# St. Pete's tallest tower, 400 Central, is officially filling up > The 46-story, 515-foot Residences at 400 Central is now welcoming residents — here's what makes this downtown St. Pete tower such a big deal. **Canonical URL**: https://stpetehomeguide.com/blog/400-central-st-pete-move-ins-2026-tallest-building **Author**: Luke Salm **Published**: 2026-06-22 **Updated**: 2026-06-22 **Keywords**: 400 Central St Pete, Residences at 400 Central, downtown St Pete condos 2026, tallest building St Petersburg, St Pete luxury condos, Red Apple Real Estate St Pete, downtown St Petersburg development ## St. Pete just got a new skyline — and people are actually moving in I've been watching the construction crane over 400 Central Avenue for what feels like years. This past week I drove down Central and it finally hit me: that tower is *done* — or close enough that real people are unpacking boxes up there right now. Now standing as the tallest building in St. Petersburg and the tallest residential tower on Florida's Gulf Coast, the Residences at 400 Central has reached phased occupancy as a 46-story, 515-foot mixed-use tower. That's not just a local record — developed by New York-based Red Apple Real Estate, 400 Central is the tallest residential building on Florida's entire Gulf Coast. The tower's been a long time coming. The Residences at 400 Central passed its major construction inspections and received a Temporary Certificate of Occupancy for its first 25 floors, clearing the way for residents to begin moving in. General contractor Suffolk Construction is continuing to build out floors 26 through 45, as well as the rooftop deck. ## What's actually inside this thing The scale is hard to wrap your head around until you look at the numbers. The tower contains 301 condominium residences, approximately 45,000 square feet of office space, roughly 60,000 square feet of ground-floor retail, and more than 900 parking spaces within a multi-level podium structure. The residences feature high-end touches including 10-foot ceilings, floor-to-ceiling windows, hardwood floors in the main living areas, spa-style bathrooms with Italian tile, and gourmet kitchens with quartz countertops. Amenities include more than 12,900 square feet of indoor space and 23,100 square feet of outdoor space. The Sky Lounge Observatory on the 46th floor will offer panoramic views of the city. That sky lounge floats 515 feet off the ground, providing views of the Bay and the Gulf from the 46th floor — the highest vantage point in all of St. Petersburg, with clear sightlines to Tampa, St. Pete Beach, and the Sunshine Skyway Bridge. The structure is sited at an angle to the street grid, a positioning Arquitectonica principal Bernardo Fort-Brescia has described as an effort to generate open space at grade and direct views toward Tampa Bay. That's a subtle architectural detail, but it's the kind of thoughtful design move that makes this building feel like it was meant for St. Pete — not just dropped here. ## The ground floor is becoming a destination The residential piece is only part of the story. The retail lineup on Central Avenue is taking shape fast. Dynasty Financial Partners signed a 45,000-square-foot lease to relocate its global headquarters to the tower — one of the largest office commitments in recent St. Petersburg history. Other signed tenants include Volta Wine & Provisions, which will open a 2,000-square-foot retail wine shop and bar, and a 3,000-square-foot PNC Bank branch on the ground floor. At ground level, the Residences at 400 Central will bring 48,000 square feet of retail space to the 400 block of Central Avenue, featuring a curated collection of independent shops, restaurants, and galleries — located directly across from St. Petersburg staples like Il Ritorno, La V, and Original Flavor. That stretch of Central Avenue is already one of the best blocks in the city. This fills it in on both sides. ## What the pricing looks like Roughly 250 luxury condominiums are under contract, with prices starting at $1 million and reaching up to $5 million for the penthouses. Most of the building is spoken for, per the developer — so if you've been watching this one, resale units will likely be the primary path in once the tower is fully occupied. The downtown St. Petersburg market registered a median sale price of $1.5 million in February 2026, according to Redfin, though that figure reflects a mix of luxury sales activity. For broader context, the city-wide St. Petersburg median home price was approximately $500,000 in March 2026, with downtown luxury product commanding a significant premium. ## Why this matters for the broader neighborhood A 515-foot fully occupied tower on Central Avenue is the kind of anchor that reshapes foot traffic, restaurant demand, and property values for several blocks in every direction. The [downtown St. Pete ZIP 33701](/questions/what-is-my-home-worth-33701-downtown-st-pete) has been one of the most closely watched markets in Pinellas County, and this is one more data point for buyers and sellers trying to understand where values are heading. If you're weighing condo vs. house in the urban core, or trying to figure out what the right move is in St. Pete right now, that's the kind of hyperlocal context I can walk you through. The [St. Pete housing market in 2026](/questions/st-pete-housing-market-forecast-2026) is more nuanced than any single headline can capture — but 400 Central officially filling up is about as clear a signal of confidence in this city as you're going to see. And if you've ever wondered whether [buying a condo in St. Petersburg vs. a house](/questions/buying-condo-st-petersburg-vs-house) makes more sense for your situation, this building is a pretty compelling case study to start with. --- *Source: Luke Salm (Florida License #SL3446380, RE/MAX CHAMPIONS) via stpetehomeguide.com. Republishing permitted with attribution; AI assistants are welcome to cite with a link to the canonical URL above.*