Waldorf Astoria Residences St. Petersburg | Pre-Construction Guide

Waldorf Astoria Residences St. Petersburg is planned for 150 2nd Ave S in Downtown St. Petersburg, placing it within a short walk of the waterfront, the St. Pete Pier, the museum district, and Central Avenue. The site pairs the residences with Class A office space and ground-floor retail.

The tower is planned at 50 stories and roughly 539 feet, which would make it the tallest building in St. Petersburg — surpassing <a href="/400-central">400 Central</a>'s 515 feet. It will contain 163 condominium residences, primarily two- and three-bedroom plans of roughly 2,031 to 3,408 square feet with private entry foyers.

The roughly $500 million project is co-developed by Miami-based Property Markets Group (PMG) and St. Petersburg-based Feldman Equities, in partnership with City Office REIT and Tower Realty Partners, under Hilton's Waldorf Astoria brand — the brand's first residential tower in Tampa Bay. Interiors are designed by San Francisco-based BAMO.

The project received city approvals in 2024, with groundbreaking expected in 2026 and move-ins projected around 2030. Pre-construction timelines can shift, so verify the current schedule with the sales gallery or your agent before making plans that depend on a delivery date.

Pre-sale pricing has started around $2.9 million for two- and three-bedroom residences, with the project surpassing $200 million in sales during pre-construction. A two-story penthouse sold for $27 million — the highest condo sale ever recorded in Tampa Bay, well above the previous record of $11.6 million at the Ritz-Carlton Residences Tampa. Confirm current pricing and availability through your agent.

Pre-construction purchases in Florida typically involve staged deposits — commonly 10–20% at contract with additional installments at construction milestones — held per the purchase agreement and Florida condo law. Terms vary by developer and can be negotiated in some cases. Review the contract with your agent and attorney before signing, and see Shane's guide to pre-construction condo deposits in Tampa Bay.

Yes, pre-construction listings are in the MLS today.

They are Tampa Bay's two marquee branded-residence projects: the Ritz-Carlton Residences Tampa is delivered and trading on Bayshore Boulevard, while the Waldorf brings hotel-brand living to downtown St. Petersburg on a 2030 horizon. Shane's full breakdown: Waldorf vs. Ritz-Carlton — which ultra-luxury condo wins?