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$1,300,000

4731 COCONUT PALM CIR NE
ST PETERSBURG, FL 33703
Listed by Morgan Ellis · A BETTER LIFE REALTY
Bedrooms
3
Bathrooms
2.5
Living area
3,069 sqft
Year built
1989

About this home

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.

Highlights

WaterfrontPrivate poolFireplace

Property details

MLS
Stellar MLS
MLS #
MFRTB8490308
Property type
Single Family Residence
Subdivision
PLACIDO BAYOU
Status
Active
Days on market
103
On market date
April 7, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
2
Parking spaces
N/A
Lot size
0.29 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
NORTH SHORE ELEMENTARY SCHOOL
0.93 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
446
Student:teacher ratio
12.1:1
District
PINELLAS
Middle
MEADOWLAWN MIDDLE SCHOOL
2.05 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
885
Student:teacher ratio
20.1:1
District
PINELLAS
High
NORTHEAST HIGH SCHOOL
2 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,619
Student:teacher ratio
20.8:1
District
PINELLAS

Walkability

Blended score for ST PETERSBURG's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

61
Walkable
out of 100
EPA National Walkability Index
8.3 / 20 -- Below average walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores2
Parks6
Schools11
Transit stops20
Pharmacies5

Market position

How this listing compares to current activity in ST PETERSBURG, from live MLS data.

On the market 103 days -- 5 more days than ST PETERSBURG's current average of 98 days.
For reference, the median list price across 4,033 active listings in ST PETERSBURG right now is $339,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$7,979/mo
$260,000 down
$1,040,000 loan
Principal & interest$6,745
Property tax (est.)$1,083
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated July 19, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.