Allendale Terrace
Historic Charm Without the Million-Dollar Price Tag
X (south of 54th Ave N)
Flood Zone
35-50 ft
Elevation
Mix: 1920s historic + 1950s block + new infill
Construction
60
Walk Score
Neighborhood Overview
Allendale Terrace is one of Aaron's favorite go-to recommendations for buyers who want historic character without paying Kenwood or Crescent Lake prices. It has a real mix — original 1920s historic homes, solid 1950s block construction, and recent infill builds — all in a walkable, established neighborhood that's not in a flood zone.
The variety is actually a feature here. You'll see craftsman bungalows next to mid-century blocks next to brand-new construction, all on the same street. Brick-paved roads in pockets. Mature trees. And prices that, for now, haven't fully caught up to comparable historic-adjacent neighborhoods.
Important caveat: stay south of 54th Avenue N. Once you cross 54th, you start entering flood zone AE and the homes north of there carry a different insurance reality. Within Allendale proper (south of 54th), elevation is solid and the flood zone is X.
Commute Times
Click any destination to see the mapped route with real-time traffic estimates.
Pros & Cons
The Pros
- Flood zone X south of 54th Ave N — solid elevation
- Significantly more affordable than Kenwood or Crescent Heights
- Mix of historic, 1950s block, and new construction — variety on every block
- Brick-paved streets in pockets — historic character intact
- 12 minutes to downtown, 20 minutes to the beach
- Strong appreciation potential as historic-adjacent neighborhoods get rediscovered
The Cons
- Walk Score is moderate — you're driving more than in Kenwood
- Block-by-block variation in renovation quality
- Architectural mix means it lacks the cohesive feel of Kenwood
- North of 54th Ave enters flood zone AE — verify the address
- Less name recognition with out-of-state buyers (which is also why it's cheaper)
What You Need to Know
Who Should Live Here
Buyers who want historic character and walkability but don't want to pay $800K+ for a small Kenwood bungalow. Ideal for first-time historic buyers, or anyone prioritizing flood-zone safety over name-brand neighborhoods.
The Smart Money Angle
Allendale checks the same boxes as Kenwood and Crescent Lake — historic + Zone X + walkable to Central Ave — but trades at a discount because it doesn't have the marketing brand. That gap is closing. We've seen this pattern play out in St. Pete neighborhood after neighborhood: the value gap closes once enough people figure it out.
What to Expect
Variety. Some blocks feel fully historic with brick streets and bungalows. Others feel like 1950s mid-century. New infill construction is increasing. The flood zone line at 54th Ave is the single most important boundary to verify on any specific home.
What's Nearby
Central Avenue
1.0 mi
Magnolia Heights
0.5 mi
Northwest Park
0.7 mi
Downtown St. Pete
3.0 mi
Tyrone Square Mall
2.5 mi
St. Pete Beach
7 mi
Elevation & Flood Risk
42ft average elevation
FEMA Flood Zone X (most of the neighborhood) — flood insurance required
Thinking about Allendale Terrace?
We've helped over 50 buyers relocate to Tampa Bay. Let's talk about whether Allendale Terrace is the right fit for you.
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