Property
ActiveTownhome
1/60
$1,099,000

487 PINELLAS BAYWAY 207

St Petersburg, FL 33715
4
Beds
4
Baths
2,970
SqFt
0.09
Acres
STELLAR
#TB8505494
Updated: May 26, 2026, 8:53pm

Property Description

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.
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Included Appliances
Built-In OvenCooktopDishwasherDryerKitchen Reverse Osmosis SystemMicrowaveRangeRefrigeratorWasherWater Softener

Property Details

Interior
Appliances
Built-In OvenCooktopDishwasherDryerKitchen Reverse Osmosis SystemMicrowaveRangeRefrigeratorWasherWater Softener
Bathrooms Total Decimal
3.5
Building Area Total
2970
Cooling
Central Air
Flooring
CarpetLuxury VinylTile
Furnished
Unfurnished
Heating
CentralElectric
Interior Features
Ceiling Fan(s)Crown MoldingEating Space In KitchenPrimaryBedroom UpstairsSolid Wood CabinetsStone Counters
Laundry Features
InsideLaundry Room
Living Area
2970
Rooms Total
4
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
BlockStucco
Direction Faces
Northwest
Foundation Details
Slab
Levels
Three Or More
Living Area Source
Public Records
Living Area Units
Square Feet
Roof
Shingle
Stories Total
3
Year Built
1995
Site & Exterior
Covered Spaces
2
Exterior Features
Awning(s)BalconyCourtyardRain Gutters
Flood Zone Code
AE
Garage Spaces
2
I D X Participation
Yes
Lot Size Acres
0.09
Lot Size Area
3899
Lot Size Square Feet
3899
Lot Size Units
Square Feet
Patio And Porch Features
Rear PorchScreened
Public Survey Range
16
Public Survey Section
20
Road Surface Type
AsphaltPaved
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
Electricity ConnectedSewer ConnectedWater Connected
Water Source
Public
Waterfront Features
Waterfront
Zoning
RM-15
Financials
Association Fee
1500
Association Fee Frequency
Quarterly
Association Fee Includes
Cable TVCommon Area TaxesCommunity PoolEscrow Reserves FundMaintenance GroundsPool MaintenanceSewerTrashWater
Calculated List Price By Calculated Sq Ft
370.03
Contract Status Change Date
2026-05-05
Current Price
1099000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
1 Month
Monthly H O A Amount
500
Owner Name
OWNER OF RECORD
Ownership
Fee Simple
Parcel Number
203216113520000140
Public Survey Township
32
Tax Annual Amount
2961.57
Tax Block
000
Tax Book Number
111-38
Tax Legal Description
BRIDGEWATER TOWNHOMES PHASE III LOT 14
Tax Lot
14
Tax Year
2025
Total Annual Fees
6000
Total Monthly Fees
500

Neighborhood & Lifestyle

Community & Association
Additional Lease Restrictions
Buyer/buyer agent to confirm with the association directly.
Association Approval Required
Yes
Association Email
CEO@Coastaleye.com
Association Fee Requirement
Required
Association Name
Ben Davis
Association Phone
727-867-9362
Community Features
DockWater AccessWaterfrontBuyer Approval RequiredDeed RestrictionsPool
Lease Restrictions
Yes
M L S Area Major
33715 - St Pete/Tierra Verde
Pets Allowed
Cats OKDogs OKYes
Subdivision Name
BRIDGEWATER TWNHMS
Listing provided courtesy of STELLAR via IDX. Updated: May 26, 2026, 8:53pm.
Jason Papi, LLC

Listing Agent

KELLER WILLIAMS TAMPA CENTRAL

Call Agent