$292,000
5116 Beach Drive
St Petersburg, FL 33705
Listing updated: June 5, 2026 at 7:33 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Welcome to Waterside at Coquina Key South! This gated waterfront community spans 88 acres along the Tampa Bay waterways and offers resort-style living with 24-hour security. With 628 units and 60 buildings, Waterside is a large waterfront community featuring five canals, a freshwater pond, and an abundance of boat slips available for purchase or lease. This 2-bedroom, 1-bath, second-floor condo is move-in ready and being sold furnished. Inside, you’ll find tile floors, wainscot paneling, Hunter ceiling fans, an in-unit washer/dryer, and beachy décor. The large kitchen has been remodeled with a backsplash, newer appliances, and generous cabinet and counter space. The bathroom has been beautifully updated with wainscot paneling, tile, and a modern vanity. Step out onto your private balcony with peaceful canal views and enjoy the Florida breeze. Waterside South’s resort-style amenities feature two pools, tennis courts, pickleball courts, sand volleyball, kayak storage, a fitness center, dog park, and the on-site Yacht Club with a full bar and weekly activities. Hang out at the Yacht Club or fishing pier and enjoy Florida wildlife while watching cruise ships and tankers come and go from Tampa Port—you may even see dolphins! The property experienced no flooding from Hurricanes Helene or Milton. While repairs remain in progress,the HOA has been working diligently on milestone projects, with several major improvements already completed, including roofs, balconies, and exterior painting. Special assessments have been established to fund these improvements and are expected to be finalized in the coming weeks. Once the current repairs and projects are completed, traditional financing is expected to become available again, which could increase buyer demand and enhance future property values. Ideally located near world-famous Gulf beaches, top hospitals, shopping, dining, and entertainment, with Tampa International Airport only 30 minutes away, Waterside South is a unique and affordable waterfront community. This is an excellent opportunity to purchase waterfront property at today's pricing before values potentially increase as community improvements are completed. Sellers are motivated and willing to negotiate, making this an outstanding opportunity to own a piece of Florida waterfront living.
Local Insight
At $354/sqft for a 1979 waterfront condo in an AE flood zone, you're paying for location and direct water access rather than modern construction, so factor in potential flood insurance costs and likely renovation needs into your actual total investment. The private pool is a genuine draw for waterfront living, but the single bathroom and 825 sqft layout limits resale appeal compared to newer inventory in the area—this works best as a personal-use property or investment play, not a quick flip. The lack of HOA is unusual for a condo and could mean lower fees, but verify what maintenance and structural responsibilities fall directly on you as the owner.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history152 days on market
- Status: ActiveJun 5, 2026
- Listed$335,000Oct 1, 2025
- Price reduced$292,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 152
- Subdivision
- Waterside At Coquina Key South
- County
- Pinellas
- Year built
- 1979
- Living area
- 825 sq ft
- Price/sq ft
- $354
- Lot size
- 8,168 sq ft
- Flood zone
- AE (12103C0282H)
- Pool
- Private pool
- Annual taxes
- $3,209 (2024)
- Parcel #
- 05-32-17-95095-005-1164
- MLS #
- TB8432483
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 1
- Flooring
- Carpet, Ceramic Tile
- Appliances
- Cooktop, Dishwasher, Dryer, Electric Water Heater, Freezer, Refrigerator, Washer
- Interior features
- Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Open Floorplan
- Laundry
- In Kitchen
- Stories / Levels
- One
- Direction faces
- West
Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $905/mo
- Total annual fees
- $10,860
- HOA name
- Greenacre Properties /Dan Graham
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 1-7 Days
- Listing terms
- Cash, Other
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Allowed 3 times a year under 30 Days, any stays over 30 Days has no minimum.
- Approval process
- Http: watersidesouth.com for process and documents, $100 fee for background check.
Exterior & Construction
- Exterior features
- Balcony
- Construction materials
- Brick, Stucco
- Roof
- Shingle
- Foundation
- Slab
- Pool
- Private pool
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Community
- Pets allowed
- Breed Restrictions
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 14x11 |
| Kitchen | First | 8x6 |
| Primary Bedroom | First | 10x12 |
| Bedroom 2 | First | 10x10 |
Listing Details
- Listing date
- 2025-09-29
- On market date
- 2025-10-01
- Original list price
- $335,000
- Occupant type
- Owner
- MLS area
- 33705 - St Pete
- Listing AOR
- Orlando Regional
- Status changed
- 2026-06-05
- Tax legal description
- WATERSIDE AT COQUINA KEY SOUTH CONDO PHASE I BLDG 5, UNIT 5116D TOGETHER WITH USE OF DRY DOCK #41
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Lewis Blvd to Beach Dr. SE. Turn right on Beach Drive to guard gate. Pass Cobia Drive building will be on left side.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 5, 2026 at 7:33 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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