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About this home
5127 Caesar Way S is a 1975-built home in Lakewood Estates Sec E, St Petersburg. Inside you'll find 5 bedrooms, 3 bathrooms, and 2,215 square feet of living space. Listed at $799,900 (about $361/sqft), 46 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Virtually Staged. HOUSE-HACK OPPORTUNITY IN LAKEWOOD ESTATES! This versatile St. Petersburg pool home offers a rare combination of space, privacy, and income-producing potential with a separate guest/in-law suite featuring its own kitchen and mini-split system. Live in the main residence while renting the private suite to help offset your monthly mortgage, use it for extended family or long-term guests, or take advantage of the flexible layout to fit your needs. Offering 5 bedrooms, 3 bathrooms and a 2-car garage, the home is currently configured as a spacious 4-bedroom, 2-bath main residence plus a private 1-bedroom, 1-bath suite. The layout provides excellent separation between the two living spaces, making it especially attractive for multi-generational living or buyers looking for additional rental income. The main home features multiple living areas, including a spacious front living room and large rear family room with a wood-burning fireplace. The centrally located kitchen connects easily to the main living areas and provides a natural gathering space for everyday living and entertaining. Outside, enjoy your own private pool and fully fenced yard in the desirable Lakewood Estates neighborhood. Major improvements include a 2025 roof, 2024 HVAC, newer appliances and an irrigation system. The property is located in Flood Zone X with no history of flooding. Lakewood Estates is home to the St. Petersburg Country Club and is conveniently located near Maximo Park, Lake Vista Recreation Center, Boyd Hill Nature Preserve, Fort DeSoto, Gulf beaches and downtown St. Petersburg. Easy access to I-275 and the Skyway Bridge makes commuting throughout Tampa Bay and toward Bradenton and Sarasota convenient. Whether you're looking for a primary residence with additional space, a multi-generational setup, or the opportunity to generate rental income and significantly offset your housing expenses, this home offers flexibility that's increasingly hard to find in St. Petersburg.
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The essentials
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Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. 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
$799,900
$361 per sq ft
Beds and baths
5 beds, 3 baths
Size
2,215 sq ft
Time on market
46 days
Year built
1975
Monthly payment
About $5,427/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $10,257 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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