Listing Details for MLS #TB8428030
4993 Bacopa Lane S Unit 405, St Petersburg, Fl

Residential Property - Condominium in St Petersburg

Listing Price: $1,250,000 (Mortgage Calculator →)Days on Market: 1

Description of Property

Enjoy luxury waterfront living in this premier fourth floor end unit in one of the most sought-after communities in St Petersburg and the Pinellas Bayway. This condo features an open floor plan with many ceiling to floor windows and two private balconies with unobstructed views of both Boca Ciega Bay and the Intracoastal that have just been updated with new flooring. The spacious Living Room and Dining Space have lovely views out over the water and sliding doors that lead to one of the balconies. The Great Room opens to the handsome eat-in Kitchen with its large windows and central breakfast bar and prep island. The Primary Bedroom features a floor to ceiling bay-view window, a walk-in closet by California Closets, a large en-suite bathroom with walk-in shower, double vanity with built-in electric outlets and a separate make-up vanity. The Guest Bedroom also has a walk-in closet, and there is another Bonus/Flex room that can be used as a den/office or easily converted into a third bedroom. The split bedroom floor plan ensures the ultimate privacy and comfort. The 200+ square feet of balconies are accessed through sliders from the kitchen, office/flex space, primary bedroom and living room. The large laundry area has a new washer and dryer. Peace of mind is certain with hurricane shutters on balconies, windows and front door providing possible credits to your insurance policy. Battery backup feature for hurricane shutters. This corner unit also features a newer AC system, beautiful ceramic tile flooring throughout most of the condo, 9-foot ceilings, updated fixtures, new balcony flooring and oversized front terrace shared with only one other unit. The unit comes with a reserved garage parking space under the building. Bacopa Bay was developed by JMC Communities, a highly respected Pinellas builder, and offers a 24-hour guard-gate, beautiful tropical grounds with winding paths along the waterfront and a private Clubhouse with a central event space, game room, Library, onsite staffed management office and a well equipped Fitness Center. Enjoy the two newly renovated resort-style heated pools with pavered sundecks, a jetted spa, two newly resurfaced Har-Tru clay tennis courts, new elevators, new roof, new concrete seawall, car wash station, EV charging station and newly paved streets with street lights. In addition, new building lobby renovations are in process. Each of the five buildings has a secured Lobby accessed with a keyless system linked to the Guard Gate. Two pets with 30 lb limit allowed. The Association has fully funded reserves and has completed the Milestone Inspection with no outstanding assessments. HOA fees include cable TV, internet, water, sewer, trash, recreation, grounds maintenance, fully staffed onsite property management common area taxes and insurance and reserve funds.The average asking price for a 2 bedroom/2 bath condominium in this Zip code is $476,286. This condominium is listed at about 262% of the average asking price. This is the only 2 bedroom/2 bath condominium between $1,000,000 and $1,400,000 currently listed for sale in this Zip code.