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$4,995,000

5408 PALI WAY
ST PETE BEACH, FL 33706
Listed by Beth Hannigan · REALTY ONE GROUP INNOVATION
Bedrooms
5
Bathrooms
5.5
Living area
4,641 sqft
Year built
1994

About this home

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.

Highlights

WaterfrontPrivate pool

Property details

MLS #
MFRTB8495421
Property type
Single Family Residence
Subdivision
BRIGHTWATER BEACH ESTATES
Status
Active
Days on market
148
On market date
April 8, 2026
Stories
N/A
Total bathrooms
5.5
Garage spaces
5
Parking spaces
N/A
Lot size
0.29 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
GULF BEACHES ELEMENTARY MAGNET SCHOOL
1.68 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
306
Student:teacher ratio
13.3:1
District
PINELLAS
Middle
THURGOOD MARSHALL FUNDAMENTAL
3.39 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
906
Student:teacher ratio
20.1:1
District
PINELLAS
High
BOCA CIEGA HIGH SCHOOL
2.67 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,469
Student:teacher ratio
18.6:1
District
PINELLAS

Walkability

Blended score for ST PETE BEACH's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

69
Walkable
out of 100
EPA National Walkability Index
13.0 / 20 -- Above average walkable
Google Places amenity density
75 / 100
Restaurants & cafes20
Grocery stores2
Parks4
Schools1
Transit stops20
Pharmacies1

Mortgage calculator

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Est. monthly payment
$30,230/mo
$999,000 down
$3,996,000 loan
Principal & interest$25,918
Property tax (est.)$4,163
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated September 3, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.