$579,000
5245 Venice Way
St Petersburg, FL 33703
Listing updated: May 20, 2026 at 9:57 AM ET
Listing courtesy of The Key Group · Amanda Bursik · MLS #TB8477793 · Active · 727-894-5454Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
One or more photo(s) has been virtually staged. Within the beautiful, guard-gated community of Placido Bayou, this well maintained three-bedroom, two-bath home offers 1,898 square feet of inviting living space designed for both relaxed living and effortless entertaining. From the moment you step through the doors, soaring ceilings and an abundance of natural light create a sense of grandeur and openness. The desirable split floor plan includes formal living and dining rooms, a spacious family room, and a versatile enclosed sunroom, providing flexibility for any lifestyle. The kitchen features an extended breakfast bar that seamlessly connects to the family room, making it ideal for gatherings and everyday living. The generous primary suite is tucked away at the front of the home and offers a tranquil escape with en suite bath and walk-in closet. Two additional bedrooms are located on the opposite side of the home, sharing a full bath to ensure both privacy and comfort. The enclosed sunroom is flexible space, ideal for a home office, play room, home gym, or game room. Step outside to your own backyard sanctuary. The expansive yard is framed by mature landscaping and provides an ideal setting for outdoor dining, entertaining, or quiet relaxation. With lawn care included through the HOA, the outdoor spaces remain pristine with ease. Additional highlights include an interior laundry room, wet bar, a spacious two-car garage, and high elevation with NO HISTORY OF FLOODING. Currently decorated in an old Florida style, and ready to be embraced or made your own. Life in Placido Bayou is truly exceptional, enjoy picturesque lakes perfect for fishing, shaded trails for walking or jogging, and the serene beauty of lush trees and Florida native landscaping. All of this is conveniently located just minutes from downtown St. Petersburg’s vibrant waterfront, with easy access to an array of dining options, boutique shopping, world-class arts, cultural and sporting events. Beaches, airports, and golf courses are also just a short drive away, and the Racquet Club of St Petersburg is at the entry of the neighborhood, where you can enjoy both pickleball and tennis! Welcome home, unwind and enjoy the tranquility of your own Florida paradise!
Local Insight
At $305/sqft, you're paying solid mid-market for a 1989 home in an HOA community with a hefty $338/month fee, so factor that into your true cost of ownership—it's essentially adding $4K annually to what you'd pay elsewhere. The real concern here is the AE flood zone designation, which typically means mandatory flood insurance and potential restrictions on future renovations or refinancing, so get a flood quote before you commit and understand what that actually costs long-term. The tight 0.18-acre lot in Placido Bayou limits expansion potential, but if you're looking for waterfront proximity without waterfront pricing, this could work—just go in knowing the flooding risk is the primary trade-off you're making for the location.
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 history91 days on market
- Status: ActiveFeb 19, 2026
- Listed$625,000Feb 18, 2026
- Price reduced$579,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 91
- Subdivision
- Placido Bayou
- County
- Pinellas
- Year built
- 1989
- Living area
- 1,898 sq ft
- Price/sq ft
- $305
- Building area
- 2,449 sq ft (Public Records)
- Lot size
- 7,910 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE (12103C0209H)
- Garage
- 2 spaces
- Annual taxes
- $3,368 (2025)
- Parcel #
- 05-31-17-71915-001-0050
- Zoning
- 000
- MLS #
- TB8477793
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Flooring
- Carpet, Ceramic Tile, Linoleum
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
- Interior features
- Attic Ventilator, Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Primary Bedroom Main Floor, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
- Laundry
- Electric Dryer Hookup, Laundry Room, Washer Hookup
- Stories / Levels
- One
- Direction faces
- West
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air, Attic Fan
Parking
- Garage spaces
- 2
- Attached garage
- Yes
- Parking features
- Driveway, Garage Door Opener
HOA & Financial
- HOA fee
- $338 / Monthly
- Monthly HOA
- $338/mo
- Total monthly fees
- $338/mo
- Total annual fees
- $4,056
- HOA name
- Amanda Hyman
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 1-2 Years
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- 12 MONTH MINIMUM LEASE
- Approval process
- BUYER TO VERIFY WITH HOA.
Exterior & Construction
- Exterior features
- Hurricane Shutters, Lighting
- Construction materials
- Block, Stucco, Frame
- Roof
- Tile
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Sprinkler Recycled, Water Connected
Community
- Pets allowed
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 18x25 |
| Primary Bedroom | First | 11x16 |
| Florida Room | First | 17x18 |
| Dining Room | First | 11x17 |
| Dinette | First | 10x8 |
| Bedroom 2 | First | 11x12 |
| Bedroom 3 | First | 11x11 |
| Kitchen | First | 10x14 |
Listing Details
- Listing date
- 2026-02-18
- On market date
- 2026-02-18
- Original list price
- $625,000
- Occupant type
- Vacant
- MLS area
- 33703 - St Pete
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-02-19
- Tax legal description
- PLACIDO BAYOU UNIT 3 BLK 1, LOT 5 & N 15.16FT OF LOT 4
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
Take 47th Ave to Placido Bayou Guard Gate. Turn left at 4-way stop. Turn left onto Venice Way NE. Home is on your right.
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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 May 20, 2026 at 9:57 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.
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