Diane Olsavsky

503 Laguna Drive , Tierra Verde, FL 33715

$1,750,000
  • 503 Laguna Drive , Tierra Verde, FL 33715 Main Photo

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New to the Market Active
BEDS3 BATHS3 full 1 partial SQUARE FEET2,667 MLS#TB8512948
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONTIERRA VERDE

Property Description

On one of Tierra Verde's finest waterways, where two wide channels meet, 503 Laguna Drive commands panoramic water views across a broad, sheltered basin from a rare 14-foot elevation that kept the home and garage untouched by flooding through the storms of 2024. The dock was rebuilt in 2025 on deep, protected water and carries a boat lift that has hosted a 30-foot cruiser, plus twin davits, open decking, and a lighted landing with quick access to the Intracoastal and the Gulf. Inside, a soaring great room anchors the home with two-story ceilings, four massive timber beams, a whitewashed stone double-sided fireplace, and walls of glass that slide open to the pool deck. The kitchen offers granite counters, double wall ovens, an island cooktop, freshly repainted cabinetry, a generous walk-in pantry, and French doors to a private terracotta screened-in courtyard made for grilling, while the formal dining room sits in a turret of arched windows just off the foyer.The first-floor primary suite lives step-free from bedroom to pool deck, a combination rarely found in an elevated home and includes a fitted walk-in dressing room with a brand-new skylight, pass-through access to the laundry, and a dual-vanity bath with vessel sinks, a jetted garden tub, and a separate shower. Upstairs, a loft office overlooks the great room, and two vaulted bedrooms share a hall bath, one opening to a covered deck where the view stretches across the basin and down both channels. Enormous outdoor living area within a two-story screened enclosure with 122 newly replaced screens: a large heated pool, roughly eight feet deep and fully resurfaced with new tile, marble, and granite, a raised piano shaped spa with waterfall, a covered lanai with bar, sink, and beverage refrigerator, swing seating at the water's edge, and a rebuilt spiral stair to the upper deck, where all wood and railings were replaced within the past year.Recent updates continue throughout: roof (May 2025), water heater 2025, A/C systems (2023 and 2021), pool pump (2026), new flooring, new garage doors, freshly epoxied driveway, smart lighting, and keypad entry. Concrete block construction anchors the lower structure and garage beneath oversized framing above.Tierra Verde offers a rare combination of privacy, boating access, and proximity to everything that makes the Florida lifestyle so compelling. For boaters, few places compare: immediate access to the Intracoastal and open Gulf waters, deep protected canals, and a relaxed island character where daily life revolves naturally around the water. And the island sits slightly removed from the rush of the mainland, yet only minutes from Fort De Soto Park, Pass-a-Grille, and the museums, dining, and energy of downtown St. Petersburg.

503 Laguna Drive | MLS# TB8512948

This single family home located at 503 Laguna Drive , Tierra Verde, FL 33715 is currently listed for sale with an asking price of $1,750,000. This property was built in 1985 and has 3 bedrooms and 3 full and 1 partial baths with 2667 sq. ft. Laguna Drive is located in the TIERRA VERDE subdivision. Search TIERRA VERDE real estate on dolsavsky.floridaexecutiverealty.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Garage: 2 car attached
Heating: Central
Lot Size: 0.24 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $10,337
Year Built: 1985

Amenities

Cathedral Ceiling(s)
Open Floorplan
Primary Bedroom Main Floor
Vaulted Ceiling(s)
Walk-In Closet(s)
Balcony

Feature Descriptions

Additional Rooms: Formal Dining Room Separate
Appliances: Built-In Oven, Cooktop, Dishwasher, Dryer, Refrigerator, Washer
Association Amenities: Pickleball Court(s), Playground, Tennis Court(s)
Body of Water: BABY GRAND / PINE KEY CUTOFF
Community Features: Deed Restrictions, Golf Carts OK, Irrigation-Reclaimed Water, Playground, Tennis Court(s)
Directions: Madonna to 6th Ave N to Laguna
Exterior: Block, Stucco
Fireplace: Living Room, Wood Burning
Fireplace Y/N: Yes
Flood Zone Code: AE
Flooring: Carpet, Vinyl
Foundation: Other
Frontage Canal Salt: 55
Garage Dimensions: 24x21
HOA Fee: 14/ Quarterly
HOA Y/N: Yes
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.24
Other Equipment: Irrigation Equipment
Ownership: Fee Simple
Pets Allowed: Yes
Pool: In Ground
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: ShowingTime
Spa: Heated, In Ground
Special Sale Provisions: None
Special View Info: Water
Swimming Pool: Yes
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access: Canal - Saltwater
Water Access Y/N: Yes
Waterfront Features: Canal - Saltwater, Davits, Lift
Water View: Canal
Zoning: R-2

Room Sizes

Kitchen: 16x15
Living Room: 31x16
Primary Bedroom: 16x21
Dining Room: 14x13
Bathroom 2: 8x11
Primary Bathroom: 17x17
Laundry: 21x8
Bedroom 2: 16x12
Bathroom 3: 16x13
Loft: 14x23

Local Schools

High School: Lakewood High-PN
Middle School: Bay Point Middle-PN
Elementary School: Gulfport Elementary-PN

Listed By / Shown By

Listed By

Agency Name: COMPASS FLORIDA LLC
Agency Contact: 727-380-2067

Shown By

Agent Name: Diane Olsavsky
Agent Phone: (813) 468-3859
Agency Title: Florida Executive Realty

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Estimated Payment

$ 5,266.57 per month $3,894.74 Principal & Interest $861.42 Property Tax $510.42 Homeowner's Insurance

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