Listing Details for MLS #TB8510443
874 Placido Way Ne, St Petersburg, Fl

Residential Property - Single Family Residence in St Petersburg

Listing Price: $4,425,000 (Mortgage Calculator →)Days on Market: 21

Description of Property

Nestled within the coveted waterfront enclave of North East Park, this extraordinary contemporary residence by Bright Bay Builders offers a masterful blend of refined architecture, cutting-edge technology, and elevated coastal living. Completed in June 2022, the custom-designed waterfront estate encompasses 3,622 square feet of impeccably curated living space with four bedrooms, four full bathrooms, an oversized two plus-car garage, expansive balconies, and seamless indoor-outdoor entertaining spaces. Constructed with exceptional attention to durability and design, the home features a solid block foundation and two-story masonry construction built one foot above FEMA Flood Zone. The striking exterior showcases cultured stone and marble accents, while inside, oversized windows, sliding glass doors, and soaring 10-foot ceilings flood the residence with natural light and frame tranquil water views throughout. Designed for both large-scale entertaining and effortless everyday living, the open-concept floor plan is anchored by elegant honed marble flooring and a showstopping chef’s kitchen. Outfitted with premium Wolf, Sub-Zero, and Miele appliances, the kitchen also features a 56” Galley sink, custom cabinetry, expansive prep space, a built-in bar, and a climate-controlled 216-bottle wine room. The main-level waterfront primary suite is a private retreat offering a sitting area and direct access to a secluded patio. The spa-inspired primary bath is appointed with custom cabinetry, stone countertops, Hansgrohe fixtures, dual zero-entry walk-in showers, and a private water closet. Beyond privacy glass doors, the 184-square-foot custom dressing room delivers boutique-style luxury with abundant storage, enclosed cabinetry, oversized mirrors, built-in dresser, and a dedicated seating area. A custom European White Oak staircase leads to the upper-level lounge, a naturally lit gathering space complete with a wet bar and Sub-Zero beverage center, creating ideal separation and privacy from the main living area. Two spacious en-suite bedrooms occupy opposite wings of the second floor, including one with a private waterfront balcony. Each suite offers oversized bathrooms with Hansgrohe fixtures and private water closets. A fourth guest suite on the main level provides flexibility as a private office or guest accommodations. Every detail of the residence has been thoughtfully integrated with modern convenience, including smart-home system with Lutron lighting controls, motorized shades, ES Low-E impact windows and doors, whole-house generator, on-demand gas water heaters, and professionally designed landscape and pathway lighting. Large sliding glass doors open to nearly 400 square feet of covered outdoor living space featuring a fully equipped kitchen with a built-in gas grill, large sink, and Sub-Zero refrigerator. Beyond, a resort-style saltwater pool with sun shelf and lounging areas overlooks the water, creating a true private oasis. For boating enthusiasts, the oversized dock is equipped with a fish-cleaning station and a premium custom-maintained 10,000-pound boat lift, providing effortless access to Tampa Bay waters. Blending masterful design, invisible technology, and an unparalleled waterfront lifestyle just moments from downtown St. Petersburg, this exceptional residence represents one of the area’s rarest contemporary offerings. Listing agent is owner. Verify all dimensions.The average asking price for a 4 bedroom/4 bath single family residence in this Zip code is $2,677,627. This single family residence is listed at about 165% of the average asking price. This is the only 4 bedroom/4 bath single family residence between $3,800,000 and $5,000,000 currently listed for sale in this Zip code.