1285 Gasparilla Drive NE, St Petersburg, FL, 33702For Sale
$3,150,000
4beds4.00baths4384sqft

1285 Gasparilla Drive NE, St Petersburg, FL, 33702

MLS#: TB8484486
Single Family Residence
Built in 1991
0.3100 acre lot
$719/sqft
9 days on market
$20,124/yr tax

What's special

EXPANSIVE WATERFRONT HOME IN GUARD-GATED CAYA COSTA WITH 199 FT OF WATERFRONTAGE, 4 BEDROOMS + OFFICE + MEDIA ROOM + GYM, SALTWATER POOL, BOAT SLIP WITH 16,000 LB LIFT, AND 3-CAR GARAGE. Located in the guard-gated waterfront community of Caya Costa in Northeast St. Petersburg, this executive residence offers 4,384 sq ft of living space on a .34-acre lot with 199 ft of protected waterfront and wide open-water views along Weedon Island Preserve. Designed for both everyday living and entertaining, the home combines boating access, privacy, and a flexible floor plan rarely found in this location. The home includes 4 bedrooms, 3.5 bathrooms, private office, media room, gym, butler’s pantry, 3-car garage, and an extra-wide driveway for additional parking. Interior features include 10-ft ceilings, 8-ft doors, a dramatic two-story foyer, wood-burning fireplace, engineered wood flooring throughout (2024), and a wet bar with wine refrigerator for entertaining. The chef’s kitchen features Wolf, Sub-Zero, and Miele appliances, dual islands for gathering and meal preparation, abundant storage, and a butler’s pantry with prep kitchen. The private office includes custom built-in cabinetry and large windows providing natural light and a quiet workspace. The waterfront primary suite includes a sitting area overlooking the bay and direct access to the balcony. The ensuite bath features dual vanities, dual walk-in closets, soaking tub, walk-in shower, and separate water closet. Outdoor living is centered around the waterfront setting. A large open balcony accessed from the primary suite and media room overlooks the pool and backyard, providing a private vantage point for sunrise and sunset views. The covered lanai includes an outdoor kitchen with bar, dining area, TV, and lounge space overlooking the pool & water. The PebbleTec saltwater pool and spa (2021) overlooks the waterfront with updated pavers, pool equipment, and propane heater (2021). Mature tropical landscaping surrounds the backyard, creating a private outdoor setting with wide open-water views and no rear neighbors looking into the property. Gasparilla Drive NE is a quiet cul-de-sac with only 5 homes sharing a deep-water dock with 6 slips. The assigned slip includes a 16k lb boat lift (2018), water, and 30-amp shore power. Boaters enjoy calm protected water with direct access to Tampa Bay in under 10 minutes (no fixed bridges). Additional outdoor features include a kayak/paddleboard launch with storage, spray mosquito system, side yard turf (2026), and open water views with no neighbors. The home sits at 10.55 ft elevation and was not affected by the storms of 2024. Flood insurance is only $1,143/year. Recent improvements include three AC units replaced (2024-2025), tile roof (2017), flat roof under the upstairs balcony replaced (2026), and balcony decking replaced (2026). Additional features include an elevator and attic storage. Caya Costa offers a secure guard-gated entrance with a monthly HOA of $400. Conveniently located near Publix, Whole Foods, Target, Starbucks, dining, and everyday conveniences. Shorecrest Preparatory School and Canterbury School are approximately five minutes away. Downtown St. Petersburg is a 15-minute drive, and Tampa International Airport is approximately 20 minutes away. This property offers a rare combination of protected boating water, expansive waterfront views, gated privacy, and a secluded backyard setting rarely found in Tampa Bay waterfront homes.

9 days on Horizon Palm

Listing office: THE TENPENNY COLLECTION · MLS#: TB8484486


Map

1285 Gasparilla Drive NE, St Petersburg, FL, 33702


Facts & features

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4.00

Heating

Heating: Central, Electric, Heat Pump

Cooling

Cooling: Central Air, Zoned

Appliances

Appliances: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Wine Refrigerator

Features

Interior features: Built-in Features, Ceiling Fan(s), Central Vacuum, Crown Molding, Eating Space In Kitchen, Elevator, High Ceilings, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Wet Bar, Window Treatments
Flooring: Engineered Hardwood
Window features: Blinds, Drapes
Laundry: Inside, Laundry Room

Interior area

Total interior livable area: 4384 sqft

Room dimensions

Gym: 9.7x13.5 (First)
Kitchen: 19x11 (First)
Living Room: 19x25 (First)
Media Room: 18x25 (Second)
Office (First)
Primary Bedroom: 14.6x18.3 (Second)

Parking

Garage spaces: 3.00
Parking features: Driveway, Garage Door Opener

Features

Stories: 2.00
View: Trees/Woods, Water
Exterior features: Balcony, Dog Run, Fire Pit, French Doors, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower
Patio & porch: Covered, Deck, Patio, Rear Porch, Wrap Around
Pool: Yes
Pool features: Gunite, Heated, In Ground
Spa: Yes
Waterfront: Yes
Waterfront features: Bay/Harbor
Window features: Blinds, Drapes

Lot

Lot size: 0.3100 Acres
Lot features: Cul-De-Sac, City Lot, Landscaped, Street Dead-End

Details

Parcel number: 293017758780050040

Type & style

Home type: Single Family Residence

Materials

Construction materials: Stucco, Wood Frame
Foundation: Slab
Roof: Concrete, Tile

Condition

Year built: 1991

Community

Subdivision: Riviera Bay Second Add Pt Rep & Add

HOA

HOA: Yes
HOA fee: $401.66 monthly

Utilities

Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Sewer: Public Sewer

Details

Price/sqft: $719
Annual taxes: $20, 124 (2025)
Date on market: 03/12/2026
Days on market: 9
Listing terms: Cash, Conventional, VA Loan
Listing agent: Rachel Sartain Tenpenny
Listing office: THE TENPENNY COLLECTION
MLS ID: TB8484486

Price history

For Sale

2026-03-12T04:00:00.000Z · THE TENPENNY COLLECTION

$3,150,000

$719/sqft

Payment calculator

$1,827/mo
Principal & interest
$0
Property taxes
$1,677
Home insurance
$150

This is an estimate based on a 30-year fixed-rate mortgage at 6.75% APR. Actual rates and payments may vary. Contact a lender for exact quotes.


St Petersburg

St Petersburg, FLPinellas County33702
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