1515 PINELLAS BAYWAY S, #14, Tierra Verde, FL, 33715 | $388,000

Welcome to a rare investment opportunity in Tierra Verde, Florida, where short-term rentals and transient use are permitted—something increasingly difficult to find in Pinellas County real estate. Located in the desirable Holiday Island / Wander Residences waterfront community, this top-floor, end-unit 2-bedroom, 2-bathroom condo offers flexibility for daily rentals (3-day minimum), personal vacation use, or full-time living. The current owner has operated the property successfully as a high-performing Airbnb, and rental records are available upon request.

If you’ve been searching for a condo near St. Pete Beach or Fort De Soto that allows short-term rentals, this is an exceptional opportunity to own a property that can generate income while still enjoying it yourself. Buy now, generate cash flow, vacation when you want, and continue operating a successful short-term rental in Tierra Verde.

This bright and welcoming condo features a well-designed layout with beautiful side water views from the living room, primary bedroom, and private balcony, creating the perfect setting for relaxing after a day at the beach. The unit is super clean, freshly painted, and move-in ready with tile and luxury vinyl flooring throughout. Both bathrooms have been nicely updated, and the eat-in kitchen with breakfast bar offers functionality with room for future customization. Furnishings are optional, making it easy to create a turnkey rental property or vacation retreat.

The Holiday Island / Wander Residences community offers a true resort-style waterfront lifestyle with amenities that are highly attractive to vacation renters and residents alike. Features include a heated pool and jacuzzi, tennis and pickleball courts, boat dock with slips available for rent, day dock, kayak storage, bike storage, BBQ deck, and clubhouse with fitness room, billiards, and laundry facilities. The community is also pet friendly, adding even more appeal for guests and owners.

Location is a major highlight. Tierra Verde is one of the most sought-after waterfront communities in the Tampa Bay area, just minutes from the pristine beaches of Fort De Soto Park, St. Pete Beach, and Pass-a-Grille. Residents and visitors enjoy easy access to marinas, waterfront dining, and local favorites such as Billy’s Stone Crab and the Island Grille. The vibrant culture of Downtown St. Petersburg—known for its museums, nightlife, restaurants, and waterfront parks—is only about a 15-minute drive away.

Whether you are searching for a Tierra Verde investment property, a waterfront condo with strong rental income potential, or a Florida Gulf Coast vacation home, this property offers flexibility, location, and proven income performance.

Opportunities like this—a fairly priced waterfront condo in Pinellas County that allows short-term rentals and transient use—are extremely rare. Don’t miss the chance to own your own piece of paradise in Tierra Verde.

Features

  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 2
  • Amenities: Pickleball Court(s), Recreation Facilities
  • Rooms: 9
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Outside
  • Complex: WANDER RESIDENCES OF TIERRA VERDE
  • Year Built: 1990
  • Common Charge: $928 Monthly
  • Approx Sq. Feet: 835
  • Est. Taxes: $5,497
  • Lot Desc: Corner Lot, In County, Near Golf Course, Near Marina, Near Public Transit, Sidewalk
  • View: Water
  • Pet Policy: Breed Restrictions, Size Limit
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • MLS#: TB8501745
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/TB8501745/1515pinellasbayways_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 6/7/2026 4:37:18 AM)
Listing courtesy of CHARLES RUTENBERG REALTY INC   Phone: 727-538-9200

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NMLS Mortgage Loan Originator ID 16953

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1515 PINELLAS BAYWAY S, #14, Tierra Verde, FL, 33715

$388,000

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 $310,400 $310,400 $310,400
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.500% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.230% 6.650% 5.866%
Monthly Tax Payment $458 $458 $458
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,886 $1,962 $2,557
Total Monthly Payment $2,419 $2,495 $3,090

* 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.