$1,195,000
4811 Paradise Way
St Petersburg, FL 33705
Listing updated: February 2, 2026 at 3:09 PM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Discover an exceptional waterfront opportunity on scenic Paradise Way in Southern St. Petersburg. This rare, over-sized vacant residential lot sits directly on Little Bayou and offers un-restricted, deep-water access to Tampa Bay—an ideal setting for boaters and waterfront enthusiasts. Recently cleared and measuring approximately 135 feet wide by 128 feet deep (0.39 acres), this expansive parcel can easily accommodate a large estate-style home. Located on a quiet cul-de-sac, the property enjoys gentle bay breezes, a peaceful sense of privacy, and a protected position that still captures beautiful, wide-open water views. Key improvements have already been completed, including a newer seawall, full demolition, a soil report, and a current survey—making this a smooth and ready canvas for your builder of choice. Just minutes from Downtown St. Petersburg, the Marina District, I-275, and the world-class Gulf Beaches, this premium homesite blends tranquility with incredible convenience. Whether for a custom luxury residence or a modern coastal retreat, this Paradise Way lot is the perfect place to bring your dream home to life.
Local Insight
At $70 per square foot for raw waterfront land in an AE flood zone, you're paying a premium for the water access and Bayou Bonita Park location, but you'll need to factor in serious flood insurance costs and likely elevated construction requirements that could significantly impact your actual development budget. The 0.39-acre lot is tight for most builds, so you're really buying for direct water access and a specific use case—not flexibility—which means this works best if you have a clear vision (boat house, dock-focused property, etc.) rather than standard residential construction in mind.
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 history70 days on market
- Status: ActiveNov 24, 2025
- Listed$1,195,000Nov 24, 2025
- Price increased$1,195,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 70
- Subdivision
- Bayou Bonita Park
- County
- Pinellas
- Price/sq ft
- $70
- Lot size
- 16,971 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- AE (12103C0282H)
- Annual taxes
- $5,180 (2024)
- Parcel #
- 06-32-17-03798-012-0120
- MLS #
- TB8450933
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, BB/HS Internet Capable, Cable Available, Electricity Available, Phone Available, Sewer Available, Water Connected
Listing Details
- Listing date
- 2025-11-24
- On market date
- 2025-11-24
- Original list price
- $1,195,000
- MLS area
- 33705 - St Pete
- Listing AOR
- Suncoast Tampa
- Status changed
- 2025-11-24
- Tax legal description
- BAYOU BONITA PARK BLK 12, LOT 12 & SE 1/2 OF LOT 13
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
Paradise Way to address.
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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 February 2, 2026 at 3:09 PM 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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