4811 Paradise WAY S, St. Petersburg, FL, 33705 | $1,500,000

Waterfront paradise on Little Bayou, prime land opportunity! Welcome to 4811 Paradise Way S, a rare 135-by-128-foot waterfront lot spanning . 40 acres in a private cul-de-sac. This exceptional property offers 128 feet of new seawall, expertly crafted by Gibson and Reuben Clarson, providing the foundation for your dream waterfront estate. On the open waters of Little Bayou, with direct access to Tampa Bay, this property is ideal for those looking to live the ultimate salt life, boating, fishing, and breathtaking sunsets right from your backyard. The home was damaged in Hurricane Helene and is being offered at land value, presenting a prime opportunity to build your custom waterfront retreat. Enjoy the convenience of being just 12 minutes from downtown St. Petersburg, 29 minutes to Tampa International Airport, and minutes from world-class beaches, Kahwa coffee, shops and restaurants. Don’t miss your chance to own and build in one of Tampa Bay’s desirable waterfront locations.

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Lot Size: 135 x 128
  • Laundry: In Garage
  • Style: Mid-Century Modern
  • Year Built: 1959
  • Garage: 2-car
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 3,252
  • Acreage: 0.39
  • Lot Size: 135 x 128
  • Est. Taxes: $5,180
  • Lot Desc: Cul-De-Sac, FloodZone
  • View: Garden, Water
  • Elem. School: Lakewood Elementary-PN
  • Middle School: Bay Point Middle-PN
  • High School: Lakewood High-PN
  • Pet Policy: Yes
  • Appliances: Microwave
  • MLS#: TB8349165
  • Days on Market: 34 days
  • Website: https://www.raveis.com
    /eprop/TB8349165/4811paradiseways_stpetersburg_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 4/16/2025 4:02:09 PM)

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203.671.1264

Peter.Papadopoulos@raveis.com

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Kevin DeTullioVP, Mortgage Banker / Production Manager, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1724767

203.305.5736

Kevin.DeTullio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Diane PadelliInsurance Sales Director, William Raveis Insurance

203.444.0494

Diane.Padelli@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

4811 Paradise WAY S, St. Petersburg, FL, 33705

$1,500,000

Peter Papadopoulos

Sales Associate

William Raveis Real Estate

Phone: 203.671.1264

Peter.Papadopoulos@raveis.com

Kevin DeTullio

VP, Mortgage Banker / Production Manager

William Raveis Mortgage, LLC

Phone: 203.305.5736

Kevin.DeTullio@Raveis.com

NMLS Mortgage Loan Originator ID 1724767

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,200,000 $1,200,000 $1,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.625% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.813% 6.739% 6.581%
Monthly Tax Payment $432 $432 $432
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,389 $7,684 $10,371
Total Monthly Payment $7,946 $8,241 $10,928

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.