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$1,300,000
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Property Description
FULLY RENOVATED WATERFRONT END-UNIT | NEW ROOF (2026) | DEEDED BOAT SLIP + 20,000 LB LIFT | GATED COMMUNITY - A rare and exceptional offering in the highly sought-after gated community of Portofino at Venetian Bay-this fully renovated (2023) waterfront end-unit 3-story cement block townhome delivers the perfect blend of luxury, privacy, and true Florida lifestyle living. The property remained high and dry during the 2024 storms! Positioned on the tranquil bayou waters with direct access to Tampa Bay and the Gulf, this residence includes a deeded 40' boat slip with 20,000 lb lift, located just behind the home. Enjoy approximately 8-12 feet of water depth and the unmatched backdrop of protected Weedon Island Preserve, ensuring peaceful, unobstructed views where your backyard neighbors include seabirds, manatee and tarpon. Enjoy your morning coffee in complete tranquility, with peaceful preserve views that make you feel miles away from the city. Spanning nearly 4,000 sq ft of indoor and outdoor living, this home has been extensively and thoughtfully renovated with high-end finishes throughout. A brand new roof (2026) provides immediate value and peace of mind, while Pella windows and doors, smooth retextured walls, custom lighting, solid wood doors, engineered hardwood and luxury vinyl flooring, and custom closets elevate the entire interior. The completely reimagined gourmet kitchen (2023) features custom wood cabinetry, quartz countertops, and a full suite of GE Profile appliances, designed for both everyday living and entertaining. All bathrooms have been fully renovated with designer finishes, creating a cohesive, move-in-ready experience. The spacious and flexible layout includes oversized en-suite guest bedrooms and a luxurious primary suite with private balcony and stunning water views. Outdoor living is where this home truly shines-offering a two-story screened-in panoramic enclosure designed for year-round enjoyment. Relax or entertain with a 2021 spa, built-in grill, and retractable sunshade, creating a private resort-style setting unlike anything else in the community. Additional highlights include a two-car garage, HVAC approximately 7 years old, water heater approximately 6 years old, water softener (2022), and garage door opener (2024). Residents of Portofino enjoy gated security and a community pool all ideally located just 20 minutes to Downtown Tampa and St. Petersburg and minutes to Tampa International Airport. This is a rare opportunity to own a fully renovated, turnkey waterfront property with true boating capability, exceptional outdoor living, and a premier Tampa Bay location-properties of this caliber seldom come to market.
Full Property Details
Full Property Details for 1040 Paseo Del Rio NE
General
- Sold For: $1,300,000
- HOA FEE: $600/month
- Taxes: $8,795 (2025)
- Status: Closed
- Type: Townhouse
- Source: MidFloridaRegionalMLS
- MLS ID: TB8431967
- Added to Site: 68 day(s) ago
Rental Information
- Min. Lease: 1-2 Years
Interior
- Number of Rooms: 6
- Interior Features: Built-in Features, Ceiling Fan(s), Open Floorplan, PrimaryBedroom Upstairs, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
- Fireplace: Yes
- Fireplace(s): Wood Burning
- Appliances: Built-In Oven, Cooktop, Dishwasher, Ice Maker, Microwave, Refrigerator
- Flooring: Carpet, Ceramic Tile, Luxury Vinyl
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Awning(s), Balcony, Irrigation System, Lighting, Outdoor Grill, Rain Gutters, Sliding Doors
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Driveway, Garage Door Opener
Location
- Area: 33702 - St Pete
- County: Pinellas
- Development Name: 33702 - St Pete
- Subdivision: VENETIAN BAY
- Driving Directions: Gandy to Snug Harbor Rd and head South to last street on the right, Paseo Del Rio NE. Turn Right and Portofino will be immediately on your left. Gate code required.
- Direction Faces: Northwest
Community
- Community Name: 33702 - St Pete
- Community Features: Bay/Harbor Front, Gated Community - No Guard, Playground, Pool
- Association: Yes
- Assoc. Name: Laura O Donell
- Assoc. Fees Include: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Private Road
- Pet Restrictions: Aggressive breeds not allowed. Please verify with HOA guidelines.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public
Structural Information
- Exterior Const.: Block, Stucco
- Roof: Tile
- Stories/Levels: Three Or More
- Square Feet: 3,607
- Sq. Ft. Source: Public Records
- Living Area: 3,607 Sq. Ft.
- Year Built: 2005
Lot Features
- Property View: Water
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,156
- Lot Size: 9156
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Bay/Harbor, Bayou
- Water Extras: Yes
- Water Front Desc.: Bay/Harbor Front, Bayou
Financial Considerations
- Association Fee: $600
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Tax Amount: $8,795.24
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: VENETIAN BAY BLK 3, LOT 11 LESS THAT PART SE'LY OF MHW PER O.R. 17931/1376
- Flood Zone Info: AE
- APN: 203017938660030110
- Property ID: 203017938660030110
- Block/Lot/Section: 3
Listed by Florida Executive Realty
Sold by The Tenpenny Collection
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Schools
Schools serving 1040 Paseo Del Rio NE
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Sawgrass Lake Elementary School 1815 77th Ave N, St. Petersburg, FL 33702 | PK-5 | 2.9 mi |
Northeast High School, St. Petersburg, FL 5500 16th St N, St. Petersburg, FL 33703 | 9-12 | 3.7 mi |
Meadowlawn Middle School 6050 16th St N, St. Petersburg, FL 33703 | 6-8 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1040 Paseo Del Rio NE
Date
Details
Price
Change
Source
4/24/2026
Sold
$1,300,000
-1.89%
MLS
3/20/2026
Listed
$1,325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1040 Paseo Del Rio NE, Saint Petersburg, FL 33702 (MLS# TB8431967) is a Townhouse property that was sold at $1,300,000 on April 24, 2026. Want to learn more about 1040 Paseo Del Rio NE? Do you have questions about finding other Townhouse real estate for sale in Saint Petersburg? You can browse all Saint Petersburg real estate or contact a Coldwell Banker agent to request more information.

