4550 OVERLOOK DRIVE NE UNIT 258 ST PETERSBURG FL 33703 MLS #TB8339991

Exceptional 2-Bedroom Retreat with Stunning Lake Views – Zoned for Top-Rated Shore Acres Elementary!
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Peace of Mind After Two Hurricanes
While the area was recently affected by two hurricanes, this second-floor unit was completely unaffected and sustained no damage. Second-floor units are not at risk of flooding, offering added peace of mind for potential buyers. First-floor units are undergoing renovations funded by the master flood insurance policy, ensuring that the entire building is being restored to the highest standards. This makes the second-floor unit a safe, dry, and protected space, ideal for worry-free living.
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Prime Location & Breathtaking Lake Views
Located among multi-million-dollar homes, this beautifully renovated 2-bedroom, 2-bathroom home offers a rare opportunity to enjoy breathtaking lake views and easy access to nearby sandbars, islands, boat-friendly restaurants, and the St. Petersburg Pier. Just minutes from vibrant downtown St. Petersburg, this location is ideal for those seeking both tranquility and proximity to cultural, dining, and entertainment options.
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Income-Producing Property
Currently tenant-occupied, the home generates $2,500/month in rental income. The lease includes a clause allowing termination with 30 days’ notice from the landlord, offering flexibility to buy the property with the tenant in place or vacant.
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Luxurious Renovations & Modern Updates
Step inside to find a chef’s kitchen featuring sleek granite countertops, soft-close cabinets, and ample space for culinary creations. Enjoy the elegance of luxurious vinyl wood plank flooring, stylish new vanities in the bathrooms, and elegant plantation shutters throughout the home. The open-concept layout, large windows, and in-unit laundry add convenience and comfort to your living experience.
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Resort-Style Community Amenities
Enjoy resort-style living with a heated pool, community pier, kayak and paddleboard access, and BBQ areas. The clubhouse offers billiards, ping pong, and a fully equipped kitchen. The HOA fees cover high-speed internet, cable TV (155+ channels), HBO, Paramount+, SHOWTIME, water, sewer, trash, pool maintenance, landscaping, exterior building maintenance, and the community’s master insurance policies. Additionally, the community provides a car wash station, bike storage, and laundry facilities for added convenience.
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Convenient Access to Everything You Need
With easy access to major roads like I-275 and the 4th Street Corridor, commuting is a breeze. The Gulf of Mexico, St. Pete Beach, and Tampa are all nearby, with plenty of green spaces for pets to explore and enjoy.