Listing Details for MLS # TB8370766
2063 Illinois Avenue Ne, St Petersburg, Fl 33703

Residential Property - Single Family Residence in St Petersburg

Listing Price: $1,750,000Days on Market: 1

Description of Property

Seize this unparalleled opportunity to own a waterfront gem in the esteemed Venetian Isles community of Northeast St. Petersburg. This expansive five-bedroom, four-bathroom pool home, complemented by two versatile flex rooms, awaits your personal touch to transform it into a bespoke waterfront sanctuary. Nestled on an impressive 85x120-foot lot—just under a quarter-acre—this property offers deep sailboat water access with no bridges to the open bay, catering to boating enthusiasts.? The residence spans 4,344 square feet of heated living space, with a total area, including garages and porches, reaching 5,697 square feet. A new tile roof was installed in 2020, and in 2024, a new paver driveway was added, enhancing the home's curb appeal. The seawall has been capped and reinforced with a belly band, ensuring added protection and longevity. Situated merely three houses away from the open waters of Tampa Bay, the property offers breathtaking views and a serene coastal ambiance. The master suite serves as a private retreat, featuring a spacious bedroom, an en-suite bathroom, and an adjoining flex room ideal for a home office or gym. The lower level accommodates four additional bedrooms and another flex room, perfect for a playroom or additional office space. The outdoor area boasts a gorgeous pool and spa, inviting you to relax and enjoy the Florida sunshine. While the home experienced flooding during Hurricane Helene, it has undergone professional remediation and has been thoroughly dried out. Notably, the electrical systems remained unaffected. FEMA has allocated $484,000 to facilitate remodeling efforts, presenting a substantial opportunity to customize and modernize this residence to your exact specifications. Importantly, this event marks the only instance of flooding in the home's history. Venetian Isles is renowned for its beautifully maintained waterfront properties and deep-water canals, offering residents a luxurious coastal lifestyle. The community's prime location provides close proximity to downtown St. Petersburg's vibrant waterfront, abundant dining, shopping, and cultural experiences. Fitness enthusiasts will appreciate the nearby new YMCA, just a seven-minute drive away. Additionally, the property offers easy access to major thoroughfares, including Carillon Parkway and the Howard Frankland Bridge, facilitating convenient travel to Tampa, Sarasota, and both Tampa International and St. Pete-Clearwater airports. This property represents an incredible opportunity to invest in a waterfront home with immense potential. Whether you choose to embark on a comprehensive renovation or a complete rebuild, the possibilities are boundless. Don't miss out on the chance to create your dream waterfront residence in Venetian Isles. Schedule your private tour today to explore the endless possibilities this property has to offer.The average asking price for a 5 bedroom/4 bath single family residence in this Zip code is $2,988,356. This single family residence is listed at about 59% of the average asking price. There are 2 5 bedroom/4 bath homes between $1,400,000 and $2,000,000 currently listed for sale in this Zip code. See other listings like this one »