1285 GASPARILLA Drive, ST PETERSBURG, FL 33702
For Sale1 / 60

$3,150,000

4 bd·3.5 ba·4,384 sqft

1285 GASPARILLA Drive, ST PETERSBURG, FL 33702

MLS# TB8484486

Type

House

Year Built

1991

Lot Size

0.31 acres

$/sqft

$719

Days on Market

10

Annual Tax

$20,124.35

PoolWaterfrontWater ViewWood FloorsFireplaceWalk-in ClosetGarageCul-de-sac

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.

10 days on Horizon Palm · Listing office: THE TENPENNY COLLECTION

Facts & Features

Bedrooms: 4
Bathrooms: 3.5
Interior Area: 4,384 sqft
Appliances: Wine Refrigerator
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
Fireplace: Yes
Garage Spaces: 3
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
Waterfront: Yes
Lot Size: 0.31 acres
Parcel #: 293017758780050040
Property Type: House
Construction: Stucco,Wood Frame
Foundation: Slab
Roof: Concrete,Tile
Year Built: 1991
New Construction: No
Subdivision: RIVIERA BAY SECOND ADD PT REP & ADD
HOA: Yes
HOA Fee: $401.66
HOA Frequency: Monthly
Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Price/sqft: $719
Annual Tax: $20,124.35
Tax Year: 2025
Days on Market: 10
Listing Agent: Rachel Sartain Tenpenny
Listing Office: THE TENPENNY COLLECTION
MLS #: TB8484486

Price & Listing History

DateEventPrice
+058163-04-05For Sale$3,150,000($719/sqft)

Payment Calculator

$19,072/mo

Principal & Interest$16,345
Property Taxes$1,677
Home Insurance$1,050

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

Neighborhood

ST PETERSBURG, FLPinellas County
See more homes in ST PETERSBURG

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.