CENTURY 21 Edge
$3,749,000$4,000,0004 bd5 ba6,367 sqft$589 /sqft$23,670 /mo all-in ↓

5264 61ST AVENUE S, ST PETERSBURG, FL, 33715

Active180 days on marketListed Feb 18, 2026MLS #TB8477321

Reduced $251KWaterfrontPrivate poolSingle Family ResidenceBAYWAY ISLES UNIT 2 REP

About this home

5264 61ST AVENUE S

Welcome to Island House, one of the most compelling luxury offerings in Bayway Isles II. Set within the exclusive guard-gated enclave of Bayway Isles, this extraordinary Mediterranean residence occupies an expansive homesite and offers a rare combination of scale, privacy, luxury, and lifestyle. Spanning approximately one acre—including a portion of the lake—the home enjoys tranquil lake views, spectacular sunsets, and a remarkable sense of privacy rarely found within St. Petersburg's island communities. Bayway Isles II remains one of Tampa Bay's most coveted addresses, known for distinguished residences, larger homesites, and an atmosphere of exclusivity. Encompassing nearly 6,400 square feet of curated living space and approximately 8,500 total square feet, the estate blends timeless architecture with modern refinement. Soaring 12-foot ceilings, marble flooring, solid wood doors with transoms, graceful archways, designer lighting, 2023 clay tile roof, and elegant finishes create a sense of understated grandeur throughout. The chef's kitchen showcases premium appliances, leathered imported granite, custom cabinetry, an oversized island, veggie sink, and breakfast area flowing seamlessly into the great room. Luxury amenities include a climate-controlled 160-bottle wine room, butler's pantry, whole-home Sonos audio, upgraded theater technology, and extensive recent improvements. The primary suite is a private sanctuary featuring a fireplace, morning bar, custom closets, and a spa-inspired bath with soaking tub, dual vanities, and steam shower. Two guest suites with en-suite baths are privately positioned opposite the primary wing, while a grand executive office and dedicated pool bath enhance functionality. Designed for entertaining, Island House features a true stadium-seat theater with reclining chairs and popcorn station, along with a spacious media room. Upstairs, a private one-bedroom suite includes a large bath, walk-in closet, full kitchen, and separate living area—ideal for guests, multigenerational living, or extended stays. The upper level also offers the opportunity to create an extraordinary second primary suite or private wing. Outside, the reimagined heated pool and spa feature newly installed tile, upgraded automation, lighting, equipment, and a saltwater system. A restaurant-caliber outdoor kitchen and separate outdoor bar with sink, refrigeration, and 85-inch television create an exceptional setting for sunset entertaining overlooking the lake. With 24-hour guard-gated security and convenient access to Gulf beaches, downtown St. Petersburg, marinas, and Tampa International Airport, Island House represents a rare offering where architectural presence, exceptional amenities, and resort-style living converge. Despite its stunning water views and expansive grounds, the residence has never flooded. Recently repositioned to $3,749,000, Island House now represents the least expensive, pristine estate-sized residence currently available in Bayway Isles II. Whether envisioned as a private family compound, entertainer's retreat, or multigenerational residence, Island House offers a level of privacy, scale, and resort-style living rarely found along Florida's Gulf Coast. The home may be sold fully furnished too. Seller intends to review offers through the end of June while reserving the right to accept an exceptional contract prior to that time. Features and updates sheet available.

Facts & features

The home at a glance

4

Bedrooms

5

Bathrooms

6,367

Sqft

0.96 ac

Lot size

3

Garage

2000

Year built

Two

Levels

$589

Per sqft

Private poolWaterfrontFireplacePool viewNegotiablePets allowed

Inside

FlooringBrick/Stone · Carpet · Ceramic Tile · Engineered Hardwood · Marble
AppliancesBar Fridge · Built-In Oven · Convection Oven · Cooktop · Dishwasher · Disposal · Dryer · Electric Water Heater · Exhaust Fan · Microwave · Range Hood · Refrigerator · Washer · Water Purifier · Water Softener · Wine Refrigerator
InteriorBuilt-in Features · Cathedral Ceiling(s) · Ceiling Fan(s) · Crown Molding · Dry Bar · Eating Space In Kitchen · High Ceilings · L Dining · Open Floorplan · Primary Bedroom Main Floor · Solid Surface Counters · Solid Wood Cabinets · Split Bedroom · Stone Counters · Thermostat · Walk-In Closet(s) · Wet Bar · Window Treatments
LaundryInside · Laundry Room
CoolingCentral Air · Zoned
HeatingCentral · Electric · Zoned
FurnishedNegotiable

Outside & construction

RoofTile
ConstructionBlock · Stucco
FoundationSlab
ViewPool
FacesSouth
ParkingCircular Driveway · Driveway · Garage Door Opener · Oversized
ExteriorFrench Doors · Irrigation System · Sliding Doors · Sprinkler Metered

Community & fees

HOA fee$122/mo
Taxes (2024)$21,037/yr
PetsYes
CommunityDeed Restrictions

Utilities & systems

UtilitiesCable Available · Fire Hydrant · Public · Sprinkler Recycled · Street Lights
WaterPublic

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.

$23,670 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$20,229
PMI (est., until 20% equity)$1,406
Property tax — 2024 actual bill$1,753
HOA fee — from the listing$122
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $374,900Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $374,900
Interest rate6.00%
Loan term

Estimated payment

$23,670/mo

Principal & interest$20,229
PMI (est., until 20% equity)$1,406
Property taxes (actual bill)$1,753
HOA / condo fee$122
Est. insurance$160

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

$589 vs $344

Days on market

180 vs 57 typical

Where $589/sqft sits among the 400 St Petersburg actives

142
129
59
28 · this home
11
31
$140–276$276–412$412–548$548–683$683–819$819+

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

Map of 5264 61ST AVENUE S inside its neighborhood boundary

Drive times from this address

Downtown Tampa35 min
Tampa Int’l Airport (TPA)35 min

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

MiddleBay Point Middle School★★★★★
ElementaryGulfport Montessori Elementary School★★★★★
HighLakewood High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The St Petersburg market

Seller’s marketLeans seller4.2 months of inventoryBuyer’s 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 1320% above the ST PETERSBURG 33715 median. See the full St Petersburg market guide →

Paper trail

This home's history

CurrentPrice reduced to $3,749,000 $251K
Feb 18, 2026Listed at $4,000,000 · 180 days on market since
2000Built · BAYWAY ISLES UNIT 2 REP

Reality check

What actually sold near 5264 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.

6152 52ND STREET SSold · Jun ’26

$4,850,000

6152 52ND STREET S · same community

6 bd · 6 ba · 5,542 sqft · $875/sqft · 245 DOM

4916 62ND AVENUE SSold · Jun ’26

$3,550,000

4916 62ND AVENUE S

4 bd · 5.5 ba · 4,827 sqft · $735/sqft · 206 DOM

6189 LEELAND STREET SSold · Aug ’25

$3,662,000

6189 LEELAND STREET S

4 bd · 4 ba · 4,565 sqft · $802/sqft · 230 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.

Shawn Headley

Your agent

Shawn Headley

Realtor · CENTURY 21 Edge

Tours, negotiation, and every question about 5264 61ST AVENUE S — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 5264 61ST AVENUE S — before you fall in love.

See it in person

Schedule a tour

Live availability from Shawn's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

5264 61ST AVENUE S FAQs

What would the monthly payment be for 5264 61ST AVENUE S?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $23,670/mo — principal and interest, the actual property-tax bill, the $122/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 5264 61ST AVENUE S?+

The association fee works out to $122 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 5264 61ST AVENUE S?+

The most recent tax bill on record (2024) was $21,037. 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 5264 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 $3,749,000, this home is listed about 758% above the St Petersburg median of $436,900. The market section on this page shows how the area is trending.

Which schools are assigned to 5264 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

$3,749,000 runs 1320% above the ST PETERSBURG 33715 median — but at 6,367 sqft it's also nearly 5 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

180 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 $4,000,000, now $3,749,000 — a $251K cut. The full history is in the market section below.

Listing courtesy of CHARLES RUTENBERG REALTY INC · Christopher Wescott. MLS #TB8477321.

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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