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5001 Queen Palm Terrace Ne, 
St Petersburg, FL 33703

$1,195,000


4

Beds


3

Baths


2,594

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Dave Masi

Realty One Group Sunshine

Last updated:

January 27, 2026, 01:20 PM

MLS#

TB8383799

Source:

MFRMLS

About This Home

5001 Queen Palm Terrace Ne

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.

Home Facts

Single Family

3 Baths

4 Bedrooms

Built in 1994

Price Summary

1,195,000

$460 per Sq. Ft.

MLS #:

TB8383799

Last Updated:

January 27, 2026, 01:20 PM

Added:

8 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,594 Sq. Ft.


Structure

Structure

Building Area:

3,519 Sq. Ft.

Year Built:

1994


Lot

Lot Size (Sq. Ft):

9,126


Finances & Disclosures

Finances

Price:

$1,195,000

Price per Sq. Ft:

$460 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.