5408 PALI WAY, ST PETE BEACH, FL 33706
What's special
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.
- 140 days |
- 1,396 |
- 79 |
Originating MLS: Orlando RegionalTravel times
Family Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Bonnie Strickland 727-432-6982,
REALTY ONE GROUP INNOVATION 561-501-0055,
De Bowles 480-809-2900,
REALTY ONE GROUP INNOVATION
Originating MLS: Orlando Regional
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Rooms
- Room types: Den/Library/Office, Family Room, Great Room, Utility Room
Primary bedroom
- Features: En Suite Bathroom, No Closet
- Level: Third
- Area: 286.96 Square Feet
- Dimensions: 13.6x21.1
Primary bathroom
- Features: Split Vanities, Tub with Separate Shower Stall, Water Closet/Priv Toilet, Walk-In Closet(s)
- Level: Third
- Area: 309.58 Square Feet
- Dimensions: 19.11x16.2
Bathroom 2
- Features: En Suite Bathroom, Walk-In Closet(s)
- Level: Second
- Area: 316.22 Square Feet
- Dimensions: 19.4x16.3
Bathroom 3
- Features: En Suite Bathroom, Walk-In Closet(s)
- Level: Second
- Area: 253.3 Square Feet
- Dimensions: 14.9x17
Bathroom 4
- Features: En Suite Bathroom, Walk-In Closet(s)
- Level: Third
- Area: 257.77 Square Feet
- Dimensions: 14.9x17.3
Bathroom 5
- Features: En Suite Bathroom
- Level: Third
- Area: 396.72 Square Feet
- Dimensions: 11.4x34.8
Dining room
- Features: Wet Bar
- Level: Second
- Area: 348.16 Square Feet
- Dimensions: 12.8x27.2
Kitchen
- Features: Pantry
- Level: Second
- Area: 284.76 Square Feet
- Dimensions: 11.3x25.2
Living room
- Level: Second
- Area: 518.98 Square Feet
- Dimensions: 19.08x27.2
Office
- Features: No Closet
- Level: Second
- Area: 117.28 Square Feet
- Dimensions: 11.6x10.11
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Oven, Dishwasher, Disposal, Dryer, Exhaust Fan, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer, Water Filtration System, Water Softener, Wine Refrigerator
- Laundry: Common Area, Gas Dryer Hookup, Inside, Laundry Room, Upper Level
Features
- 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
- Flooring: Brick/Stone, Engineered Hardwood
- Doors: French Doors, Sliding Doors
- Windows: Window Treatments
- Has fireplace: No
Interior area
- Total structure area: 9,271
- Total interior livable area: 4,641 sqft
Video & virtual tour
Property
Parking
- Total spaces: 5
- Parking features: Driveway, Garage Door Opener, Garage Faces Side, Ground Level, Tandem
- Attached garage spaces: 5
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Covered, Deck, Front Porch, Patio, Rear Porch, Side Porch, Wrap Around
- Exterior features: Balcony, Lighting, Sprinkler Metered
- Has private pool: Yes
- Pool features: In Ground, Other, Salt Water
- Has spa: Yes
- Fencing: Masonry,Vinyl
- 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, Intracoastal Waterway, Bay/Harbor Access, Intracoastal Waterway Access, Lift
- Body of water: BOCA CIEGA BAY
Lot
- Size: 0.29 Acres
- Dimensions: 104 x 121
- Features: CoastalConstruction Control Line, Cul-De-Sac, Flood Insurance Required, FloodZone, City Lot
Details
- Parcel number: 063216114120030030
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Coastal
- Property subtype: Single Family Residence
Materials
- HardiPlank Type, Wood Frame
- Foundation: Slab
- Roof: Metal,Shingle
Condition
- New construction: No
- Year built: 1994
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Fiber Optics, Natural Gas Connected, Sewer Connected, Street Lights, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: BRIGHTWATER BEACH ESTATES
HOA
- Has HOA: No
Location
- Region: St Pete Beach
Financial & listing details
- Price per square foot: $1,142/sqft
- Tax assessed value: $3,154,471
- Annual tax amount: $31,796
- Date on market: 4/8/2026
- Cumulative days on market: 141 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2026 | Listed for sale | $5,299,000+320.6%$1,142/sqft |
Source:  Stellar MLS #TB8495421 Report a problem | ||
| 3/10/2016 | Listing removed | $6,500$1/sqft |
Source: REDEFY REAL ESTATE #T2803416 Report a problem | ||
| 2/21/2016 | Listed for rent | $6,500$1/sqft |
Source: REDEFY REAL ESTATE #T2803416 Report a problem | ||
| 9/11/2007 | Sold | $1,260,000$271/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $31,796 +5.7% | $2,037,696 +2.9% |
| 2024 | $30,094 +20.5% | $1,980,268 +22.5% |
| 2023 | $24,974 +1.9% | $1,616,301 +3% |
| 2022 | $24,499 -2.2% | $1,569,224 +3% |
| 2021 | $25,048 +4.7% | $1,523,518 +10.1% |
| 2020 | $23,932 +7.2% | $1,384,058 +10% |
| 2019 | $22,332 | $1,258,235 +10% |
| 2018 | $22,332 +11.6% | $1,143,850 +2.4% |
| 2017 | $20,019 +13.7% | $1,117,074 +14.9% |
| 2016 | $17,601 +0.7% | $972,070 +2.1% |
| 2015 | $17,471 +10.5% | $951,739 +12.1% |
| 2014 | $15,813 +3.6% | $849,049 +3.3% |
| 2013 | $15,270 +4.8% | $822,266 +7.7% |
| 2012 | $14,566 | $763,606 +0.5% |
| 2011 | -- | $759,731 -9.4% |
| 2010 | -- | $838,782 -5.2% |
| 2009 | -- | $884,806 -7.1% |
| 2008 | $16,686 | $952,700 -0.5% |
| 2007 | -- | $957,200 +11% |
| 2005 | -- | $862,400 +18.7% |
| 2004 | $14,223 +2.1% | $726,600 +2.8% |
| 2003 | $13,932 +50.4% | $707,000 +17.5% |
| 2002 | $9,261 | $601,800 +29.2% |
| 2001 | $9,261 +5.3% | $465,800 +4.7% |
| 2000 | $8,799 | $444,700 |
Find assessor info on the county website
Monthly payment
Estimated market value
$4,713,500
$4.48M - $4.95M
$8,422/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.