$1,600,000

487 Pinellas Bayway

Tierra Verde, FL 33715

Active
4
Beds
5
Baths
3,300
Sq Ft
0.1
Acres
1992
Built
WaterfrontWater accessIn-law suiteFireplace$485/sqft
🏠Townhouse

Property type

🏗️1992

Year built

📐4,221 sqft

Lot size

📊$485

Price / sq ft

🏘️$500/mo

HOA dues

📅181

Days on market

🚗2

Garage spaces

🌊AE

Flood zone

About this home

Unit 106 /6: Live the ultimate Tierra Verde boating lifestyle with spacious waterfront living, a 16,000-lb boat lift. The slip is 40ft long. You have fast, protected access to the open waters of Tampa Bay and the Gulf. If you’ve been waiting for a home that offers room to spread out plus a flexible in-law suite or private office/studio, this is it. This beautifully updated 3,300 sq ft waterfront townhome lives like a single-family home, tucked within a small, exclusive community on the pristine island of Tierra Verde. Featuring 4 bedrooms, 4 full bathrooms, and 1 half bath, it provides generous space for everyone. Pass through the lush, fenced courtyard and double doors into a grand foyer that introduces one of the home’s most striking features — a temperature-controlled walk-in wine cellar for up to 500 bottles. The chef’s kitchen impresses with wood cabinetry, central island, stainless steel upscale appliances, three ovens, new refrigerator, beverage fridge, ice maker, and a dedicated coffee counter. A side bar enhances the space for entertaining, all framed by serene saltwater canal views. The kitchen opens to the breakfast bar and the expansive living/dining areas, perfect for gatherings. The contemporary fireplace wall leads to the waterfront patio — ideal for grilling, lounging, and watching dolphins and manatees swim by. The community’s waterside pool is only steps away. Upstairs, the primary suite is a true sanctuary with high ceilings, private balcony, and breathtaking views. The spa-inspired en-suite features a freestanding tub, dual vanities, walk-in shower, and a spacious closet. Two additional guest suites are thoughtfully positioned across the hall. A same-floor laundry and bonus flex area just few steps away (office, gym, or extra storage) add convenience. Below, the street-level 2-car garage sits beneath a large mother-in-law suite with kitchenette, living area, walk-in closet, and full bath — perfect for guests, extended family, or a private workspace. For peace of mind, hurricane shutters protect the waterside windows, and no flood damage occurred during the 2024 storms. Major updates include a new composite deck (2022) — the largest in the community — newer roof (2021), dock (2019), new motors/gears/cables (2021), updated HVACs (2018/2019), new water heater (2024), upgraded tankless water heater and subpanel, and a 2023 wine cellar installation. Located in a pet-friendly waterfront community that allows two pets, with a pool, walking/biking trail, and quick access to downtown St. Petersburg, Fort De Soto, and Pass-a-Grille Beach, this home offers the perfect blend of privacy, convenience, and pure island living.

Estimated monthly payment

Principal & interest$8,090
Property taxes$1,244
Home insurance (est.)$733
HOA dues$500

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 history181 days on market

  1. Status: Active
    Nov 26, 2025
  2. Listed$1,700,000
    Nov 26, 2025
  3. Price reduced$1,600,000

Virtual Tour

Facts & features

Property type
Residential
Sub type
Townhouse
Status
Active
Days on market
181
Subdivision
Bridgewater Twnhms
County
Pinellas
Year built
1992
Living area
3,300 sq ft
Price/sq ft
$485
Lot size
4,221 sq ft
Lot category
0 to less than 1/4
Flood zone
AE (12103C0286H)
Garage
2 spaces
Annual taxes
$14,933 (2024)
Parcel #
20-32-16-11350-000-0060
Zoning
RM-15
MLS #
TB8451816

Interior Details

Bedrooms
4
Full bathrooms
4
Half bathrooms
1
Flooring
Carpet, Ceramic Tile, Luxury Vinyl
Appliances
Bar Fridge, Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
Interior features
Built-in Features, Ceiling Fans(s), Crown Molding, Dry Bar, Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Window Treatments
Laundry
Laundry Room
Stories / Levels
Two
Direction faces
West
Fireplace
Yes
In-law suite
Yes

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Garage spaces
2
Attached garage
Yes

HOA & Financial

HOA fee
$500 / Monthly
Monthly HOA
$500/mo
Total monthly fees
$500/mo
Total annual fees
$6,000
HOA name
Bridgewater Townhomes
CDD
No
Homestead exemption
Yes
Min lease term
1 Month
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
Check with HOA Rules & Regs
Approval process
Check with HOA Rules & Regs

Exterior & Construction

Exterior features
Courtyard, Hurricane Shutters, Sidewalk, Sliding Doors
Construction materials
Block, Stucco
Roof
Shingle
Foundation
Crawlspace, Slab
Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
BB/HS Internet Available, Electricity Available, Phone Available, Public, Sewer Connected, Water Connected

Community

Pets allowed
Cats OK, Dogs OK, Yes

Room Details

RoomLevelDimensions
KitchenFirst20x20
Living RoomFirst20x14
Bedroom 1Second
Bedroom 2Second
Bedroom 3Second
Primary BedroomSecond

Listing Details

Listing date
2025-11-26
On market date
2025-11-26
Original list price
$1,700,000
Occupant type
Owner
MLS area
33715 - St Pete/Tierra Verde
Listing AOR
Suncoast Tampa
Status changed
2025-11-26
Tax legal description
BRIDGEWATER TOWNHOMES PHASE I LOT 6, TOGETHER WITH USE OF BOAT SLIP 4

Flood risk

High riskFEMA Zone AEPanel 12103C0286H

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

275 S to Pinellas Bayway S to Bridgewater community. Residence 6 is unit 106 on the waterside.

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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 May 26, 2026 at 10:57 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