5407 PALI WAY, ST PETE BEACH, FL 33706

$1,250,000 Was $1,500,000

Beds: 3

Baths: 2 Full / 1 Half

Sq. Ft.: 1,877 Sq. Ft.

Year Built: 1953

Lot Size: 0.27 Acres

Garage: 2

Pool: Yes

DOM: 138

Property Overview

Status: Closed

Property Type: Residential

MLS #: dd0d7395c795aafb1c323884364e8c91

Subdivision: BRIGHTWATER BEACH ESTATES

County: Pinellas

HOA Fee: $100 (Annually)

Year Built: 1953

Construction: Block, Stucco

Foundation: Other

Roof: Shingle

Cooling: Central Air

Heating: Central

Sewer: Public Sewer

Water Source: Public

Zoning: N/A

Tax Amount: $30,358.00 (2023)

Date Sold: May 30, 2025

Sold Price: $850,000

Listed On: Dec 12, 2024

Description

Uncover the unique charm of living in the prestigious Brightwater Beach Estates! This exceptional waterfront property offers 1,877 square feet of current living space on an expansive 12,018-square-foot lot, providing endless possibilities to craft your dream home. Nestled along the shimmering waters of Boca Ciega Bay, this residence offers breathtaking views right in your backyard and direct access to the water. Imagine stepping outside to enjoy boating, paddleboarding, or simply soaking in the serene beauty of the bay—all from your own private oasis in the Sunshine City. Located just a short walk or bike ride from the powdery white sands and crystal-clear waters of St. Pete Beach, this property immerses you in a true beachside paradise. Whether you’re starting your mornings with a peaceful sunrise over the bay or unwinding with an evening stroll along the beach, this location delivers the perfect blend of tranquility and adventure. Brightwater Beach Estates is a coveted neighborhood surrounded by multimillion-dollar estates, offering an upscale lifestyle that’s just a 20-minute drive from the vibrant energy of downtown St. Petersburg. From world-class dining and entertainment to art galleries and waterfront parks, everything the city has to offer is within easy reach. This is the perfect opportunity for cash buyers to secure a property in one of the most sought-after communities on Florida’s Gulf Coast. Whether you're envisioning a luxurious remodel or building the ultimate custom retreat, this property provides the perfect canvas to turn your vision into reality. Make this prime piece of paradise yours today!

Exterior Features

Other, Sliding Doors

Directions

Heading south on I-275, exit right onto Pinellas Bayway (State Road 682) and head west. Continue over the bridges toward St. Pete Beach. Turn right onto Gulf Blvd and continue for about 1.5 miles then turn right on 55th avenue. Turn right onto Pali Way, and 5407 will be on your left.

School Information

Elementary: N/A

Middle: N/A

High: N/A

Location

Get Directions View on Google Maps

Mortgage Estimator

*Estimate includes Principal & Interest (P&I) only. It does not include taxes, insurance, HOA fees, or PMI. Rates and payments may vary. Consult a lender for accurate figures.

Listing Information

Provided Courtesy of:

COMPASS FLORIDA LLC

Listing Agent: Melinda Persuitte

Information is deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: March 3, 2026, 10:57 am UTC

MLS Source: Stellar MLS Copyright © 2026

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