Nearby rentals
Property management
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Great for
Features
| Ceiling Fan | Wall/Window Units |
| Window Units |
Community
| Elevator |
Other
| Ductless Heating | Four Rooms |
One-time.
One-time. Refundable.
No pets allowed.
Questions about this property’s policies and fees?

Property Status: Active Charming 1-bedroom, 1-bath second-floor condo with a bonus room available for ANNUAL RENTAL in the highly desirable 55+ Waterfront Park community in downtown St. Petersburg. Filled with natural light, this inviting unit features numerous windows showcasing views of Albert Whitted Airport, the Mahaffey Theater, and the Dali Museum. Both the unit and the community capture the charm and character of "Old Florida," making this a perfect home for boaters, aviation enthusiasts, and those who enjoy arts and culture. Enjoy an unbeatable location just steps from waterfront parks, restaurants, the Saturday Morning Market, USF St. Petersburg, Al Lang Stadium, shopping, museums, and all that vibrant downtown has to offer. Please note: This is a second-floor unit with no elevator. No pets are permitted, and residents must be 55 years of age or older-no exceptions. Office Phone: (727) 560-7727 Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 487 1st St S, St Petersburg, FL 33701, USA compares to other nearby properties.
Positives
| Neighborhood | Downtown St. Petersburg |
|---|---|
| Zip code | 33701 |
| Type | Condo for rent |
1-bedroom apartments at 487 1st St S #205 cost about 34% less than the average rent price for 1-bedroom apartments in St. Petersburg.
| Month | Median Rent |
|---|---|
| August 2024 | $1,546 |
| September 2024 | $1,547 |
| October 2024 | $1,547 |
| November 2024 | $1,664 |
| December 2024 | $1,586 |
| January 2025 | $1,549 |
| February 2025 | $1,558 |
| March 2025 | $1,549 |
| April 2025 | $1,593 |
| May 2025 | $1,589 |
| June 2025 | $1,598 |
| July 2025 | $1,599 |
| August 2025 | $1,585 |
| September 2025 | $1,537 |
| October 2025 | $1,544 |
| November 2025 | $1,513 |
| December 2025 | $1,498 |
| January 2026 | $1,500 |
| February 2026 | $1,499 |
| March 2026 | $1,497 |
| April 2026 | $1,499 |
| May 2026 | $1,499 |
| June 2026 | $1,498 |
| July 2026 | $1,483 |
| Month | Median Rent |
|---|---|
| August 2024 | $2,083 |
| September 2024 | $1,818 |
| October 2024 | $1,849 |
| November 2024 | $2,167 |
| December 2024 | $2,092 |
| January 2025 | $2,206 |
| February 2025 | $2,555 |
| March 2025 | $2,706 |
| April 2025 | $2,846 |
| May 2025 | $2,400 |
| June 2025 | $2,303 |
| July 2025 | $2,215 |
| August 2025 | $2,163 |
| September 2025 | $2,330 |
| October 2025 | $2,458 |
| November 2025 | $2,187 |
| December 2025 | $2,262 |
| January 2026 | $2,300 |
| February 2026 | $2,316 |
| March 2026 | $2,207 |
| April 2026 | $2,212 |
| May 2026 | $1,957 |
| June 2026 | $1,931 |
| July 2026 | $2,084 |
Can I afford to live at 487 1st St S #205?
Bedrooms
1 bedroomRent-to-income ratio
30%
$59,400/yr
| Bath | |||||
|---|---|---|---|---|---|
| 9 months ago | $1,650 | 1 bed | 1 bath | ||
| 1 year ago | $2,050 | 1 bed | 1 bath | ||
| 2 years ago | $2,500 | 1 bed | 1 bath | ||
| 2 years ago | $1,500 | 1 bed | 1 bath | ||
| 5 years ago | $1,200 | 1 bed | 1 bath | ||
| 6 years ago | $1,400 | 1 bed | 1 bath | ||
| 6 years ago | $1,400 | 1 bed | 1 bath | ||
| 6 years ago | $1,400 | 1 bed | 1 bath | ||
| 6 years ago | $975 | 1 bed | 1 bath |
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Occupied
1 Bed
1 Bath
$1,050
Furnished
Occupied
1 Bed
1 Bath
$1,400
On-Site Laundry • Furnished