I asked a lot of people but nobody knew. I use to get their newsletter, but somehow about a year ago it stopped, I heard they were moving but never found out where they are moving to. 
Well, long story short, I missed their food and the charming atmosphere and one day I drove by the old place and saw that the sign was still up with a website address.
http://www.saffronscuisine.com phone number is 727 744 0864
Long story short, as far as I could find out, they do not have a new restaurant in a different location, but a catering service here in St. Petersburg
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Anne Hensel | Real Estate Broker in Teasure Island St Petersburg
Call today 727 410 7777
Anne...
TWO of our favorite restaurants in the area recently shut down. It's like losing an old friend.
Anne I always liked that place in the 80s they were down on Central before getting really popular and moving north P.S. Long live the beer garden gone but not forgotten!