About This Home

This 2-bedroom, 1-bathroom single family at 27 MICHIANA Drive in Terra Ceia, FL is listed for $454,000 ($542 per sqft). Built in 1950, the home offers 838 sqft of living space on a 0.12 acres lot.

Key Features

  • Built in 1950
  • 0.12 acre lot
  • Private pool
  • Waterfront

Property Details

1 story
1 full
1950

Amenities

PoolWaterfrontViewA/C
Listing Description

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.

Monthly Cost Estimate

$2,428/mo

20% down · 6.5% · 30 years

Principal$328
Interest$1,967
Insurance$132

Estimates only. Actual payments may vary.

Location

27 MICHIANA Drive

Terra Ceia, FL 34250

TERRA CEIA

Features & Amenities

Interior Features

Living Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorSolid Surface CountersSplit BedroomWindow Treatments

Exterior Features

Private Yard

Property Details

Flooring

Tile

Construction

Block Stucco

Views

Water

Pool Features

Pool

Outdoor Features

PatioDeckPorch

Parking

Golf CartGuestDrivewayOn Street

Heating

Heat Pump (Heating)Electric (Heating)

Cooling

Central Air

Appliances

DishwasherDryerMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 2-bedroom, 1-bathroom single family at 27 MICHIANA Drive is listed at $454,000 ($542/sqft). The estimated monthly payment is $2,428 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.12 acre lot, Private pool, Waterfront. Interior Features: Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor. Exterior Features: Private Yard.

This property is listed by Stephanie Leitao, LLC.

SL

Stephanie Leitao, LLC

Agent at Compass

Listed by Compass · Broker phone: (305) 851-2820 · View on Broker Site · Broker website

MLS# A4708410· Source: Stellar MLS· 81 days on PropertySimple

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

27 MICHIANA Drive, Terra Ceia, FL 34250

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