$1,099,000
487 Pinellas Bayway
St Petersburg, FL 33715
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
BIG PRICE REDUCTION! Tucked into Tierra Verde, this property gives you that “I’m on vacation” feeling the moment you arrive. Set along the new bike path and just minutes from Fort De Soto Park/Beach and Pass-a-Grille beach, this unit is an easy choice for anyone who wants to be close to the water without giving up everyday convenience. The main townhome offers 3 bedrooms and 2.5 bathrooms, with a layout that feels both open and practical. The kitchen was thoughtfully renovated with upgraded cabinet storage in mind, including pull-out shelving that makes organizing and accessing everything much easier. The primary bedroom includes a 3rd floor loft-style bonus space—perfect for a home office, reading nook, extra storage, or even a tucked-away sleeping area. Upstairs, the third bedroom has an additional flex space that could be used as storage or potentially expanded into another bathroom. There's even the ability to add an elevator if your heart desires! Out back, there’s a covered patio that works well for relaxing or entertaining year-round, along with a mature cactus garden featuring unique species—including dragonfruit cactus that will produce fruit. Above the detached two-car garage, there’s a separate 1-bedroom, 1-bath apartment. Whether you use it for guests, extended family, or an office/work space, it adds a lot of flexibility to the property. The home has been well cared for by its original owners and includes thoughtful updates like a newer roof (about a year old), a reverse osmosis system under the kitchen sink, and a whole-house water softener. The community pool sits right on the water, making it an easy spot to unwind at the end of the day. And for peace of mind—this property had no flooding or damage from recent storms, including Helene and Milton. If you’ve been looking for a place that blends coastal living with versatility and solid upkeep, this one is worth a closer look.
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 history21 days on market
- Status: ActiveMay 5, 2026
- Listed$1,199,000May 5, 2026
- Price reduced$1,099,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Townhouse
- Status
- Active
- Days on market
- 21
- Subdivision
- Bridgewater Twnhms
- County
- Pinellas
- Year built
- 1995
- Living area
- 2,970 sq ft
- Price/sq ft
- $370
- Lot size
- 3,899 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE (12103C0286H)
- Garage
- 2 spaces
- Annual taxes
- $2,962 (2025)
- Parcel #
- 20-32-16-11352-000-0140
- Zoning
- RM-15
- MLS #
- TB8505494
Interior Details
- Bedrooms
- 4
- Full bathrooms
- 3
- Half bathrooms
- 1
- Flooring
- Carpet, Luxury Vinyl, Tile
- Appliances
- Built-In Oven, Cooktop, Dishwasher, Dryer, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Washer, Water Softener
- Interior features
- Ceiling Fans(s), Crown Molding, Eat-in Kitchen, PrimaryBedroom Upstairs, Solid Wood Cabinets, Stone Counters
- Laundry
- Inside, Laundry Room
- Stories / Levels
- Three Or More
- Direction faces
- Northwest
- In-law suite
- Yes
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
HOA & Financial
- HOA fee
- $1,500 / Quarterly
- Monthly HOA
- $500/mo
- Total monthly fees
- $500/mo
- Total annual fees
- $6,000
- HOA name
- Ben Davis
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 1 Month
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Buyer/buyer agent to confirm with the association directly.
- Approval process
- Buyer/buyer agent to confirm with the association directly.
Exterior & Construction
- Exterior features
- Awning(s), Balcony, Courtyard, Rain Gutters
- Construction materials
- Block, Stucco
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt, Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
Community
- Pets allowed
- Cats OK, Dogs OK, Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | Second | 22.1x22.9 |
| Living Room | First | 16.1x24.1 |
| Loft | Second | 11.7x13.1 |
| Kitchen | First | 14.7x14.2 |
Listing Details
- Listing date
- 2026-05-05
- On market date
- 2026-05-05
- Original list price
- $1,199,000
- Occupant type
- Vacant
- MLS area
- 33715 - St Pete/Tierra Verde
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-05-05
- Tax legal description
- BRIDGEWATER TOWNHOMES PHASE III LOT 14
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
275 S to Pinellas Bayway S to Bridgewater community.
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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 26, 2026 at 6:07 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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