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$1,700,000
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Property Description
Set at the quiet end of an exclusive no-through street, 4838 Paradise Way S. represents a rare opportunity to create your spectacular waterfront home in one of St. Petersburg's most desirable boating locations. An exceptional pie-shaped lot spans .35 acres and offers an impressive 160 feet of deep-water frontage, complete with newer composite dock with boat lift and jet ski platform, in place. Fish directly from your dock, and enjoy the dolphins playing in the surrounding waters, and relax in the your peaceful and private waterfront haven. Facing southeast, the property is perfectly positioned to capture glorious morning sun across wide-open water views. The previous structure has been completely cleared, allowing for a seamless start to construction. Ready to design and build your custom waterfront estate, tailored to your vision and lifestyle. Please note there is an AI generated image of what a home COULD look like on the land. There is no building at this time, it is vacant land only. All construction is subject to local planning permits and guidelines. Despite its serene and secluded setting, the property is remarkably close to the energy and excitement of downtown St. Petersburg - just a 10-minute drive away, not much more by powerboat. Enjoy the city's vibrant cultural scene, renowned waterfront parks, acclaimed dining, boutique shopping, galleries, museums, festivals, open-air entertainment, and the iconic St. Pete Pier. The city's famous murals, which adorn buildings throughout downtown, add to the unique artistic spirit that has made St. Petersburg one of Florida's most sought-after coastal destinations. Coming in the near future is an expansion to the Old South East waterfront, promising further boat moorings, dining and entertainment venues to complement residential developments. Come view this rare combination of tranquility, boating access, expansive waterfront, and proximity to one of Florida's most dynamic downtowns. Note: Be aware this is a freshly cleared parcel. Uneven surface conditions exist due to clearing. Proper footwear is recommended.Any Visitor to this vacant lot agree and acknowledge that they shall use due care in their entry upon the property and not undertake any act that may result in injury.
Full Property Details
Full Property Details for 4838 Paradise Way S
General
- Price: $1,700,000
- Taxes: $22,561 (2025)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: TB8507474
- Updated: 6/7/2026
- Added to Site: 121 day(s) ago
Location
- Area: 33705 - St Pete
- County: Pinellas
- Development Name: 33705 - St Pete
- Subdivision: PATTERSONS GEO S REP
- Driving Directions: Take 4th St South from downtown St Petersburg, head east on 45th Ave S, turn right (S) on Sunrise Drive S and turn first left into Paradise Way S
- Direction Faces: Northwest
Community
- Community Name: 33705 - St Pete
Utilities
- Sewer: Public Sewer
- Water District: LITTLE BAYOU
- Water: Public
- Utility Description: Cable TV Available, Electricity Available, Sewer Available, Water Available
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Property View: Water
- Lot Size (Acres): 0.35
- Lot Size (Sq. Ft.): 15,390
- Lot Size: 15390
- Lot Dimensions: 115 x 165
- Frontage: Street Dead-End
- Street/Road Desc.: Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Bay/Harbor
- Water Extras: Yes
- Water Front Name: LITTLE BAYOU
- Water Front Desc.: Bay/Harbor
Financial Considerations
- Price Per Acre: $4,857,143
- Tax Amount: $22,561.5
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: PATTERSON'S, GEO S. REPLAT LOT B
- Flood Zone Info: AE*
- APN: 63217679500000020
- Property ID: 63217679500000020
Listed by Charles Rutenberg Realty Inc
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Schools
Schools serving 4838 Paradise Way S
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Lakewood Elementary School, St. Petersburg, FL 4151 6th St S, St. Petersburg, FL 33705 | PK-5 | 0.6 mi |
Bay Point Middle School 2151 62nd Ave S, St. Petersburg, FL 33712 | 6-8 | 1.8 mi |
Lakewood High School 1400 54th Ave S, St. Petersburg, FL 33705 | 9-12 | 1.2 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 4838 Paradise Way S
Date
Details
Price
Change
Source
5/12/2026
Listed
$1,700,000
305.73%
MLS
1/25/2001
Sold
$419,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4838 Paradise Way S
Year
Property Taxes
Change
Tax Assessment
Change
2025
$22,562
187%
$1,132,623
155%
2024
$7,851
2%
$444,811
3%
2023
$7,732
3%
$431,855
8%
2021
$7,475
2%
$398,087
-3%
2022
$7,361
-2%
$410,030
4%
2021
$7,475
2%
$392,591
2%
2019
$7,360
1%
$383,764
2%
2018
$7,261
1%
$376,608
2%
2017
$7,195
1%
$368,862
2%
2016
$7,131
-1%
$361,275
1%
2015
$7,230
1%
$358,764
1%
2014
$7,194
1%
$355,917
2%
2013
$7,150
—
$350,657
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4838 Paradise Way S
4838 Paradise Way S, Saint Petersburg, FL 33705 (MLS# TB8507474) is a Lots/Land property with a lot size of 0.35 acres. 4838 Paradise Way S is currently listed for $1,700,000 and was received on May 12, 2026. Want to learn more about 4838 Paradise Way S? Do you have questions about finding other Lots/Land 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.

