4811 PARADISE WAY S, ST PETERSBURG, FL, 33705
Active264 days on marketListed Nov 24, 2025MLS #TB8450933
About this home
4811 PARADISE WAY S
Discover an exceptional waterfront opportunity on scenic Paradise Way in Southern St. Petersburg. This rare, over-sized vacant residential lot sits directly on Little Bayou and offers un-restricted, deep-water access to Tampa Bay—an ideal setting for boaters and waterfront enthusiasts. Recently cleared and measuring approximately 135 feet wide by 128 feet deep (0.39 acres), this expansive parcel can easily accommodate a large estate-style home. Located on a quiet cul-de-sac, the property enjoys gentle bay breezes, a peaceful sense of privacy, and a protected position that still captures beautiful, wide-open water views. Key improvements have already been completed, including a newer seawall, full demolition, a soil report, and a current survey—making this a smooth and ready canvas for your builder of choice. Just minutes from Downtown St. Petersburg, the Marina District, I-275, and the world-class Gulf Beaches, this premium homesite blends tranquility with incredible convenience. Whether for a custom luxury residence or a modern coastal retreat, this Paradise Way lot is the perfect place to bring your dream home to life.
Facts & features
The home at a glance
0.39 ac
Lot size
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 — not generic estimates.
$7,488 /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
$7,488/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.
Where it sits
Inside Coquina Key
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know St Petersburg. See the full St Petersburg guide →
Coquina Key — neighborhood snapshot
Population
4,069
Median age
46
Median income
$104,283
Median home value
$329,549
Avg household
2
Households w/ children
309
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)
Median sold price, St Petersburg, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 303% above the ST PETERSBURG 33705 median. See the full St Petersburg market guide →
Paper trail
This home's history
Reality check
What actually sold near 4811 PARADISE WAY S
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$740,000
4610 CYPRESS WAY S · same community
3 bd · 2 ba · 1,869 sqft · $396/sqft · 111 DOM
Sold · Jul ’26$290,000
661 63RD AVENUE S
2 bd · 1 ba · 818 sqft · $355/sqft · 13 DOM
Sold · Jan ’26$280,000
716 62ND AVENUE S
2 bd · 1 ba · 870 sqft · $322/sqft · 121 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
Kevin Johnson
CEO & Managing Broker · CENTURY 21 Edge
Tours, negotiation, and every question about 4811 PARADISE WAY S — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 4811 PARADISE WAY S — before you fall in love.
See it in person
Schedule a tour
Live availability from Kevin's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
4811 PARADISE WAY S FAQs
What would the monthly payment be for 4811 PARADISE WAY S?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $7,488/mo — principal and interest, the actual property-tax bill 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.
What are the property taxes on 4811 PARADISE WAY S?+
The most recent tax bill on record (2024) was $5,180. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in St Petersburg?+
At $1,195,000, this home is listed about 177% above the St Petersburg median of $431,250. The market section on this page shows how the area is trending.
Which schools are assigned to 4811 PARADISE WAY S?+
Lakewood Elementary School (elementary), Lakewood High School (high), Bay Point Middle School (middle) — Pinellas County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$1,195,000 runs 303% above the ST PETERSBURG 33705 median.
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
264 days on market against a St Petersburg median of 57 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of KELLER WILLIAMS ST PETE REALTY · Zach Zehnder. MLS #TB8450933.
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.
Never miss a listing
New St Petersburg homes, in your inbox
Like 4811 PARADISE WAY S but not quite? A daily digest of every new listing in St Petersburg — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Kevin to ping you on any price or status change →