Price Reduction - Waterfront
Address
5408 Pali Way, ST PETE BEACH, FL
Price
$ 4,995,000
Property Attributes
- MLS#TB8495421
- TypeSingle Family
- Listing Status Active
- CountyPinellas
- CityST PETE BEACH
- AreaPass a Grille Bch/St Pete Bch/Treasure Isl
- NeighborhoodBRIGHTWATER BEACH ESTATES
- Zip33706
- StyleCoastal
- Year Built1994
- Taxes$ 31796
- Price$ 4,995,000
- Bedrooms5
- Full Bathrooms5
- Half Bathrooms1
- Sqr Footage4641
- Lot Size0.29 Acres
Data Source:
Stellar MLS
Property Description
Welcome to paradise in this custom coastal modern masterpiece, where refined elegance meets effortless waterfront living. This exceptional residence offers five spacious bedrooms, a private office, and five-and-a-half luxurious baths, all thoughtfully designed beneath soaring custom ceilings with striking exposed trusses and timeless shiplap accents throughout the home. Appointed with engineered hardwood flooring, quartz countertops, and top-tier upgraded appliances, 6 burner Wolf gas stovetop, Sub-Zero refrigerator with custom door cover panels and a Sub-Zero wine cooler, with 2 refrigerator drawers, a 2 drawer Fisher & Paykel dishwasher, this gourmet kitchen is complemented with a 5 seat island bar with a formal dining space for twelve guests, and a well-appointed butler’s pantry. The open-concept floor plan showcases the home sits at a perfect angle for the breathtaking views of Boca Ciega Bay’s shimmering deep waters, seamlessly blending indoor and outdoor living. Step outside to your private tropical retreat, featuring a beautiful salt water pool with an additional 4 seats and a sun shelf (new pool tiles 2024) a separate large spa, and inviting fireplace—perfect for entertaining or relaxing in style. The home has an elevator for easy in and out access. The water filtration system is for the Entire home and is even plumbed for the outside hose bibs for spotless car and boat washes. Additional highlights include a five-car garage with 2 tandem parking spaces and ample storage opportunities, a new roof (2022), renovations completed in 2023/2024, and a new 121' seawall (2024). Ideally situated in one of St. Pete Beach’s most coveted locations, this extraordinary property presents a rare opportunity to own a fully realized modern coastal dream. Furnishings are available for purchase. Please look at the interactive floor plan under Virtual Tour 1, it gives great directional views.
| Elementary School | Middle School | High School |
|---|---|---|
| Azalea Elementary-PN Elementary School | Azalea Middle-PN Middle School | Boca Ciega High-PN High School |
| Price History | |
|---|---|
| 4/9/2026 | Listed $5,299,000 |
| 8/27/2026 | 6$4,995,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central,Electric |
| Cooling | Central Air |
| Utilities | Cable Connected,Electricity Connected,Fiber Optics,Natural Gas Connected,Sewer Connected,Street Lights,Water Connected |
| Roof | Metal,Shingle |
| Appliances | Built-In Oven,Dishwasher,Disposal,Dryer,Exhaust Fan,Ice Maker,Microwave,Range Hood,Refrigerator,Tankless Water Heater,Washer,Water Filtration System,Water Softener,Wine Refrigerator |
| Garage Spaces | 5 |
| Patio/Porch Features | Covered,Deck,Front Porch,Patio,Rear Porch,Side Porch,Wrap Around |
| Architectural Style | Coastal |
| Pool Features | In Ground,Other,Salt Water |
| Construction Materials | HardiPlank Type,Wood Frame |
| Year Built | 1994 |
| View | Water |
| Levels | Three Or More |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Waterfront Features | Bay/Harbor,Intracoastal Waterway |
| County | Pinellas |
| New Construction | false |
| Property Type | Residential |
| Attached Garage | true |
| Subdivision Name | BRIGHTWATER BEACH ESTATES |
| Facing Direction | East |
| Garage Y/N | true |
| Total Rooms | 10 |
| Full Baths | 5 |
| Status | Active |
| Directions | From Gulf Blvd turn east on 55th Ave, right on Pali Way. 3rd house on the right. |
| High School | Boca Ciega High-PN |
| City | ST PETE BEACH |
| Body of Water | BOCA CIEGA BAY |
| Senior Community Y/N | false |
| MLS Area | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 12645 |
| Carport Y/N | false |
| Listing Terms | Cash,Conventional |
| Elementary School | Azalea Elementary-PN |
| Land Lease Y/N | false |
| Tax Annual Amount | 31796.42 |
| Middle/Junior High School | Azalea Middle-PN |
| Additional Parcels Y/N | false |
| Lease Considered Y/N | true |
| Virtual Tour | https://unbranded.visithome.ai/bjD6azj2fNpFR7MLs5LfZu?mu=ft |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Owner |
| Tax Lot | 3 |
| Legal Description | BRIGHTWATER BEACH ESTATES BLK 3, LOT 3 & RIPARIAN RIGHTS |
| Water View | Bay/Harbor - Full,Intracoastal Waterway |
| Water Access Type | Bay/Harbor,Intracoastal Waterway |
| Minimum Lease | 1 Month |
| Water Access Y/N | true |
| Additional Rooms | Den/Library/Office,Family Room,Great Room,Inside Utility |
| Water View Y/N | true |
| Flood Zone Code | AE |
| In Law Suite YN | false |
| DockY/N | true |
Interior Features
| Interior Amenities | Cathedral Ceiling(s),Ceiling Fan(s),Crown Molding,Eating Space In Kitchen,Elevator,High Ceilings,Kitchen/Family Room Combo,Living Room/Dining Room Combo,Open Floorplan,PrimaryBedroom Upstairs,Solid Surface Counters,Solid Wood Cabinets,Thermostat,Vaulted Ceiling(s),Walk-In Closet(s),Wet Bar,Window Treatments |
|---|---|
| Flooring | Brick/Stone,Engineered Hardwood |
| Furnished Y/N | Negotiable |
| Total Stories | 3 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Double Pane Windows,ENERGY STAR Qualified Windows,Insulated Windows,Shades,Storm Window(s),Window Treatments |
| Fireplace Y/N | false |
| Half Baths | 1 |
| Laundry Features | Common Area,Gas Dryer Hookup,Inside,Laundry Room,Upper Level |
| Total Bedrooms | 5 |
| LivingAreaSource | Appraiser |
| Total Baths | 6 |
Exterior Features
| Exterior Amenities | Balcony,French Doors,Lighting,Sliding Doors,Sprinkler Metered |
|---|---|
| Fencing | Masonry,Vinyl |
| Parking Features | Driveway,Garage Door Opener,Garage Faces Side,Ground Level,Tandem |
| Lot Features | CoastalConstruction Control Line,Cul-De-Sac,Flood Insurance Required,FloodZone,City Lot |
| Water Source | Public |
| Lot Size Area | 12645 |
| Foundation Details | Slab |
| Spa | true |
| Building Area Total | 9271 |
| Lot Dimensions | 104 x 121 |
| Lot Size Acres | 0.29 |
| Road Surface Type | Paved,Asphalt |
| Private Pool | true |
| Waterfront Y/N | true |
| Covered Spaces | 5 |
| Road Frontage Type | Street Paved |
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 33706
Price
Taxes
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.
Updated on September 10, 2026 8:21 PM UTC
