6525 Cape Sable Way, FL6525 Cape Sable Way, FL6525 Cape Sable Way, FL
Stellar MLS
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$150,000

6525 Cape Sable Way

St Petersburg, FL 33702

Listing updated: June 18, 2026 at 10:19 AM ET

Active
Stellar MLSListing courtesy of Compass Florida Llc · Zach Steinberger · MLS #TB8439900 · Active · 727-339-7902
3
Beds
3
Baths
1,392
Sq Ft
4.86
Acres
1974
Built
WaterfrontWater access4.86 acres$108/sqft360° tour
Townhouse

Property type

1974

Year built

211,599 sqft

Lot size

$108

Price / sq ft

$1,400/mo

HOA dues

241

Days on market

1

Garage space

AE

Flood zone

About this home

Short Sale. SHORT SALE (NOT YET BANK APPROVED). This 3 bedroom, 2 bathroom, 1 car garage townhome offers an incredible opportunity! The HOA’s master flood insurance policy is covering the ground floor remodel of the townhome. Expected completion in the next few months. Potential to walk in with over $100,000 in immediate equity! No fixed bridges and mere minutes to Tampa Bay, Weedon Island, and so much more. This Mariner’s Pass community is complete with 2 pools (1 heated) and 3 community docks for fishing and water activities. Most importantly the HOA fee covers water, sewer, trash, exterior maintenance, grounds maintenance, community pool, pest control, reserves, a master flood insurance policy, high speed internet, cable TV, boat slip, and dock maintenance. Call today and seize this incredible opportunity for instant equity!

Local Insight

At $108/sqft for a 1974 townhouse, you're getting serious waterfront acreage (nearly 5 acres) that's rare in St. Petersburg, but that AE flood zone rating means mandatory flood insurance and elevation requirements that will significantly impact your actual carrying costs beyond the $1,400 monthly HOA. The price looks cheap until you factor in whether this older unit meets current flood codes and what your real insurance burden will be—that's the real negotiation here, not the square footage.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$758
Property taxes$378
Home insurance (est.)$69
HOA dues$1,400

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 history241 days on market

  1. Status: Active
    Oct 21, 2025
  2. Listed$225,000
    Oct 20, 2025
  3. Price reduced$150,000

Facts & features

Property type
Residential
Sub type
Townhouse
Status
Active
Days on market
241
Subdivision
Mariners Pass
County
Pinellas
Year built
1974
Living area
1,392 sq ft
Price/sq ft
$108
Lot size
211,599 sq ft
Lot category
2 to less than 5
Flood zone
AE (12103C0228H)
Garage
1 spaces
Annual taxes
$4,536 (2024)
Parcel #
33-30-17-55309-000-0340
MLS #
TB8439900

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Interior Details

Bedrooms
3
Full bathrooms
2
Half bathrooms
1
Flooring
Carpet, Tile, Vinyl
Appliances
Electric Water Heater
Interior features
Ceiling Fans(s)
Laundry
Inside
Stories / Levels
Two
Direction faces
West

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Garage spaces
1
Attached garage
Yes

HOA & Financial

HOA fee
$1,400 / Monthly
Monthly HOA
$1,400/mo
Total monthly fees
$1,400/mo
Total annual fees
$16,800
HOA name
PBM Sommer Troub
CDD
No
Homestead exemption
Yes
Min lease term
6 Months
Listing terms
Assumable, Cash, Conventional, Owner Financing
Ownership
Condominium
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
Verify with HOA
Approval process
Verify with HOA

Exterior & Construction

Exterior features
Lighting, Sliding Doors
Construction materials
Block
Roof
Shingle
Foundation
Slab
Waterfront
Yes
Water access
Yes
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected

Community

Pets allowed
Yes

Room Details

RoomLevelDimensions
Living RoomFirst
Primary BedroomSecond
KitchenFirst

Listing Details

Listing date
2025-10-20
On market date
2025-10-20
Original list price
$225,000
Occupant type
Vacant
Special conditions
Short Sale
MLS area
33702 - St Pete
Listing AOR
Suncoast Tampa
Status changed
2025-10-21
Tax legal description
MARINERS PASS 2 CONDO APT 34

Flood risk

High riskFEMA Zone AEPanel 12103C0228H

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

From 4th St N, turn right on 62nd Ave N, and then turn left on 16th St N, and then turn right on Cape Hope, left on Cape Sable and townhome is on the right.

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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 18, 2026 at 10:19 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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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