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5123 W NEPTUNE WAY

House For Sale
$6,350,000

BTC: 81.60380389

ETH: 2,645.83333333

1 days
Waterfront
5 bds
4 ba
4,420 sqft

Overview

Pre-Construction. To be built. 12,640 square foot waterfront LOT/LAND CAN BE PURCHASED SEPARATELY – MLS # TB8337278 To be built by award-winning Windstar Homes, the Rosewood is an exceptional two-story residence created for sophisticated waterfront living and the ultimate Florida lifestyle. Its striking architectural presence showcases a crisp white stucco exterior, contemporary metal roof, expansive windows, classic shutters, decorative coastal railings, and an inviting covered entry. A graceful paver driveway leads to the three-car side-load garage, while lush tropical landscaping and stately palms frame the home in natural beauty. O??ering more than 4,400 square feet of conditioned living space and over 6,600 total square feet, this thoughtfully designed residence features five bedrooms, four-and-a-half baths, and an impressive collection of indoor and outdoor living spaces. At the heart of the home is an expansive, chef-inspired kitchen featuring Sub-Zero and Wolf appliances. The main kitchen flows into a convenient prep—or “dirty” kitchen, which connects directly to the outdoor kitchen, creating a seamless layout for entertaining, catered gatherings, and everyday living. Located on the first floor for easy access and enhanced privacy, the spacious primary suite o??ers a serene personal sanctuary featuring a luxurious en-suite bath with large soaking tub and separate dual walk-in closets. Additional gathering spaces include a welcoming family room, dining room, VIP suite, all thoughtfully placed for next level living. Designed to embrace its waterfront setting, the outdoor space features generous, covered living areas, a fully equipped outdoor kitchen, and a resort-style swimming pool and spa surrounded by lush tropical landscaping. Walls of glass invite natural light into the home and create a beautiful connection between the interiors, pool terrace, and water beyond. From its distinctive coastal architecture and thoughtfully planned interiors to its tropical surroundings and enviable waterfront lifestyle, the Rosewood delivers an exceptional expression of luxury, comfort, and timeless Florida living.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
2026
Lot:
0.29 Acres
Heating:
Central
Price/sqft:
$1,437
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,760,000
$655K – $3.7M
Confidence Low
List vs. estimate
$4.6M above estimate
List $6,350,000 · +260.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,436
+388.3% vs. city median $294
Based on
16 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$11,785
2025
Pool
In Ground
View
Water
Waterfront
Canal - Saltwater
Garage
3 car garage
All facts and features
  • Flooring

    • Hardwood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Convection Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Microwave

    • Range

    • Range Hood

    • Refrigerator

    Other interior features

    • Crown Molding

    • High Ceilings

    • Open Floorplan

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Full bathrooms: 4

  • Property

    • Levels: Two

    • Pool Private: Yes

    • Exterior Features: Irrigation System / Lighting

    Lot

    • Lot: 0.29 Acres

    Other Property Information

    • Parcel Number: A2029183LB00000100003.0

    • Zoning: RS-75

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Available

    • Phone Available

    • Public

    • Water Available

  • Other financial information

    • Annual tax amount: $11,786

  • Source details

    • MLS ID: TB8540666

    Other facts

    • Construction Materials: Block

    • Foundation Details: Block

    • Fireplace Features: Living Room

    • Laundry Features: Laundry Room

    • Lot Features: Cleared

    • Patio And Porch Features: Covered

    • Pool Features: In Ground

    • Window Features: Storm Window(s)

    • Direction Faces: East

    • Architectural Style: Coastal

    • Waterfront: Yes

    • Fireplace: Yes

    • Garage Spaces: 3

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 4420

    • Water Source: Public

    • Lot Size Dimensions: 80 x 158

    • Subdivision Name: BAYSHORE ESTATES

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BHHS FLORIDA PROPERTIES GROUP