$4,999,000
PENDING NEW CONSTRUCTION $1M PRICE DROP

Estimated payment $29,179/month

Total Views 10,732
5 Beds
6.5 Baths
5,615 Sq Ft
$890 Price per Sq Ft

Highlights

  • 90 Feet of Salt Water Canal Waterfront
  • Dock has access to electricity and water
  • Water access To Gulf or Ocean To Bay
  • Shore Acres Elementary School Rated 9+
  • Assigned Boat Slip
  • Boat Lift

About This Home

Under contract-accepting backup offers. Welcome to 1954 Iowa Ave NE, an extraordinary waterfront residence offering over 5,600 square feet of sophisticated living space on protected sailboat water with stunning open water views. This brand-new construction features 5 bedrooms, 6 full baths, 2 half baths, and a rare 4-car garage—designed for luxurious everyday living and grand-scale entertaining. Step into a breathtaking open-concept layout anchored by a soaring 22-foot ceiling in the great room and a wall of sliding glass doors that frame panoramic water views. The gourmet chef’s kitchen is the centerpiece of the home, featuring premium appliances, a massive 16-foot quartz island with seating for six, custom cabinetry, and a walk-in pantry with a dedicated prep station. Enjoy formal dinners in the waterfront dining room, or transition outside to your expansive resort-style deck—ideal for al fresco meals, lounging by the pool, or sunset cocktails overlooking the water. This home features two luxurious owner’s suites, one on each level, both with spa-like bathrooms, freestanding soaking tubs, double vanities, quartz countertops, and frameless glass showers. Each of the three additional bedrooms offers a private en-suite bath, ensuring comfort and privacy for family and guests. Upstairs, a spacious entertainment lounge awaits—complete with a full wet bar, wine refrigerator, and a stunning glass-enclosed wine display. An adjoining bonus room offers flexible use as a gym, media room, or game space, while large sliding doors open to a private upper-level terrace with breathtaking views. Additional highlights include a home office or optional sixth bedroom on the main floor, high-end finishes throughout, custom lighting and fixtures, expansive indoor-outdoor living integration, a desirable non-flood zone location, and a setting surrounded by new luxury construction in one of Northeast St. Pete’s most coveted waterfront neighborhoods. This one-of-a-kind property is a true gem—offering timeless design, top-tier functionality, and an unbeatable location. Whether you're hosting lavish gatherings or enjoying quiet waterfront evenings, this home delivers the lifestyle you've been dreaming of. Schedule your private showing today and experience the pinnacle of St. Petersburg waterfront living.

Listing Agent

Kevin Cottrill

KELLER WILLIAMS ST PETE REALTY Brokerage Phone: 727-894-1600 License #3038260 Listed on: 11/11/2024

KELLER WILLIAMS ST PETE REALTY

Co-Listing Agent

Michael Thompson

KELLER WILLIAMS ST PETE REALTY Brokerage Phone: 727-894-1600 License #3348575

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,810

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 10,110 Sq Ft Lot
  • Lot Dimensions are 93x111
  • 90 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • West Facing Home
  • Chain Link Fence
  • Mature Landscaping
  • Landscaped with Trees

Parking

  • 5 Car Attached Garage
  • Ground Level Parking
  • Garage Door Opener
  • Driveway
  • Secured Garage or Parking
  • 4 Assigned Parking Spaces

Property Views

  • Ocean To Bay
  • Full Bay or Harbor
  • City
  • Canal
  • Pool

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Tile Roof
  • Membrane Roofing
  • Block Exterior
  • Stone Siding

Interior Spaces

  • 5,615 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Electric Fireplace
  • ENERGY STAR Qualified Windows
  • Sliding Doors
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Den
  • Bonus Room
  • Inside Utility
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • In-Law or Guest Suite

Home Security

  • Security Lights
  • Storm Windows
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Construction
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Wind Turbine Power
  • Reclaimed Water Irrigation System

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Outdoor Shower
  • Outside Bathroom Access
  • Chlorine Free
  • Pool Tile
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Seawall
  • No Wake Zone
  • Boat Lift
  • Assigned Boat Slip
  • Dock has access to electricity and water
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill
  • Rain Gutters

Location

  • Flood Insurance May Be Required
  • Property is near a golf course

Schools

  • Shore Acres Elementary School
  • Meadowlawn Middle School
  • Northeast High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Built by Hines Construction
  • Venetian Isles Subdivision
  • Leased Association Recreation
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,810

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Block, Stone, Frame
  • Fireplace: Yes
  • Living Area: 5615
  • Lot Size Acres: 0.23
  • New Construction: Yes
  • Year Built: 2024
  • Building Area Total: 6592
  • Lot Size Sq Ft: 10110
  • Directions to Property: Overlook Dr NE to Grand Canal Dr NE, Right to Iowa Ave NE, Right to address.
  • Status: Pending
  • Street Post Direction: NE
  • Co List Office Mls Id: MFR260030730
  • Co List Office Phone: 727-894-1600
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 203884503
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 890.29
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Planned Unit Development Yn: 0
  • Property Description: Elevated,Walk-Up
  • MFR_NumAssignedParkingSpaces: 4
  • MFR_InLawSuiteYN: 1
  • MFR_DockDescription: Dock - Composite,Dock w/Electric,Dock w/Water Supply,Lift
  • MFR_DockYN: 1
  • MFR_DockMaintenanceFeeFrequency: N/A
  • MFR_InLawSuiteDescription: 1 Bathroom,1 Bedroom,Attached,Private Entrance
  • Attribution Contact: 727-894-1600
  • Tax Year: 2023
  • Special Features: 4098

Interior Features

  • Fireplace Features: Electric, Family Room, Insert
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Wood
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Appliances Included: Built-In Oven, Convection Oven, Dishwasher, Disposal, Freezer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Three Or More
  • Other Equipment: Irrigation Equipment
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 3
  • Window Features: ENERGY STAR Qualified Windows, Storm Window(s)
  • Street Number Modifier: 1954
  • Additional Rooms: Bonus Room,Den/Library/Office,Inside Utility,Interior In-Law Suite w/Private Entry
  • Living Area Meters: 521.65
  • Room Count: 7

Exterior Features

  • Direction Faces: West
  • Other Structures: Outdoor Kitchen, Storage
  • Pool Features: Chlorine Free, Gunite, In Ground, Lighting, Outside Bath Access, Salt Water, Tile
  • Exterior Features: Balcony, Lighting, Outdoor Grill, Outdoor Shower, Rain Gutters, Sliding Doors, Storage
  • Roof: Membrane, Tile
  • Home Warranty: Yes
  • Pool Private: Yes
  • View: City, Pool, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Rear Porch
  • Road Surface Type: Paved
  • Water Access: Canal - Saltwater,Gulf/Ocean to Bay
  • Water Extras: Assigned Boat Slip,Bridges - No Fixed Bridges,Lift,No Wake Zone,Sailboat Water,Seawall - Concrete
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 90
  • Water View: Bay/Harbor - Partial,Canal,Gulf/Ocean to Bay
  • Water View YN: 1
  • Waterfront Feet Total: 90
  • Additional Water Information: Deep water sailboat access directly to Tampa Bay and the Gulf.

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 5
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Driveway, Garage Door Opener, Ground Level, Oversized

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Public, Sewer Available, Sewer Connected, Sprinkler Recycled, Underground Utilities, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Lease, Deed Restrictions, Golf Carts OK, Irrigation-Reclaimed Water, Sidewalks, Street Lights
  • Association Amenities: Other
  • Association: Yes
  • Security: Secured Garage/Parking, Security Lights, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Shore Acres Elementary-PN
  • High School: Northeast High-PN
  • Middle Or Junior School: Meadowlawn Middle-PN

Lot Info

  • Parcel Number: 03-31-17-93878-009-0250
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Features: Flood Insurance Required, Landscaped, Near Golf Course, Street Dead-End, Paved
  • Lot Dimensions: 93x111
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 939

Green Features

  • Efficiency: Construction, Doors, Insulation, Windows
  • Green Power: Wind
  • Green Verification Count: 0

Building Info

  • Builder Name: Hines Construction

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Buyer and or buyers agent to verify all leasing restrictions with local city office.

Tax Info

  • Tax Annual Amount: 25810.32
  • Tax Block: 9
  • Tax Book Number: 64-49
  • Tax Lot: 25

Multi Family

  • Waterfront Features: Canal - Saltwater

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $25,810 $1,001,294 $981,590 $19,704
2023 $25,810 $1,299,698 $1,048,812 $250,886
2022 $5,834 $333,815 $0 $0
2021 $5,920 $324,092 $0 $0
2020 $5,927 $319,617 $0 $0
2019 $5,679 $305,818 $0 $0
2018 $5,600 $300,116 $0 $0
2017 $5,546 $293,943 $0 $0
2016 $5,493 $287,897 $0 $0
2015 $5,570 $285,896 $0 $0
2014 $5,540 $283,627 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Pending -- -- --
05/29/2025 05/29/25 Price Changed $4,999,000 -6.6% $890 / Sq Ft
05/25/2025 05/25/25 Price Changed $5,350,000 -0.5% $953 / Sq Ft
05/16/2025 05/16/25 Price Changed $5,375,000 -0.1% $957 / Sq Ft
05/02/2025 05/02/25 Price Changed $5,380,000 -0.1% $958 / Sq Ft
04/25/2025 04/25/25 Price Changed $5,385,000 -3.6% $959 / Sq Ft
04/23/2025 04/23/25 Price Changed $5,585,000 -0.1% $995 / Sq Ft
04/11/2025 04/11/25 Price Changed $5,590,000 -0.1% $996 / Sq Ft
03/26/2025 03/26/25 Price Changed $5,595,000 -3.5% $996 / Sq Ft
01/30/2025 01/30/25 Price Changed $5,795,000 -5.0% $1,032 / Sq Ft
11/11/2024 11/11/24 For Sale $6,100,000 0.0% $1,086 / Sq Ft
10/15/2022 10/15/22 Rented $5,000 0.0% --
10/06/2022 10/06/22 Price Changed $5,000 -16.0% $3 / Sq Ft
09/14/2022 09/14/22 Price Changed $5,950 -8.5% $3 / Sq Ft
09/06/2022 09/06/22 Price Changed $6,500 -7.1% $3 / Sq Ft
08/23/2022 08/23/22 For Rent $7,000 0.0% --
08/18/2022 08/18/22 Sold $1,100,000 0.0% $564 / Sq Ft
08/18/2022 08/18/22 For Sale $1,100,000 -- $564 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,100,000 --
Warranty Deed $238,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,600,000 Construction
Closed $825,000 New Conventional
Previous Owner $300,000 Credit Line Revolving
Previous Owner $190,800 New Conventional
Source: Public Records

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Source: Stellar MLS

MLS Number: TB8319730

Stellar MLS

APN: 03-31-17-93878-009-0250