
487 PINELLAS BAYWAY S 207, ST PETERSBURG, FL 33715
BRIDGEWATER TWNHMS · Pinellas County
Key Facts
Description
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.
Property Information
Property Type
Residential
Sub-Type
Townhouse
Year Built
1995
Stories
3
Living Area
2,970 sq ft
Lot Size
0.09 acres
Garage Spaces
2
Ownership
Fee Simple
Zoning
RM-15
Days on Market
66
MLS® Listing#
TB8505494
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Parking
Laundry
Patio
Construction
Foundation
Roof
Community
Utilities
Sewer
Water Source
Rooms
- Kitchen14.7x14.2First
- Living Room16.1x24.1First
- Loft11.7x13.1Second
- Master Bedroom22.1x22.9Second
Financial Details
HOA
$1,500 / Quarterly
Ben Davis
Annual Taxes
$2,962
Tax year 2025
Parcel Number
20-32-16-11352-000-0140
Directions
275 S to Pinellas Bayway S to Bridgewater community.
Affordability Calculator
$199,800
Estimated monthly payment
$5,317/mo
Principal $799,200 · Est. interest $1,114,955 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in ST PETERSBURG, FL
- $466,175
- Median Listing Price
- 90
- Median Days on Market
- 1,750
- Median Sq Ft
- $254
- Median Price / Sq Ft
- 7,892
- Active Listings
- This home’s price is 114% above the area median.
- Its price per sq ft is 32% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in ST PETERSBURG, FL.
Location
Map is currently unavailable for this location.
Points of Interest in ST PETERSBURG, FL
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Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 629 6TH AVENUE N, ST PETERSBURG, FL | $699,900 | 3 | 2 | 1,277 |
| 123 Desoto Street, Port St Joe, FL | $699,900 | 4 | 3 | 2,432 |
| 4245 HENRY J AVENUE, ST CLOUD, FL | $699,900 | 4 | 4 | 2,181 |
| 4750 CYPRESS FOREST LANE, ST CLOUD, FL | $699,900 | 6 | 4 | 4,239 |
| 3600 1ST AVENUE S, ST PETERSBURG, FL | $699,900 | 4 | 3 | 2,328 |
| 995 GARRISON DRIVE, ST AUGUSTINE, FL | $699,900 | 5 | 3 | 2,603 |
Moving Cost Estimate
EXIT Agents in ST PETERSBURG
Listing Courtesy: KELLER WILLIAMS TAMPA CENTRAL - 813-865-0700
Last Updated: 2026-05-05

















