We love downtown St. Pete's for the museums, restaurants, shopping, ambiance. It is a great walking town and being on the bay is wonderful. My wife attended the USF sponsored Conference on World affairs which was in walking distance, while I walked to the museums, park on the bay, and hung out.
The only drawback was parking and understanding where you could and could not park. You cannot park in the lot behind the building, but must find parking on the street in the appropriate zone which really was not a problem, just a minor inconvenience. It will not stop us from renting this property again next year.