4851 WINDMILL PALM TERRACE NE, ST PETERSBURG, FL, 33703
Active14 days on marketListed Sep 27, 2026MLS #TB8552491
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About this home
4851 WINDMILL PALM TERRACE NE
Welcome to the beauty and ease of Florida living in this stunning single-story, 4-bedroom, 3-bath home tucked inside the guard-gated community of Placido Bayou. Surrounded by mature trees, winding streets, and natural preserves, Placido Bayou offers the rare combination of tranquility and security—just minutes from vibrant downtown St. Petersburg. Step inside to find a smart and fluid floor plan-perfect for the buyer who wants space or an ideal multi-generational layout. Every main room looks out to the sparkling, solar heated tropical pool where cabana-style curtains rustle in the breeze and frame the view onto the master landscaped backyard. Beautiful pavers and a serene area for a freestanding firepit create an oasis perfect for days in the sun or shaded poolside lounging. At the heart of the home, the showstopping-gourmet kitchen features a gas range with hood, chef’s kitchen island, large built-in pantry and breakfast bar—opening seamlessly to the vaulted hearth room with a cozy wood-burning fireplace and media built-ins. The sizable primary suite offers a peaceful escape with its elegant and beautifully renovated spa-like bathroom— complete with a marble double vanity, custom cabinetry, elegant soaking tub and oversized custom closet. Truly taking this bathroom suite to the next level, step into the changing room where you will find heated lamps, a towel warmer, luxurious step-in shower, commode and bidet. Guests and extended family will appreciate the private quarters among two additional separate areas within the home. A guest bedroom and pool bathroom with shower is hidden behind a door with chic design elements that are reminiscent of a stay at the Gasparilla Inn. Two additional bedrooms are located on the east side of the home with a shared full hall bathroom. Complete with two living areas, a dining room, and generous storage—a garage storage closet, attic space, an interior laundry room and a 2-car garage—this home is designed for both everyday convenience and luxury. Placido Bayou’s walkable streets, and serene fishing lakes make it a favorite for anyone who desires privacy while still being close to all the pleasures of city living. Furthermore, enjoy low HOA fees and a 24/7 staffed gatehouse. Just minutes to I-275, Tampa, two international airports, and the shops, dining, and waterfront charm of downtown St. Petersburg
Facts & features
The home at a glance
4
Bedrooms
3
Bathrooms
2,474
Sqft
0.17 ac
Lot size
2
Garage
1994
Year built
One
Levels
$443
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.
$6,624 /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
$7,628/mo
Includes estimated PMI — it drops off once you reach 20% equity. 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.
vs edgeAI estimate
−24.6%
$/sqft vs PLACIDO BAYOU
$443 vs $424
Days on market
14 vs 72 typical
Where $443/sqft sits among the 9 homes for sale in PLACIDO BAYOU
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
95.9%
Sale-to-list ratio (12 mo)
5 of 9
PLACIDO BAYOU have cut their price
Median sold price, St Petersburg, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 181% above the ST PETERSBURG 33703 median. See the full St Petersburg market guide →
Paper trail
This home's history
Reality check
What actually sold near 4851 WINDMILL PALM TERRACE NE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$1,085,000
1144 DARLINGTON OAK DRIVE NE · same community
4 bd · 3 ba · 2,346 sqft · $462/sqft · 21 DOM
Sold · Dec ’25$905,000
772 LIVE OAK TERRACE NE · same community
4 bd · 3 ba · 2,301 sqft · $393/sqft · 32 DOM
Sold · Sep ’26$855,500
4834 WINDMILL PALM TERRACE NE · same community
3 bd · 2 ba · 2,260 sqft · $379/sqft · 71 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
Elizabeth Elliott
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 4851 WINDMILL PALM TERRACE NE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 4851 WINDMILL PALM TERRACE NE — before you fall in love.
See it in person
Schedule a tour
Live availability from Elizabeth's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
4851 WINDMILL PALM TERRACE NE FAQs
What would the monthly payment be for 4851 WINDMILL PALM TERRACE NE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $6,624/mo — principal and interest, estimated property taxes, the $145/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 4851 WINDMILL PALM TERRACE NE?+
The association fee works out to $145 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 4851 WINDMILL PALM TERRACE NE?+
The most recent tax bill on record (2025) was $0. 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 4851 WINDMILL PALM TERRACE NE?+
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 $1,095,000, this home is listed about 161% above the St Petersburg median of $420,000. The market section on this page shows how the area is trending.
Which schools are assigned to 4851 WINDMILL PALM TERRACE NE?+
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 SMITH & ASSOCIATES REAL ESTATE · Janelle Chmura Pa. MLS #TB8552491.
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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