4750 DOLPHIN CAY LANE S UNIT 509, ST PETERSBURG, FL, 33711
Active176 days on marketListed Feb 25, 2026MLS #TB8479861
About this home
4750 DOLPHIN CAY LANE S UNIT 509
EXTRAORDINARY VALUE AT DOLPHIN CAY! Review the CLEAN HOME INSPECTION Report completed less than a month ago! A recent professional home inspection found the residence to be in exceptional condition, giving buyers added confidence and peace of mind. I think you will agree as well. Exceptional Value...Exceptional Investment Opportunity. Available fully furnished / Turn-Key or completely unfurnished, this beautifully updated 5th-floor corner waterfront residence is now offered at just $575,000—nearly $90,000 below a recent 5/07/2026 independent appraisal. This light-filled 2-bedroom, 2-bath corner residence offers over 1,630 square feet of combined interior and balcony living space, including three private balconies and floor-to-ceiling windows showcasing breathtaking sunrise and sunset views of the lake, Boca Ciega Bay, the Downtown St. Petersburg skyline, the Skyway bridge, and the Gulf of Mexico. The desirable split-bedroom floor plan offers privacy and flexibility, allowing buyers to move right in with furnishings in place or personalize the residence to suit their own style. Features include high quality updated flooring, fresh interior paint, crown molding, electric window blinds, newer HVAC system, in-unit washer and dryer, covered parking, private storage and more. Located within Dolphin Cay's private 88-acre waterfront preserve, residents enjoy an unmatched resort lifestyle with a private sandy beach, waterfront swimming pool overlooking Boca Ciega Bay, tennis courts, fitness center, clubhouse, fishing pier, library, kayak and bicycle storage, scenic walking trails, abundant wildlife, and 24-hour guard-gated security. The Dominica building has completed extensive capital improvements from 2023 through 2026, including a new roof, two new elevators, exterior painting, updated hallway flooring, upgraded fire alarm and sprinkler systems, enhanced landscaping, seawall improvements, and drainage upgrades, resurfaced parking areas, etc. The building successfully completed its Milestone Inspection with a clean Phase One report, and no Phase Two inspection was required. This Unit was Lovingly maintained by only three previous owners—all seasonal residents—this residence has been lightly lived in throughout its lifetime and has never been used as a rental property. Conveniently located just minutes from St. Pete Beach, Downtown St. Petersburg, Interstate 275, marinas, golf courses, world-class dining, shopping, and cultural attractions. The seller has intentionally priced this residence to facilitate a prompt sale. Combined with a recent clean inspection and pricing nearly $90,000 below appraisal, this represents one of the finest waterfront values currently available in Dolphin Cay. Opportunities like this are exceptionally rare. Schedule your private showing today before someone else recognizes the value.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,438
Sqft
2.59 ac
Lot size
1
Garage
1994
Year built
One
Levels
$400
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 — not generic estimates.
$4,357 /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
$4,357/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.
vs edgeAI estimate
+15.8%
$/sqft vs St Petersburg actives
$400 vs $343
Days on market
176 vs 57 typical
Where $400/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 St Petersburg
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know St Petersburg. See the full St Petersburg guide →
ST PETERSBURG 33711 — neighborhood snapshot
Population
18,347
Median age
38.5
Median income
$68,295
Median home value
$253,100
Avg household
2.35
Households w/ children
1,371
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)
234 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 92% above the ST PETERSBURG 33711 median. See the full St Petersburg market guide →
Paper trail
This home's history
Reality check
What actually sold near 4750 DOLPHIN CAY LANE S UNIT 509
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$260,000
7200 SUNSHINE SKYWAY LANE S UNIT 4B
2 bd · 2 ba · 1,450 sqft · $179/sqft · 130 DOM
Sold · Mar ’26$647,000
5700 ESCONDIDA BOULEVARD S UNIT 403
2 bd · 2 ba · 1,425 sqft · $454/sqft · 38 DOM
Sold · Nov ’25$280,000
7100 SUNSHINE SKYWAY LANE S UNIT 302
2 bd · 2 ba · 1,290 sqft · $217/sqft · 0 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
Krystina Allen
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 4750 DOLPHIN CAY LANE S UNIT 509 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 4750 DOLPHIN CAY LANE S UNIT 509 — before you fall in love.
See it in person
Schedule a tour
Live availability from Krystina's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
4750 DOLPHIN CAY LANE S UNIT 509 FAQs
What would the monthly payment be for 4750 DOLPHIN CAY LANE S UNIT 509?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,357/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 4750 DOLPHIN CAY LANE S UNIT 509?+
The most recent tax bill on record (2025) was $10,550. 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 4750 DOLPHIN CAY LANE S UNIT 509?+
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 $575,000, this home is listed about 34% above the St Petersburg median of $430,000. The market section on this page shows how the area is trending.
Which schools are assigned to 4750 DOLPHIN CAY LANE S UNIT 509?+
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
$575,000 runs 92% above the ST PETERSBURG 33711 median.
02City & Garden & Trees/Woods & Water views
The city and garden and trees/woods and water view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
176 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 $710,000, now $575,000 — a $135K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of PERSONAL REALTY ADVISERS · Rob Coscia. MLS #TB8479861.
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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