1109 PINELLAS BAYWAY S, #306, Tierra Verde, FL, 33715 | $499,000

Price Reduced! This townhome offers one of the BEST values on the island of Tierra Verde! Welcome to Pelican Isles on Tierra Verde. This well-maintained, three-level townhome offers 2 bedrooms, 2. 5 bathrooms, and thoughtful design features throughout.

The ground level includes an entry foyer and an oversized garage with additional storage. Upstairs, the main living area features gleaming wood floors, a convenient half bath, and access to a screened porch with a spiral staircase that connects to the shaded patio below. The kitchen opens to the dining and living areas, offering a comfortable, functional layout with plenty of counter space and tons of storage.

On the top floor, you’ll find two generously sized bedrooms—each with its own en-suite bathroom. The primary suite includes four closets, providing ample storage not often found in similar floor plans.

Additional highlights include custom wrought-iron stair railings, handcrafted by a local artisan, and access to the community pool.
Located in the heart of Tierra Verde, Pelican Isles offers convenient access to Fort De Soto Park, Pass-a-Grille, St. Pete Beach, the Pinellas Bayway, and Downtown St. Pete. This residential island community is known for its relaxed, boating-focused lifestyle, waterfront dining, and proximity to award-winning beaches and outdoor recreation. Residents of Pelican Isles enjoy a well-maintained community with pavered streets, a pool, and a waterfront tiki hut, ideal for gathering with neighbors or enjoying quiet time outdoors. Fort De Soto, just minutes away, offers beaches, trails, kayaking, and more, making this an excellent location for those who value both natural beauty and city convenience

Features

  • Amenities: Maintenance, Pool
  • Rooms: 7
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Laundry: Inside, Laundry Room, Upper Level
  • Style: Coastal, Florida
  • Year Built: 1997
  • Garage: 2-car Covered, Garage Door Opener, Golf Cart Parking, Ground Level, Guest, Oversized
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,950
  • Acreage: 0.03
  • Est. Taxes: $2,370
  • HOA Fee: $564 Monthly
  • Condo Fee: $68 Annual
  • Lot Desc: Flood Insurance Required, FloodZone, Landscaped, Near Marina, Sidewalk
  • View: Garden
  • Elem. School: Bay Point Elementary-PN
  • Middle School: Bay Point Middle-PN
  • High School: Lakewood High-PN
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: TB8398492
  • Days on Market: 170 days
  • Website: https://www.raveis.com
    /prop/TB8398492/1109pinellasbayways_tierraverde_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 1/6/2026 11:37:23 PM)
Listing courtesy of Compass Florida LLC   Phone: 727-339-7902

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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

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1109 PINELLAS BAYWAY S, #306, Tierra Verde, FL, 33715

$499,000

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 $399,200 $399,200 $399,200
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 $198 $198 $198
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,267 $2,426 $3,235
Total Monthly Payment $2,540 $2,699 $3,508

* 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.