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1061 PINELLAS BAYWAY S

Townhouse For Sale
$490,000

BTC: 8.11258278

ETH: 307.26975149

-$109K (2026/06/18)
151 days
3 bds
3 ba
2,236 sqft

Overview

MOTIVATED SELLER! Price Improved. Your island lifestyle awaits at an incredible new value! Welcome to a rare opportunity to own a piece of paradise in the highly sought-after island community of Tierra Verde. This beautiful 3-bedroom, 3.5-bath townhouse—an exclusive end unit in the desirable Tierra Sound Townhomes—offers a seamless blend of refined coastal living and relaxed island charm. From the moment you enter, you’ll be greeted by stunning views of the community pool, visible from the family room and two expansive private balconies. This residence is more than a home—it’s a gateway to the serene yet vibrant lifestyle that defines Tierra Verde. Enjoy true coastal living in this picturesque island enclave, known for its lush landscapes, crystal-clear waters, and welcoming atmosphere. Just minutes away, Fort De Soto Park offers world-class outdoor recreation, including miles of sandy beaches, scenic picnic areas, biking and hiking trails, and kayaking routes, along with a historic fort that adds a unique touch of local heritage. Experience the perfect balance of island seclusion and urban convenience. With quick access to the interstate, commuting to downtown St. Petersburg is effortless, where you can enjoy cultural landmarks such as the Salvador Dalí Museum and the Museum of Fine Arts, along with a vibrant downtown filled with dining, shopping, and nightlife. The island itself offers a charming mix of local dining and boutique shopping. Enjoy waterfront favorites like Billy’s Stone Crab and The Island Grille & Raw Bar, or explore upscale dining just minutes away. Nearby St. Pete Beach and downtown St. Petersburg provide even more shopping and entertainment options. Recent upgrades include two brand-new high-efficiency A/C units installed on January 22, 2025, ensuring year-round comfort and energy efficiency. A brand-new roof has also been installed, adding significant value, durability, and peace of mind for years to come. Additional highlights include: Spectrum Cable included, Spectrum High-Speed Internet included, and Municipal Utilities included—offering exceptional value and convenience with simplified monthly living expenses.

Location

Details

Type:
Residential
Parking:
Garage Door Opener / Guest / Tandem
Year Built:
1999
Lot:
0.02 Acres
Heating:
Central
Price/sqft:
$219
Cooling:
Central Air
HOA:
$595

Valuation

Our model vs. what's actually selling nearby.
Estimate
$753,000
$520K – $1.1M
Confidence Low
List vs. estimate
$263K below estimate
List $490,000 · -34.9%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$219
-34.8% vs. city median $336
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,175
2024
HOA
$595/mo
Community Pool, Escrow Reserves Fund, Insurance
Pool
Gunite
View
Pool
Garage
2 car garage
Furnished
Furnished
Pets
Allowed
All facts and features
  • Flooring

    • Epoxy

    • Laminate

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Electric Water Heater

    • Exhaust Fan

    • Range

    • Refrigerator

    Other interior features

    • Cathedral Ceiling(s)

    • Ceiling Fan(s)

    • Crown Molding

    • Eating Space In Kitchen

    • High Ceilings

    • Kitchen/Family Room Combo

    • Open Floorplan

    • Skylight(s)

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Split Bedroom

    • Vaulted Ceiling(s)

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 3

  • Parking

    • Garage Door Opener

    • Guest

    • Tandem

    Property

    • Levels: Multi/Split

    • Exterior Features: Balcony / Lighting / Sliding Doors

    Lot

    • Lot: 0.02 Acres

    Other Property Information

    • Parcel Number: 203216908220000090

    • Zoning: RM-15

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Townhouse

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Cable Connected

    • Public

  • Other financial information

    • HOA: $595

    • HOA Frequency: Monthly

    • Annual tax amount: $4,175

  • Source details

    • MLS ID: S5142908

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Fireplace Features: Family Room / Wood Burning

    • Laundry Features: Inside

    • Lot Features: Flood Insurance Required

    • Patio And Porch Features: Covered / Deck / Patio / Porch / Screened

    • Pool Features: Gunite / In Ground

    • Window Features: Blinds / Window Treatments

    • Direction Faces: North

    • Architectural Style: Florida

    • Fireplace: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2236

    • Water Source: Public

    • Subdivision Name: TIERRA SOUND TWNHMS

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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: MY REALTY GROUP, LLC.