1515 Pinellas Bayway, FL
Stellar MLS

$400,000

1515 Pinellas Bayway

St Petersburg, FL 33715

Listing updated: June 7, 2026 at 6:47 AM ET

Active
2
Beds
2
Baths
830
Sq Ft
4.85
Acres
1990
Built
WaterfrontWater accessPrivate pool4.85 acres$482/sqft360° tour
Condominium

Property type

1990

Year built

211,178 sqft

Lot size

$482

Price / sq ft

$849/mo

HOA dues

1

Day on market

AE

Flood zone

About this home

If you're looking for a clean, beautifully updated waterfront condominium with the rare ability to generate short-term rental income, your search ends here. Located in the highly desirable Holiday Island / Wander Residences community, this 2nd floor two-bedroom, two-bathroom residence allows rentals with a minimum three-day rental period and offers beautiful water views, a prime location near the community pool, and an exceptional Tierra Verde lifestyle. The unit has been thoughtfully updated and features a spacious kitchen with solid wood cabinetry, generous counter space, newer appliances, fresh interior paint, and easy-maintenance tile flooring throughout. The well-designed layout lives comfortably, and Florida style furnishings are included, creating a turnkey opportunity with a proven rental history and strong income potential. Residents enjoy resort-style living in this intimate, pet-friendly waterfront community featuring a heated pool, clubhouse, tennis/pickleball courts, billiards room, community grills overlooking the water, kayak and paddleboard storage, laundry facilities, and boat slips available for rent. Recent hurricanes Helene and Milton's storm surge did not cause any water intrusion or structural/property damage. Ideally located in the heart of Tierra Verde, you'll be just minutes from Fort De Soto Park, St. Pete Beach, marinas, waterfront dining, and local island favorites. Walk or bike to nearby restaurants, enjoy live music, explore the scenic bike trail, or spend the day on the water. Downtown St. Petersburg is only 15 minutes away, Tampa International Airport is approximately 40 minutes away, and professional sports, concerts, and entertainment are all within easy reach. Whether you're seeking a full-time waterfront residence, a seasonal island retreat, or an investment property with exceptional rental flexibility, this is a rare opportunity to own a piece of Tierra Verde paradise.

Local Insight

At $482/sqft for a 1990 condo, you're paying a premium largely for the waterfront location and shared amenities like the private pool, but the AE flood zone is a serious consideration that will affect insurance costs and resale appeal—factor in flood insurance beyond that $849 monthly HOA before you commit. The 4.85-acre lot sounds generous on paper, but verify exactly what common space you actually have access to versus what's purely shared; combined with the aging building, ongoing maintenance surprises are something to budget for. Location-wise, Tierra Verde is fairly isolated on the peninsula with limited walkability, so you're really buying the water view and waterfront living—make sure that's worth the trade-off in convenience and accessibility for your lifestyle.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$2,023
Property taxes$449
Home insurance (est.)$183
HOA dues$849

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 history1 days on market

  1. Status: Active
    Jun 7, 2026
  2. Listed$400,000
    Jun 6, 2026
  3. Price increased$400,000

Virtual Tour

Facts & features

Property type
Residential
Sub type
Condominium
Status
Active
Days on market
1
Subdivision
Wander Residences Of Tierra Verde
County
Pinellas
Year built
1990
Living area
830 sq ft
Price/sq ft
$482
Lot size
211,178 sq ft
Flood zone
AE
Pool
Private pool
Annual taxes
$5,390 (2025)
Parcel #
29-32-16-94825-002-0260
MLS #
O6414573

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Interior Details

Bedrooms
2
Full bathrooms
2
Flooring
Tile
Appliances
Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
Interior features
Ceiling Fans(s), Window Treatments
Laundry
Common Area
Stories / Levels
One
Direction faces
South

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Attached garage
No
Parking features
Common, Guest, Open

HOA & Financial

HOA fee
$849 / Monthly
Monthly HOA
$849/mo
Total monthly fees
$849/mo
Total annual fees
$10,188
HOA name
Alex Hall / Wander Residences
CDD
No
Min lease term
1-7 Days
Listing terms
Cash, Conventional, FHA, VA Loan
Ownership
Condominium
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
Check with HOA Regs & Rules
Approval process
Check with HOA Regs & Rules

Exterior & Construction

Exterior features
Balcony, Outdoor Grill, Sidewalk, Storage, Tennis Court(s)
Construction materials
Block, Stucco
Roof
Tile
Foundation
Slab
Pool
Private pool
Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Asphalt

Utilities

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

Community

Pets allowed
Cats OK, Dogs OK, Number Limit, Size Limit

Schools

ElementaryGulfport Elementary-PNGreatSchools ↗
MiddleBay Point Middle-PNGreatSchools ↗
High SchoolLakewood High-PNGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

RoomLevelDimensions
Primary BedroomFirst12x10
Bedroom 2First11x10
Living RoomFirst15x13
KitchenFirst10x9
Dining RoomFirst11x9
Balcony/Porch/LanaiFirst5x22

Listing Details

Listing date
2026-06-06
On market date
2026-06-06
Original list price
$400,000
Occupant type
Owner
MLS area
33715 - St Pete/Tierra Verde
Listing AOR
Orlando Regional
Status changed
2026-06-07
Tax legal description
WANDER RESIDENCES OF TIERRA VERDE CONDO BLDG B, UNIT 26

Flood risk

High riskFEMA Zone AE

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

Pinellas Bayway S, make a U-turn just after the Tierra Verde Park. Turn right into Wander Residences then bear to the right. Building B is across from the clubhouse and unit 26 is on 2nd floor.

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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 June 7, 2026 at 6:47 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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