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The Exchange 1 of 12

The Exchange

$2,040 – $3,262/mo

555 Dr Martin Luther King Jr St S, St Petersburg, FL, 33705

What floor plans are available at The Exchange?

The Exchange currently lists 4 floor plans across 9 available units, from studio to two-bedroom, starting at $2,040/mo. 2 studios from $2,099 to $2,154/mo (579 sq ft), earliest move-in Sep 19. 6 one-bedrooms from $2,040 to $2,639/mo (678–815 sq ft), earliest move-in Sep 12. 1 two-bedroom at $3,262/mo (1,087 sq ft), earliest move-in Nov 28. Prices checked September 24, 2026.

S1

Starting at $2,099

Studio • 1 Bath • 579 Sq Ft

2 available unitsPriceSq ftAvailableOpen unit
#523$2,154579Sep 19
#323$2,099579Oct 24

A2

Starting at $2,040

1 Bedroom • 1 Bath • 805 – 815 Sq Ft

4 available unitsPriceSq ftAvailableOpen unit
#217$2,639805Nov 2
#508$2,083815Nov 4
#407$2,040815Dec 14
#418$2,065815Dec 16

A1

Starting at $2,261

1 Bedroom • 1 Bath • 678 Sq Ft

2 available unitsPriceSq ftAvailableOpen unit
#533$2,355678Sep 12
#530$2,261678Nov 7

B3

Starting at $3,262

2 Bedrooms • 2 Baths • 1,087 Sq Ft

1 available unitPriceSq ftAvailableOpen unit
#501$3,2621,087Nov 28

What are the fees and lease terms at The Exchange?

Rent at The Exchange is $2,040 – $3,262 per month. The earliest listed move-in is Sep 12. Prices checked September 24, 2026.

  • Rent

    $2,040 – $3,262/mo
  • Earliest move-in

    Sep 12

What amenities does The Exchange have?

The Exchange lists 29 amenities, including a gym, a pool, and in-unit laundry.

  • 24/7 Business Center

  • 24/7 Luxer One Package Lockers

  • 9' Ceilings

  • Air Conditioner

  • App-Controlled Smart Home Features

  • Bicycle Storage

  • Carpet & Plank Flooring

  • Ceiling Fan

  • Chef-Inspired Kitchens With Stainless Steel Appliances And Granite Countertops

  • Clubhouse With Reception

  • Complimentary Wifi In Common Areas

  • Double Vanities With Extra Storage

  • Fitness Center With Cardio & Aerobics Area

  • Full-Size Washer & Dryer Included

  • Game Lounge With Billiards & Media Wall

  • Monthly Resident Events

  • Outdoor Bbq & Kitchen Area

  • Poolside Game Lounge

  • Private Patio/Balcony In Select Units

  • Resort-Inspired Pool With Waterfall

  • Richman Signature Perks Opens In A New Tab

  • Secured Building Access

  • Secure Storage Space Available

  • Smart Thermostats

  • Spacious Studio, One, And Two-Bedroom Apartments

  • Spacious Walk-In Closets

  • Summer Kitchen

  • Work-From-Home Lounge With Coffee Bar

  • Yoga And Spin Studio


What do the amenities at The Exchange look like?

  • Pool
    3 photos
  • Gym
    2 photos
  • Grill area
  • Game room
  • Work space

Where is The Exchange?

The Exchange is at 555 Dr Martin Luther King Jr St S, St Petersburg, FL, 33705.

555 Dr Martin Luther King Jr St S, St Petersburg, FL, 33705


What is the neighborhood around The Exchange like?

The Exchange is in the St. Petersburg Innovation District neighborhood of St. Petersburg.


Residents give The Exchange a B grade (about 4.2 out of 5) from 100+ reviews. The Exchange offers competitive pricing and an excellent location near downtown St. Pete with modern amenities including a gym, pool, and spacious units with high ceilings.

4.20 · 100+ reviews
Overall rating
Positive
Mixed
Neutral
Negative
Location2.9
Amenities and Shared Spaces2.9
Management2.6
Building Quality2.4
Maintenance2.2

The Exchange offers competitive pricing and an excellent location near downtown St. Pete with modern amenities including a gym, pool, and spacious units with high ceilings. However, the property faces significant challenges with maintenance responsiveness, communication delays, and unresolved issues like water intrusion and parking constraints. Staff quality varies considerably, with some team members receiving consistent praise while office availability and follow-through on service requests remain persistent concerns.

The Exchange offers a prime downtown St. Petersburg location within walking distance to shops, restaurants, and beaches, with convenient highway access—a major draw for residents. However, parking is a significant constraint: the one-spot-per-unit policy creates frequent availability issues, guest parking is severely limited, and additional vehicles incur extra fees. Communication and maintenance responsiveness have been inconsistent, though recent management changes appear to have improved service quality.

The Exchange offers well-regarded amenities including a spacious gym, resort-style pool, and modern in-unit laundry, with many residents praising the quality and design of common areas. However, significant concerns emerge around maintenance responsiveness, limited after-hours access to amenities (typically 9am-5pm weekdays only), and parking constraints (one spot per unit regardless of bedroom count). Communication and staffing issues are frequently cited, with some residents reporting slow response times to work orders and emails, though experiences vary by staff member.

Management responsiveness and communication are inconsistent, with some residents praising professional and attentive staff while others report delayed responses to emails, maintenance requests, and inquiries. Common issues include slow repair timelines, unresolved water damage, staffing gaps, and deposit refund delays. Positive experiences highlight individual staff members who provide thorough support, though service quality appears to vary significantly depending on staffing and management changes.

Residents report mixed experiences with building quality. Positive feedback highlights clean units, modern finishes, and responsive maintenance in some cases. However, recurring concerns include thin walls with poor noise insulation, uneven temperature control, slow elevators, inconsistent maintenance response times, and cleanliness issues in common areas. Communication gaps and staffing challenges have contributed to delayed repairs and unresolved building issues.

Maintenance responsiveness and follow-through are inconsistent at this property. While some residents report quick repairs and responsive staff, a significant portion experience extended delays on work orders, incomplete repairs marked as finished, and difficulty reaching management for updates. Common unresolved issues include water intrusion, HVAC failures, appliance repairs, and facility access problems that have persisted for weeks to months.


Is The Exchange walkable?

The Exchange is walkable (grade C+), transit is minimal (grade F), and biking is bikeable (grade C).

WALK

Walkable

TRANSIT

Minimal Transit

BIKE

Bikeable


What is The Exchange like?

<p>Move beyond the standard of luxury apartment living and experience life on the edge at The Exchange. Waiting just outside the bustle of <a href="https://www.

<p>Move beyond the standard of luxury apartment living and experience life on the edge at The Exchange. Waiting just outside the bustle of <a href="https://www.stpete.org/" target="_blank">Downtown St. Pete</a>, The Exchange serves as a dynamic and soulful backdrop to the city's captivating lifestyle. Designer lounge spaces reflecting a distinct urban edge set the tone for upscale studio, one, and two-bedroom apartments. An unrivaled amenity collection centered around a resort-inspired pool and unique indoor spaces takes luxury to new heights. Schedule your tour today!</p>


How big is The Exchange?

The Exchange is an apartment.

  • Building

    Apartment

What schools are near The Exchange?

Campbell Park Rec Child Care Center is 0.2 miles from The Exchange. 10 schools are listed nearby.

SchoolTypeLevelDistance

Campbell Park Rec Child Care Center

Private · Preschool
PrivatePreschool0.2 mi

Campbell Park Elementary School

Public · Elementary
PublicElementary0.2 mi

Johnson Home Day Care

Private · Preschool
PrivatePreschool0.3 mi

John Hopkins Middle School

Public · Middle
PublicMiddle0.6 mi

Boys & Girls Club Ps-Northside

Private · Preschool
PrivatePreschool0.7 mi

MIDTOWN ACADEMY

Public · Elementary
PublicElementary0.8 mi

Midtown Academy

Public · Middle
PublicMiddle0.8 mi

Lachelle's Little Angel Cdc

Private · Preschool
PrivatePreschool0.9 mi

Woodlawn Center Head Start

Private · Preschool
PrivatePreschool1.0 mi

Paradigm Christian Academy

Private · Preschool
PrivatePreschool1.0 mi

How do I contact The Exchange?

The Exchange is managed by The Richman Group. Call (727) 300-0577 to tour or ask about availability.