For sale Home

Listed Aug 11, 2026

$454,000 Est. $3,003/mo

27 Michiana Drive

  • 2

    Beds

  • 1

    Baths

  • 838

    Sq ft

The story

  • Pool
  • Waterfront

Maximize your lifestyle and ROI at 27 Michiana Drive. This turnkey waterfront gem in Terra Ceia is primed for high-performing short-term rental yields or full time, simple island living! This 2-bedroom, 1-bathroom retreat features a bright, open floorplan that seamlessly connects the living space to a sleek, fully renovated kitchen with stainless steel appliances and modern finishes. While the interior is sophisticated and move-in ready, the outdoor space is the true showstopper. The backyard is a private oasis designed for relaxation, centered around a sparkling saltwater pool and framed by low-maintenance paved grounds. An expansive backyard deck offers the ultimate setting for coastal entertaining, all while the boat dock provides direct canal access to Tampa Bay, Intracoastal Waterway, and the Gulf of Mexico. Whether you are looking for a lucrative addition to your portfolio or a serene primary residence, this property delivers high-end functionality and undeniable waterfront appeal. Terra Ceia Village Improvement Association offers an optional membership for just $250 per year to enjoy the private Seabreeze waterfront park, 300 ft fishing dock, private boat ramp, playground, pickleball courts, and recreation hall. Just minutes from St Pete, a short commute to Tampa or Sarasota, and award winning beaches; Terra Ceia Island is a premier coastal neighborhood.

Facts & features

Home type

Home

Year built

1950

Floors

1

Price per sq ft

$542

Included features

  • Pool

    Yes

  • Cooling

    Central Air

  • Heating

    Electric, Heat Pump

  • Appliances

    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

  • Flooring

    Tile

  • Roof

    Shingle

  • Lot Information

    CoastalConstruction Control Line, Flood Insurance Required, Private

  • Exterior

    Private Yard

  • Water Source

    Public

  • Sewer

    Septic Tank

  • View

    Water

Mortgage calculator

Estimated monthly payment

$3,003 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $2,416
  • Property tax $454
  • Insurance $132

Includes principal, interest, taxes & insurance.

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Listing Broker

COMPASS FLORIDA LLC

Broker Name

COMPASS FLORIDA LLC

Agent

Stephanie Leitao, LLC