This extraordinary waterfront estate in highly desirable Brightwater Beach Estates, offering nearly 5,938 square feet of luxurious living space and 221 feet of waterfront with spectacular views of Boca Ciega Bay and the Intracoastal Waterway. Designed for gracious entertaining and comfortable everyday living, this impressive residence features 4 bedrooms, 4 full baths, 1 half bath, a private office, elevator and desirable main-floor living. The interior showcases Brazilian cherry hardwood floors, new flooring, tile, tray and coffered ceilings, custom wood cabinetry, LED lighting, updated designer lighting and plantation shutters. The beautifully appointed kitchen features new appliances, including a Sub-Zero refrigerator and Thermador double ovens, along with natural gas, generous cabinetry, a large island, breakfast bar and walk-in pantry. The oversized main-floor primary suite is a true retreat, featuring his-and-hers walk-in closets, a fireplace, a spa-inspired bath with dual vanities, hydro-massage tub and separate shower, plus a private exit to the balcony where wide-open water views create a stunning backdrop from morning to sunset. Step outside to an exceptional resort-style waterfront setting featuring a heated saltwater infinity pool, Jacuzzi, covered outdoor kitchen and grill area, composite decking, private boat slip and boat lift. With direct access to Boca Ciega Bay and the Intracoastal, this property is ideally suited for the ultimate Florida boating lifestyle. Additional features include an oversized attached 4-car garage, full-house generator, solid block construction, foam-sprayed insulated attic, hurricane-impact windows and doors, zoned air conditioning, natural gas, irrigation and owned solar panels. The home experienced no interior flooding, adding another important distinction to this exceptional waterfront property. One of the truly special advantages of Brightwater Beach Estates is its private beach easement on Gulf Boulevard just across the street, giving residents the best of both worlds — direct bayfront living and convenient Gulf beach access. Enjoy boating from your own backyard, then head across to the Gulf for white-sand beaches and unforgettable sunsets. Located in a prime St. Pete Beach setting just minutes from dining, shopping and marinas, 5400 Pali Way offers the rare combination of beach and bay, substantial waterfront, luxury amenities, boating access and true main-floor living in one of St. Pete Beach's most desirable neighborhoods.
For sale
$7,000,000
5400 PALI WAY, ST PETE BEACH, FL 33706
4beds
5,938sqft
Single Family Residence
Built in 2004
0.32 Acres Lot
$6,319,500 Zestimate®
$1,179/sqft
$-- HOA
What's special
Waterfront estateLarge islandComposite deckingPrivate officeBreakfast barHeated saltwater infinity poolNew appliances
- 54 days
- 1,037
- 90
Zillow last checked:
Listing updated:
Listed by:
Donna Miller 727-520-2737,
COLDWELL BANKER REALTY 727-360-6927,
Jim DiMartino 727-480-5567,
COLDWELL BANKER REALTY
Source: Stellar MLS,MLS#: TB8541449
Originating MLS: Suncoast Tampa

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Rooms
- Room types: Attic, Great Room, Utility Room
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 814 Square Feet
- Dimensions: 22x37
Primary bathroom
- Features: Bath w Spa/Hydro Massage Tub, Dual Sinks, Garden Bath, Tub with Separate Shower Stall
- Level: First
Great room
- Level: First
- Area: 672 Square Feet
- Dimensions: 24x28
Kitchen
- Features: Breakfast Bar, Kitchen Island, Pantry
- Level: First
- Area: 576 Square Feet
- Dimensions: 16x36
Heating
- Central, Electric, Natural Gas
Cooling
- Central Air, Ductless, Zoned
Appliances
- Included: Oven, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Trash Compactor, Washer
- Laundry: Laundry Room
Features
- Crown Molding, Dry Bar, Eating Space In Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
- Flooring: Ceramic Tile, Marble, Hardwood
- Doors: Outdoor Kitchen, Sliding Doors
- Windows: Window Treatments, Hurricane Shutters
- Has fireplace: Yes
- Fireplace features: Family Room, Gas, Living Room, Other Room, Master Bedroom
Interior area
- Total structure area: 8,823
- Total interior livable area: 5,938 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Garage Door Opener, Oversized
- Attached garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Patio, Porch
- Exterior features: Irrigation System, Lighting, Outdoor Kitchen, Rain Gutters
- Has private pool: Yes
- Pool features: Gunite, Heated, In Ground, Indoor, Infinity, Lighting, Salt Water, Self Cleaning, Tile
- Has spa: Yes
- Spa features: Heated
- Fencing: Fenced
- Has view: Yes
- View description: Water, Bay/Harbor - Full, Intracoastal Waterway
- Has water view: Yes
- Water view: Water,Bay/Harbor - Full,Intracoastal Waterway
- Waterfront features: Bay/Harbor, Canal - Saltwater, Intracoastal Waterway, Bay/Harbor Access, Saltwater Canal Access, Intracoastal Waterway Access, Lift, Sailboat Water, Seawall
- Body of water: BOCA CIEGA BAY
Lot
- Size: 0.32 Acres
- Dimensions: 137.0 x 103.0
Details
- Additional structures: Outdoor Kitchen
- Parcel number: 063216114120030070
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, ICFs (Insulated Concrete Forms)
- Foundation: Crawlspace, Slab
- Roof: Tile
Condition
- New construction: No
- Year built: 2004
Utilities & green energy
- Electric: Photovoltaics Seller Owned
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, Public, Solar, Sprinkler Recycled, Water Connected
Green energy
- Energy generation: Solar
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: BRIGHTWATER BEACH ESTS
HOA
- Has HOA: No
Location
- Region: St Pete Beach
Financial & listing details
- Price per square foot: $1,179/sqft
- Tax assessed value: $5,469,112
- Annual tax amount: $49,000
- Date on market: 8/22/2026
- Cumulative days on market: 54 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$6,319,500
$6.00M - $6.64M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2026 | Listed for sale | $7,000,000+79.5%$1,179/sqft |
Source: | ||
| 12/5/2012 | Listing removed | $3,899,000$657/sqft |
Source: Baird Realty Group #U7545453 Report a problem | ||
| 10/2/2012 | Listed for sale | $3,899,000+34.4%$657/sqft |
Source: Baird Realty Group #U7545453 Report a problem | ||
| 7/31/2012 | Sold | $2,900,000-25.6%$488/sqft |
Source: Agent Provided Report a problem | ||
| 4/24/2012 | Listed for sale | $3,899,000+246.6%$657/sqft |
Source: Baird Realty Group #U7545453 Report a problem | ||
| 7/14/2003 | Sold | $1,125,000$189/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $75,894 +6.1% | $4,330,446 +10% |
| 2024 | $71,533 +15.7% | $3,936,769 +10% |
| 2023 | $61,839 +10.4% | $3,578,881 +10% |
| 2022 | $56,037 +12.6% | $3,253,528 +10% |
| 2021 | $49,775 +6.9% | $2,957,753 +9.2% |
| 2020 | $46,563 +7.3% | $2,708,253 +10% |
| 2019 | $43,378 | $2,462,048 +10% |
| 2018 | $43,378 +11.2% | $2,238,225 +2.8% |
| 2017 | $39,018 +2.4% | $2,176,226 +3% |
| 2016 | $38,092 -7.3% | $2,112,570 -4.9% |
| 2015 | $41,090 +7.7% | $2,222,552 +8.2% |
| 2014 | $38,150 -2.4% | $2,054,830 -2.7% |
| 2013 | $39,085 +64.8% | $2,111,919 +64.3% |
| 2012 | $23,720 | $1,285,351 +3.2% |
| 2011 | -- | $1,245,573 -4.5% |
| 2010 | -- | $1,304,166 -7.6% |
| 2009 | -- | $1,411,305 -12.3% |
| 2008 | $27,518 | $1,609,600 -4.3% |
| 2007 | -- | $1,681,282 +5.6% |
| 2005 | -- | $1,592,500 +134.7% |
| 2004 | $13,283 -5.6% | $678,600 -4.9% |
| 2003 | $14,064 +58.2% | $713,700 +43.7% |
| 2002 | $8,891 | $496,700 +11.1% |
| 2001 | $8,891 +54.6% | $447,200 +19.5% |
| 2000 | $5,750 | $374,300 |
Find assessor info on the county website
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