1040 PASEO DEL RIO, ST PETERSBURG, FL, 33702
For Sale1 / 100

$1,325,000

4 bd·4.5 ba·3,607 sqft

1040 PASEO DEL RIO, ST PETERSBURG, FL, 33702

MLS# TB8431967

Type

House

Year Built

2005

Lot Size

0.21 acres

$/sqft

$367

Days on Market

176

Annual Tax

$8,795.24

FULLY RENOVATED WATERFRONT END-UNIT | NEW ROOF (2026) | DEEDED BOAT SLIP + 20,000 LB LIFT | GATED COMMUNITY - A rare and exceptional offering in the highly sought-after gated community of Portofino at Venetian Bay—this fully renovated (2023) waterfront end-unit 3-story cement block townhome delivers the perfect blend of luxury, privacy, and true Florida lifestyle living. The property remained high and dry during the 2024 storms! Positioned on the tranquil bayou waters with direct access to Tampa Bay and the Gulf, this residence includes a deeded 40’ boat slip with 20,000 lb lift, located just behind the home. Enjoy approximately 8–12 feet of water depth and the unmatched backdrop of protected Weedon Island Preserve, ensuring peaceful, unobstructed views where your backyard neighbors include seabirds, manatee and tarpon. Enjoy your morning coffee in complete tranquility, with peaceful preserve views that make you feel miles away from the city. Spanning nearly 4,000 sq ft of indoor and outdoor living, this home has been extensively and thoughtfully renovated with high-end finishes throughout. A brand new roof (2026) provides immediate value and peace of mind, while Pella windows and doors, smooth retextured walls, custom lighting, solid wood doors, engineered hardwood and luxury vinyl flooring, and custom closets elevate the entire interior. The completely reimagined gourmet kitchen (2023) features custom wood cabinetry, quartz countertops, and a full suite of GE Profile appliances, designed for both everyday living and entertaining. All bathrooms have been fully renovated with designer finishes, creating a cohesive, move-in-ready experience. The spacious and flexible layout includes oversized en-suite guest bedrooms and a luxurious primary suite with private balcony and stunning water views. Outdoor living is where this home truly shines—offering a two-story screened-in panoramic enclosure designed for year-round enjoyment. Relax or entertain with a 2021 spa, built-in grill, and retractable sunshade, creating a private resort-style setting unlike anything else in the community. Additional highlights include a two-car garage, HVAC approximately 7 years old, water heater approximately 6 years old, water softener (2022), and garage door opener (2024). Residents of Portofino enjoy gated security and a community pool all ideally located just 20 minutes to Downtown Tampa and St. Petersburg and minutes to Tampa International Airport. This is a rare opportunity to own a fully renovated, turnkey waterfront property with true boating capability, exceptional outdoor living, and a premier Tampa Bay location—properties of this caliber seldom come to market.

176 days on Horizon Palm · Listing office: FLORIDA EXECUTIVE REALTY

Facts & Features

Bedrooms: 4
Bathrooms: 4.5
Interior Area: 3,607 sqft
Garage Spaces: 2
Waterfront: Yes
Lot Size: 0.21 acres
Parcel #: 203017938660030110
Property Type: House
Year Built: 2005
Subdivision: VENETIAN BAY
Price/sqft: $367
Annual Tax: $8,795.24
Tax Year: 2025
Days on Market: 176
Listing Agent: Wendy Ross
Listing Office: FLORIDA EXECUTIVE REALTY
MLS #: TB8431967

Price & Listing History

DateEventPrice
+058185-02-28For Sale$1,325,000($367/sqft)

Payment Calculator

$8,050/mo

Principal & Interest$6,875
Property Taxes$733
Home Insurance$442

This calculator is for informational purposes only. Actual payments may vary.

Neighborhood

ST PETERSBURG, FLPinellas County
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use. © 2026 Stellar MLS / BeachesMLS. All rights reserved. Last updated: 3/20/2026.