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$949,000

487 Pinellas Bayway

Saint Petersburg, FL
Active
4
Bedrooms
3.5
Bathrooms
2,970
Square Feet
0.09
Lot Size (acres)
1995
Year Built
152
Days On Market

PRICE REDUCED....AGAIN! 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.

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Listing Information

Listing Updated
16 days ago
Listed By
Jason Papi, LLC, 8137638014 · KELLER WILLIAMS TAMPA CENTRAL, 8138650700
MLS#
TB8505494
Source
Stellar MLS
Status
Active

Facts & Features

Location

Community Information

Address
487 Pinellas Bayway #207, Saint Petersburg, FL 33715
City
Saint Petersburg
County
Pinellas
Neighborhood
BRIDGEWATER TWNHMS
Zip Code
33715

Architecture

Bedrooms
4
Bathrooms
3.5
Stories
3
Year Built
1995
Construction Materials
Stucco, Block
Building Area
2,970 sq. ft.
Foundation
Slab
Roof
Shingle
Levels
Three Or More
Garage
Yes
Garage Spaces
2
Parking Features
Attached

Features & Amenities

Interior Features
Eat-in Kitchen, In-Law Floorplan, Crown Molding, Stone Counters
Appliances
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Range, Cooktop, Water Softener
Flooring
Tile, Carpet
Exterior Features
Awning(s), Balcony, Rain Gutters, Courtyard
Patio and Porch
Screened, Rear Porch
Community Features
Pool
Cooling
Central Air
Heating
Electric, Central

Property Features

Lot Size
0.09 Acres
Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Sewer Connected, Water Connected

Square Footage

Total
2,970 sq. ft.

Tax & Financial Information

List Price
$949,000
Annual Taxes
$2,961
Association Fee
$1,500 (paid Quarterly)
Fee Includes
Trash, Maintenance Grounds, Water, Sewer, Cable TV

Schools

74/100
Gulfport Montessori Elementary School
Elementary · Grades PK–05 · 4.7 mi
City
Gulfport
Students
622
Parent reviews
5.0★ avg · 1 review
Student body
64% Black · 22% White · 10% Hispanic / Latino
Free/reduced lunch
76%
Phone
(727) 893-2643
72/100
Maximo Elementary School
Elementary · Grades PK–05 · 4.1 mi
City
St Petersburg
Students
454
Parent reviews
5.0★ avg · 1 review
Student body
80% Black · 9% Hispanic / Latino · 8% White
Free/reduced lunch
87%
Phone
(727) 893-2191
71/100
Gulf Beaches Elementary Magnet School
Elementary · Grades PK–05 · 5 mi
City
Saint Petersburg
Students
306
Parent reviews
4.5★ avg · 4 reviews
Student body
74% White · 14% Hispanic / Latino · 9% Two or More Races
Free/reduced lunch
31%
Phone
(727) 893-2630
55/100
Ami Kids Pinellas
7th & Above · Grades 06–12 · 1.7 mi
City
Saint Pete Beach
Students
21
Student body
52% White · 33% Black · 10% Two or More Races
Free/reduced lunch
62%
Phone
(727) 588-6069
55/100
Lakewood High School
High · Grades 09–12 · 4.9 mi
City
St Petersburg
Students
1,012
Student body
47% Black · 34% White · 11% Hispanic / Latino
Free/reduced lunch
53%
Phone
(727) 893-2916
54/100
Ami Kids Center For Personal Growth
Grades M–M · 1.7 mi
City
Saint Petersburg
Students
39
Student body
49% White · 33% Black · 13% Hispanic / Latino
Free/reduced lunch
77%
Phone
(727) 471-0390
53/100
Northstar Academy
Grades M–M · 4.1 mi
City
St Petersburg
Students
81
Student body
84% Black · 10% White · 5% Hispanic / Latino
Free/reduced lunch
63%
Phone
(863) 255-6089
53/100
Bay Point Elementary School
Elementary · Grades PK–05 · 4.3 mi
City
St Petersburg
Students
627
Student body
66% Black · 15% White · 11% Hispanic / Latino
Free/reduced lunch
63%
Phone
(727) 552-1449

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
09/17/2026Price change$949,000
05/05/2026Listed for sale$1,199,000

Listed by Jason Papi, LLC · KELLER WILLIAMS TAMPA CENTRAL · 8138650700

Listing information 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. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Stellar MLS. All rights reserved.

Last Updated: September 17, 2026 at 8:21 PM | Source: Stellar MLS | MLS#: TB8505494

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