4951 Bacopa LANE S, #401, St. Petersburg, FL, 33715 | $1,247,000

Experience luxury waterfront living in this beautifully updated fourth-floor corner unit at Bacopa Bay, one of the most desirable gated communities on the Pinellas Bayway. This spacious 1, 867 sq. ft. condominium offers breathtaking panoramic views of Boca Ciega Bay from two balconies, perfect for savoring morning coffee or stunning sunsets. Every window and sliding door provides serene water views, filling the home with natural light. Thoughtfully upgraded for modern comfort and peace of mind, this unit features impact-rated windows and doors (2016, 2018), a hurricane-rated front door (2020), and electric roll-down storm shutters on all but one window. The primary suite and den showcase elegant hardwood flooring (2019), while new carpeting enhances the guest bedroom (2020). The fully remodeled master bath (2024) and a stylishly updated guest bathroom (2020) add sophistication and luxury. The eat-in kitchen boasts a fresh backsplash (2020), and a new HVAC (2019) and water heater (2024) ensure efficient comfort. Both balconies were resurfaced with durable Gemstone in 2024. Bacopa Bay recently installed new elevators (2023) and continues to enhance its resort-style amenities, including two Har-Tru tennis courts, waterfront pools, a fitness center, and a clubhouse set among lush tropical grounds. Enjoy quick access to world-class Gulf beaches, vibrant downtown St. Petersburg, and Tampa International Airport. Everyday conveniences and gourmet delights await across the street at the Bayway Country Store & Butcher Shop. This rare offering combines modern updates, luxurious amenities, and an unbeatable waterfront lifestyle. Embrace the allure of coastal living and make this vision of paradise your reality.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 8
  • Amenities: Clubhouse, Elevator(s), Fitness Center, Pool, Security, Tennis Court(s), Vehicle Restrictions
  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Complex: BACOPA BAY CONDO
  • Year Built: 1996
  • Approx Sq. Feet: 1,867
  • Acreage: 5.01
  • Est. Taxes: $5,009
  • Condo Fee: $1,517 Monthly
  • Lot Desc: FloodZone, City Lot, Landscaped, Near Golf Course, Near Marina, Sidewalk
  • View: Pool, Tennis Court, Water
  • Elem. School: Gulfport Elementary-PN
  • Middle School: Bay Point Middle-PN
  • High School: Lakewood High-PN
  • Pool: Gunite, Heated, In Ground, Lap
  • Pet Policy: Size Limit, Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • MLS#: TB8334215
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/TB8334215/4951bacopalanes_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 1/8/2025 12:59:52 AM)
Listing courtesy of SMITH & ASSOCIATES REAL ESTATE   Phone: 727-342-3800

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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

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4951 Bacopa LANE S, #401, St. Petersburg, FL, 33715

$1,247,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@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 $997,600 $997,600 $997,600
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.559% 6.723% 6.847%
Monthly Tax Payment $417 $417 $417
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,470 $6,388 $8,759
Total Monthly Payment $7,012 $6,930 $9,301

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.