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About this home
491 1st St S #315 is a 1956-built home in Waterfront Park Apts Co-op, St Petersburg. Inside you'll find 2 bedrooms, 1 bathrooms, and 690 square feet of living space. Listed at $515,000 (about $746/sqft), 14 days on market. Flood zone A - confirm flood insurance requirements with your lender. HOA runs $2,382 semi-annually.
LOCATION! LOCATION! LOCATION! Experience Manhattan-style downtown living with an “Old Florida” feel in this beautifully remodeled top-floor two-bedroom residence located in a highly sought-after 55+ community. Completely remodeled in 2024, this exceptional home offers the perfect combination of style, convenience, and location—ideal as a full-time retirement residence or a winter getaway. Pilots, boaters, and culture enthusiasts will especially appreciate the unbeatable setting. You’re less than one block from Albert Whitted Airport, The Dalí Museum, Mahaffey Theater, and University of South Florida, with downtown St. Petersburg’s best attractions just outside your door. Walk to the Saturday Morning Market, shopping, restaurants, the Sundial Center, and countless other downtown venues. Located on the third floor, the residence is easily accessible by elevator or either of two staircases. Inside, the spacious living and dining areas flow seamlessly into a stunning remodeled kitchen featuring custom wood cabinetry, marble countertops, and top-of-the-line appliances. The extensive 2024 renovation includes *Beautiful wood flooring * Solid wood interior doors *Custom cabinetry *Plantation shutters *Completely updated plumbing, electrical and HVAC systems. Additional amenities include assigned covered parking, a secure private storage locker, low HOA fee of $397/month, on-site laundry, and outdoor grills. Residents also enjoy complimentary use of a first-floor guest unit for visiting friends and family, plus plenty of convenient street parking. EV charging station installed by owners and transfers with the property. This is a cash-only co-op purchase with Association approval required. No pets are permitted. Opportunities like this rarely come along in this popular community, where turnover is minimal. Don’t miss your chance to own a beautifully updated downtown home in one of St. Petersburg’s most convenient and desirable locations. Bonus opportunity: The owner also has a hangar at Albert Whitted Airport available for separate purchase.
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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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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
$515,000
$746 per sq ft
Beds and baths
2 beds, 1 baths
Size
690 sq ft
Time on market
14 days
Year built
1956
Monthly payment
About $3,651/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $6,114 annual tax bill, insurance, and the $2,382/yr HOA fee.
HOA fee
$2,382/yr
Managed by Waterfront Park.
Flood zone
Zone A
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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