1515 PINELLAS BAYWAY S UNIT 40, ST PETERSBURG, FL, 33715
Active208 days on marketListed Jan 20, 2026MLS #TB8466236
About this home
1515 PINELLAS BAYWAY S UNIT 40
Escape to island living or invest in a hassle-free vacation rental with nearly no restrictions. GREAT RENTAL HISTORY! This charming one-bedroom, one-bath condo on tranquil Tierra Verde is ready to be your personal oasis or income-generating property. This fully furnished condo offers a spacious covered patio with sweeping vistas of the gardens. This property is ideal for a primary residence, vacation retreat, or investment property. With no restrictions on rental minimums or frequency, it provides an exceptional opportunity for investors. Rent it out while you're away to offset costs, or simply enjoy it as your personal getaway. Owners can have one pet under 20 pounds, adding to the appeal for pet lovers. The well-maintained complex offers lush landscaping and ample green spaces, creating a peaceful atmosphere. Enjoy a variety of amenities, including a spacious observation dock with gas grills and seating for sunset views, a resort-style heated pool and hot tub, tennis and pickleball courts, and a car wash station. Kayaks are easily stored near the shoreline, and bicycles can be safely kept under the Club House. Inside, the Club House features a billiards table, a small gym, and a community laundry room. Owners also have access to on-site marina dock rentals (waitlist may apply). Located close to local dining and just a short bike ride to Fort DeSoto Park and its award-winning beaches, this property offers the best of island living. A quick drive will take you to St. Pete Beach, downtown St. Petersburg, and all the attractions of the Tampa Bay area, including easy access to airports. Whether you're looking for a serene retreat or a low-maintenance rental property, this condo is ready for immediate enjoyment or investment. Make it yours today!
Facts & features
The home at a glance
1
Bedrooms
1
Bathrooms
665
Sqft
1990
Year built
One
Levels
$329
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.
$1,898 /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
$1,898/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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
−39.4%
$/sqft vs St Petersburg actives
$329 vs $343
Days on market
208 vs 57 typical
Where $329/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 33715 — neighborhood snapshot
Population
7,932
Median age
62.6
Median income
$105,068
Median home value
$539,700
Avg household
1.99
Households w/ children
442
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)
228 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 15% below the ST PETERSBURG 33715 median. See the full St Petersburg market guide →
Paper trail
This home's history
Reality check
What actually sold near 1515 PINELLAS BAYWAY S UNIT 40
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’25$300,000
1515 PINELLAS BAYWAY S UNIT 25 · same community
1 bd · 1 ba · 665 sqft · $451/sqft · 36 DOM
Sold · Jul ’26$370,000
1515 PINELLAS BAYWAY S UNIT 14 · same community
2 bd · 2 ba · 835 sqft · $443/sqft · 52 DOM
Sold · Jul ’26$440,000
200 1ST AVENUE UNIT 107
1 bd · 1 ba · 655 sqft · $672/sqft · 98 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
Kat Bonelli
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 1515 PINELLAS BAYWAY S UNIT 40 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1515 PINELLAS BAYWAY S UNIT 40 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Kat's phone and CRM.
Straight answers
1515 PINELLAS BAYWAY S UNIT 40 FAQs
What would the monthly payment be for 1515 PINELLAS BAYWAY S UNIT 40?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,898/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 1515 PINELLAS BAYWAY S UNIT 40?+
The most recent tax bill on record (2024) was $4,222. 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 1515 PINELLAS BAYWAY S UNIT 40?+
The listing reports pets: Breed Restrictions, Size Limit. 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 $219,000, this home is listed about 50% below the St Petersburg median of $435,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1515 PINELLAS BAYWAY S UNIT 40?+
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
01Under the ST PETERSBURG 33715 market on paper
$219,000 is 15% below the ST PETERSBURG 33715 median of $259,000, and at $329/sqft it sits under the St Petersburg average of $380.
02Move-in furnished
The furniture conveys — a genuine head start for a second home or rental, and one less five-figure line item after closing.
03Time on market is leverage
208 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 $269,000, now $219,000 — a $50K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of RE/MAX REALTY UNLIMITED · Kira Shaw. MLS #TB8466236.
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.
Never miss a listing
New St Petersburg homes, in your inbox
Like 1515 PINELLAS BAYWAY S UNIT 40 but not quite? A daily digest of every new listing in St Petersburg — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Kat to ping you on any price or status change →