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487 Pinellas Bayway S #207, St Petersburg, FL, 33715

$336/sqft·Bridgewater Twnhms

4 bd4 ba2,970 sqft2 car garageTownhouse
Listed by KELLER WILLIAMS TAMPA CENTRAL· Last updated · MLS# TB8505494

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Est. monthly payment
$6,456/mo
Down payment (20%)
$199,800
Property taxes
$247/mo
HOA
$1,500/qtr
Rate assumed
6.8% · 30 yr
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At a glance

Townhouse
3 stories · 1995
Community pool
Shared amenity
2 car garage
3,899 sqft lot
Lot size
2,970 sqft
Living area

About this home

Ceiling Fans(s)Crown MoldingEat-in KitchenPrimarybedroom UpstairsSolid Wood CabinetsStone CountersAwning(s)Balcony

487 Pinellas Bayway S #207 is a 1995-built home in Bridgewater Twnhms, St Petersburg. Inside you'll find 4 bedrooms, 4 bathrooms, and 2,970 square feet of living space. Listed at $999,000 (about $336/sqft), 114 days on market. Flood zone AE - confirm flood insurance requirements with your lender. HOA runs $1,500 quarterly.

From the listing

PRICE REDUCED! 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.

The essentials

Built
1995
Price / sqft
$336
On market
129 days
Annual tax
$2,962
HOA
$1,500/qtr
Flood zone
AE
Lot
3,899 sqft
Type
Townhouse

Location

487 Pinellas Bayway S #207
St Petersburg, FL, 33715·33715 - St Pete/Tierra Verde
Type
Townhouse
Year Built
1995
Lot
3,899 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
-
Days on Market
129
Ceiling Fans(s)
Crown Molding
Eat-in Kitchen
Primarybedroom Upstairs
Solid Wood Cabinets
Stone Counters
Awning(s)
Balcony
Courtyard
Rain Gutters
Buyer Approval Required
Deed Restrictions
Pool
Built-in Oven
Cooktop
Dishwasher
Dryer
Kitchen Reverse Osmosis System
Microwave
Range
Refrigerator
Washer
Water Softener
Homestead exemption on fileFlood Zone AE

Annual Tax (2025)

$2,962

Parcel #

20-32-16-11352-000-0140

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Bridgewater Twnhms

County

Pinellas

MLS Area

33715 - St Pete/Tierra Verde

Lot Size

3,899 sqft

HOA
$1,500/qtr
Ben Davis
Date
Event
Price
7/10/2026
Price change
Source: Stellar MLS #TB8505494
$999,000-9.1%
$336/sqft
Price change
Source: Stellar MLS #TB8505494
$1,099,000-8.3%
$370/sqft
5/5/2026
Listed for sale
Source: Stellar MLS #TB8505494
$1,199,000
$404/sqft
Est. monthly payment$6,456/mo
Principal & interest$5,210
Property taxes$247
Insurance$500
HOA$500
Down payment20% · $199,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $999,000
$970,000 – $999,000
97% – 100% of listTops out right at the list price
80% of listList price
7 of the last 13 townhouse or villa closings in 33715 landed at this number or higher (54%). The median one sat 95 days before it went under contract, and this one is on day 129 after a $200,000 cut.

Sample: 13 closed townhouse or villa sales in 33715 over the last 8 months, Stellar MLS. A small sample in a thin market. A starting point, not a guarantee.

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