4900 59th AVENUE S, St. Petersburg, FL, 33715 | $4,500,000

Welcome to a one-of-a-kind masterpiece in the exclusive, guarded community of Bayway Isles. Originally designed by C. Randolf Wedding in the style of Frank Lloyd Wright in 1973, this mid-century modern estate has been completely reimagined in 2023 by Lisa Gilmore Design. Showcased on Architectural Digest and in the January 2025 issue of Florida Design, this home represents a harmonious blend of timeless design and cutting-edge luxury. Perched on 161 feet of pristine waterfront, this architectural marvel offers unobstructed views and direct water access, making it a true boater’s paradise with two private boat slips (30, 000 lb and 9, 000 lb capacity). This exceptional home features four spacious bedrooms and four-and-a-half impeccably designed bathrooms, each carefully crafted to embody elegance and comfort. Soaring vaulted ceilings in every bedroom and the main living area enhance the sense of space, while walls of EuroWall sliding glass doors invite abundant natural light to pour into every corner of the home, creating a bright and airy ambiance. The thoughtful design prioritizes breathtaking water views, ensuring that every room offers a seamless connection to the outdoors. The interiors showcase an exquisite mix of locally sourced materials and craftsmanship alongside elements from artisans around the world, resulting in a home that is as unique as it is luxurious. The chef’s kitchen is a true showpiece, featuring bespoke cabinetry, a custom brass bar, and intricate woodwork by T2theS. The primary suite provides a serene retreat, complete with a stunning glass atrium that immerses you in nature. Additional highlights include a state-of-the-art movie room with surround sound, custom cabinetry in key spaces, and in-ceiling speakers that extend into the outdoor entertaining areas. Hurricane-rated windows and doors, installed during the 2023 renovation, offer both beauty and peace of mind. The outdoor living spaces are nothing short of spectacular, with lush tropical landscaping, a sparkling pool, a hot tub, and expansive areas for entertaining that all take advantage of the spectacular waterfront view. This private oasis celebrates the Florida lifestyle with seamless indoor/outdoor living, direct water access, and an intimate connection to local wildlife. Located just 10 minutes from downtown St. Petersburg and six minutes from the beach, this home provides the perfect blend of tranquility and convenience. Bayway Isles enhances the lifestyle with 24/7 guarded security, creating a serene and exclusive community. This estate isn’t just a home—it’s a statement of vision, artistry, and meticulous craftsmanship. Schedule your private tour today to experience the pinnacle of waterfront luxury.

Features

  • Amenities: Maintenance, Security
  • Rooms: 3
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Lot Size: 117 x 115
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Style: Custom
  • Year Built: 1973
  • Garage: 2-car Circular Driveway, Driveway, Garage Door Opener, Oversized
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 4,400
  • Acreage: 0.28
  • Lot Size: 117 x 115
  • Est. Taxes: $25,812
  • Lot Desc: Cul-De-Sac, Flood Insurance Required, FloodZone, City Lot, Oversized Lot, Street Dead-End
  • View: Water
  • Pool: Gunite, Heated, In Ground, Lighting, Salt Water
  • Pet Policy: Yes
  • Appliances: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Washer, Water Softener, Wine Refrigerator
  • MLS#: TB8350653
  • Days on Market: 15 days
  • Website: https://www.raveis.com
    /eprop/TB8350653/490059thavenues_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 4/8/2025 1:43:49 AM)

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Debra MeyersSales Associate

716.440.2870

Debra.Meyers@raveis.com

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

4900 59th AVENUE S, St. Petersburg, FL, 33715

$4,500,000

Debra Meyers

Sales Associate

William Raveis Real Estate

Phone: 716.440.2870

Debra.Meyers@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,600,000 $3,600,000 $3,600,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.375% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.811% 6.475% 6.309%
Monthly Tax Payment $2,151 $2,151 $2,151
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $21,584 $22,459 $30,623
Total Monthly Payment $23,860 $24,735 $32,899

* 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.