
4787 PALERMO COURT NE UNIT 4787, ST PETERSBURG, FL, 33703
Active18 days on marketListed Aug 2, 2026MLS #TB8534743
About this home
4787 PALERMO COURT NE UNIT 4787
PERFECT in Placido Bayou RENTAL ~ Location, Location, Location! Fall in LOVE with this UNIQUE UPDATED, villa-style 2 bedroom 1.5 bathroom RENTAL CONDO in the BEAUTIFUL EXCLUSIVE GATED Community of PLACIDO BAYOU ~ one of the BEST locations in Pinellas County! YOU WILL LOVE the maintenance free living in this community situated in the Northeast Placido Bayou Neighborhood! YOU WILL LOVE this RENOVATED Rental Condo! LOVE the abundance of natural light in this spacious 2 bedroom and 1.5 bathroom Condo with BEAUTIFUL PRIVATE BACKYARD PATIO VIEWS. Enjoy the spacious living/dining room combo area that is welcoming and provides a wonderful space to relax while enjoying company in the large kitchen. The UPDATED OPEN kitchen offers granite countertops, stainless-steel appliances and a breakfast bar. Enjoy the laundry closet located in the kitchen with stackable washer and dryer. YOU WILL LOVE the spacious Primary Bedroom with an en suite bathroom. The en suite bathroom offers a large vanity with a granite countertop, walk-in shower, and large custom walk-in closet. The 2nd Bedroom, which offers additional square footage, has a great view of the private backyard. Enjoy the private peaceful backyard that is completely fenced-in and offers easy maintenance artificial turf and pavers. This perfect family home has everything you could want from tile roof, open floor plan, vaulted ceilings, NEW light fixtures, NEW ceiling fans, GRANITE COUNTERTOPS, UPDATED bathrooms and much more! This home is open and inviting ~ allowing the chef to be part of the activity. Enjoy having an assigned parking spot and plenty of guest parking. The Rent fee includes ~ water, sewer, trash removal, CABLE TV, internet, exterior maintenance on building, lawn maintenance, 24 hr GATED security, and community pool! Enjoy renting this maintenance free lifestyle of living! Placido Bayou is one of the BEST locations offering quick access to DOWNTOWN ST. PETE, airports, beaches, interstates, shopping, and restaurants. YOU MUST SEE this little bit of Florida Paradise in this Guard Gated MAINTENANCE FREE COMMUNITY!
Facts & features
The home at a glance
2
Bedrooms
1.5
Bathrooms
910
Sqft
0 ac
Lot size
1987
Year built
One
Levels
$3
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$181 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
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
Estimated payment
$181/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; 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
$3 vs $348
Days on market
18 vs 57 typical
Where $3/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 Placido Bayou
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know St Petersburg. See the full St Petersburg guide →
Placido Bayou — neighborhood snapshot
Population
1,374
Median age
58
Median income
$119,934
Median home value
$576,400
Avg household
2
Households w/ children
91%
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)
230 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 99% below the ST PETERSBURG 33703 median. See the full St Petersburg market guide →
Paper trail
This home's history
Reality check
What actually sold near 4787 PALERMO COURT NE UNIT 4787
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$331,466
699 MALTA COURT NE · same community
4 bd · 3 ba · 1,950 sqft · $170/sqft · 120 DOM
Sold · Sep ’25$507,000
475 28TH AVENUE N
2 bd · 1 ba · 932 sqft · $544/sqft · 0 DOM
Sold · May ’26$575,000
144 ALMEDO WAY NE
2 bd · 1 ba · 966 sqft · $595/sqft · 1 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
Nicholas Giaccone
Director of Agent Success · CENTURY 21 Edge
Tours, negotiation, and every question about 4787 PALERMO COURT NE UNIT 4787 — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 4787 PALERMO COURT NE UNIT 4787 — before you fall in love.
See it in person
Schedule a tour
Live availability from Nicholas's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
4787 PALERMO COURT NE UNIT 4787 FAQs
What would the monthly payment be for 4787 PALERMO COURT NE UNIT 4787?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $181/mo — principal and interest, estimated property taxes 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.
Are pets allowed at 4787 PALERMO COURT NE UNIT 4787?+
The listing reports pets: Breed Restrictions, Cats OK, Dogs OK, Pet Deposit, 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 $2,900, this home is listed about 99% below the St Petersburg median of $430,000. The market section on this page shows how the area is trending.
Which schools are assigned to 4787 PALERMO COURT NE UNIT 4787?+
North Shore Elementary School (elementary), Northeast High School (high), Meadowlawn 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 KELLER WILLIAMS ST PETE REALTY · Tiffany Lettelleir. MLS #TB8534743.
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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