Bay in Saint Petersburg, Florida has an investment profile defined by a price level about 11% below the city median, a gross yield of 6.7%, and a Red Flag score of 62. Prices have moved up 4.9% over the past year, while walkability of 76 supports strong local access. Education is in the 50th percentile, indicating a midrange school-district test-score position.

AI Summary•Updated May 2026

Area

0.74 mi²

ZIP Code

33702

County

Pinellas County

State

Florida

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesWashU ACAG — satellite PM2.5EPA FRS / BTS — hazard screeningUS Census ACS / TIGER 2024

Verified Price · Median Sale

$339,899

YoY+4.9%

Gross Rental Yield

6.7%

Listed rent · ZORI annualized

Red Flag Index

High

62 / 100

Walkability Score

Very Walkable

OpenStreetMap POI density · national percentile

Education Score

50 / 100

Fair · better than 50% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Good

DistrictScore attractiveness · national model

Riviera Bay Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Riviera Bay, Saint Petersburg.

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Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$339,899	+4.9%
Price / Sq Ft (Verified)	$272/sqft	+7.5%
Asking Rent (Median)	$1,910/mo	+3.3%
Gross Rental Yield	6.7%	—
Liquidity Score	38 / 100	Moderate
Homes Sold (Period)	141	+11.0%

Is Riviera Bay Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited Florida crime context.

Red Flag Breakdown

62 / 100

High Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Flood100Very High

Hurricane100Very High

Tornado80Very High

Hail60High

Wildfire40Moderate

Heat40Moderate

Earthquake20Low

Strong Wind20Low

8/8 hazards scored · FEMA NRI v1.20

Crime (state-level): Florida averaged 16.9 crimes and 2.7 violent per 1,000 residents (-4.5% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

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Tract-level hazard heatmap & parcel detail with Pro

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What Stands Out AI Insight

Above-average gross rental yield at 6.7%

Appreciating market — +4.9% sale-price YoY

Highly walkable neighborhood — score 76/100

Active transaction volume — 141 homes sold last period

Flood risk is Very High (100/100)

Hurricane risk is Very High (100/100)

Insights are generated from Riviera Bay's live DistrictScore metrics.

Riviera Bay Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (Florida-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Air Quality — PM2.5

2015–2024

6.2 µg/m³ Meets EPA, above WHO guideline+38.6% since 2015

EPA 9WHO 5

20152024

Annual mean fine-particle (PM2.5) concentration at the Riviera Bay centroid, satellite-derived (ACAG). References: WHO guideline 5 µg/m³ · EPA annual standard 9 µg/m³. Latest year ranks worse than 59% of U.S. neighborhoods.

Florida Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	16.9	2.7	-4.5%
2023	18.0	2.9	-2.3%
2022	19.0	2.9	+4.4%
2021	18.6	3.4	-13.5%
2020	21.5	3.8	-13.7%
2019	25.2	3.8	—

Reported at the state level — the finest official US crime aggregation; Riviera Bay inherits the Florida figures.

Radon Potential

EPA

Zone 3

Zone 3 — Lowest potential · Riviera Bay

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Environmental Hazards

EPA / BTS

Industrial odor1 nearbyModerate

Point-source screening near Riviera Bay: EPA Superfund National Priorities List & Facility Registry (2026), BTS aviation noise (2020, 24-hour average level). Superfund shows distance to the nearest listed site; odor shows detected sources within the screening radius. Only detected sources are listed; the bar shows severity vs. all U.S. neighborhoods.

Walkability & Amenities in Riviera Bay

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

76

Very Walkable

Walkability Score

5

Grocery

14

Dining

1

Schools

0

Universities

3

Hospitals

3

Pharmacies

2

Parks

0

Rail Transit

0

Coworking

POI counts are amenities within Riviera Bay's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

Riviera Bay vs Saint Petersburg vs Florida

How Riviera Bay benchmarks against its city and state medians.

Benchmark vs City & State

Across Riviera Bay, the median sale price sits about 11% below the median for Saint Petersburg neighborhoods and about 17% above the statewide median. Gross rental yield is 6.7%, against 6.1% for Saint Petersburg neighborhoods and 6.2% statewide. Over the past 12 months, prices rose 4.9%. Transaction liquidity sits in line with the median for Saint Petersburg neighborhoods and above the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Riviera Bay	$272/sqft	6.7%	38
Saint Petersburg	$306/sqft	6.1%	38
Florida	$232/sqft	6.2%	36

Unlock the Riviera Bay benchmark

Compare Riviera Bay against Saint Petersburg and Florida medians — free with a DistrictScore account.

Buying Property in the US as a Foreigner

Federal & Florida tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.76% average effective rate (statewide average; set and collected locally).

State Income Tax

No state income tax — rental income is not taxed at the state level.

State Capital Gains

No state capital gains tax.

Transfer Tax

Real estate transfer tax: documentary stamp $0.70 per $100 ($0.60 in Miami-Dade).

Assessment Cap

Save Our Homes caps homestead assessment growth at 3%/CPI; reassessed to market value on sale.

Mansion Tax / Rent Control

No statewide mansion tax or statewide rent control.

US citizens & tax residents8

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

Homestead Exemption

Homestead: up to $50,000 off taxable value, plus unlimited protection from most creditors.

Senior & Veteran Exemptions

Extra $50,000 senior exemption plus property-tax discounts for veterans.

Foreign buyers (non-residents)6

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Foreign Ownership Restrictions

SB 264 restricts buyers from 7 countries of concern (incl. China) from residential property near sensitive sites. Verify first.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & Florida property-tax guidance for foreign buyers

Latest Saint Petersburg Real-Estate News

New Fed chairman may leave mortgage rates mostly unchanged

Guaranteed Rate • Jun 18, 2026

Household real estate wealth hits record $48.7 trillion

Eye On Housing • Jun 18, 2026

U.S. commercial property prices hit record as deal patterns shift

Altus Group • Jun 18, 2026

Riviera Bay Real Estate FAQ

Riviera Bay in Saint Petersburg, Florida presents a yield-forward profile. Gross yield is 6.7%, prices are about 11% below the city median, and the Red Flag score is 62. Over the past year, prices have moved up 4.9%.

Neighborhoods near Riviera Bay

Compare Riviera Bay with nearby neighborhoods in Saint Petersburg.

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