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St. Petersburg’s Terraces at 87th Broke Ground and is Now Accepting Reservations




Belleair Development Group, the developer of Terraces at 87th, has officially broken ground and is proud to announce the start of reservations and the launch of sales for the 92 multi-level homes. Terraces at 87th is a private enclave of thoughtfully designed three-story homes with spacious three- and four-bedroom floor plans centrally located in north St. Petersburg located at 4th St N and 87th Ave N.

Belleair Development Group envisioned and designed the first sustainable luxury community, unprecedented in the Tampa Bay market, as each home is enabled for energy-efficient solar panels, gas stovetops, and pre-wired for electric vehicle chargers. Each luxury multi-level 3,753 square-foot home features open-concept layouts, a spacious four-car garage, and inviting rooftop terraces with upgrade options including a summer kitchen and jacuzzi. Additionally, residents of the Terraces at 87th will retreat to luxury resident-only amenities such as a resort-style swimming pool surrounded by a sundeck with cabanas, fire pits, grilling areas, and a fenced-in outdoor dog park for off-leash play.

“Since our groundbreaking ceremony, we have seen an event stronger response from the community regarding Terraces at 87th and the incredible offering from Belleair Development Group” said Jay Phillip Parker, CEO of Douglas Elliman Florida and President of Douglas Elliman Development Marketing, Florida. “Drawing upon the development teams unique understanding of the market, this new community is perfectly situated with access to the best of both St. Petersburg and Tampa combined with uniquely designed homes in a perfectly appointed neighborhood.”

“We have been excited by the interest in the design of the three- or four-bedroom homes with an oversized four-car garage with generous indoor and outdoor living with two floors of terrace space,” said Belleair Development Group’s owner, Carlos Yepes. “Owners have the ability to further customize your residence with additional upgrades including a third-story rooftop Jacuzzi.”

Douglas Elliman Development Marketing is the exclusive sales and marketing team for the Terraces at 87th. Known for leading prestigious and market-defining residential projects across Florida and the US, the firm brings distinct expertise to Tampa Bay for this collection of contemporary homes starting from $800’s.

For more information, and to explore the multi-level floor plans please visit or email the sales team

Other members of the development team include Peregrine Construction Group as the general contractor and Clear ph Design for branding and marketing.

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