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Property for sale at 5264 61ST AVENUE S, ST PETERSBURG, FL, 33715
Property for sale at 5264 61ST AVENUE S, ST PETERSBURG, FL, 33715
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5264 61st Avenue SSt Petersburg, FL, 33715

4beds
5baths
6,367sqft
Single Family Residence
Built in 2000
$122 Monthly HOA Fee
$3,495,000
For sale
$4,000,000−$505,000 (13%)
Price per sqft
$549
Days on market
246
Listed
Feb 18
Last reduction
−$254,000
Aug 28, 2026
MLS #TB8477321Updated Sep 23, 2026

About this property

Welcome to Island House—NOW REPOSITIONED AT $3,495,000—an exceptional opportunity in exclusive, 24-hour guard-gated Bayway Isles II. Offering nearly 6,400 square feet of curated living space and approximately 8,500 total square feet, this extraordinary Mediterranean estate occupies an expansive homesite of approximately one acre, including a portion of the lake, with tranquil water views, spectacular sunsets and remarkable privacy. Bayway Isles II remains one of Tampa Bay's most coveted addresses, known for distinguished residences, larger homesites and an atmosphere of exclusivity. Soaring 12-foot ceilings, marble flooring, solid wood doors with transoms, graceful archways, designer lighting, a 2023 clay tile roof and elegant finishes create understated grandeur throughout. The chef's kitchen features premium appliances, leathered imported granite, custom cabinetry, oversized island, veggie sink and breakfast area opening seamlessly to the great room. Luxury amenities include a climate-controlled 160-bottle wine room, butler's pantry, whole-home Sonos audio, upgraded theater technology and extensive recent improvements. The primary suite is a private sanctuary with fireplace, morning bar, custom closets and spa-inspired bath with soaking tub, dual vanities and steam shower. Two guest suites with en-suite baths are privately positioned opposite the primary wing, while a grand executive office and dedicated pool bath enhance functionality. Designed for entertaining, Island House features a true stadium-seat theater with reclining chairs and popcorn station plus a spacious media room. Upstairs, a private one-bedroom suite offers a large bath, walk-in closet, full kitchen and separate living area—ideal for guests, multigenerational living or extended stays. The upper level also presents the opportunity to create an extraordinary second primary suite or private wing. Outside, the reimagined heated saltwater pool and spa feature newly installed tile, upgraded automation, lighting and equipment. A restaurant-caliber outdoor kitchen and separate bar with sink, refrigeration and 85-inch television create an exceptional setting for sunset entertaining overlooking the lake. Despite its stunning water views and expansive grounds, the residence has never flooded. Convenient to Gulf beaches, downtown St. Petersburg, marinas and Tampa International Airport, Island House offers a rare combination of scale, privacy, exceptional amenities and resort-style living. At its newly repositioned price of $3,495,000, this pristine estate represents a compelling value within Bayway Isles II. The home may also be sold fully furnished. Features and updates sheet available.

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Property details

Property type
Single Family Residence
Street address
5264 61st Avenue S
City
St Petersburg
State
FL
ZIP code
33715
Year built
2000
New construction
No
Faces
South
Rooms
13
Living area
6,367 sqft
Total building area
8,327 sqft
Architectural style
Mediterranean
Levels
Two

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at October 20, 2026 at 8:01 AM EDT

Price & sale history

Asking price reduced by $505,000 (12.6%) since first listed.

EventPrice
Price reducedMLS #TB8477321$3,495,000Change: −12.6%−$505,000
Listed for saleMLS #TB8477321$4,000,000
History may be incomplete.
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Location

Property for sale at 5264 61ST AVENUE S, ST PETERSBURG, FL, 33715
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