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About this home
1186 Gasparilla Dr NE is a 1989-built home in San Carlos Sec Of Riviera Bay, St Petersburg. Inside you'll find 3 bedrooms, 3 bathrooms, and 2,481 square feet of living space. Listed at $765,000 (about $308/sqft), 36 days on market. Flood zone AE - confirm flood insurance requirements with your lender. HOA runs $267.77 monthly.
Bring your vision to one of the most livable floor plans in gated Caya Costa, the never-flooded, staffed-gate boating community in Northeast St. Petersburg with a private boat ramp and community boat storage. This single-story 3-bedroom, 3-bath pool home offers 2,481 sq ft on a 75 x 115 lot with a two-car garage, and the architecture that is hardest to create is already here: 12-foot ceilings in the kitchen, 10-foot ceilings throughout, and 8-foot walls of glass. In the family room, 8-foot triple sliders pocket completely against the exterior wall, opening the room to a screened lanai, pavered pool deck and propane-heated spa for true indoor-outdoor living. The formal living room's double 8-foot sliders look across the pool to the preserve behind the home, so there are no rear neighbors in view. The home is well maintained but its finishes are original to its era, making this a value-add opportunity for a buyer ready to renovate. The bones support a finish-level update rather than structural work: kitchen, primary bath, flooring, paint, lighting and the floor-to-ceiling brick fireplace surround are ready for your design. Hardwood in the family room, tile in the kitchen and plantation shutters are in place. The first-floor primary suite opens directly to the pool and includes a large bath with dual sinks, a vanity station and a window seat. The kitchen has a breakfast bar and an eat-in dining area with an arched, shuttered window. Key systems and costs are known: roof replaced 2011, HVAC systems 2021 and 2025, and an assumable NFIP flood policy at $1,974 per year. This home has NEVER flooded — not during the historic flooding of 2024, when no home in Caya Costa took water, and never before that. Fenced, dog-friendly yard and screened porch. Caya Costa amenities include a 24/7 manned gated entry, community pool and hot tub with covered gazebo, tennis and pickleball courts, a canal-side fishing pier, privately maintained roads, and a boat storage yard for boats, trailers, wave runners, kayaks and paddleboards with private ramp access. Close to Carillon Business Center, Raymond James, Franklin Templeton, Jabil and Downtown St. Petersburg, with quick access across the bay to Tampa International Airport, Westshore, Hyde Park, Water Street and Benchmark International Arena. Publix, Whole Foods, Trader Joe's and a public park are nearby.
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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%. 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
$765,000
$308 per sq ft
Beds and baths
3 beds, 3 baths
Size
2,481 sq ft
Time on market
36 days
Year built
1989
Monthly payment
About $5,202/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $6,743 annual tax bill, insurance, and the $267.77/mo HOA fee.
HOA fee
$267.77/mo
Managed by Wise Property Management/Chris Crain.
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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