5408 PALI WAY ST PETE BEACH FL 33706 MLS #TB8495421

5408 PALI WAY
ST PETE BEACH, FL, 33706
$5,299,000
5 Beds
5.5 Baths
4,641 SqFt
0.29 Acres
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MLS #TB8495421 image #0
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.

Property Details

Price:
$5,299,000
MLS #:
TB8495421
Status:
Active
Beds:
5
Baths:
5.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
BRIGHTWATER BEACH ESTATES
Neighborhood:
33706passagrillebchstpetebchtreasureisl
Listed Date:
Apr 8, 2026
Finished Sq Ft:
4,641
Total Sq Ft:
9,271
Lot Size:
12,645 sqft / 0.29 acres (approx)
Year Built:
1994
CoastalWaterfrontPool33706 – Pass A Grille Bch/st Pete Bch/treasure Isl33706passagrillebchstpetebchtreasureislBrightwater Beach EstatesAzalea Elementary-pnAzalea Middle-pnBoca Ciega High-pnBoca Ciega BayWaterLease Restrictions Must Be Verified With City Of St Pete Beach.1 Month

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Schools

Elementary School:
Azalea Elementary-PN
Middle School:
Azalea Middle-PN
High School:
Boca Ciega High-PN

Interior

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
Bathrooms
5 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Brick/Stone, Engineered Hardwood
Heating
Central, Electric
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
Laundry Features
Common Area, Gas Dryer Hookup, Inside, Laundry Room, Upper Level
Levels
Three Or More

Exterior

Architectural Style
Coastal
Attached Garage YN
1
Construction Materials
HardiPlank Type, Wood Frame
Covered Spaces
5
Direction Faces
East
Exterior Features
Balcony, French Doors, Lighting, Sliding Doors, Sprinkler Metered
Fencing
Masonry, Vinyl
Garage Spaces
5
Lot Features
CoastalConstruction Control Line, Cul-De-Sac, Flood Insurance Required, FloodZone, City Lot
Open Parking YN
1
Parking Features
Driveway, Garage Door Opener, Garage Faces Side, Ground Level, Tandem
Patio And Porch Features
Covered, Deck, Front Porch, Patio, Rear Porch, Side Porch, Wrap Around
Roof
Metal, Shingle
View
Water
Waterfront Features
Bay/Harbor, Intracoastal Waterway
Window Features
Double Pane Windows, ENERGY STAR Qualified Windows, Insulated Windows, Shades, Storm Window(s), Window Treatments

Financial

Tax Year
2025
Taxes
$31,796

Map

Community

Subdivisions in ST PETE BEACH

Market Summary

Current real estate data for Single Family in ST PETE BEACH as of Apr 18, 2026
122
Single Family Listed
147
Avg DOM
763
Avg $ / SqFt
$1,787,978
Avg List Price

Property Summary

    Located in the BRIGHTWATER BEACH ESTATES subdivision, 5408 PALI WAY ST PETE BEACH FL is a Single Family for sale in ST PETE BEACH, FL, 33706. It is listed for $5,299,000 and features 5 beds, 6 baths, and has approximately 4,641 square feet of living space, and was originally constructed in 1994. The current price per square foot is $1,142. The average price per square foot for Single Family listings in ST PETE BEACH is $763. The average listing price for Single Family in ST PETE BEACH is $1,787,978.

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5408 PALI WAY
ST PETE BEACH, FL