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About this home
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 $949,000 (about $320/sqft), 159 days on market. Flood zone AE - confirm flood insurance requirements with your lender. HOA runs $1,500 quarterly.
PRICE REDUCED....AGAIN! 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.
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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
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Sample: 19 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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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues 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
$949,000
$320 per sq ft
Beds and baths
4 beds, 4 baths
Size
2,970 sq ft
Time on market
159 days
Year built
1995
Monthly payment
About $6,170/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,962 annual tax bill, insurance, and the $1,500/qtr HOA fee.
HOA fee
$1,500/qtr
Managed by Ben Davis.
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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