Florida
St Petersburg
4718 PARADISE WAY S

$2,000,000

4718 PARADISE WAY S, St Petersburg, FL 33705

Land
Built in ——
0.27acre lot
—— car garage
$——/sqft
Listed 10 days ago

Property Description

Short Sale. Short Sale. A rare chance to own and complete a one-of-a-kind waterfront estate—this striking new construction home stands as the tallest single-family residential structure in St. Petersburg, offering unobstructed 360-degree views of the bay, city skyline, and beyond. Please note: the home is currently a shell and not yet finished. Interior build-out is required, offering a blank canvas to bring your vision to life. Appraised As-Is at $3.8M (appraisal in hand), with a completed value exceeding $7M, this property presents tremendous upside for builders, investors, or end-users seeking to customize a luxury waterfront masterpiece. Constructed with ICF (Insulated Concrete Form) for superior strength and energy efficiency, the structure withstood two recent hurricanes without any water intrusion. Located on a deep canal with immediate open water access, the property features a concrete seawall and dock that can accommodate up to an 80-foot yacht. Just 10 minutes from Downtown St. Pete and minutes from Gulf beaches, this property offers elite boating access, breathtaking views, and the chance to create something truly iconic. Short sale—subject to bank approval.

Listing Status:: Active
Date Added:: July 28, 2025 at 05:00AM
Listing Office:: ENGEL & VOLKERS TRINITY : 775-842-0104
Listing Agent:: Nicole Musgrave, LLC : 863-224-5090
MLS ID:: TB8411492

Road/Access: Asphalt
Originating MLS: Stellar MLS
County: Pinellas

This listing courtesy of Nicole Musgrave, LLC, ENGEL & VOLKERS TRINITY

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Lakewood Elementary

4151 6th St S, Saint Petersburg, FL, 33705

Grades PK-5

0.55 miles away

Bay Point Middle School

2151 62nd Ave S, Saint Petersburg, FL, 33712

Grades 6-8

1.80 miles away

Lakewood High School

1400 54th Ave S, Saint Petersburg, FL, 33705

Grades 9-12

1.17 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.