4903 WINDMILL PALM TERRACE NE, St. Petersburg, FL, 33703 | $638,000

Welcome to Placido Bayou, a 24/7 gated community in Northeast St. Petersburg. Instantly feel the peace and tranquility as you make your way through the attended security gate, driving down an oak lined entry street to this unique neighborhood. Birdlife galore, sidewalks for baby strollers, walking, bike riding and place to throw in a fishing line to catch a bass in one of the lakes. This is a wonderful opportunity to own a BLOCK home built in 1993 in the newer back part of the community "Neighborhood I". Modern flexible 3/2 split floorplan with new tile roof in 2020. This home is perfect for adding your personal touches upgrades, yet it is move in ready too, interior freshly painted with neutral colors. Vaulted high ceilings, built in closets and cabinets throughout, motorized blackout shades in primary and family room, wood burning fireplace, granite kitchen counters, newer hi end Samsung appliances in kitchen and laundry room and attractive laminate flooring. This home remained high and dry, zero water intrusion, no flooding. Generous storage closets throughout. Garage includes cabinetry shelving and an attic. Covered lanai looks out on a back yard that has more than enough room for a new pool or brick patio with fire pit, should you be tired of maintaining a pool. Let your imagination help turn this backyard into a beautifully curated personal oasis. This will not be lingering on the market at this price point. Mail outgoing/incoming is received directly to this home in your private mail box in the front yard. This single family home is priced to move. This "gem" affords the buyer with a opportunities to add their personal touches and create their special place to call home! Have fun dreaming about all the possibilities. . . a uniquely designed custom built pool or patio or fire pit. . . no limit to potential. Important to note. . . lived in lightly as it served as the second home. Come see!

Features

  • Amenities: Fence Restrictions, Gated, Security, Vehicle Restrictions
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Laundry Closet, Laundry Room
  • Year Built: 1993
  • Garage: 2-car Driveway, Garage Door Opener, On Street
  • Heating: Central, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 1,699
  • Acreage: 0.17
  • Est. Taxes: $4,891
  • HOA Fee: $135 Monthly
  • Lot Desc: Flood Insurance Required, FloodZone, City Lot, Landscaped, Level, Near Golf Course, Near Public Transit
  • Elem. School: North Shore Elementary-PN
  • Middle School: Meadowlawn Middle-PN
  • High School: Northeast High-PN
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: TB8418936
  • Days on Market: 47 days
  • Website: https://www.raveis.com
    /prop/TB8418936/4903windmillpalmterracene_stpetersburg_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 1/7/2026 12:00:48 AM)
Listing courtesy of PLACIDO BAYOU REALTY INC   Phone: 727-521-4273

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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4903 WINDMILL PALM TERRACE NE, St. Petersburg, FL, 33703

$638,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $510,400 $510,400 $510,400
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.125% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.285% 6.292% 5.609%
Monthly Tax Payment $408 $408 $408
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,898 $3,101 $4,137
Total Monthly Payment $3,398 $3,601 $4,637

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.