5116 Beach Drive, FL
Stellar MLS

$292,000

5116 Beach Drive

St Petersburg, FL 33705

Listing updated: June 5, 2026 at 7:33 AM ET

Active
2
Beds
1
Bath
825
Sq Ft
0.18
Acres
1979
Built
WaterfrontWater accessPrivate pool$354/sqft360° tour
Condominium

Property type

1979

Year built

8,168 sqft

Lot size

$354

Price / sq ft

No HOA

HOA dues

152

Days on market

AE

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

Principal & interest$1,477
Property taxes$267
Home insurance (est.)$134

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

  1. Status: Active
    Jun 5, 2026
  2. Listed$335,000
    Oct 1, 2025
  3. 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

Ask about this home

Have a question? Ask the broker directly.

Ryan Solberg answers personally — no call center, no spam. Your question goes straight to him.

Your question is private and goes only to Ryan — it is never published on this page.

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

ElementaryLakewood Elementary-PNGreatSchools ↗
MiddleBay Point Middle-PNGreatSchools ↗
High SchoolLakewood High-PNGreatSchools ↗

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

RoomLevelDimensions
Living RoomFirst14x11
KitchenFirst8x6
Primary BedroomFirst10x12
Bedroom 2First10x10

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

High riskFEMA Zone AEPanel 12103C0282H

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.

More homes like this

MLS GRID

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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA