511 RIVIERA BAY DRIVE NE, ST PETERSBURG, FL, 33702
Active157 days on marketListed Mar 14, 2026MLS #TB8486821
About this home
511 RIVIERA BAY DRIVE NE
Discover a rare gem in the sought-after waterfront community of Riviera Bay! This meticulously maintained 4-bedroom, 2-bath lakefront pool home offers tranquility, elegance, and a lifestyle of convenience—all without ever experiencing flooding. Step outside to your private oasis, featuring a spacious screen-enclosed pool area with a paver deck and a covered patio perfect for al fresco dining. The serene views of the pool and pond create a picturesque backdrop for relaxing or entertaining. Inside, the heart of the home is the bright and inviting kitchen, boasting white Diamond cabinets, a large breakfast bar, and an eat-in nook with stunning water views. Adjacent is a cozy family room, ideal for gatherings or unwinding. The split-plan primary suite offers a peaceful retreat with a custom vanity, walk-in shower, large walk-in closet, and direct access to the pool. Three generously sized guest bedrooms share a second bathroom that doubles as a convenient pool bath. Thoughtful updates include a 2021 roof, impact-rated doors, windows, and garage door, plus additional hurricane shutters. New HVAC (2021), recessed lighting, an oversized laundry room, exterior lighting, and a reclaimed water irrigation system add to the home’s appeal. Centrally located, you’re just minutes from Tampa, Clearwater, downtown St. Petersburg, top-notch shopping, and dining. Don’t miss this opportunity to make this stunning home your own—schedule your private showing today!
Facts & features
The home at a glance
4
Bedrooms
2
Bathrooms
2,052
Sqft
0.28 ac
Lot size
2
Garage
1975
Year built
One
Levels
$402
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.
$5,278 /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
$5,278/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
+39.3%
$/sqft vs St Petersburg actives
$402 vs $343
Days on market
157 vs 57 typical
Where $402/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 Riviera Bay
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know St Petersburg. See the full St Petersburg guide →
Riviera Bay — neighborhood snapshot
Population
3,650
Median age
49
Median income
$114,177
Median home value
$430,807
Avg household
2
Households w/ children
376
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)
232 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 233% above the ST PETERSBURG 33702 median. See the full St Petersburg market guide →
Paper trail
This home's history
Reality check
What actually sold near 511 RIVIERA BAY DRIVE NE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Aug ’25$845,000
500 TALLAHASSEE DRIVE NE · same community
4 bd · 2 ba · 2,217 sqft · $381/sqft · 72 DOM
Sold · Nov ’25$525,000
601 RIVIERA BAY DRIVE NE · same community
3 bd · 2 ba · 1,830 sqft · $287/sqft · 158 DOM
Sold · Sep ’25$1,035,000
671 TALLAHASSEE DRIVE NE · same community
4 bd · 2 ba · 2,312 sqft · $448/sqft · 76 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
Alek Cherrone
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 511 RIVIERA BAY DRIVE NE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 511 RIVIERA BAY DRIVE NE — before you fall in love.
See it in person
Schedule a tour
Live availability from Alek's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
511 RIVIERA BAY DRIVE NE FAQs
What would the monthly payment be for 511 RIVIERA BAY DRIVE NE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,278/mo — principal and interest, the actual property-tax bill, the $8/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 511 RIVIERA BAY DRIVE NE?+
The association fee works out to $8 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 511 RIVIERA BAY DRIVE NE?+
The most recent tax bill on record (2025) was $4,187. 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 511 RIVIERA BAY DRIVE NE?+
The listing reports pets: Cats OK, Dogs OK. 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 $825,000, this home is listed about 89% 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 511 RIVIERA BAY DRIVE NE?+
Shore Acres Elementary School (elementary), Meadowlawn Middle School (middle), Northeast High School (high) — Pinellas County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$825,000 runs 233% above the ST PETERSBURG 33702 median — but at 2,052 sqft it's also 53% larger than the typical St Petersburg listing.
02Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
03Time on market is leverage
157 days on market against a St Petersburg median of 57 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Shore Acres Elementary School, Meadowlawn Middle School, Northeast High School — Shore Acres Elementary School rates 4 of 5. Always verify assignments with the district.
05The price has already moved
Listed at $875,000, now $825,000 — a $50K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of COMPASS FLORIDA LLC · Laura Blackwell. MLS #TB8486821.
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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