501 Bay Drive, FL
Stellar MLS
1 / 1

$172,000

501 Bay DriveLargo, FL 33770

Listing updated: November 2, 2026 at 6:10 PM ET

Active
Stellar MLSListing courtesy of Future Home Realty Inc · Lea Lagueux · MLS #TB8552030 · Active · 813-855-4982
2
Beds
2
Baths
816
Sq Ft
10
Acres
1975
Built
◆10 acres◆$211/sqft◆360° tour
Townhouse

Property type

1975

Year built

469,266 sqft

Lot size

$211

Price / sq ft

No HOA

HOA dues

38

Days on market

X

Flood zone

About this home

Looking for a home where you can walk to the park, library, restaurants and neighborhood favorites — and still be just minutes from the Gulf beaches? This townhome-style condo near Largo Central Park offers something else condo buyers appreciate: no neighbors above or below, plus your own outdoor space both upstairs and down. In other words, no footsteps overhead and no one living under yours. Inside, easy-care tile and wood laminate flooring runs throughout the home — no carpet to baby, shampoo or apologize for. The primary bedroom opens to its own private balcony overlooking the garden area at the rear of the townhome, while downstairs a private patio with a gas grill creates another inviting spot to relax or entertain. Several important improvements have already been completed, including impact windows installed in 2024, a new A/C system in 2024 and a roof approximately three years old. Roof maintenance and replacement are handled by the condo association. The kitchen also features a newer (2024) stainless steel French-door, counter-depth refrigerator. The location is a real standout. A gated rear entrance, accessible only to Magnolia Square residents with a key, provides convenient access to the Largo Public Library, with Largo Central Park just across the street. Shops, restaurants, a neighborhood pub and other everyday conveniences are nearby, while the barrier-island beaches are only about 4.4 miles away. And a nice bonus for EV drivers: the library parking lot has EV charging stations, because apparently even your car gets a neighborhood amenity. The home includes an assigned covered parking space, and Magnolia Square residents enjoy a community pool, tennis courts and clubhouse. Monthly condo dues also include water, sewer, trash collection, building insurance, exterior building and grounds maintenance, and reserve funding. Whether you're looking for your first home, a Florida getaway or simply a low-maintenance home in a location where you can leave the car parked more often, this one offers a combination of privacy, outdoor living, recent improvements and convenience that's hard to find.

Estimated monthly payment

Principal & interest$870
Property taxes$224
Home insurance (est.)$79

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 history38 days on market

  1. Status: Active
    Sep 25, 2026
  2. Listed$172,000
    Sep 25, 2026

Facts & features

Property type
Residential
Sub type
Townhouse
Status
Active
Days on market
38
Subdivision
Magnolia Square Condo Inc
County
Pinellas
Year built
1975
Living area
816 sq ft
Price/sq ft
$211
Lot size
469,266 sq ft
Lot category
10 to less than 20
Flood zone
X
Annual taxes
$2,689 (2025)
Parcel #
34-29-15-54451-028-0030
MLS #
TB8552030

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Interior Details

Bedrooms
2
Full bathrooms
1
Half bathrooms
1
Flooring
Ceramic Tile, Laminate
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Interior features
Ceiling Fans(s), Living Room/Dining Room Combo, PrimaryBedroom Upstairs, Solid Wood Cabinets
Laundry
In Kitchen
Stories / Levels
Two
Direction faces
East

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Parking features
Assigned, Guest
Carport
Yes

HOA & Financial

Total monthly fees
$535/mo
Total annual fees
$6,420
HOA name
D. J. Gooch
CDD
No
Min lease term
2 Months
Listing terms
Cash, Conventional, FHA, VA Loan
Ownership
Condominium
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
Leasing allowed after two years of ownership, 5% Cap on the total number of units allowed to be leased at one time. See attached most recent leasing rules.
Approval process
Owner must apply to board to be allowed to rent. Then if board approves unit as being under the 5% Cap, tenant application and lease submitted to association management. See uploaded rental rules for details.

Exterior & Construction

Exterior features
Balcony, Outdoor Grill
Construction materials
Block
Roof
Shingle
Foundation
Slab
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected

Community

Pets allowed
Yes

Room Details

RoomLevelDimensions
Living RoomFirst13x19
KitchenFirst7x14
Primary BedroomSecond9x16
Bedroom 2Second11x12

Listing Details

Listing date
2026-09-18
On market date
2026-09-25
Original list price
$172,000
Occupant type
Vacant
MLS area
33770 - Largo/Belleair Bluffs
Listing AOR
Suncoast Tampa
Status changed
2026-09-25
Tax legal description
MAGNOLIA SQUARE CONDO INC BLDG 28, UNIT C AKA: UNIT 28-C (702)

Flood risk

Minimal riskFEMA Zone X

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

From U.S. 19 and East Bay Dr (Fla 686), west on E. Bay Drive to Fourth St. in Largo, make a U Turn, community entrance to Magnolia Square is first turn on your right. Turn right into community, then first right, follow street to end. Unit 702 will be on your right. Guest parking is marked by yellow curbs.

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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 November 2, 2026 at 6:10 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.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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