5001 Queen Palm Terrace NE, St Petersburg, FL 33703 (MLS # TB8383799)

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View Virtual Tour PRICE $1,195,000 BEDS 4 BATHS 3 HOME SIZE 2,594 sqft LOT SIZE 9,148 sqft Request More Info Schedule a Showing

Welcome to refined Florida living in the prestigious, gated community of Placido Bayou"”one of the Gulf Coast's most private and sought-after enclaves. Tucked within a protected nature preserve, this luxurious 4-bedroom, 3-bath residence offers an exceptional blend of elegance, comfort, and lifestyle. The home features a desirable double split-bedroom floor plan with a versatile bonus room ideal for a den, home office, or additional sleeping space. An open, light-filled layout is enhanced by hardwood flooring, expansive windows, and multiple sliding glass doors that seamlessly connect indoor and outdoor living. Step outside to a generously sized, pavered pool deck"”perfect for entertaining or relaxing amid the tranquil surroundings. Additional highlights include a barrel tile roof, fencing on two sides, and a transferable 10-year subterranean termite warranty. Placido Bayou is renowned for its serene, tree-lined streets, multiple scenic lakes ideal for fishing, and abundant native wildlife, including rare bird species and turtles. Residents enjoy a one-mile circular walking and biking path at the heart of the community, making it ideal for walking, cycling, or cruising by electric cart. The neighborhood is known for being family- and pet-friendly, offering a safe, welcoming environment for all ages. The home is conveniently located just a short walk to an elite private K-12 school and benefits from a remarkably low HOA fee of only $125 per month, which includes 24-hour manned guard gate security and reclaimed water for irrigation. The location is truly unbeatable"”just minutes from multiple grocery stores, shopping, dining, fitness centers, a state-of-the-art YMCA, tennis facilities, and a championship 18-hole public golf course with junior and instructional programs. Downtown St. Petersburg's vibrant arts, dining, and cultural scene is only 15 minutes away, along with major hospitals and Johns Hopkins All Children's Hospital. Easy access to multiple bridges provides convenient travel to Tampa, Sarasota, and Tampa International Airport. This exceptional residence offers privacy, security, and an unparalleled lifestyle in one of St. Petersburg's most coveted communities.