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1061 PINELLAS BAYWAY S

Townhouse For Sale
$569,999

BTC: 9.04760317

ETH: 326.45990836

-$29K (2026/04/15)
123 days
3 bds
3 ba
2,236 sqft

Overview

MOTIVATED SELLER! Price Improved. Your Island Lifestyle Starts Here. Paradise Awaits Now at an Incredible New Price! Welcome to an unparalleled opportunity to own a piece of paradise in the highly sought-after island community of Tierra Verde. This exquisite 3-bedroom, 3.5-bathroom townhouse, an exclusive end unit within the desirable Tierra Sound Townhomes, presents a harmonious blend of luxurious living and an idyllic coastal lifestyle. From the moment you step inside, you'll be captivated by the breathtaking views of the community pool, visible from the family room, and two expansive private balconies. This home is not just a residence; it's a gateway to the serene and vibrant life that Tierra Verde so perfectly embodies. Coastal Charm: Experience a tranquil yet vibrant coastal lifestyle in this picturesque island community, known for its lush landscapes, pristine waters, and welcoming atmosphere. Outdoor Recreation: Just a short bike ride away, you'll find the world-renowned Fort De Soto Park, an expansive natural preserve featuring miles of sandy beaches, scenic picnic areas, and extensive trails perfect for biking, hiking, and kayaking. The park also boasts a historic fort, adding a touch of local history to your outdoor adventures. Convenient Access: Enjoy the perfect balance of secluded island living with the convenience of urban amenities. Tierra Verde provides quick access to the interstate, making commutes to downtown St. Petersburg a breeze. Explore cultural attractions like the Salvador Dalí Museum and the Museum of Fine Arts, or indulge in the lively downtown area's shops, restaurants, and nightlife. Dining & Shopping: The island features a delightful mix of local flavors and charming boutiques. Savor laid-back atmospheres at favorites like Billy’s Stone Crab and The Island Grille & Raw Bar, or enjoy upscale waterfront dining options. For more extensive shopping, St. Pete Beach and downtown St. Petersburg are just a short drive away. Recent Upgrades: Enjoy peace of mind and improved efficiency with two brand-new A/C units installed on January 22, 2025. These high-efficiency systems ensure reliable comfort year-round. A brand-new roof has just been installed, further enhancing the home’s appeal, durability, and long-term value. This major upgrade minimizes future maintenance needs, making this an even smarter investment.

Location

Details

Type:
Residential
Parking:
Garage Door Opener / Guest / Tandem
Year Built:
1999
Lot:
0.02 Acres
Heating:
Central
Price/sqft:
$255
Cooling:
Central Air
HOA:
$595

Valuation

Our model vs. what's actually selling nearby.
Estimate
$599,999
$418K – $1.1M
Confidence Low
List vs. estimate
$30K below estimate
List $569,999 · -5.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$254
-22.2% vs. city median $327
Based on
25 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

    • 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

    • 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
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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.