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$7,600,000

5237 61ST AVE S
ST PETERSBURG, FL 33715
Listed by Julie Larsen · MICHAEL SAUNDERS & COMPANY
Bedrooms
4
Bathrooms
4.5
Living area
4,511 sqft
Year built
2023

About this home

Introducing a Contemporary Waterfront Masterpiece in Tampa Bay. Striking modern architecture and clean, minimalist design come together in this extraordinary custom-built waterfront residence. Completed in 2023, this home makes a bold statement with its commanding curb appeal, soaring 28-foot entry, and dramatic 23-foot foyer. Brilliant natural light, soaring ceilings, and meticulous craftsmanship set the stage for a refined coastal lifestyle. The open-concept floor plan highlights a chef’s dream kitchen with custom cabinetry, pearl-white quartz island, Thermador appliances, gas cooking, full-height wine chiller, and built-in espresso machine, complemented by a discreet butler’s pantry. Expansive living and dining areas open seamlessly to the water, while the executive-style office and designer guest bath add both elegance and function. The owner’s suite is a private sanctuary with breathtaking views, balcony access, dual walk-in closets, and a spa-inspired bath featuring custom vanities, a Jacuzzi soaking tub, and a glass-enclosed multi-head rain shower. Upstairs, two additional en suite bedrooms and a large media room extend to a 330-square-foot covered terrace with commanding views of the bay. Outdoor living is elevated with over 1,200 square feet of covered waterfront terraces, a resort-style pool and spa, outdoor kitchen, and lush landscaping. Waterfront amenities include an updated seawall, large composite dock, kayak/paddleboard launch, boat lift, and mooring capacity for a sizable yacht. Located just ten minutes from downtown St. Petersburg and six minutes from the Gulf beaches, this residence offers an extraordinary blend of serenity and convenience. Nestled within the highly coveted, gated enclave of Bayway Isles, the community is distinguished by its 24/7 guarded security, pristine surroundings, and enduring sense of privacy. This estate is not simply a residence but a testament to vision, artistry, and uncompromising craftsmanship. More than a home, it’s a statement of modern luxury and life without compromise. Arrange your private showing today and experience the pinnacle of waterfront living.

Highlights

WaterfrontPrivate pool

Property details

MLS #
MFRTB8432616
Property type
Single Family Residence
Subdivision
BAYWAY ISLES UNIT 2 REP
Status
Active
Days on market
238
On market date
October 2, 2025
Stories
N/A
Total bathrooms
4.5
Garage spaces
3
Parking spaces
N/A
Lot size
0.32 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
MAXIMO ELEMENTARY SCHOOL
1.9 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
432
Student:teacher ratio
12.3:1
District
PINELLAS
Middle
BAY POINT MIDDLE SCHOOL
2.39 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
796
Student:teacher ratio
18.5:1
District
PINELLAS
HighCharter
NORTHSTAR ACADEMY
2.23 mi away · Grades 7-12
Nearest school -- attendance-zone data not available here
Not yet rated
Local Score not yet available for this school
Enrollment
81
District
PINELLAS

Walkability

Blended score for ST PETERSBURG's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

56
Somewhat walkable
out of 100
EPA National Walkability Index
11.5 / 20 -- Above average walkable
Nearby-amenity density
53 / 100
Restaurants & cafes3
Grocery stores1
Parks3
Schools4
Transit stops5
Pharmacies0

Market position

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

On the market 238 days -- 140 more days than ST PETERSBURG's current average of 98 days.
For reference, the median list price across 3,610 active listings in ST PETERSBURG right now is $325,000.

Mortgage calculator

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

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Est. monthly payment
$45,918/mo
$1,520,000 down
$6,080,000 loan
Principal & interest$39,435
Property tax (est.)$6,333
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated May 28, 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.