3540 42ND STREET S, #F, St. Petersburg, FL, 33711 | $239,900

Discover this immaculate, turn-key ready condo in the highly sought-after gated community of Bermuda Bay. This beautifully updated second-floor unit offers 1, 100 square feet of elegant living space, featuring two spacious bedrooms, two full bathrooms, and a seamless blend of modern comfort and timeless style. Step inside and be captivated by the neutral color palette and contemporary wood-plank laminate flooring that flows throughout the home. Fully furnished with brand-new furniture in 2023, this residence is designed for effortless living and immediate enjoyment. The open-concept layout is enhanced by abundant natural light, creating a warm and inviting ambiance throughout.
The kitchen is a chef’s dream, showcasing sleek stainless steel appliances, a new refrigerator (2025), stunning granite countertops, a custom tile backsplash, and upgraded lighting fixtures that add a touch of sophistication. The adjacent dining and living areas provide ample space for entertaining or unwinding in style. Retreat to the spacious bedrooms, each offering large walk-in closets and a tranquil atmosphere for relaxation. The primary suite boasts an en-suite bath, while the secondary bedroom is equally inviting with it's own private access full bath. Freshly painted interiors, updated ceiling fans, and thoughtful design details make this condo truly stand out. Additional upgrades include a new HVAC system installed in 2023 with ultra-violet lighting for enhanced air quality, all-new energy-efficient windows with hurricane fabric shutters, a new glass sliding door, and newly constructed front and rear balconies. A pipe sensor system has been added for peace of mind, ensuring the utmost in modern convenience and security. This exceptional condo also presents a fantastic investment opportunity with a strong rental income history. Whether you’re seeking a primary residence, a vacation retreat, or an income-generating property, this home delivers unparalleled value. Bermuda Bay is a vibrant community offering an array of resort-style amenities, including a sparkling pool, a clubhouse, a park, private fishing pier, racquetball and tennis courts, and a private beach with stunning water front views. Located just minutes from Florida’s top-rated Gulf beaches, fine dining, shopping destinations, and with easy access to Tampa Bay, this location is simply unbeatable. Don’t miss your chance to own this exceptional condo in one of Florida’s most desirable coastal communities.

Features

  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 2
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside
  • Complex: BERMUDA BAY BEACH CONDO
  • Year Built: 1974
  • Approx Sq. Feet: 1,100
  • Acreage: 18.9
  • Est. Taxes: $4,489
  • Condo Fee: $906 Monthly
  • Elem. School: Gulfport Elementary-PN
  • Middle School: Azalea Middle-PN
  • High School: Lakewood High-PN
  • Pet Policy: Yes
  • Appliances: Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: TB8368261
  • Days on Market: 33 days
  • Website: https://www.raveis.com
    /prop/TB8368261/354042ndstreets_stpetersburg_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/19/2025 10:04:04 AM)
Listing courtesy of KELLER WILLIAMS ST PETE REALTY   Phone: 727-894-1600

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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3540 42ND STREET S, #F, St. Petersburg, FL, 33711

$239,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $191,920 $191,920 $191,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.083% 7.063% 6.152%
Monthly Tax Payment $374 $374 $374
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,213 $1,261 $1,607
Total Monthly Payment $1,662 $1,710 $2,056

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.