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 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 Details
Price:
$999,000
MLS #:
TB8505494
Status:
Active
Beds:
4
Baths:
3.5
Type:
Townhouse
Subdivision:
BRIDGEWATER TWNHMS
Neighborhood:
33715stpetetierraverde
Listed Date:
May 5, 2026
Finished Sq Ft:
2,970
Total Sq Ft:
2,970
Lot Size:
3,899 sqft / 0.09 acres (approx)
Year Built:
1995
See this Listing
Schools
Interior
Appliances
Built-In Oven, Cooktop, Dishwasher, Dryer, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Washer, Water Softener
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Carpet, Luxury Vinyl, Tile
Heating
Central, Electric
Interior Features
Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, PrimaryBedroom Upstairs, Solid Wood Cabinets, Stone Counters
Laundry Features
Inside, Laundry Room
Levels
Three Or More
Exterior
Attached Garage YN
1
Community Features
Dock, Water Access, Waterfront, Buyer Approval Required, Deed Restrictions, Pool
Construction Materials
Block, Stucco
Covered Spaces
2
Direction Faces
Northwest
Exterior Features
Awning(s), Balcony, Courtyard, Rain Gutters
Garage Spaces
2
Patio And Porch Features
Rear Porch, Screened
Roof
Shingle
Waterfront Features
Waterfront
Financial
HOA Fee
$1,500
HOA Fee Frequency
Quarterly
HOA Includes
Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
HOA Name
Ben Davis
HOA Phone
727-867-9362
Tax Year
2025
Taxes
$2,962
Map
Community
- Address487 PINELLAS BAYWAY S UNIT 207 ST PETERSBURG FL
- SubdivisionBRIDGEWATER TWNHMS
- CityST PETERSBURG
- CountyPinellas
- Zip Code33715
Subdivisions in ST PETERSBURG
Market Summary
Current real estate data for Townhouse in ST PETERSBURG as of Aug 29, 2026
158
Townhouse Listed
135
Avg DOM
344
Avg $ / SqFt
$700,403
Avg List Price
Property Summary
- Located in the BRIDGEWATER TWNHMS subdivision, 487 PINELLAS BAYWAY S UNIT 207 ST PETERSBURG FL is a Townhouse for sale in ST PETERSBURG, FL, 33715. It is listed for $999,000 and features 4 beds, 4 baths, and has approximately 2,970 square feet of living space, and was originally constructed in 1995. The current price per square foot is $336. The average price per square foot for Townhouse listings in ST PETERSBURG is $344. The average listing price for Townhouse in ST PETERSBURG is $700,403. To schedule a showing of MLS#tb8505494 at 487 PINELLAS BAYWAY S UNIT 207 in ST PETERSBURG, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
Similar Listings Nearby
Courtesy of KELLER WILLIAMS TAMPA CENTRAL. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 487 PINELLAS BAYWAY S UNIT 207
ST PETERSBURG, FL
