3845 ISLAND WAY
3, 2, 1,345ft²
MLS#: O6390546
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5116 BEACH DR SE #D, ST PETERSBURG, 33705
- $292,000
- Price changed 06/05/2026 from $320,000, -8.75%
- 2 Beds, 1 Baths , 825 Sq.Ft
- County: Pinellas
- Community: Waterside At Coquina Key South
Property highlights
- MLS#: TB8432483
- 8,168.00 lot size Sq.Ft.
- Year built: 1979
- Floor: 2
- Pool: Private pool Community pool
- Waterfront:
- Listed: 10/01/2025
- Taxes: $3,208.54
- Condo maintenance: $905.00 Monthly
- Average Monthly Fees (not including CDD, if any): $905.00
- Maintenance fee includes: Guard - 24 Hour, Cable TV, Common Area Taxes, Pool, Electricity, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Trash and Water
- Building Name: 5
- Virtual Tour
Property Overview
Welcome to Waterside at Coquina Key South! This gated waterfront community spans 88 acres along the Tampa Bay waterways and offers resort-style living with 24-hour security. With 628 units and 60 buildings, Waterside is a large waterfront community featuring five canals, a freshwater pond, and an abundance of boat slips available for purchase or lease.
This 2-bedroom, 1-bath, second-floor condo is move-in ready and being sold furnished. Inside, you’ll find tile floors, wainscot paneling, Hunter ceiling fans, an in-unit washer/dryer, and beachy décor. The large kitchen has been remodeled with a backsplash, newer appliances, and generous cabinet and counter space. The bathroom has been beautifully updated with wainscot paneling, tile, and a modern vanity. Step out onto your private balcony with peaceful canal views and enjoy the Florida breeze.
Waterside South’s resort-style amenities feature two pools, tennis courts, pickleball courts, sand volleyball, kayak storage, a fitness center, dog park, and the on-site Yacht Club with a full bar and weekly activities. Hang out at the Yacht Club or fishing pier and enjoy Florida wildlife while watching cruise ships and tankers come and go from Tampa Port—you may even see dolphins!
The property experienced no flooding from Hurricanes Helene or Milton. While repairs remain in progress,the HOA has been working diligently on milestone projects, with several major improvements already completed, including roofs, balconies, and exterior painting. Special assessments have been established to fund these improvements and are expected to be finalized in the coming weeks. Once the current repairs and projects are completed, traditional financing is expected to become available again, which could increase buyer demand and enhance future property values.
Ideally located near world-famous Gulf beaches, top hospitals, shopping, dining, and entertainment, with Tampa International Airport only 30 minutes away, Waterside South is a unique and affordable waterfront community. This is an excellent opportunity to purchase waterfront property at today's pricing before values potentially increase as community improvements are completed. Sellers are motivated and willing to negotiate, making this an outstanding opportunity to own a piece of Florida waterfront living.
Driving directions : Lewis Blvd to Beach Dr. SE. Turn right on Beach Drive to guard gate. Pass Cobia Drive building will be on left side.
Property Features
| Rooms | Dimension | Description |
|---|---|---|
| Living Room | 14x11 | First level , Tile |
| Kitchen | 8x6 | First level , Ceramic Tile |
| Primary Bedroom | 10x12 | First level , Carpet |
| Bedroom 2 | 10x10 | First level , Carpet |
Interior Features
- Ceiling Fans(s)
- Crown Molding
- Eat-in Kitchen
- Open Floorplan
Appliances
- Cooktop
- Dishwasher
- Dryer
- Electric Water Heater
- Freezer
- Refrigerator
- Washer
Heating
- Electric
Laundry features
- In Kitchen
Air Conditioning
- Central Air
Floor Covering
- Carpet
- Ceramic Tile
Utilities
- BB/HS Internet Available
- Cable Connected
- Electricity Connected
- Public
- Sewer Connected
- Water Connected
Exterior features
- Balcony
Pool features
- Heated
- In Ground
View
- Water
Pets restrictions
- See HOA rules and regulations
- 2 pet(s) allowed
- Extra Large (101+ Lbs.)
Community Features
- Clubhouse
- Dog Park
- Fitness Center
- Gated Community - Guard
- Golf Carts OK
- Handicap Modified
- Irrigation-Reclaimed Water
- Playground
- Pool
- Sidewalks
- Tennis Court(s)
- Wheelchair Access
- Street Lights
Association Amenities
- Basketball Court
- Cable TV
- Clubhouse
- Fitness Center
- Gated
- Laundry
- Maintenance
- Pickleball Court(s)
- Pool
- Security
- Spa/Hot Tub
- Tennis Court(s)
- Wheelchair Access
Construction Materials
- Brick
- Stucco
Water access details
- Bay/Harbor
- Bayou
- Canal - Saltwater
- Intracoastal Waterway
- Seawall - Concrete
Road Surface Type
- Asphalt
Roof
- Shingle
Foundation
- Slab
School Information
- Elementary school: Lakewood Elementary-PN View more listings
- Middle school: Bay Point Middle-PN View more listings
- High school: Lakewood High-PN View more listings
Listing information courtesy of LPT REALTY, LLC
All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
Listing data comes from My Florida Regional MLS.
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