1285 Gasparilla Drive NESt Petersburg, FL 33702Sale Price: $3,150,000

  • Sale Price: $3,150,000
  • 17 Days Since Sale
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Federal 30-year interest rate: 6.5300000000000000000000000000000000000000% last updated on May 28, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,150,000Sale Price
  • 4Bedrooms
  • 3Full Bath
  • 1Half Baths
  • 4,384Square Feet

Listing Tools

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.

Property Details of 1285 Gasparilla Drive NE

Property Details

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Mortgage Calculator


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Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.5300000000000000000000000000000000000000% last updated on May 28, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by Rachel Sartain Tenpenny of THE TENPENNY COLLECTION (727-742-7939)

Listing Sold by SMITH & ASSOCIATES REAL ESTATE

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 30, 2026 10:07 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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