5116 Beach DRIVE SE, #D, St. Petersburg, FL, 33705 | $359,900

Experience the ultimate waterfront lifestyle in this beautifully maintained 2-bedroom, 1-bathroom condo located in the resort-style Waterside at Coquina Key community. Nestled on the exclusive Island of Coquina Key, this sought-after property offers a tranquil retreat while being just minutes from vibrant downtown St. Petersburg and a short drive to the world-renowned Gulf Coast beaches.

Perched on the second floor, this unit provides peace of mind during stormy weather, with no reported damage from recent storms, offering an added sense of security. Step inside and discover an open-concept living space filled with natural light. Sleek tile flooring extends throughout, while the recently remodeled kitchen boasts ample cabinetry, elegant countertops, and a stylish backsplash. The spacious bedrooms accommodate king-sized beds and feature abundant closet space, ensuring both comfort and practicality.

A private balcony overlooking a serene canal offers the perfect outdoor haven, where you can relax, take in the coastal breeze, and enjoy the sights of playful manatees and dolphins. In the evenings, marvel at the illuminated Skyway Bridge as it lights up the gently flowing waters, creating a picturesque backdrop.

Waterside at Coquina Key offers world-class, resort-style amenities, including two pools, a hot tub, tennis and pickleball courts, volleyball, basketball, a putting green, and even a dog park. The exclusive yacht club, situated on Tampa Bay, features a lap pool, spa, pier, and breathtaking sunset views. Paddleboard and kayak storage, bike racks, a fitness center, and social spaces such as a billiards room and barbecue area make this community a paradise for active and social lifestyles.

The HOA includes 24-hour guarded security, cable TV, exterior insurance, pest control, grounds maintenance, pool maintenance, trash, water, recreational facilities, escrow reserves, and repairs—adding exceptional value and peace of mind.

This property also comes with the rare and highly desirable deeded dry dock storage space, perfect for boats or trailers. These spots are in high demand, making this a standout opportunity for boating enthusiasts. Residents also have the option to rent or purchase boat docks when available, providing seamless access to Tampa Bay’s waterways.

Whether you’re looking for a full-time home, a vacation getaway, or an investment property, this condo offers incredible versatility, including short-term rental options (three times a year for stays under 30 days or unlimited for longer rentals).

Don’t miss your chance to own this tropical retreat on the exclusive Island of Coquina Key. Schedule your private showing today and start living the waterfront lifestyle of your dreams!

Features

  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Cable TV, Clubhouse, Fitness Center, Gated, Laundry, Lobby Key Required, Maintenance, Pool, Security, Tennis Court(s)
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Laundry: Laundry Closet
  • Complex: WATERSIDE AT COQUINA KEY SOUTH
  • Year Built: 1979
  • Approx Sq. Feet: 825
  • Est. Taxes: $3,209
  • Condo Fee: $820 Monthly
  • View: Water
  • Elem. School: Lakewood Elementary-PN
  • Middle School: Bay Point Middle-PN
  • High School: Lakewood High-PN
  • Pet Policy: Breed Restrictions, Number Limit
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Refrigerator, Washer
  • MLS#: TB8337668
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8337668/5116beachdrivese_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 1/14/2025 7:34:14 AM)
Listing courtesy of COASTAL PROPERTIES GROUP INTER   Phone: 813-553-6869

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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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5116 Beach DRIVE SE, #D, St. Petersburg, FL, 33705

$359,900

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $287,920 $287,920 $287,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.250% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.295% 7.421% 6.644%
Monthly Tax Payment $267 $267 $267
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,940 $1,964 $2,488
Total Monthly Payment $2,282 $2,306 $2,830

* 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.