BIG PRICE DROP! Behind the gates of the historic Magdalena building lies one of Old Northeast’s most enchanting and architecturally significant hidden gems. Residence #12 presents an exceedingly rare opportunity to own the LARGEST floor plan within this intimate 15-residence Mediterranean enclave, where timeless character, lush courtyard living, and an unrivaled location converge to create a truly elevated living experience. Positioned in a coveted non-flood zone just moments from downtown St. Petersburg and the waterfront serenity of Coffee Pot Bayou, the Hegrado evokes the romance and sophistication of a boutique European retreat. Centered around a breathtaking tropical courtyard adorned with swaying palms, vibrant landscaping, and a tranquil fountain centerpiece, the community offers an atmosphere rarely replicated in Tampa Bay. Privately situated as a two-story corner residence, Unit #12 is bathed in extraordinary natural light and lives with the scale and presence more commonly associated with a luxury townhome than a condominium. Rich architectural details blend seamlessly with refined modern enhancements, creating a residence that feels both timeless and curated. Refinished hardwood flooring completed in 2024, new tile flooring, updated lighting and plumbing fixtures, fresh designer paint, and thoughtfully integrated custom cabinetry elevate the interiors with understated sophistication. The kitchen is both elegant and functional, appointed with granite countertops, shaker-style cabinetry, and a GE stainless steel appliance suite, while the den is distinguished by a stunning tongue-and-groove ceiling detail that adds warmth, texture, and architectural depth. Every space throughout the residence has been thoughtfully refined to preserve the historic soul of the building while embracing modern luxury and livability. Residences within the Hegrado seldom become available—particularly one of this caliber, scale, and positioning. For the discerning buyer seeking historic significance, architectural charm, walkable urban convenience, and the ambiance of a private Mediterranean sanctuary in the heart of Old Northeast, Residence #12 represents a truly exceptional offering.