5237 61ST AVENUE S, ST PETERSBURG, FL, 33715
Active319 days on marketListed Oct 2, 2025MLS #TB8432616
About this home
5237 61ST AVENUE S
Introducing a Contemporary Waterfront Masterpiece in Tampa Bay. Striking modern architecture and clean, minimalist design come together in this extraordinary custom-built waterfront residence. Completed in 2023, this home makes a bold statement with its commanding curb appeal, soaring 28-foot entry, and dramatic 23-foot foyer. Brilliant natural light, soaring ceilings, and meticulous craftsmanship set the stage for a refined coastal lifestyle. The open-concept floor plan highlights a chef’s dream kitchen with custom cabinetry, pearl-white quartz island, Thermador appliances, gas cooking, full-height wine chiller, and built-in espresso machine, complemented by a discreet butler’s pantry. Expansive living and dining areas open seamlessly to the water, while the executive-style office and designer guest bath add both elegance and function. The owner’s suite is a private sanctuary with breathtaking views, balcony access, dual walk-in closets, and a spa-inspired bath featuring custom vanities, a Jacuzzi soaking tub, and a glass-enclosed multi-head rain shower. Upstairs, two additional en suite bedrooms and a large media room extend to a 330-square-foot covered terrace with commanding views of the bay. Outdoor living is elevated with over 1,200 square feet of covered waterfront terraces, a resort-style pool and spa, outdoor kitchen, and lush landscaping. Waterfront amenities include an updated seawall, large composite dock, kayak/paddleboard launch, boat lift, and mooring capacity for a sizable yacht. Located just ten minutes from downtown St. Petersburg and six minutes from the Gulf beaches, this residence offers an extraordinary blend of serenity and convenience. Nestled within the highly coveted, gated enclave of Bayway Isles, the community is distinguished by its 24/7 guarded security, pristine surroundings, and enduring sense of privacy. This estate is not simply a residence but a testament to vision, artistry, and uncompromising craftsmanship. More than a home—it’s a statement of modern luxury and life without compromise. Arrange your private showing today and experience the pinnacle of waterfront living.
Facts & features
The home at a glance
4
Bedrooms
4.5
Bathrooms
4,511
Sqft
0.32 ac
Lot size
3
Garage
2023
Year built
Three Or More
Levels
$1,685
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$50,229 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$50,229/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs St Petersburg actives
$1,685 vs $344
Days on market
319 vs 57 typical
Where $1,685/sqft sits among the 400 St Petersburg actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Bayway Isles
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know St Petersburg. See the full St Petersburg guide →
Bayway Isles — neighborhood snapshot
Population
1,734
Median age
69
Median income
$52,097
Median home value
$470,700
Avg household
2
Households w/ children
43%
For the school run
Pinellas County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The St Petersburg market
$380K → $402K
St Petersburg median sold, yr/yr
95.8%
Sale-to-list ratio (12 mo)
233 of 400
St Petersburg actives have cut their price
Median sold price, St Petersburg, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 2857% above the ST PETERSBURG 33715 median. See the full St Petersburg market guide →
Paper trail
This home's history
Reality check
What actually sold near 5237 61ST AVENUE S
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$4,850,000
6152 52ND STREET S · same community
6 bd · 6 ba · 5,542 sqft · $875/sqft · 245 DOM
Sold · Aug ’25$3,662,000
6189 LEELAND STREET S
4 bd · 4 ba · 4,565 sqft · $802/sqft · 230 DOM
Sold · Jan ’26$3,100,000
4900 59TH AVENUE S
4 bd · 4.5 ba · 4,400 sqft · $705/sqft · 298 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Jasmine Ince
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5237 61ST AVENUE S — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5237 61ST AVENUE S — before you fall in love.
See it in person
Schedule a tour
Live availability from Jasmine's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5237 61ST AVENUE S FAQs
What would the monthly payment be for 5237 61ST AVENUE S?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $50,229/mo — principal and interest, the actual property-tax bill, the $83/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 5237 61ST AVENUE S?+
The association fee works out to $83 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 5237 61ST AVENUE S?+
The most recent tax bill on record (2024) was $73,515. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 5237 61ST AVENUE S?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in St Petersburg?+
At $7,600,000, this home is listed about 1647% above the St Petersburg median of $435,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5237 61ST AVENUE S?+
Bay Point Middle School (middle), Gulfport Montessori Elementary School (elementary), Lakewood High School (high) — Pinellas County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$7,600,000 runs 2857% above the ST PETERSBURG 33715 median — but at 4,511 sqft it's also nearly 3 times the size of the typical St Petersburg listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
319 days on market against a St Petersburg median of 57 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $7,950,000, now $7,600,000 — a $350K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of MICHAEL SAUNDERS & COMPANY · Julie Larsen. MLS #TB8432616.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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