4811 Paradise Way, FL4811 Paradise Way, FL4811 Paradise Way, FL
Stellar MLS
1 / 13

$1,195,000

4811 Paradise Way

St Petersburg, FL 33705

Listing updated: February 2, 2026 at 3:09 PM ET

Active
Stellar MLSListing courtesy of Keller Williams St Pete Realty · Zach Zehnder · MLS #TB8450933 · Active · 727-894-1600
0
Baths
0.39
Acres
WaterfrontWater access$70/sqft360° tour
Land

Property type

16,971 sqft

Lot size

$70

Price / sq ft

No HOA

HOA dues

70

Days on market

AE

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

Principal & interest$6,043
Property taxes$432
Home insurance (est.)$548

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

  1. Status: Active
    Nov 24, 2025
  2. Listed$1,195,000
    Nov 24, 2025
  3. 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

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

Paradise Way to address.

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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 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.

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