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487 PINELLAS BAYWAY S UNIT 107

Townhouse Active With Contract
$1,625,000

BTC: 24.93096042

ETH: 854.07644116

-$50K (2026/03/13)
90 days
Waterfront
4 bds
3 ba
3,035 sqft

Overview

Under contract-accepting backup offers. Step into unparalleled elegance with this exclusive fully remodeled 4-bedroom, 3.5-bath townhome located in the boutique community of Bridgewater on Tierra Verde. This rare corner unit includes two deeded boat slips, one equipped with a new 16,000-lb boat lift, with water and electric at the dock—a true boater’s dream. Spanning over 3,000 square feet, this light-filled residence has undergone an extensive two-year renovation with no detail overlooked. Recent upgrades include a brand-new architectural shingle roof with warranty, hurricane-impact windows and doors throughout, new 200-amp electrical panel, new water heaters, whole-house water softener, and 9-inch wide luxury plank LVP flooring throughout the home. All bathrooms have been beautifully redesigned with custom solid-wood vanities, 3-inch quartz countertops, and oversized walk-in showers. The primary suite is a true retreat, featuring a completely custom spa-inspired ensuite with a soaking tub, an extra-large shower with eight separate shower heads and sprayers, a walk-in closet, and a private waterfront balcony. The first-floor gourmet kitchen is designed for both entertaining and everyday luxury, offering top-of-the-line stainless steel appliances, a wet bar, high-end self-closing solid-wood cabinetry, a massive island with 3-inch quartz waterfall countertops, and an oversized 36" induction cooktop. Just off the kitchen, the spacious living room features a wood-burning fireplace and a private sitting area with serene water views overlooking the back deck and boat slips. Additional highlights include two private screened-in patios along the waterfront and a separate one-bedroom, one-bath guest suite located above the two-car garage, complete with a wet bar and mini-fridge—perfect for guests, extended family, or a private bonus space. THIS SOLID CONCRETE BLOCK HOME IS ELEVATED AND DID NOT FLOOD DURING THE 2024 HURRICANES, offering added peace of mind. Enjoy the Tierra Verde lifestyle with miles of walking, running, and biking paths, breathtaking sunsets at Fort De Soto Park, and easy access to everything the Gulf Coast has to offer—just 5 minutes to St. Pete Beach, 10 minutes to Downtown St. Petersburg, and quick access to I-275 via the Bayway. Island living at its finest—welcome home to Bridgewater on Tierra Verde.

Location

Details

Type:
Residential
Parking:
Driveway / Garage Door Opener / Ground Level / Under Building
Year Built:
1992
Lot:
0.10 Acres
Heating:
Central / Electric
Price/sqft:
$535
Cooling:
Central Air / Mini-Split Unit(s)
HOA:
$1,500

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,425,000
$1.1M – $1.9M
Confidence Low
List vs. estimate
$200K above estimate
List $1,625,000 · +14.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$535
+70.8% vs. city median $313
Based on
9 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$16,340
2024
HOA
$1,500/qtr
Cable TV, Community Pool, Escrow Reserves Fund
Pool
Gunite
View
Water
Waterfront
Waterfront, Canal - Saltwater
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Luxury Vinyl

    • Travertine

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Mini-Split Unit(s)

    Appliances

    • Bar Fridge

    • Built-In Oven

    • Dryer

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • High Ceilings

    • Kitchen/Family Room Combo

    • Living Room/Dining Room Combo

    • Open Floorplan

    • PrimaryBedroom Upstairs

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Split Bedroom

    • Thermostat

    • Walk-In Closet(s)

    • Wet Bar

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 1

    • Full bathrooms: 3

  • Parking

    • Driveway

    • Garage Door Opener

    • Ground Level

    • Under Building

    Property

    • Levels: Three Or More

    • Exterior Features: Balcony / Courtyard / Irrigation System / Lighting / Private Entrance / Rain Gutters / Sidewalk / Sliding Doors

    Lot

    • Lot: 0.10 Acres

    Other Property Information

    • Parcel Number: 203216113500000070

    • Zoning: PUD

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Townhouse

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • HOA: $1,500

    • HOA Frequency: Quarterly

    • Annual tax amount: $16,340

  • Source details

    • MLS ID: TB8469103

    Other facts

    • Construction Materials: Stucco

    • Foundation Details: Slab

    • Fireplace Features: Living Room / Wood Burning

    • Laundry Features: Laundry Room / Upper Level

    • Lot Features: Corner Lot / Flood Insurance Required / FloodZone / Landscaped / Sidewalk / Street Dead-End

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

    • Pool Features: Gunite

    • Window Features: Blinds / Storm Window(s) / Window Treatments

    • Direction Faces: Southwest

    • Architectural Style: Contemporary

    • Waterfront: Yes

    • Fireplace: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 3035

    • Water Source: Public

    • Subdivision Name: BRIDGEWATER TOWNHOMES

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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: FOREVER FLORIDA REAL ESTATE