Residential Property - Single Family Residence in St Petersburg
Listing Price: $719,777
Description of Property
Welcome to 5802 Bay Pines Lakes Blvd — a beautifully updated single-family pool home in the heart of St. Petersburg that offers the perfect blend of income potential, lifestyle, and location. This 4-bedroom, 2-bath property has been operating as a highly successful short-term rental for the past three years, consistently generating over $130,000 annually. Whether you’re an investor seeking strong cash flow, a second-home buyer looking for a vacation retreat, or someone wanting to enjoy the Florida lifestyle full-time while offsetting costs, this property delivers on all fronts. Situated on an oversized 12,000 square foot lot, the home boasts tranquil pond views, a private pool, and a spacious screened lanai ideal for entertaining and relaxing under the stars. Inside, the home features nearly 2,000 square feet of updated living space, including a fully renovated chef’s kitchen with premium finishes and a modern, open-concept layout. Major upgrades have already been taken care of, including a newer roof, updated HVAC system, all-new plumbing, and electrical updates completed in 2023. Located just five minutes from the Gulf’s premier beaches and a short drive to Downtown St. Petersburg, the home offers easy access to world-class dining, shopping, and entertainment. Guests and owners alike enjoy the proximity to everything while still feeling tucked away in a peaceful, residential setting. Whether you’re building your Airbnb portfolio or searching for a Florida getaway that pays for itself, this is a rare opportunity to own a turn-key, income-generating property in one of the most desirable markets on the Gulf Coast.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: St Petersburg
County: Pinellas
Subdivision: Bay Pines Lakes Ph 1
Bedrooms: 4
Bathrooms: 2
Sq. Ft. Gross: 2,446
Sq. Ft. Living Area: 1,927
Cost per (heated) sqare foot: $374
Year built: 1978
Annual Tax: $9,688
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Washer
Flooring: Luxury Vinyl
Pool & Waterfront Info
Private Pool: Yes
Pool Features: Lighting
Water Front: Yes
Water Frontage: Pond
Water Access: Yes
Water Access Type: Pond
Exterior & Construction
Construction: Stucco
Foundation: Slab
Roof: Shingle
Exterior Features: Storage
Garage: Yes
Garage Spaces: 2
Parking Features: Off Street
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View: Water
Fencing:
Sewer: Private Sewer
Water Source: Public
Lot Information
Lot Features: Unincorporated
Lot Size (acres): 0.28
Lot Size (sq. ft.): 12,301 square feet
Front Exposure: Southeast
Legal Description & Other Information
Financing Available: VA Loan
Parcel Number: 353015042930020200
Zoning: R-3
Tax Legal Desc.: BAY PINES LAKES PHASE 1 BLK B, LOT 20
Section: 35
Range: 15
Listing courtesy of CAPSTAR REAL ESTATE LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
