4838 PARADISE WAY S, ST PETERSBURG, FL, 33705
Active96 days on marketListed May 12, 2026MLS #TB8507474
About this home
4838 PARADISE WAY S
Set at the quiet end of an exclusive no-through street, 4838 Paradise Way S. represents a rare opportunity to create your spectacular waterfront home in one of St. Petersburg’s most desirable boating locations. An exceptional pie-shaped lot spans .35 acres and offers an impressive 160 feet of deep-water frontage, complete with newer composite dock with boat lift and jet ski platform, in place. Fish directly from your dock, and enjoy the dolphins playing in the surrounding waters, and relax in the your peaceful and private waterfront haven. Facing southeast, the property is perfectly positioned to capture glorious morning sun across wide-open water views. The previous structure has been completely cleared, allowing for a seamless start to construction. Ready to design and build your custom waterfront estate, tailored to your vision and lifestyle. Please note there is an AI generated image of what a home COULD look like on the land. There is no building at this time, it is vacant land only. All construction is subject to local planning permits and guidelines. Despite its serene and secluded setting, the property is remarkably close to the energy and excitement of downtown St. Petersburg — just a 10-minute drive away, not much more by powerboat. Enjoy the city’s vibrant cultural scene, renowned waterfront parks, acclaimed dining, boutique shopping, galleries, museums, festivals, open-air entertainment, and the iconic St. Pete Pier. The city’s famous murals, which adorn buildings throughout downtown, add to the unique artistic spirit that has made St. Petersburg one of Florida’s most sought-after coastal destinations. Coming in the near future is an expansion to the Old South East waterfront, promising further boat moorings, dining and entertainment venues to complement residential developments. Come view this rare combination of tranquility, boating access, expansive waterfront, and proximity to one of Florida’s most dynamic downtowns. Note: Be aware this is a freshly cleared parcel. Uneven surface conditions exist due to clearing. Proper footwear is recommended.Any Visitor to this vacant lot agree and acknowledge that they shall use due care in their entry upon the property and not undertake any act that may result in injury.
Facts & features
The home at a glance
0.35 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.
$11,851 /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
$11,851/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 479% 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 4838 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 · Jan ’26$1,975,000
4830 PARADISE WAY S · same community
4 bd · 4 ba · 4,141 sqft · $477/sqft · 98 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
Cindy Fernandez
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 4838 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 4838 PARADISE WAY S — before you fall in love.
See it in person
Schedule a tour
Live availability from Cindy's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
4838 PARADISE WAY S FAQs
What would the monthly payment be for 4838 PARADISE WAY S?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $11,851/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 4838 PARADISE WAY S?+
The most recent tax bill on record (2025) was $22,562. 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 $1,700,000, this home is listed about 291% 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 4838 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.
Keep looking
Similar homes nearby
Listing courtesy of CHARLES RUTENBERG REALTY INC · Mary Finnegan. MLS #TB8507474.
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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