4731 COCONUT PALM CIRCLE NE

$1,300,000

$424/sq ft

$1,160,000
Price Increased

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Overview

Bedroom

3

Bath

2

Year Built

1989

Garage

2

Sqft

3069

Property Type

Single Family Residence

Property Description

Don’t miss this spectacular lakefront estate home located in the 24-hour gated community of Placido Bayou, in a prime St. Petersburg location. This stunning two-story residence offers 3 bedrooms, 2.5 baths, soaring ceilings, and a dramatic second-level catwalk overlooking a versatile loft perfect for a home office or study space. Beveled glass entry doors welcome you into an elegant interior featuring marble flooring in all the right places and beautiful hardwood floors throughout the upstairs, dining room, family room, and first-floor master suite, adding warmth and sophistication throughout the home. The gourmet kitchen is appointed with granite countertops, a propane gas cooktop, and electric ovens, and opens seamlessly to the family room with a breakfast bar, ideal for entertaining. Enjoy breathtaking views of the largest lake in Placido from every ground-floor room. The formal dining and living rooms are a rare find, showcasing high ceilings and elegant finishes, while upstairs, a charming catwalk leads to two spacious bedrooms connected by a full Jack-and-Jill bath. The highly desirable first-floor master suite features hardwood flooring, a luxurious en-suite bath with a whirlpool tub and a large walk-in shower. Step outside to your private Pebble-Tec pool with brick pavers and take in spectacular lake views surrounded by lush palm landscaping, creating your own Florida oasis. This home is loaded with extras, including a granite desk in the kitchen, a granite wet bar in the family room, a library area, a walk-in pantry, a wine cooler, dual A/C heat pumps for east and west zones, and much more. Recent upgrades provide exceptional value and peace of mind, including all new hurricane-rated windows with over $100,000 invested, a new HVAC unit, a new tongue-and-groove wood ceiling in the lanai, a new seawall, and new pool equipment, including a pool heater. The neighborhood of Placido Bayou was virtually unscathed by Hurricanes Helene and Ian, further enhancing the appeal of this remarkable property. Furnishings may be negotiated as part of the purchase.

Property Details

MLS#

TB8490308

Garage

2

Total Floor in Bldg

2

Address

4731 COCONUT PALM

City

St Petersburg

State/county

FL

Zip/Postal Code

33703

Area

Placido Bayou

Country

United States

HOA

Yes

Assoc Fee

$165

Assoc Fee Pd

Monthly

Tax Amount

$15,585

Maint Fee

$--

Tax Year

2025

Dishwasher

Disposal

Dryer

Electric Water Heater

Freezer

Microwave

Range

Refrigerator

Washer

Wine Refrigerator

Water

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Boris Gelfand