For Sale
Land for sale at 5407 Pali Way, St Pete Beach, FL 33706 | MLS# TB8558559 | Listing updated on 2026-10-16
Photo 1 of Land for sale at 5407 Pali Way, St Pete Beach, FL 33706 | MLS# TB8558559 | Listing updated on 2026-10-16
Photo 2 of Land for sale at 5407 Pali Way, St Pete Beach, FL 33706 | MLS# TB8558559 | Listing updated on 2026-10-16
Photo 3 of Land for sale at 5407 Pali Way, St Pete Beach, FL 33706 | MLS# TB8558559 | Listing updated on 2026-10-16
Photo 4 of Land for sale at 5407 Pali Way, St Pete Beach, FL 33706 | MLS# TB8558559 | Listing updated on 2026-10-16
6+
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Street View

$1,499,000

Monthly Est:$7,461

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon12,018sqft lot

5407 Pali Way, St Pete Beach, FL 33706

$7,461/moEst:

Get Pre-Approved

  • Land

  • Built in -

  • $-- HOA

  • 12,018 sqft lot

  • $125/sq.ft

Description

Virtually Staged. RARE WATERFRONT HOMESITE | BRIGHTWATER BEACH ESTATES | ST. PETE BEACH
5407 Pali Way | St. Pete Beach, Florida
An extraordinary opportunity to build your dream waterfront estate in Brightwater Beach Estates, one of St. Pete Beach's premier waterfront communities! This exclusive enclave of approximately 100 homes, all waterfront, offers an exceptional coastal lifestyle in one of the area's most desirable neighborhoods.
Situated on a protected waterfront homesite with breathtaking, wide-open water views, this approximately 12,018-square-foot property provides the perfect setting for a magnificent custom luxury residence. Enjoy the tranquility of protecte
d waters, spectacular waterfront vistas, and the ultimate Florida boating lifestyle.
THE BEST OF BOTH WORLDS — BEACH AND BAY! Just across Gulf Boulevard, enjoy convenient access to the sugar-white sands and sparkling Gulf waters of St. Pete Beach. Spend your mornings strolling along the beach, afternoons boating from your waterfront paradise, and evenings enjoying spectacular coastal sunsets. Here, you truly have the best of beach and bay living, offering coastal living at its finest!
A TREMENDOUS HEAD START ON BUILDING YOUR DREAM HOME! The seller has completed a Phase I ground study and has a complete set of professionally prepared architectural building plans ready to move into the permitting phase. These valuable plans and studies may convey with an acceptable offer, potentially saving considerable time and expense in the design and planning process.
Adding even greater value, an existing swimming pool is already in place, and the seller has obtained a quote of approximately $50,000 to remodel and incorporate the pool into the new home design, subject to necessary approvals. This presents a wonderful opportunity to create a spectacular waterfront outdoor living space while utilizing an existing improvement.
Ideally located near exceptional dining, shopping, entertainment, and vibrant downtown St. Petersburg, Brightwater Beach Estates combines exclusive waterfront living with convenient access to everything the Tampa Bay area has to offer.
Protected waterfront. Wide-open water views. Beach access across Gulf Boulevard. Existing swimming pool. Completed Phase I ground study. Architect-designed plans ready for permitting.
Rarely does an opportunity arise to create your own custom waterfront masterpiece in such an exceptional location, where the beauty of the beach meets the luxury of waterfront living.

  • Houzeo last checked: 3 hours ago
  • Listing updated: October 16, 2026 at 8:12 pm
  • Listing Provided by: Donna Miller (727) 520-2737 , Jim DiMartino | COLDWELL BANKER REALTY (727) 360-6927
  • Source: Stellar MLS-FL as distributed by MLS GRID | MLS#: TB8558559 Stellar MLS-FL as distributed by MLS GRID

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    Pinellas County

  • City

    St Pete Beach

  • Neighborhood

    --

  • Year Built

    -

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    12,018 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Stellar MLS

  • MLS Number

    TB8558559

  • MLS Status

    Active

  • Days on Market

    18

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Sewer

    Public Sewer

Utilities & Energy

  • Utilities

    Public, Sewer Connected, Water Connected

  • Water Source

    Public

Other Features

  • Subdivision Name

    Brightwater Beach Estates

Price History

DateEventPrice

10/16/2026

Source: mls_logoStellar MLS-FL as distributed by MLS GRID #MFRTB8558559

Listed for Sale

$1,499,000 +66.56%

$0/sqft

01/17/2026

Source: mls_logoStellar MLS-FL as distributed by MLS GRID #MFRTB8406980

Sold

$900,000 -30.77%

$0/sqft

11/11/2025

Source: mls_logoStellar MLS-FL #MFRTB8398412

Price Decreased

$1,300,000 -7.14%

$0/sqft

07/01/2025

Source: mls_logoStellar MLS-FL #MFRTB8398412

Listed for Sale

$1,400,000 +64.71%

$0/sqft

05/30/2025

Source: mls_logoStellar MLS-FL as distributed by MLS GRID #MFRTB8313457

Price Decreased

$850,000 -32.00%

$0/sqft

Show more

Nearby Homes

Based on information from Stellar MLS® through Nov 04, 2026, 12:45PM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Stellar MLS. All Rights Reserved.

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