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Back on market after buyer’s financing fell through, their loss is your gain. Property appraised and inspections completed and cleared. Introducing a rare opportunity in the prestigious gated community of Bayway Isles, St. Petersburg, FL—an exceptional waterfront property waiting for its next chapter. This classic 1980s home, perched on a serene canal with direct Bay and Gulf access, offers a pristine canvas for transformation. While in its original condition, it boasts a spacious layout with five bedrooms, four bathrooms, a first-floor primary suite, and an inviting open swimming pool—ideal for family gatherings and outdoor entertaining.
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Located on a tranquil canal and cul-de-sac with no flooding during Hurricanes Helene and Milton, this home combines peace of mind with unparalleled location. Priced at $1,850,000, it presents an outstanding value for savvy investors and visionary homeowners ready to craft a dream residence. Post-remodel (ARV), expert projections estimate its value soaring to between $2.8 million and $3.2 million —making this a compelling investment in one of Florida’s most desirable neighborhoods. This estimate is based on current market data and it is subject to change depending on prevailing market conditions at the time the remodel is completed and the property is brought to market.
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Imagine waking up to panoramic water views, enjoying direct Bay and Gulf access just moments from your back door, and customizing your forever home in an elite community that exudes elegance and exclusivity. Don’t miss this chance to own a piece of paradise and set a new standard in Bayway Isles. Contact us today—your dream lifestyle awaits.
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AI-generated renderings are provided solely for marketing and illustrative purposes to demonstrate potential design and redevelopment concepts. The renderings do not reflect the property’s current condition. The seller makes no representations or commitments regarding renovations, improvements, or updates. The property is being offered in its present, as-is condition.
Property Details
Price: $1,850,000
Sq Ft: 3,430
($539 per
sqft)
Bedrooms: 5
Bathrooms: 4
City: St Petersburg
County: Pinellas
Type: Single Family Reside
Development: Bayway Isles
Acres: 0.24
Virtual Tour/Floorplan:
View
Year Built: 1980
Listing Number: TB8443099
Status Code: A-Active
Taxes: $11,474.00
Tax Year: 2024
Garage:
2
Pets Allowed: No
Interior Features:
Cathedral Ceiling(s)
Ceiling Fans(s)
Central Vaccum
Eat-in Kitchen
High Ceilings
Primary Bedroom Main Floor
Walk-In Closet(s)
Financial Information:
Taxes: $11,474.00
Tax Year: 2024
Association Fee: $1,392.00
Association Fee Frequency: Annually
Condo Fee Frequency: Annually
Exterior Features:
Lighting
Rain Gutters
Sliding Doors
Equipment:
Dishwasher
Disposal
Dryer
Electric Water Heater
Exhaust Fan
Microwave
Range
Refrigerator
Washer
Waterfront Description:
Canal - Saltwater
Gulf/Ocean to Bay
Intracoastal Waterway
School Information:
Elementary School: Gulfport Elementary-Pn
Middle School: Bay Point Middle-Pn
Junior High: Bay Point Middle-Pn
High School: Lakewood High-Pn
Additional Information:
MLS Area: 33715 - St Pete/Tierra Verde
Price per Square Feet: $539.36
Water: Public
Construction: Block, Concrete, Stucco
Date Listed: 2025-10-30 13:45:33
Pool: Yes
Pool Type: Gunite, In Ground
Garage Spaces: 2
Flooring: Carpet, Ceramic Tile
Roof: Concrete
Heating: Central, Electric, Zoned
Cooling: Central Air, Zoned
Pets: No
Sewer: Public Sewer
Map of 4927 62Nd Avenue, St Petersburg, FL 33715
Listing Courtesy Of: Revere Realty Llc
Steve@myreverehome.com