To schedule a showing of 4731 Coconut Palm Circle, Saint Petersburg, Florida, Call David Shippey at 863-521-4517 TODAY!

$1,350,000 Reduced -$50,000
4731 Coconut Palm Circle
Saint Petersburg, FL 33703
  • 3Beds
  • 3.00Total Baths
  • 2 Full, 1 HalfBaths
  • 3,069SqFt
  • 1989Year Built
  • 0.29Acres
  • MLS# TB8490308
  • Residential
  • SingleFamilyResidence
  • Active

  • Approx Time on Market2 months, 12 days
  • Area33703 - St Pete
  • CountyPinellas
  • Subdivision Placido Bayou

Overview

Dont miss this spectacular lakefront estate home located in the 24-hour gated community of Placido Bayou, in a prime St. Petersburg location. This stunning two-story residence offers 3 bedrooms, 2.5 baths, soaring ceilings, and a dramatic second-level catwalk overlooking a versatile loft perfect for a home office or study space. Beveled glass entry doors welcome you into an elegant interior featuring marble flooring in all the right places and beautiful hardwood floors throughout the upstairs, dining room, family room, and first-floor master suite, adding warmth and sophistication throughout the home. The gourmet kitchen is appointed with granite countertops, a propane gas cooktop, and electric ovens, and opens seamlessly to the family room with a breakfast bar, ideal for entertaining. Enjoy breathtaking views of the largest lake in Placido from every ground-floor room. The formal dining and living rooms are a rare find, showcasing high ceilings and elegant finishes, while upstairs, a charming catwalk leads to two spacious bedrooms connected by a full Jack-and-Jill bath. The highly desirable first-floor master suite features hardwood flooring, a luxurious en-suite bath with a whirlpool tub and a large walk-in shower. Step outside to your private Pebble-Tec pool with brick pavers and take in spectacular lake views surrounded by lush palm landscaping, creating your own Florida oasis. This home is loaded with extras, including a granite desk in the kitchen, a granite wet bar in the family room, a library area, a walk-in pantry, a wine cooler, dual A/C heat pumps for east and west zones, and much more. Recent upgrades provide exceptional value and peace of mind, including all new hurricane-rated windows with over $100,000 invested, a new HVAC unit, a new tongue-and-groove wood ceiling in the lanai, a new seawall, and new pool equipment, including a pool heater. The neighborhood of Placido Bayou was virtually unscathed by Hurricanes Helene and Ian, further enhancing the appeal of this remarkable property. Furnishings may be negotiated as part of the purchase.



Agriculture / Farm

Association Fees / Info

Community Features:  Waterfront, Gated, StreetLights, Sidewalks

Pets Allowed:  Yes

Hoa Frequency Rate:  165

Association:  Yes

Association Amenities:  Gated

Hoa Fees Frequency:  Monthly

Association Fee Includes:  ReserveFund, RoadMaintenance, Sewer, Security, Trash

Bathroom Info

Total Baths:  3.00

Fullbaths:  2

Building Info

Window Features:  Blinds, Drapes, Shutters, WindowTreatments

Roof:  Tile

Building Area Source:  PublicRecords

Buyer Compensation

Exterior Features

Style:  Florida

Pool Features:  Gunite, InGround, ScreenEnclosure

Pool Private:  Yes

Exterior Features:  SprinklerIrrigation

Fees / Restrictions

Financial

Original Price:  $140,000

Disclosures:  CovenantsRestrictionsDisclosure,FloodInsuranceRequired

Garage / Parking

Parking Features:  Driveway

Attached Garage:  Yes

Garage:  Yes

Green / Env Info

Green Water Conservation:  WaterRecycling

Interior Features

Fireplace Desc:  FamilyRoom, Gas

Fireplace:  Yes

Floors:  Carpet, Marble, Wood

Levels:  Two

Laundry Features:  Inside, LaundryRoom

Interior Features:  CeilingFans, CrownMolding, CathedralCeilings, HighCeilings, LivingDiningRoom, MainLevelPrimary, StoneCounters, WalkInClosets, WindowTreatments, SeparateFormalDiningRoom, SeparateFormalLivingRoom, Loft

Appliances:  Dryer, Dishwasher, ElectricWaterHeater, Freezer, Disposal, Microwave, Range, Refrigerator, WineRefrigerator, Washer

Lot Info

Direction Remarks:  From 1st St N and 38th Ave N, head North onto 1st St, then turn right onto 47th Ave. After the community entrance to Placido Bayou, continue straight onto Placido Pkwy Loop, then turn left onto Coconut Palm Cir NE, and the home will be on the left with a sign.

Lot Size Units:  Acres

Lot Size Acres:  0.29

Lot Sqft:  12,798

Est Lotsize:  80x135

Vegetation:  PartiallyWooded

Lot Desc:  CityLot, PrivateRoad, BuyerApprovalRequired, Landscaped

Misc

Other

Equipment:  FuelTanks, IrrigationEquipment

Special Conditions:  None

Security Features:  GatedCommunity

Other Rooms Info

Property Info

Section:  05

Class Type:  SingleFamilyResidence

Property Sub Type:  SingleFamilyResidence

Property Condition:  NewConstruction

Construction Materials:  WoodFrame

Stories:  2

Total Stories:  2

Foundation:  Slab

Room Info

Total Rooms:  7

Sqft Info

Sqft:  3,069

Bulding Area Sqft:  3,867

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,025

Tax Lot:  4

Tax Legal Description:  PLACIDO BAYOU UNIT 2 BLK 7, LOT 4

Tax Block:  7

Tax Annual Amount:  15585

Tax Book Number:  97-98

Unit Info

Utilities / Hvac

Heating:  Electric, HeatPump

Water Source:  Public

Sewer:  PublicSewer

Cool System:  CentralAir, Other, CeilingFans

Cooling:  Yes

Heating:  Yes

Utilities:  CableAvailable, ElectricityConnected, Propane, SewerConnected, UndergroundUtilities, WaterAvailable, WaterConnected

Waterfront / Water

Waterfront:  Yes

Waterfront Features:  LakeFront, LakePrivileges

View:  Yes

View:  Lake, Water

Directions

From 1st St N and 38th Ave N, head North onto 1st St, then turn right onto 47th Ave. After the community entrance to Placido Bayou, continue straight onto Placido Pkwy Loop, then turn left onto Coconut Palm Cir NE, and the home will be on the left with a sign.

This listing courtesy of A Better Life Realty 

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Price & Status History (on davidshippey.com since Tue, Apr 7th 2026)
  • Original Price: $140,000
  • Current Price: $1,350,000
  • Price Increased: $1,210,000
Date ChangedFromTo
05/28/2026$1,400,000 $1,350,000 Reduced by $50,000

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If you have any questions on 4731 Coconut Palm Circle, Saint Petersburg, Florida, please call David Shippey at 863-521-4517.


MLS# TB8490308 located at 4731 Coconut Palm Circle, Saint Petersburg, Florida is brought to you by David Shippey REALTOR®

4731 Coconut Palm Circle, Saint Petersburg, Florida has 3 Beds, 2 Full Bath, and 1 Half Bath.
The MLS Number for 4731 Coconut Palm Circle, Saint Petersburg, Florida is TB8490308.
The price for 4731 Coconut Palm Circle, Saint Petersburg, Florida is $1,350,000.
The status of 4731 Coconut Palm Circle, Saint Petersburg, Florida is Active.
The subdivision of 4731 Coconut Palm Circle, Saint Petersburg, Florida is Placido Bayou.
The home located at 4731 Coconut Palm Circle, Saint Petersburg, Florida was built in 2026.