The Princess Martha
Located in the vibrant heart of Downtown St. Petersburg, Florida, The Princess Martha stands as a dynamic and independent 55+ apartment community. Originally established as a grand hotel in 1924, it has since transformed into senior apartments, owned and operated by TJM Properties. Embracing the essence of independent living, The Princess Martha ensures each resident’s smooth transition into retirement, offering an all-inclusive lifestyle focused on convenience, social connections, and relaxation. With an elegant dining room serving three daily meals and an array of menu options, the Food and Dining team at The Princess Martha presents unique dining experiences, including exclusive access to a private dining area and catering services for private events. This upscale 55+ community epitomizes a comfortable and active lifestyle, supported by a team of caring and dedicated personnel devoted to providing a carefree and comprehensive living experience.
Steeped in history and beauty, Princess Martha is more than a residence; it’s a captivating haven where residents find new friends and relish shared moments amidst a community of like-minded neighbors. Residents relish the urban experience with easy access to an array of downtown offerings, including shopping, dining, museums, and parks. Nestled within walking distance of local attractions, the community boasts a bustling locale adorned with quaint shops, inviting cafes, and enriching museums. The weekly calendar at The Princess Martha brims with engaging activities and events, seven days a week—featuring everything from lively happy hours to movie nights and stimulating art classes.
Claim What’s Yours: Financial Aid for Florida Seniors
- General: Age 65+ or 21+ disabled, Florida resident, Medicaid- eligible, nursing home-level care need.
- Income Limits (2025): ~$2,829/month (300% FBR, individual).
- Asset Limits: $2,000 (individual), $3,000 (couple).
- FL Specifics: High demand; waitlists common.
- Services: In-home care (6-8 hours/day), assisted living, respite (240 hours/year), case management.
- General: Age 60+, Florida resident, at risk of nursing home.
- Income Limits: ~$2,000/month (varies).
- Asset Limits: $5,000 (individual).
- FL Specifics: Limited funding; regional variation.
- Services: Homemaker services (3-5 hours/week), adult day care (~$60/day), respite (up to 10 days/year).
- General: Age 60+, Florida resident, at risk of nursing home placement; caregiver must be approved.
- Income Limits (2025): ~$2,829/month (individual, aligned with Medicaid thresholds).
- Asset Limits: ~$2,000 (individual); varies by case manager discretion.
- FL Specifics: Limited funding (~3,500 served annually); prioritizes low-income frail seniors.
- Services: Basic subsidy (~$160/month) for housing/medical costs; special subsidies for supplies/services (e.g., incontinence supplies, ~$50-$200/month).
- General: Age 55+, Florida resident, nursing home-level care need, safe with PACE support.
- Income Limits (2025): ~$2,829/month (300% FBR).
- Asset Limits: $2,000 (individual), $3,000 (couple).
- FL Specifics: Limited to specific counties (e.g., Hillsborough, Miami-Dade); ~10 sites statewide.
- Services: Personal care (5-7 hours/day), medical care, meals, transportation, therapy.
- General: Age 65+ or disabled, Florida resident, living in approved facility, receiving SSI or low-income.
- Income Limits (2025): ~$1,004/month (individual, including SSI).
- Asset Limits: $2,000 (individual), $3,000 (couple).
- FL Specifics: Limited to specific facility types; ~$78.40/month max supplement.
- Services: Cash payment (~$78.40/month) for room/board or personal needs in facilities.
- General: Age 55+, unemployed, low-income, Florida resident.
- Income Limits (2025): ~$1,983/month (125% FPL, individual).
- Asset Limits: Not specified; income-focused.
- FL Specifics: Priority for veterans, rural residents; ~1,000 slots/year.
- Services: Paid training (~20 hours/week at ~$7.25/hour), job placement.
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Frequently Asked Questions
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Several government programs offer financial assistance for senior housing in various countries, focusing on the United States for a broad overview:
- Medicaid: Medicaid is a state and federally funded program that can cover the costs of nursing home care for those who meet eligibility criteria, including income and asset limits. Some states also offer Medicaid waivers that help pay for home and community-based services to prevent or delay nursing home placement.
- Medicare: Medicare, primarily a health insurance program for people aged 65 and over, does not cover long-term housing costs. However, it can cover short-term stays in a skilled nursing facility under specific conditions following a hospital stay.
- Section 202 Supportive Housing for the Elderly Program: This program provides housing for low-income seniors. It offers rental assistance and access to supportive services, such as cleaning, cooking, and transportation.
- Low-Income Housing Tax Credit (LIHTC) Properties: While not a direct subsidy, LIHTC encourages developers to create affordable housing. Seniors with low incomes can find reduced-rent apartments through this program.
- State and Local Programs: Many states, counties, and cities offer their own programs to assist seniors with housing costs. These can include property tax relief programs, rental assistance programs, and programs that offer affordable senior housing options.
- Veterans Affairs (VA): The VA offers several programs for veterans, including the Aid and Attendance benefit, which provides monthly payments to veterans who require the aid of another person, or are housebound, to help cover the cost of care in homes, nursing homes, and assisted living facilities.
- Social Security: While Social Security primarily provides retirement income, for many seniors, these benefits are a crucial part of their budget, including housing costs.
Before recommending homes, we conduct a thorough evaluation on crucial factors that define a senior home such as the quality of care they provide, the reputation of the organization, and a comprehensive review of community testimonials as well. Every detail is assessed to assure that seniors are offered not just senior care options, but trustworthy homes where they can experience the care that they deserve.
Yes. Assisting families who need Medicaid is important to us as it plays a crucial role in offering financial support to seniors confronting economic challenges. We would like to keep essential healthcare services accessible to all community members, irrespective of one’s financial circumstances.
We extend our services at no cost, ensuring that families and seniors can benefit from tailored assistance in their search for care and home options. Our ability to offer personalized guidance without charge to families and seniors is made possible through the support and funding from the communities with which we team up.
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- Senior-focused concierge medicine.
- Senior-focused nutritionist
- Senior-focused personal training
- Memory care specialists
- Custom wheelchairs at all price points.
- Custom hearing aids
- Cosmetic skincare + dermatology
- Companionship: We offer in-person and virtual companionship services. Someone engaging to hang out with or talk to on video chat.
- Senior housing concierge. Our service finds the best senior living options based on your needs, income, and personality.
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