Active
$4,995,000
Est. $31,198/mo

5408 Pali Way, St Pete Beach, FL, 33706

$1,076/sqft·Brightwater Beach Estates

5 bd6 ba4,641 sqft5 car garageSingle Family
Listed by REALTY ONE GROUP INNOVATION· Last updated · MLS# TB8495421

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Est. monthly payment
$31,198/mo
Down payment (20%)
$999,000
Property taxes
$2,650/mo
Rate assumed
6.8% · 30 yr
View full breakdown

At a glance

Single family
3 stories · 1994
Waterfront
Bay/Harbor
Private pool
In Ground
5 car garage
Driveway
0.29 acres
Lot size

About this home

Cathedral Ceiling(s)Ceiling Fans(s)Crown MoldingEat-in KitchenElevatorHigh CeilingsKitchen/Family Room ComboLiving Room/Dining Room Combo

5408 Pali Way is a 1994-built home in Brightwater Beach Estates, St Pete Beach. Inside you'll find 5 bedrooms, 6 bathrooms, and 4,641 square feet of living space. Listed at $4,995,000 (about $1,076/sqft), 148 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

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.

The essentials

Built
1994
Price / sqft
$1,076
On market
156 days
Annual tax
$31,796
Flood zone
AE
Lot
12,645 sqft
Type
Single Family Residence

Location

5408 Pali Way
St Pete Beach, FL, 33706·33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Type
Single Family Residence
Year Built
1994
Lot
12,645 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
Driveway, Garage Door Opener, Garage Faces Side, Ground Level, Tandem
Pool
In Ground, Other, Salt Water
Waterfront
Bay/Harbor, Intracoastal Waterway
Days on Market
156
Cathedral Ceiling(s)
Ceiling Fans(s)
Crown Molding
Eat-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
Balcony
Lighting
Sprinkler Metered
Street Lights
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

Elementary

Azalea Elementary-PN

Middle

Azalea Middle-PN

High

Boca Ciega High-PN

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on fileFlood Zone AE

Annual Tax (2025)

$31,796

Parcel #

06-32-16-11412-003-0030

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Brightwater Beach Estates

County

Pinellas

MLS Area

33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl

Lot Size

12,645 sqft

CoastalConstruction Control LineCul-De-SacFlood Insurance RequiredFloodZoneCity LimitsPaved
Date
Event
Price
8/27/2026
Price change
Source: Stellar MLS #TB8495421
$4,995,000-5.7%
$1,076/sqft
4/8/2026
Listed for sale
Source: Stellar MLS #TB8495421
$5,299,000+1158.7%
$1,142/sqft
3/1/2011
Sold
Source: Pinellas County Public Record
$421,000
$91/sqft
Est. monthly payment$31,198/mo
Principal & interest$26,051
Property taxes$2,650
Insurance$2,498
Down payment20% · $999,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $4,995,000
$4.81M – $5.00M
96.3% – 100% of listTops out right at the list price
80% of listList price
61 of the last 118 home closings in 33706 landed at this number or higher (52%). The median one sat 67 days before it went under contract, and this one is on day 156 after a $304,000 cut.

Sample: 118 closed home sales in 33706 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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