5117 SALMON DRIVE SE UNIT B, ST PETERSBURG, FL, 33705
Active46 days on marketListed Jun 25, 2026MLS #TB8523080
About this home
5117 SALMON DRIVE SE UNIT B
*Separately deeded boat slip with lift available for purchase just steps from your back door*. Experience the ultimate Florida waterfront lifestyle in this turnkey, beautifully updated first-floor condo overlooking the sparkling waters of Little Bayou with direct access to Tampa Bay. This light-filled 1-bedroom, 1-bath residence features an open-concept floor plan, hurricane-impact windows, stainless steel appliances, and a spacious walk-in shower, creating the perfect blend of comfort and coastal elegance. Step onto your oversized waterfront patio and unwind as you take in breathtaking sunsets, gentle bay breezes, and panoramic water views. Watch dolphins play, manatees glide by, pelicans dive for fish, and sailboats cruise through the bayou—all from the comfort of your own backyard. Nestled within the gated island community of Waterside at Coquina Key South, you'll enjoy a true resort-style lifestyle with an impressive array of amenities, including two swimming pools, a private yacht club with a waterfront bar, fitness center, pickleball and tennis courts, basketball, volleyball, fishing pier, kayak launches and storage racks, EV charging station, dog park, walking trails, water aerobics, book clubs, and a vibrant calendar of social events. For boating enthusiasts, a rare opportunity awaits the owners also offer a separately deeded boat slip with lift, located just steps from the condo and available for purchase separately. With no fixed bridges and quick access to Tampa Bay and the Gulf of Mexico, you'll be on the water in minutes. Ideally located just minutes from vibrant Downtown St. Petersburg, you'll enjoy award-winning restaurants, boutique shopping, museums, waterfront parks, the St. Pete Pier, Fort De Soto Park, beautiful Gulf beaches, and convenient access to both St. Pete–Clearwater International Airport and Tampa International Airport. Whether you're searching for a year-round residence, seasonal escape, or investment opportunity, this exceptional waterfront retreat delivers the relaxed coastal lifestyle you've been dreaming of.
Facts & features
The home at a glance
1
Bedrooms
1
Bathrooms
646
Sqft
0 ac
Lot size
1979
Year built
One
Levels
$385
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$2,875 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,875/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+9.7%
$/sqft vs WATERSIDE AT COQUINA KEY SOUTH
$385 vs $374
Days on market
46 vs 57 typical
Where $385/sqft sits among the 26 homes for sale in WATERSIDE AT COQUINA KEY SOUTH
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Coquina Key
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know St Petersburg. See the full St Petersburg guide →
Coquina Key — neighborhood snapshot
Population
4,069
Median age
46
Median income
$104,283
Median home value
$329,549
Avg household
2
Households w/ children
309
For the school run
Pinellas County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The St Petersburg market
$380K → $402K
St Petersburg median sold, yr/yr
95.8%
Sale-to-list ratio (12 mo)
17 of 26
WATERSIDE AT COQUINA KEY SOUTH have cut their price
Median sold price, St Petersburg, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 14% below the ST PETERSBURG 33705 median. See the full St Petersburg market guide →
Paper trail
This home's history
Reality check
What actually sold near 5117 SALMON DRIVE SE UNIT B
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$130,000
4985 COBIA DRIVE SE UNIT A · same community
1 bd · 1 ba · 646 sqft · $201/sqft · 322 DOM
Sold · Feb ’26$220,000
4794 COBIA DRIVE SE UNIT C · same community
1 bd · 1 ba · 665 sqft · $331/sqft · 37 DOM
Sold · Aug ’26$199,000
4859 COQUINA KEY DRIVE SE UNIT C · same community
2 bd · 1 ba · 720 sqft · $276/sqft · 263 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5117 SALMON DRIVE SE UNIT B — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5117 SALMON DRIVE SE UNIT B — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
5117 SALMON DRIVE SE UNIT B FAQs
What would the monthly payment be for 5117 SALMON DRIVE SE UNIT B?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,875/mo — principal and interest, the actual property-tax bill, the $715/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 5117 SALMON DRIVE SE UNIT B?+
The association fee works out to $715 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 5117 SALMON DRIVE SE UNIT B?+
The most recent tax bill on record (2025) was $5,090. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 5117 SALMON DRIVE SE UNIT B?+
The listing reports pets: Breed Restrictions, Number Limit. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in St Petersburg?+
At $249,000, this home is listed about 42% below the St Petersburg median of $430,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5117 SALMON DRIVE SE UNIT B?+
Lakewood Elementary School (elementary), Lakewood High School (high), Bay Point Middle School (middle) — Pinellas County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the ST PETERSBURG 33705 market on paper
$249,000 is 14% below the ST PETERSBURG 33705 median of $290,000.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $715/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
Keep looking
Similar homes nearby
Listing courtesy of LUXURY & BEACH REALTY INC · Betty Rohe. MLS #TB8523080.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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