
$1,060,000 Open Sat 1PM - 3PM
- 4 Beds
- 3 Baths
- 1,905 Sq Ft
- 380 Pinellas Bayway S
- Unit E
- Saint Petersburg, FL
Estimated payment $43,931/month
If you’re truly ready for the very best, this is your next destination.
Commanding a premier position on Tierra Verde’s Grand Canal, 501 Barcelona Drive is a trophy residence for those who demand architectural excellence, privacy, and an exceptional waterfront lifestyle. Behind its clean modern lines lies a home designed for how you truly want to live—with world-class entertaining and elevated day-to-day living unfolding seamlessly across one impeccably built level. From the disappearing-edge pool to the curated finishes, every detail is conceived to inspire and impress.
This nearly new custom build, completed in 2024 by its current owners, was designed with a visionary use of form and texture by Mandy Vallowe; simply to be in it evokes a rare fusion of sophistication and serenity. Indoor spaces flow into luxurious outdoor living, complete with a deluxe outdoor kitchen and a disappearing-edge waterfall framed by a true boater’s paradise.
The kitchen is a showcase of refined performance and elegance, centered around a dramatic island wrapped in honed Calacatta Borghini marble. It features a gas cooktop, convection oven, and microwave—all by Gaggenau—alongside a built-in Sub-Zero refrigerator and dual sets of Fisher & Paykel dish drawers. Finished with exceptional craftsmanship, the space is equally suited to daily living and luxury entertaining. Behind the kitchen, a spacious butler’s pantry offers added counter space, generous storage, and a secondary refrigerator/freezer.
The construction is nothing short of extraordinary. Built by Crescent Homes—an award-winning firm with over 5,000 residences completed—the home was engineered with a commercial mindset rarely applied to residential builds. All-block construction, cast-in-place concrete beams (many with #8 rebar), commercial ES-rated windows, and 159 deep pilings beneath the home and 30 more beneath the pool deck form a structural core more akin to a boutique hotel than a residence. Level 5 smooth-finished walls offer gallery-quality surfaces ideal for art.
The home, patio, and elevated infinity-edge pool all reside on the same plane—enhancing resilience, ensuring privacy from passing boats, and allowing interior and exterior spaces to function as one. Over half a million dollars was invested in structural elements that remain unseen yet deeply felt, contributing to the home’s exceptional quiet, strength, and peace of mind. A built-in bar anchors the living space, offering a sophisticated setting for entertaining with ease.
A fully automated Control4 system manages lighting, shades, audio, climate, security, and accent lighting—easily operated via custom remote or app.
A 36kW solar energy system offsets nearly all power bills and feeds power back to the grid.
Located on Tierra Verde’s Grand Canal—some of the most coveted boating water on the Gulf Coast—the property’s dockage, with slip and lift, offers near-instant access to the open Gulf and Intracoastal at one end and Port32 marina at the other.
Tierra Verde is a private island community perfectly positioned between the Gulf’s award-winning beaches and the vibrancy of downtown St. Petersburg—with fine dining, acclaimed museums, waterfront parks, and international airports all nearby.
Listing Agent
COMPASS FLORIDA LLC Brokerage Phone: 727-339-7902 License #3381195 Listed on: 06/12/2025
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 | $24,455 | $1,124,925 | $1,113,788 | $11,137 |
2023 | $24,455 | $1,440,101 | $1,022,547 | $417,554 |
2022 | $17,911 | $1,299,958 | $952,980 | $346,978 |
2021 | $15,245 | $877,081 | $0 | $0 |
2020 | $13,753 | $747,732 | $0 | $0 |
2019 | $12,575 | $671,552 | $362,913 | $308,639 |
2018 | $12,142 | $642,743 | $0 | $0 |
2017 | $11,523 | $600,025 | $0 | $0 |
2016 | $11,536 | $591,186 | $0 | $0 |
2015 | $11,052 | $572,616 | $0 | $0 |
2014 | $9,867 | $490,685 | $0 | $0 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/12/2025 06/12/25 | For Sale | $7,950,000 | +278.6% | $1,841 / Sq Ft |
07/08/2022 07/08/22 | Sold | $2,100,000 | -12.5% | $679 / Sq Ft |
05/21/2022 05/21/22 | Pending | -- | -- | -- |
03/31/2022 03/31/22 | Price Changed | $2,400,000 | 0.0% | $776 / Sq Ft |
03/31/2022 03/31/22 | For Sale | $2,400,000 | +9.1% | $776 / Sq Ft |
03/12/2022 03/12/22 | Pending | -- | -- | -- |
03/09/2022 03/09/22 | Price Changed | $2,200,000 | -12.0% | $711 / Sq Ft |
11/12/2021 11/12/21 | For Sale | $2,500,000 | +19.0% | $808 / Sq Ft |
10/09/2021 10/09/21 | Off Market | $2,100,000 | -- | -- |
09/22/2021 09/22/21 | For Sale | $3,850,000 | -- | $1,245 / Sq Ft |
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $2,100,000 | New Title Company Name | |
Interfamily Deed Transfer | -- | Attorney |
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $3,671,850 | New Conventional | |
Closed | $1,680,000 | New Conventional |
Luxury and waterfront property specialists, The Salamone Group has been helping people buy and sell the finest Tampa Bay properties for over 30 years. Each of us shares the same passion: To leverage our extensive experience, network, and resources to help our buyers and sellers achieve their real estate goals. Our expansive network and white-glove service ensure a bespoke experience for both buyers and sellers. Let our top-producing Tampa Bay real estate team find your dream luxury coastal home
Source: Stellar MLS
MLS Number: TB8396125
APN: 19-32-16-90900-002-0050