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About this home
MLS #S5156470 is a 1962-built home in Wave The Condo, St Petersburg. Inside you'll find 2 bedrooms, 2 bathrooms, and 957 square feet of living space. Listed at $135,000 (about $141/sqft), 33 days on market. Flood zone AE - confirm flood insurance requirements with your lender. HOA runs $809.82 monthly.
Excellent opportunity to own a fully furnished and beautifully remodeled 2-bedroom, 1.5-bath condo in The Wave, ideally located in St. Petersburg with convenient access to I-275, Downtown St. Petersburg, shopping, dining, the Gulf beaches, and nearby marina access. Located on the 4th floor with elevator access, this well-maintained unit stands out with quality finishes and extensive interior improvements, including professionally finished knockdown texture throughout the walls and ceilings and modern, high-quality tile flooring throughout the entire condo. The property offers a comfortable and functional layout and comes fully furnished with everything needed for easy, convenient living. The HVAC system was replaced in 2024, providing another important recent upgrade. The unit also includes an assigned parking space, with plenty of additional guest parking available throughout the community. Currently leased at a monthly rate of $1,850 through May 31, 2027, the property offers an attractive investment opportunity with rental income already in place. The current tenant has occupied the property for approximately three years and has been an excellent tenant, adding additional appeal for an investor looking for an established rental. Another great advantage is the property's proximity to Loggerhead Marina. Boating enthusiasts can enjoy convenient access to nearby boating options, while boat owners may find this condo especially appealing as a comfortable St. Petersburg home base for boating weekends, potentially eliminating the recurring need for hotel stays while enjoying time on the water. The Wave offers a community pool, fitness center, secured building access, and other amenities. Whether you are looking for an income-producing property, a future residence, or a convenient home base near the water, this condo offers an excellent combination of condition, location, value, and flexibility.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
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Market insights
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Sample: 156 closed condo sales in St Petersburg over the last 8 months, Stellar MLS. Widened past this ZIP to get a usable sample. A starting point, not a guarantee.
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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.
Quick answers.
Price
$135,000
$141 per sq ft
Beds and baths
2 beds, 2 baths
Size
957 sq ft
Time on market
33 days
Year built
1962
Monthly payment
About $1,793/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,541 annual tax bill, insurance, and the $809.82/mo HOA fee.
HOA fee
$809.82/mo
Managed by David Troy.
Flood zone
Zone AE
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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