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1285 GASPARILLA DR NE,  ST PETERSBURG, FL 33702

MLS# TB8484486.  4 beds.  3.5 baths.  Single Family Home.  Active

$401.66 Monthly Fees.  $20,124 in taxes (2025)

$3,150,000

 

Remarks:

Under contract-accepting backup offers. EXPANSIVE WATERFRONT HOME IN GUARD-GATED CAYA COSTA WITH 199 FT OF WATERFRONTAGE, 4 BEDROOMS + OFFICE + MEDIA ROOM + GYM, SALTWATER POOL, BOAT SLIP WITH 16, 000 LB LIFT, AND 3-CAR GARAGE. Located in the guard-gated waterfront community of Caya Costa in Northeast St. Petersburg, this executive residence offers 4, 384 sq ft of living space on a .34-acre lot with 199 ft of protected waterfront and wide open-water views along Weedon Island Preserve. Designed for both everyday living and entertaining, the home combines boating access, privacy, and a flexible floor plan rarely found in this location. The home includes 4 bedrooms, 3.5 bathrooms, private office, media room, gym, butler’s pantry, 3-car garage, and an extra-wide driveway for additional parking. Interior features include 10-ft ceilings, 8-ft doors, a dramatic two-story foyer, wood-burning fireplace, engineered wood flooring throughout (2024), and a wet bar with wine refrigerator for entertaining. The chef’s kitchen features Wolf, Sub-Zero, and Miele appliances, dual islands for gathering and meal preparation, abundant storage, and a butler’s pantry with prep kitchen. The private office includes custom built-in cabinetry and large windows providing natural light and a quiet workspace. The waterfront primary suite includes a sitting area overlooking the bay and direct access to the balcony. The ensuite bath features dual vanities, dual walk-in closets, soaking tub, walk-in shower, and separate water closet. Outdoor living is centered around the waterfront setting. A large open balcony accessed from the primary suite and media room overlooks the pool and backyard, providing a private vantage point for sunrise and sunset views. The covered lanai includes an outdoor kitchen with bar, dining area, TV, and lounge space overlooking the pool & water. The PebbleTec saltwater pool and spa (2021) overlooks the waterfront with updated pavers, pool equipment, and propane heater (2021). Mature tropical landscaping surrounds the backyard, creating a private outdoor setting with wide open-water views and no rear neighbors looking into the property. Gasparilla Drive NE is a quiet cul-de-sac with only 5 homes sharing a deep-water dock with 6 slips. The assigned slip includes a 16k lb boat lift (2018), water, and 30-amp shore power. Boaters enjoy calm protected water with direct access to Tampa Bay in under 10 minutes (no fixed bridges). Additional outdoor features include a kayak/paddleboard launch with storage, spray mosquito system, side yard turf (2026), and open water views with no neighbors. The home sits at 10.55 ft elevation and was not affected by the storms of 2024. Flood insurance is only $1, 143/year. Recent improvements include three AC units replaced (2024-2025), tile roof (2017), flat roof under the upstairs balcony replaced (2026), and balcony decking replaced (2026). Additional features include an elevator and attic storage. Caya Costa offers a secure guard-gated entrance with a monthly HOA of $400. Conveniently located near Publix, Whole Foods, Target, Starbucks, dining, and everyday conveniences. Shorecrest Preparatory School and Canterbury School are approximately five minutes away. Downtown St. Petersburg is a 15-minute drive, and Tampa International Airport is approximately 20 minutes away. This property offers a rare combination of protected boating water, expansive waterfront views, gated privacy, and a secluded backyard setting rarely found in Tampa Bay waterfront homes.

Quick Info:

  • Listing is courtesy Of: THE TENPENNY COLLECTION ((727-742-7939))
  • Listing Agent: Rachel Sartain Tenpenny ((727-742-7939))
  • Days on yellowkey: 21
  • Property Type: Single Family Home
  • Beds: 4
  • Baths: 3.5
  • Living Area Square Feet: 4384
  • Built 1991
  • Taxes: $20,124 (2025)
  • 0 Days off yellowkey (back on 3/29/2026 )
  • Garage Spaces: ()
  • Square Feet: 5822
  • Fees: $402 Monthly
  • Pinellas County
  • Terms: Cash, Conventional, VA Loan
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  • Occupancy Information: Owner
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  • Subdivision Name: RIVIERA BAY SECOND ADD PT REP & ADD
  • Complex Name: CAYA COSTA

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History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
3/29/2026Sale16TB8484486Back on yellowkey$3,150,000-541.0511MLS
3/12/2026Sale0TB8484486listed for sale$3,150,000-541.0511MLS




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