$1,499,000

5407 PALI WAY, St Pete Beach, FL 33706

Land
Built in ——
0.27acre lot
—— car garage
$——/sqft
Listed 27 days ago

Property 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.

Listing Status:: Active
Date Added:: October 16, 2026
Data Last Updated:: November 12, 2026 at 6:20AM
Listing Office:: COLDWELL BANKER REALTY : 727-360-6927
Listing Agent:: Donna Miller : 727-520-2737
Contact:: 727-360-6927
MLS ID:: TB8558559

Road/Access: Asphalt
HOA Amenities: Annually
Originating MLS: Stellar MLS
County: Pinellas

Zoning: BRIGHTWATER BEACH ESTATES BLK 3LOT 11 & RIPARIAN RIGHTS06-32-16-11412-003-0110
View: PoolWater
Current Use: Residential

Utilities: PublicSewer ConnectedWater Connected
Water: Public
Sewer: Public Sewer

Source: Stellar MLS
Ownership: Fee Simple

This listing courtesy of Donna Miller , COLDWELL BANKER REALTY

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.