$850,000
SOLD MAY 30, 2025

5407 Pali Way Saint Pete Beach, FL 33706

3 Beds
2.5 Baths
1,877 Sq Ft
0.27 Acres

Recently Sold

$453 Per Sq Ft

53% Below List Price

138 Days on Market

Highlights

  • 210 Feet of Waterfront
  • White Water Ocean Views
  • In Ground Pool
  • Boca Ciega High School Rated A-
  • Access To Intracoastal Waterway
  • Sun or Florida Room

About This Home

As of May 2025

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!

Last Agent to Sell the Property

Melinda Persuitte

COMPASS FLORIDA LLC Brokerage Phone: 727-339-7902 License #3359586 Listed on: 12/20/2024

COMPASS FLORIDA LLC

Last Buyer's Agent

Al Bennati, Jr

RE/MAX METRO License #3304663

RE/MAX METRO

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 0.27 Acre Lot
  • 210 Feet of Waterfront
  • 105 Feet of Bay Harbor Waterfront
  • 105 Feet of Intracoastal Waterfront
  • Property fronts an intracoastal waterway
  • Southwest Facing Home

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • Intracoastal
  • Pool

Home Design

  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,877 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Living Room
  • Sun or Florida Room
  • Concrete Flooring
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Seawall
  • Dock made with Composite Material

Utilities

  • Central Heating and Cooling System

Community Details

  • Brightwater Beach Estates Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1877
  • Lot Size Acres: 0.27
  • New Construction: No
  • Year Built: 1953
  • Building Area Total: 2507
  • Lot Size Sq Ft: 12018
  • Directions to Property: 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.
  • Status: Sold
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Treasure Island
  • Escrow Postal Code: 33706
  • Escrow State: FL
  • Escrow Street Name: Gulf Blvd
  • Escrow Street Number: 9815
  • List Office Head Office Key Nume: 169647934
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 452.85
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Composite
  • MFR_DockYN: 1
  • Attribution Contact: 727-339-7902
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Concrete, Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Other
  • Appliances Included: None
  • Foundation Details: Other
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5407
  • Living Area Meters: 174.38
  • Room Count: 9

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Gunite, In Ground
  • Exterior Features: Other, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: BOCA CIEGA BAY
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Bay/Harbor,Intracoastal Waterway
  • Water Extras: Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 210
  • Water Frontage Feet Bay Harbor: 105
  • Water Frontage Feet ICW: 105

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 100.00
  • Total Monthly Fees: 8.33
  • Monthly HOA Amount: 8.33

Lot Info

  • Parcel Number: 06-32-16-11412-003-0110
  • Additional Parcels: No
  • Flood Zone Code: AE, VE
  • Homestead YN: 0
  • Lot Size Square Meters: 1117

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Check lease restrictions with City of St. Pete Beach

Tax Info

  • Tax Annual Amount: 30358
  • Tax Block: 003
  • Tax Book Number: 27/36
  • Tax Lot: 0110

Multi Family

  • Waterfront Features: Bay/Harbor, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2024
Closed on
May 29, 2025
Sold by
Linda L Burns Revocable Trust and Sue H Lambert Revocable Trust
Bought by
Alvin Anthony Bennati Jr Llc
Seller's Agent
Melinda Persuitte
COMPASS FLORIDA LLC
Buyer's Agent
Al Bennati, Jr
RE/MAX METRO
List Price
$1,795,000
Sold Price
$850,000
Premium/Discount to List
-$945,000
-52.65%
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8972.66%

Purchase Details

Closed on
Aug 9, 2022
Sold by
Linda L Burns Revocable Trust
Bought by
Lambert Sue H

Purchase Details

Closed on
Jul 28, 2017
Sold by
Burns Linda L
Bought by
Burns Linda L and The Linda L Burns Revocable Trust

Purchase Details

Closed on
Jan 7, 2014
Sold by
Burns Linda L and Lambert Sue H
Bought by
Burns Linda L and Lambert Sue H
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $850,000 Majesty Title Services
Deed $100 Farr Farr Emerich Hackett Carr
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 For Sale $1,400,000 +64.7% $746 / Sq Ft
05/30/2025 05/30/25 Sold $850,000 -32.0% $453 / Sq Ft
05/07/2025 05/07/25 Pending -- -- --
03/20/2025 03/20/25 Price Changed $1,250,000 -16.7% $666 / Sq Ft
02/08/2025 02/08/25 Price Changed $1,500,000 -16.4% $799 / Sq Ft
12/20/2024 12/20/24 For Sale $1,795,000 -- $956 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $26,395 $2,354,600 $2,174,229 $180,371
2023 $26,395 $1,666,053 $1,491,628 $174,425
2022 $25,310 $1,579,540 $1,442,517 $137,023
2021 $9,427 $591,849 $0 $0
2020 $9,375 $609,656 $0 $0
2019 $8,769 $567,855 $0 $0
2018 $7,907 $486,461 $0 $0
2017 $7,831 $475,080 $0 $0
2016 $8,418 $500,739 $0 $0
2015 $8,188 $477,393 $0 $0
2014 $4,638 $285,194 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: TB8313457

Stellar MLS

APN: 06-32-16-11412-003-0110