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5408 PALI WAY

House For Sale
$5,299,000

BTC: 82.79687500

ETH: 3,034.93699885

55 days
Waterfront
5 bds
5 ba
4,641 sqft

Overview

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.

Location

Florida • ST PETE BEACH • 33706 • House • For Sale • Waterfront

Details

Type:
Residential
Parking:
Driveway / Garage Door Opener / Garage Faces Side / Ground Level / Tandem
Year Built:
1994
Lot:
0.29 Acres
Heating:
Central / Electric
Price/sqft:
$1,142
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,035,000
$1.7M – $3.8M
Confidence Low
List vs. estimate
$3.3M above estimate
List $5,299,000 · +160.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,141
+64.1% vs. city median $695
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$31,796
2025
Pool
In Ground
View
Water
Waterfront
Bay/Harbor, Intracoastal Waterway
Garage
5 car garage
Furnished
Negotiable
All facts and features

  • Flooring

    • Brick/Stone

    • Engineered Hardwood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    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

    Other interior 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

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Bathrooms: 1

    • Full bathrooms: 5

  • Parking

    • Driveway

    • Garage Door Opener

    • Garage Faces Side

    • Ground Level

    • Tandem

    Property

    • Levels: Three Or More

    • Pool Private: Yes

    • Exterior Features: Balcony / French Doors / Lighting / Sliding Doors / Sprinkler Metered

    Lot

    • Lot: 0.29 Acres

    Other Property Information

    • Parcel Number: 063216114120030030

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Electricity Connected

    • Fiber Optics

    • Natural Gas Connected

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • Annual tax amount: $31,796

  • Source details

    • MLS ID: TB8495421

    Other facts

    • Construction Materials: HardiPlank Type / Wood Frame

    • Foundation Details: Slab

    • Laundry Features: Common Area / Gas Dryer Hookup / Inside / Laundry Room / Upper Level

    • Lot Features: CoastalConstruction Control Line / Cul-De-Sac / Flood Insurance Required / FloodZone / City Lot

    • Patio And Porch Features: Covered / Deck / Front Porch / Patio / Rear Porch / Side Porch / Wrap Around

    • Pool Features: In Ground / Other / Salt Water

    • Window Features: Double Pane Windows / ENERGY STAR Qualified Windows / Insulated Windows / Shades / Storm Window(s) / Window Treatments

    • Direction Faces: East

    • Architectural Style: Coastal

    • Waterfront: Yes

    • Water Body Name: BOCA CIEGA BAY

    • Garage Spaces: 5

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 4641

    • Water Source: Public

    • Lot Size Dimensions: 104 x 121

    • Subdivision Name: BRIGHTWATER BEACH ESTATES

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33706
541
median $699K
Active
Same city
ST PETE BEACH
270
median $662K
Active
Same type
House
78
median $1.6M
Active
Similar price
$3.7M – $6.9M
14
median $4.9M
Active

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: REALTY ONE GROUP SUNSHINE