To schedule a showing of 4750 Dolphin Cay Lane UNIT #509, Saint Petersburg, Florida, Call David Shippey at 863-521-4517 TODAY!

$575,000 Reduced -$50,400
4750 Dolphin Cay Lane UNIT #509
Saint Petersburg, FL 33711
  • 2Beds
  • 2.00Total Baths
  • 2 Full, 0 HalfBaths
  • 1,438SqFt
  • 1994Year Built
  • 2.59Acres
  • MLS# TB8479861
  • Residential
  • Condominium
  • Active

  • Approx Time on Market3 months, 27 days
  • Area33711 - St Pete/gulfport
  • CountyPinellas
  • Subdivision Dolphin Cay Dominica

Overview

CASH BUYERS - EXTRAORDINARY VALUE AT DOLPHIN CAY.Originally positioned at $710,000 and recently appraised at $663,000, this exceptional 5th-floor corner residence is now offered at just $575,000. The seller has intentionally repositioned the property to create one of the most compelling value opportunities currently available in Dolphin Cay. Priced $135,000 below its original market positioning and nearly $90,000 below a recent appraisal, this is a rare opportunity to acquire a premium waterfront residence at an exceptional price.This beautifully updated 2-bedroom, 2-bath corner residence offers approximately 1,630+ square feet of combined interior and balcony living space, including three private balconies with both sunrise and sunset exposures. Floor-to-ceiling windows and sliding glass doors fill the residence with natural light while showcasing panoramic views of the lake, Boca Ciega Bay, the downtown St. Petersburg skyline, and distant Gulf of Mexico sunsets.Located within Dolphin Cay's private 88-acre waterfront preserve, residents enjoy a lifestyle unlike any other in the Tampa Bay area. Walking trails wind through lush tropical landscaping, while dolphins, birds, and ever-changing lake and bay views become part of everyday life. A private sandy beach, waterfront pool overlooking Boca Ciega Bay, tennis courts, fitness center, clubhouse, fishing pier, library building, Bike and Kayak storage and 24-hour guard-gated security complete the resort-style experience.The residence may be purchased furnished and features updated high quality flooring, fresh interior paint, crown molding, electric window blinds, an updated entry, newer A/C system, newer water heater, covered parking, in unit washer/dryer and private storage to name a few. The desirable split-bedroom floor plan offers privacy, functionality, and multiple outdoor living areas rarely found in condominium living.The Dominica building has completed substantial capital improvements from 2023 through 2025, including a new roof, two new elevators, exterior painting, updated hallway flooring throughout the building, upgraded fire alarm and sprinkler systems, enhanced landscaping, and significant seawall and drainage improvements. The building has successfully completed its Milestone Inspection with a clean Phase One report and no Phase Two inspection was required. Ideally located just minutes from St. Pete Beach, Interstate 275, downtown St. Petersburg, world-class dining, shopping, and cultural attractions, Multiple Golf courses, and boating. This meticulously maintained residence has had only three owners, two of whom were seasonal residents, and has no rental history.The seller has already secured their next residence and has priced this property to facilitate a prompt, uncomplicated transaction. The pricing reflects timing and opportunitynot the condition or quality of the property. Opportunities to acquire a Turn Key - high-floor corner waterfront residence in Dolphin Cay at this price point are exceptionally rare. Serious cash buyers are encouraged to schedule their private showing promptly.



Agriculture / Farm

Association Fees / Info

Community Features:  Clubhouse, CommunityMailbox, Dock, Fitness, Fishing, Lake, Pool, RecreationArea, TennisCourts, Waterfront, WaterAccess, Gated, Sidewalks

Pets Allowed:  Yes

Hoa Fees Frequency:  Monthly

Association:  Yes

Hoa Fees Frequency:  Monthly

Association Fee Includes:  AssociationManagement, CommonAreas, CableTv, Insurance, Internet, MaintenanceGrounds, MaintenanceStructure, PestControl, Pools, RecreationFacilities, ReserveFund, RoadMaintenance, Sewer, Security, Taxes, Trash, Water

Hoa Fees:  1134

Bathroom Info

Total Baths:  2.00

Fullbaths:  2

Building Info

Window Features:  WindowTreatments

Roof:  Other, Tile

Building Area Source:  Owner

Buyer Compensation

Exterior Features

Pool Features:  Gunite, Heated, InGround, Community

Patio:  RearPorch, Covered, FrontPorch, Balcony

Exterior Features:  Balcony, OutdoorGrill, Storage, TennisCourts

Fees / Restrictions

Financial

Original Price:  $710,000

Disclosures:  CovenantsRestrictionsDisclosure

Garage / Parking

Attached Garage:  Yes

Garage:  Yes

Green / Env Info

Interior Features

Floors:  CeramicTile, LuxuryVinyl

Levels:  One

Spa:  Yes

Laundry Features:  Inside

Interior Features:  CeilingFans, CrownMolding, EatInKitchen, LivingDiningRoom, MainLevelPrimary, OpenFloorplan, SplitBedrooms, SolidSurfaceCounters, WalkInClosets, WindowTreatments

Appliances:  Dryer, Dishwasher, ElectricWaterHeater, Freezer, Disposal, IceMaker, Range, Refrigerator, RangeHood, Washer

Spa Features:  InGround

Lot Info

Direction Remarks:  Take I - 275 to Pinellas Bayway (Exit 17) , Turn Right before Toll Booths to Guard Gate. Must Have an Appointment to get through the Guard Gate, strict identification entry requirements are in place.

Lot Size Units:  Acres

Lot Size Acres:  2.59

Lot Sqft:  112,792

Vegetation:  PartiallyWooded, Wooded

Lot Desc:  NearGolfCourse, Private, PrivateRoad, BuyerApprovalRequired, Landscaped

Misc

Other

Special Conditions:  None

Security Features:  ClosedCircuitCameras, FireAlarm, FireSprinklerSystem, SecurityGate, KeyCardEntry, SmokeDetectors, GatedWithGuard, GatedCommunity

Other Rooms Info

Property Info

Section:  03

Class Type:  Condominium

Property Sub Type:  Condominium

Property Condition:  NewConstruction

Construction Materials:  Block, Stucco

Stories:  1

Total Stories:  6

Foundation:  PillarPostPier, Slab, StemWall

Human Modified:  Yes

Room Info

Total Rooms:  5

Sqft Info

Sqft:  1,438

Bulding Area Sqft:  1,638

Living Area Units:  SquareFeet

Living Area Source:  Owner

Tax Info

Tax Year:  2,025

Tax Lot:  5090

Tax Legal Description:  DOMINICA AT DOLPHIN CAY CONDO, THE BLDG D, UNIT 509 TOGETHER WITH THE USE OF PARKING SPACE 32 & STORAGE UNIT 509

Tax Block:  004

Tax Annual Amount:  10550.29

Tax Book Number:  115-71

Unit Info

Unit:  509

Utilities / Hvac

Heating:  Electric

Water Source:  Public

Sewer:  PublicSewer

Cool System:  CentralAir, CeilingFans

Cooling:  Yes

Heating:  Yes

Utilities:  CableConnected, ElectricityConnected, SewerConnected, UndergroundUtilities, WaterConnected

Waterfront / Water

View:  Yes

View:  City, Garden, TreesWoods, Water

Directions

Take I - 275 to Pinellas Bayway (Exit 17) , Turn Right before Toll Booths to Guard Gate. Must Have an Appointment to get through the Guard Gate, strict identification entry requirements are in place.

This listing courtesy of Personal Realty Advisers 

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Price & Status History (on davidshippey.com since Wed, Feb 25th 2026)
  • Original Price: $710,000
  • Current Price: $575,000
  • Price Reduced: $135,000
Date ChangedFromTo
06/03/2026$625,400 $575,000 Reduced by $50,400
05/17/2026$625,500 $625,400 Reduced by $100

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If you have any questions on 4750 Dolphin Cay Lane UNIT #509, Saint Petersburg, Florida, please call David Shippey at 863-521-4517.


MLS# TB8479861 located at 4750 Dolphin Cay Lane UNIT #509, Saint Petersburg, Florida is brought to you by David Shippey REALTOR®

4750 Dolphin Cay Lane UNIT #509, Saint Petersburg, Florida has 2 Beds, 2 Full Bath, and 0 Half Bath.
The MLS Number for 4750 Dolphin Cay Lane UNIT #509, Saint Petersburg, Florida is TB8479861.
The price for 4750 Dolphin Cay Lane UNIT #509, Saint Petersburg, Florida is $575,000.
The status of 4750 Dolphin Cay Lane UNIT #509, Saint Petersburg, Florida is Active.
The subdivision of 4750 Dolphin Cay Lane UNIT #509, Saint Petersburg, Florida is Dolphin Cay Dominica.
The home located at 4750 Dolphin Cay Lane UNIT #509, Saint Petersburg, Florida was built in 2026.