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Property for sale at 487 PINELLAS BAYWAY S UNIT 207, ST PETERSBURG, FL, 33715
Property for sale at 487 PINELLAS BAYWAY S UNIT 207, ST PETERSBURG, FL, 33715
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487 Pinellas Bayway S Unit 207St Petersburg, FL, 33715

4beds
4baths
2,970sqft
Townhouse
Built in 1995
$1,500 Quarterly HOA Fee
$949,000
For sale
$1,199,000−$250,000 (21%)
Price per sqft
$320
Days on market
171
Listed
May 5
Last reduction
−$50,000
Sep 17, 2026
MLS #TB8505494Updated Sep 17, 2026

About this property

PRICE REDUCED....AGAIN! Tucked into Tierra Verde, this property gives you that “I’m on vacation” feeling the moment you arrive. Set along the new bike path and just minutes from Fort De Soto Park/Beach and Pass-a-Grille beach, this unit is an easy choice for anyone who wants to be close to the water without giving up everyday convenience. The main townhome offers 3 bedrooms and 2.5 bathrooms, with a layout that feels both open and practical. The kitchen was thoughtfully renovated with upgraded cabinet storage in mind, including pull-out shelving that makes organizing and accessing everything much easier. The primary bedroom includes a 3rd floor loft-style bonus space—perfect for a home office, reading nook, extra storage, or even a tucked-away sleeping area. Upstairs, the third bedroom has an additional flex space that could be used as storage or potentially expanded into another bathroom. There's even the ability to add an elevator if your heart desires! Out back, there’s a covered patio that works well for relaxing or entertaining year-round, along with a mature cactus garden featuring unique species—including dragonfruit cactus that will produce fruit. Above the detached two-car garage, there’s a separate 1-bedroom, 1-bath apartment. Whether you use it for guests, extended family, or an office/work space, it adds a lot of flexibility to the property. The home has been well cared for by its original owners and includes thoughtful updates like a newer roof (about a year old), a reverse osmosis system under the kitchen sink, and a whole-house water softener. The community pool sits right on the water, making it an easy spot to unwind at the end of the day. And for peace of mind—this property had no flooding or damage from recent storms, including Helene and Milton. If you’ve been looking for a place that blends coastal living with versatility and solid upkeep, this one is worth a closer look.

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Property details

Property type
Townhouse
Street address
487 Pinellas Bayway S Unit 207
City
St Petersburg
State
FL
ZIP code
33715
Year built
1995
New construction
No
Faces
Northwest
Rooms
4
Building stories
3
Living area
2,970 sqft
Total building area
2,970 sqft
Levels
Three Or More

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 $250,000 (20.9%) since first listed.

EventPrice
Price reducedMLS #TB8505494$949,000Change: −20.9%−$250,000
Listed for saleMLS #TB8505494$1,199,000
History may be incomplete.
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Location

Property for sale at 487 PINELLAS BAYWAY S UNIT 207, ST PETERSBURG, FL, 33715
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