4750 DOLPHIN CAY LN S #509 St Petersburg, FL 33711
2 Beds
2 Baths
1,438 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,438 sqft
Price per Sqft $399
Subdivision Dolphin Cay Dominica
MLS Listing ID TB8479861
Bedrooms 2
Full Baths 2
Condo Fees $1,134
Construction Status Completed
HOA Y/N No
Annual Recurring Fee 13608.0
Year Built 1994
Annual Tax Amount $10,550
Lot Size 2.590 Acres
Acres 2.59
Property Sub-Type Condominium
Source Stellar MLS
Property Description
Originally positioned at $710,000 and recently appraised at $663,000, this exceptional 5th-floor corner residence is now offered at just $575,000. The seller has intentionally repositioned the property to create one of the most compelling value opportunities currently available in Dolphin Cay. Priced $135,000 below its original market positioning and nearly $90,000 below a recent appraisal, this is a rare opportunity to acquire a premium waterfront residence at an exceptional price.
This beautifully updated 2-bedroom, 2-bath corner residence offers approximately 1,630+ square feet of combined interior and balcony living space, including three private balconies with both sunrise and sunset exposures. Floor-to-ceiling windows and sliding glass doors fill the residence with natural light while showcasing panoramic views of the lake, Boca Ciega Bay, the downtown St. Petersburg skyline, and distant Gulf of Mexico sunsets.
Located within Dolphin Cay's private 88-acre waterfront preserve, residents enjoy a lifestyle unlike any other in the Tampa Bay area. Walking trails wind through lush tropical landscaping, while dolphins, birds, and ever-changing lake and bay views become part of everyday life. A private sandy beach, waterfront pool overlooking Boca Ciega Bay, tennis courts, fitness center, clubhouse, fishing pier, library building, Bike and Kayak storage and 24-hour guard-gated security complete the resort-style experience.
The residence may be purchased furnished and features updated high quality flooring, fresh interior paint, crown molding, electric window blinds, an updated entry, newer A/C system, newer water heater, covered parking, in unit washer/dryer and private storage to name a few. The desirable split-bedroom floor plan offers privacy, functionality, and multiple outdoor living areas rarely found in condominium living.
The Dominica building has completed substantial capital improvements from 2023 through 2025, including a new roof, two new elevators, exterior painting, updated hallway flooring throughout the building, upgraded fire alarm and sprinkler systems, enhanced landscaping, and significant seawall and drainage improvements. The building has successfully completed its Milestone Inspection with a clean Phase One report and no Phase Two inspection was required.
Ideally located just minutes from St. Pete Beach, Interstate 275, downtown St. Petersburg, world-class dining, shopping, and cultural attractions, Multiple Golf courses, and boating. This meticulously maintained residence has had only three owners, two of whom were seasonal residents, and has no rental history.
The seller has already secured their next residence and has priced this property to facilitate a prompt, uncomplicated transaction. The pricing reflects timing and opportunity—not the condition or quality of the property. Opportunities to acquire a Turn Key - high-floor corner waterfront residence in Dolphin Cay at this price point are exceptionally rare. Serious cash buyers are encouraged to schedule their private showing promptly.
Location
State FL
County Pinellas
Community Dolphin Cay Dominica
Area 33711 - St Pete/Gulfport
Direction S
Rooms
Other Rooms Inside Utility, Storage Rooms
Interior
Interior Features Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
Heating Electric
Cooling Central Air
Flooring Ceramic Tile, Luxury Vinyl
Furnishings Unfurnished
Fireplace false
Appliance Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Ice Maker, Range, Range Hood, Refrigerator, Washer
Laundry Inside
Exterior
Exterior Feature Balcony, Outdoor Grill, Private Mailbox, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
Garage Spaces 1.0
Pool Gunite, Heated, In Ground
Community Features Association Recreation - Owned, Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - Guard, No Truck/RV/Motorcycle Parking, Pool, Sidewalks, Special Community Restrictions, Tennis Court(s)
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
View City, Garden, Trees/Woods, Water
Roof Type Other,Tile
Porch Covered, Front Porch, Rear Porch
Attached Garage true
Garage true
Private Pool No
Building
Lot Description Landscaped, Near Golf Course, Near Marina, Private, Sidewalk, Paved
Story 6
Entry Level One
Foundation Slab, Stem Wall, Stilt/On Piling
Lot Size Range 2 to less than 5
Sewer Public Sewer
Water Public
Unit Floor 5
Structure Type Block,Stucco
New Construction false
Construction Status Completed
Others
Pets Allowed Yes
HOA Fee Include Guard - 24 Hour,Cable TV,Common Area Taxes,Pool,Escrow Reserves Fund,Fidelity Bond,Insurance,Internet,Maintenance Structure,Maintenance Grounds,Maintenance,Management,Pest Control,Private Road,Recreational Facilities,Security,Sewer,Trash,Water
Senior Community No
Pet Size Small (16-35 Lbs.)
Ownership Condominium
Monthly Total Fees $1, 134
Acceptable Financing Cash, Conventional, VA Loan
Membership Fee Required Required
Listing Terms Cash, Conventional, VA Loan
Num of Pet 2
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8479861
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