Property
ActiveResidential
1/43
$1,750,000

503 LAGUNA DRIVE

Tierra Verde, FL 33715
3
Beds
4
Baths
2,667
SqFt
0.24
Acres
STELLAR
#TB8512948
Updated: Jun 28, 2026, 5:38pm

Property Description

On one of Tierra Verde’s finest waterways, where two wide channels meet, 503 Laguna Drive commands panoramic water views across a broad, sheltered basin from a rare 14-foot elevation that kept the home and garage untouched by flooding through the storms of 2024. The dock was rebuilt in 2025 on deep, protected water and carries a boat lift that has hosted a 30-foot cruiser, plus twin davits, open decking, and a lighted landing with quick access to the Intracoastal and the Gulf.

Inside, a soaring great room anchors the home with two-story ceilings, four massive timber beams, a whitewashed stone double-sided fireplace, and walls of glass that slide open to the pool deck. The kitchen offers granite counters, double wall ovens, an island cooktop, freshly repainted cabinetry, a generous walk-in pantry, and French doors to a private terracotta screened-in courtyard made for grilling, while the formal dining room sits in a turret of arched windows just off the foyer.

The first-floor primary suite lives step-free from bedroom to pool deck, a combination rarely found in an elevated home and includes a fitted walk-in dressing room with a brand-new skylight, pass-through access to the laundry, and a dual-vanity bath with vessel sinks, a jetted garden tub, and a separate shower. Upstairs, a loft office overlooks the great room, and two vaulted bedrooms share a hall bath, one opening to a covered deck where the view stretches across the basin and down both channels.

Enormous outdoor living area within a two-story screened enclosure with 122 newly replaced screens: a large heated pool, roughly eight feet deep and fully resurfaced with new tile, marble, and granite, a raised piano shaped spa with waterfall, a covered lanai with bar, sink, and beverage refrigerator, swing seating at the water’s edge, and a rebuilt spiral stair to the upper deck, where all wood and railings were replaced within the past year.

Recent updates continue throughout: roof (May 2025), water heater 2025, A/C systems (2023 and 2021), pool pump (2026), new flooring, new garage doors, freshly epoxied driveway, smart lighting, and keypad entry. Concrete block construction anchors the lower structure and garage beneath oversized framing above.

Tierra Verde offers a rare combination of privacy, boating access, and proximity to everything that makes the Florida lifestyle so compelling. For boaters, few places compare: immediate access to the Intracoastal and open Gulf waters, deep protected canals, and a relaxed island character where daily life revolves naturally around the water. And the island sits slightly removed from the rush of the mainland, yet only minutes from Fort De Soto Park, Pass-a-Grille, and the museums, dining, and energy of downtown St. Petersburg.
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Included Appliances
Built-In OvenCooktopDishwasherDryerRefrigeratorWasher

Property Details

Highlights
Waterfront
Yes
Interior
Additional Rooms
Formal Dining Room Separate
Appliances
Built-In OvenCooktopDishwasherDryerRefrigeratorWasher
Bathrooms Total Decimal
3.5
Building Area Total
3926
Cooling
Central Air
Fireplace Features
Living RoomWood Burning
Flooring
CarpetVinyl
Furnished
Unfurnished
Heating
Central
Interior Features
Cathedral Ceiling(s)Open FloorplanPrimary Bedroom Main FloorVaulted Ceiling(s)Walk-In Closet(s)
Laundry Features
InsideLaundry Room
Living Area
2667
Rooms Total
10
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
BlockStucco
Direction Faces
South
Foundation Details
Other
Levels
Two
Living Area Source
Public Records
Living Area Units
Square Feet
Num Timesper Year
4
Roof
Shingle
Stories Total
2
Year Built
1985
Site & Exterior
Covered Spaces
2
Exterior Features
BalconyIrrigation System
Flood Zone Code
AE
Garage Dimensions
24x21
Garage Spaces
2
I D X Participation
Yes
Lot Size Acres
0.24
Lot Size Area
10589
Lot Size Dimensions
55.1 x 115
Lot Size Square Feet
10589
Lot Size Units
Square Feet
Pool Features
In Ground
Public Survey Range
16
Public Survey Section
17
Road Surface Type
Paved
Sewer
Public Sewer
Spa Features
HeatedIn Ground
Total Acreage
0 to less than 1/4
Utilities
BB/HS Internet AvailableCable AvailableElectricity ConnectedSewer ConnectedWater Connected
Water Access
Yes
Water Body Name
BABY GRAND / PINE KEY CUTOFF
Water Extras
Yes
Water Source
Public
Water View
Yes
Waterfront
Yes
Waterfront Features
Canal - Saltwater
Waterfront Feet Total
55
Zoning
R-2
Financials
Association Fee
14
Association Fee Frequency
Quarterly
Calculated List Price By Calculated Sq Ft
656.17
Contract Status Change Date
2026-06-17
Current Price
1750000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
1 Month
Monthly H O A Amount
4.67
Ownership
Fee Simple
Parcel Number
173216908280130180
Public Survey Township
32
Tax Annual Amount
10337.74
Tax Block
13
Tax Book Number
57-42
Tax Legal Description
TIERRA VERDE UNIT 1 BLK 13, LOT 18
Tax Lot
18
Tax Year
2025
Total Annual Fees
56
Total Monthly Fees
4.67

Neighborhood & Lifestyle

Community & Association
Additional Lease Restrictions
See TVCA rules for clarification.
Association Amenities
Pickleball Court(s)PlaygroundTennis Court(s)
Association Email
tassn@tampabay.rr.com
Association Fee Requirement
Required
Association Name
TVCA
Association Phone
727-867-9362
Association U R L
tierraverdecommunityassociation.org
Community Features
Deed RestrictionsGolf Carts OKIrrigation-Reclaimed WaterPlaygroundTennis Court(s)
Lease Restrictions
Yes
M L S Area Major
33715 - St Pete/Tierra Verde
Pets Allowed
Yes
Subdivision Name
TIERRA VERDE
Schools
Ratings
Elementary
Gulfport Elementary-PN
Middle
Bay Point Middle-PN
High
Lakewood High-PN
Listing provided courtesy of STELLAR via IDX. Updated: Jun 28, 2026, 5:38pm.
Andrew Salamone

Listing Agent

COMPASS FLORIDA LLC

Call Agent