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5200 62nd Avenue S
Saint Petersburg, FL 33715
$4,850,000
Conventional
Property
Bedroom
5
Bathroom
5
Property Type
Conventional
Square ft
5200
Property Description
Introducing a luxurious waterfront haven in Bayway Isles, a premier gated waterfront community in the Tampa Bay area. This stunning Bahamian-style Colonial home offers an unparalleled blend of elegance and comfort, with captivating views of the Skyway Bridge and Boca Ciega Bay stretching as far as the eye can see. Welcoming guests through a dramatic entryway featuring a fine circular drive and rich covered double door entry, the interiors are adorned with tasteful details and timeless charm. The home boasts five bedrooms, including a guest in-law wing, and five full and one half baths, providing ample space for both relaxation and entertainment. A private wood-paneled office with cherry flooring offers a serene retreat for work or study. The heart of the home lies within the chef's kitchen, complete with granite countertops, a center island, breakfast bar, and seamless flow into the family room. The expansive first-floor master suite offers panoramic views of Tampa Bay, complemented by 250 feet of seawall for unparalleled waterfront access. Outside, a resort-like atmosphere awaits with a sparkling pool, cabana, and meticulously landscaped gardens, creating an idyllic setting for gatherings large or small. Step onto over 2,500 sq ft of balcony space, perfect for entertaining and offering fine casual dining overlooking the Skyway. Recent updates include a new dock in 2023, a new roof in 2019, new windows in the in-law wing, and a brand-new AC unit in 2024, ensuring both style and functionality for years to come. Perfectly suited for car enthusiasts, the spacious garage offers ample room for additional vehicles, completing the allure of this exceptional waterfront retreat. Bayway Isles is a prestigious gated waterfront community conveniently located near the Gulf Beaches, vibrant downtown St. Petersburg, and I-275. For the boating enthusiast, there is easy access to the Gulf of Mexico with no bridges. Sit on the dock and admire porpoises, manatees, and myriad other sea life year-round. With deep water at the end of the dock, you have a wonderful opportunity to keep a sailboat or larger cruising vessel for easy access to Boca Ciega Bay and the Intracoastal Waterway, mere minutes from the Gulf of Mexico. This description is provided in compliance with Fair Housing guidelines, ensuring equal housing opportunities for all individuals regardless of race, color, religion, sex, handicap, familial status, or national origin. Experience the epitome of coastal living in this elegant and inviting home. Don't miss this motivated seller opportunity to own a piece of paradise.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1989
MLS Number
U8245436
Location
Address
5200 62ND AVENUE S
City
SAINT PETERSBURG
State
FL
Zip Code
33715
County
PINELLAS (SOUTH)
Listing
Provider
Coldwell Banker, original listing
Name
Coldwell Banker
Phone
(813) 754-3586
Office Name
COLDWELL BANKER REALTY
Office Phone
(727) 821-3322
Agent Name
Estelia Will Mesimer

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.