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5950 PELICAN BAY PLAZA S UNIT PH2C

Penthouse Active With Contract
$400,000

BTC: 6.25000000

ETH: 229.09507446

New
Waterfront
2 bds
2 ba
1,476 sqft

Overview

Under contract-accepting backup offers. Penthouse opportunity at 5950 Pelican Bay Plaza South, Unit PH2C! This spacious 1,476 sq ft split-bedroom floor plan offers two ensuite bedrooms and breathtaking panoramic views of Boca Ciega Bay and the Gulf of Mexico. This 100% investor-friendly residence allows for annual rentals only, presenting excellent long-term income potential. The building has successfully passed its milestone inspection and maintains reserves in compliance with the SIRS report, offering added confidence for buyers. Originally developed by U.S. Steel, the property has been meticulously maintained over the years. Enjoy resort-style living with premium amenities including 24-hour guard service, secured garage parking (single space), spa, hot tub, sauna, and access to pickleball courts. Residents also have the opportunity to join the Pasadena Yacht & Country Club for an elevated lifestyle experience. Additional highlights include the ability to add approximately 20 sq ft of interior storage space, enhancing functionality within the unit. A rare penthouse offering with unmatched views, strong investment flexibility, and access to sought-after amenities—ideal for full-time living or income-producing potential.

Location

Details

Type:
Residential
Parking:
Assigned / Covered / Ground Level / Off Street / Open
Year Built:
1982
Lot:
No Data
Heating:
Central / Heat Pump
Price/sqft:
$271
Cooling:
Central Air
HOA:
$937

Valuation

Our model vs. what's actually selling nearby.
Estimate
$550,000
$467K – $789K
Confidence Low
List vs. estimate
$150K below estimate
List $400,000 · -27.3%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$271
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,406
2025
HOA
$937/mo
24-Hour Guard, Cable TV, Common Area Taxes
Pool
Deck
View
City, Pool
Waterfront
Gulf/Ocean Front, Pond
Garage
1 car garage
Pets
Not allowed
All facts and features
  • Flooring

    • Carpet

    • Ceramic Tile

    Heating

    • Central

    • Heat Pump

    Cooling

    • Central Air

    Appliances

    • Dryer

    • Electric Water Heater

    • Washer

    Other interior features

    • Other

    • Tray Ceiling(s)

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Assigned

    • Covered

    • Ground Level

    • Off Street

    • Open

    Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Balcony / Outdoor Shower / Sprinkler Metered / Tennis Court(s)

    Other Property Information

    • Parcel Number: 323116682100010023

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Electricity Available

    • Sewer Connected

    • Water Connected

  • Other financial information

    • HOA: $937

    • HOA Frequency: Monthly

    • Annual tax amount: $7,407

  • Source details

    • MLS ID: TB8508224

    Other facts

    • Construction Materials: Block / Metal Frame / Stucco

    • Foundation Details: Concrete Perimeter / Slab

    • Laundry Features: Electric Dryer Hookup / Laundry Closet / Washer Hookup

    • Lot Features: Corner Lot / City Lot / Landscaped / Near Marina / On Golf Course / Private / Sidewalk

    • Patio And Porch Features: Covered / Rear Porch

    • Pool Features: Deck / Gunite / Heated / In Ground / Lap / Tile

    • Window Features: Aluminum Frames

    • Direction Faces: Northeast

    • Architectural Style: Elevated

    • Waterfront: Yes

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1476

    • Water Source: Public

    • Subdivision Name: PELICAN BAY YACHT CLUB CONDO BLDG A

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KELLER WILLIAMS ST PETE REALTY