Waterfront
Address
518 Riverside Drive, TARPON SPRINGS, FL
Price
$ 2,800,000
Property Attributes
  • MLS#TB8319572
  • TypeSingle Family
  • Listing Status Active
  • CountyPinellas
  • CityTARPON SPRINGS
  • AreaTarpon Springs
  • NeighborhoodSUNSET HILLS
  • Zip34689
  • StyleSingle Family Residence
  • Year Built1999
  • Taxes$ 38050
  • Price$ 2,800,000
  • Bedrooms8
  • Full Bathrooms6
  • Half Bathrooms2
  • Sqr Footage7886
  • Lot Size2.25 Acres
Data Source:
Stellar MLS
Property Description

WATERFRONT PROPERTY PRIME LOCATION WITH DIRECT WATER ACCESS TO GULF OF MEXICO - Welcome to 518 - 504 Riverside Drive, an exceptional executive estate that spans over 2+ acres of pristine property sitting 30 FEET ABOVE SEA LEVEL. Enclosed by a solid concrete wall for unmatched security and privacy, this compound features two magnificent homes, perfectly situated atop the scenic Kraemer Bayou. With no flood zone concerns and no HOA, this property offers both peace of mind and freedom. The main residence boasts 4 bedrooms, 3 full baths, and a half bath. Enjoy breathtaking bayou views from the elegant dining room, spacious family room, and expansive office. Every detail of this home reflects sophistication and comfort. The guest house is an entertainer’s dream, featuring a sprawling living and entertainment area complete with a sunken wet bar and a commercial-style kitchen. With 4 bedrooms, 3.5 baths, and additional living quarters in the basement, the guest house is perfect for hosting family and friends. Recent updates include new laminate flooring and fresh paint throughout. Water enthusiasts will love the newly updated dock, complete with Trex decking, a 10,000-lb lift, power, and water, providing direct access to the Gulf. Enjoy inshore fishing from your dock or jump in a fishing kayak and fish the beatiful mangroves that lead right out to the Gulf, or maybe enjoy some tubing with the Jet Skis.The resort-style backyard is a true paradise, featuring an infinity pool overlooking the bayou, a newly built party gazebo equipped with natural gas and water along with a fully functional outdoor kitchen. Enjoy the detached swim spa with an air-conditioned workout facility and shower stall. The meticulously re-landscaped grounds include a sand volleyball court for added fun and recreation. Additional highlights include a whole-property 30,000 kW generator, automatic hurricane shutters, and 6 garage spaces accessed via two remote-controlled gates leading to a private courtyard. Located in the charming and world-famous town of Tarpon Springs, featuring some of the finest Greek Restaurants around. This quaint town has so much to offer with antique shops and local breweries along with many art and music festivals happening on any given weekend. The world famous Epiphany celebration takes place here in Tarpon Springs. Elementary/Middle and High Schools are very close by for convenience.We have 3 amazing beaches very close by along with Clearwater only 15 minutes away. Within 30 minutes of Tampa and St Pete Airports. The property is minutes away from the Pinellas trail where biking and walking will connect you to several other small downtown areas such as Palm Harbor and Dunedin. SIGNIFICANT PRICE ADJUSTMENT

Elementary School Middle School High School
Tarpon Springs Elementary-PN Elementary School Tarpon Springs Middle-PN Middle School Tarpon Springs High-PN High School
Price History
12/19/2025 Listed $2,600,000
1/22/2026 8$2,800,000

General Features

Sewer Public Sewer
Heating Central,Propane
Cooling Central Air
Utilities Cable Available,Electricity Available,Public,Sewer Available,Water Available
Roof Slate
Appliances Bar Fridge,Built-In Oven,Convection Oven,Cooktop,Dishwasher,Disposal,Dryer,Electric Water Heater,Exhaust Fan,Freezer,Gas Water Heater,Ice Maker,Microwave,Range,Range Hood,Refrigerator,Water Filtration System,Water Purifier,Water Softener,Whole House R.O. System,Wine Refrigerator
Garage Spaces 6
Patio/Porch Features Covered,Front Porch,Rear Porch
Pool Features Heated,In Ground,Infinity,Lap,Salt Water
Security Features Security Fencing/Lighting/Alarms,Security Gate,Security Lights
Construction Materials Block,Stucco,Wood Frame
Year Built 1999
View Water
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2023
Ownership Fee Simple
Waterfront Features Bayou,Gulf/Ocean,Intracoastal Waterway,River Front
Additional Parcels Description na
County Pinellas
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name SUNSET HILLS
Facing Direction North
Garage Y/N true
Other Structures Additional Single Family Home,Outdoor Kitchen,Storage
Total Rooms 14
Full Baths 6
Status Active
Directions US-19 ALT; turn west onto W. Orange St; keep straight onto N. Spring Blvd.; road name will change to Riverside Dr.
High School Tarpon Springs High-PN
City TARPON SPRINGS
Senior Community Y/N false
MLS Area 34689 - Tarpon Springs
Lot Size Units Acres
Lot Size Square Feet 98219
Carport Y/N false
Spa Features In Ground,Swim Spa
Elementary School Tarpon Springs Elementary-PN
Land Lease Y/N false
Tax Annual Amount 38050.48
Middle/Junior High School Tarpon Springs Middle-PN
Additional Parcels Y/N true
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8319572
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 4
Legal Description SUNSET HILLS BLK 1, LOTS 4 THRU 15 LESS THAT PART OF SD LOTS 4 & 15 DESC BEG NW COR OF SD LOT 4 TH CUR LT RAD 820FT 39.95FT TH S02D15'18"W TH E 3712.92FT TH N 853.61 217.73FT TH CUR RT RAD 740FT ARC 39.97FT CB N82D27'14"W 39.96FT TH N01D38'57"W 102.7 3FT TH N05D44'E 112.9FT TO POB & PORTION OF SUBMERGED LAND LYING N OF BAYSHORE DR OPPOSITE SD LOTS 5, 6 & 7 AS DESC IN TIIF DEEDS 20199 & 20114
Water View Bayou,Gulf/Ocean - Partial,Intracoastal Waterway,River
Water Access Type Bayou,Gulf/Ocean,River
Minimum Lease No Minimum
Water Access Y/N true
Additional Rooms Den/Library/Office
Water View Y/N true
Flood Zone Code X
In Law Suite YN false
Flood Zone Code X Yes
DockY/N true

Interior Features

Interior Amenities Crown Molding,Dry Bar,Dumbwaiter,Open Floorplan,Sauna,Stone Counters,Thermostat,Walk-In Closet(s),Wet Bar,Window Treatments
Basement Finished,Full
Flooring Carpet,Ceramic Tile,Laminate,Hardwood
Fireplace Features Gas,Wood Burning
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 2
Laundry Features Laundry Room
Total Bedrooms 8
LivingAreaSource Public Records
Total Baths 8

Exterior Features

Exterior Amenities Courtyard,Garden,Hurricane Shutters,Irrigation System,Lighting,Outdoor Grill,Outdoor Kitchen,Rain Gutters,Storage
Vegetation Trees/Landscaped
Parking Features Golf Cart Parking,Guest
Water Source Public
Lot Size Area 2.2548
Foundation Details Block,Crawlspace,Slab
Spa true
Building Area Total 11279
Lot Dimensions 124 x 237
Lot Size Acres 2.25
Road Surface Type Paved
Private Pool true
Waterfront Y/N true
Covered Spaces 6
Number of Lots 3

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 34689

Price
AVG $710K
$2.8M
Taxes
AVG $6,599
$38,050
Year Built
AVG 1984
1999