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Street View
$1,499,000
Monthly Est:$7,461
-- Bed
- -- Bath
12,018sqft lot
5407 Pali Way, St Pete Beach, FL 33706
$1,499,000
$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 protected 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

Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
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
| Date | Event | Price |
|---|---|---|
10/16/2026 Source: | Listed for Sale | $1,499,000 +66.56% $0/sqft |
01/17/2026 Source: | Sold | $900,000 -30.77% $0/sqft |
11/11/2025 Source: | Price Decreased | $1,300,000 -7.14% $0/sqft |
07/01/2025 Source: | Listed for Sale | $1,400,000 +64.71% $0/sqft |
05/30/2025 Source: | Price Decreased | $850,000 -32.00% $0/sqft |
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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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