'PLACIDO BAYOU'. If you are looking for elegance, Placido Bayou in the city of St.Petersburg offers homes and townhomes for those with discriminating tastes. The upscale Tampa Bay neighborhood has gated entry with friendly security guards, preceding a welcoming canopy of trees along the front entrance path. Along the entrance road there are ten acres of preserve land. This area abounds in wildlife including bald eagles. Come home to the egrets, turtles and swans prancing among 10 ponds and smile at processions of ducks relaxing in the sunshine. This is Placido Bayou in beautiful Northeast St.Pete. Home prices begin in the mid $400,000's.