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Property for sale at 5408 PALI WAY, ST PETE BEACH, FL, 33706
Property for sale at 5408 PALI WAY, ST PETE BEACH, FL, 33706
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5408 Pali WaySt Pete Beach, FL, 33706

5beds
6baths
4,641sqft
Single Family Residence
Built in 1994
$4,995,000
For sale
$5,299,000−$304,000 (6%)Reduced Aug 27, 2026
Price per sqft
$1,076
Days on market
196
Listed
Apr 9
MLS #TB8495421Updated Sep 3, 2026

About this property

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.

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Property details

Property type
Single Family Residence
Street address
5408 Pali Way
City
St Pete Beach
State
FL
ZIP code
33706
Year built
1994
New construction
No
Faces
East
Rooms
10
Building stories
3
Living area
4,641 sqft
Total building area
9,271 sqft
Levels
Three Or More

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at October 20, 2026 at 8:01 AM EDT

Price & sale history

Asking price reduced by $304,000 (5.7%) since first listed.

EventPrice
Price reducedMLS #TB8495421$4,995,000Change: −5.7%−$304,000
Listed for saleMLS #TB8495421$5,299,000
History may be incomplete.
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Location

Property for sale at 5408 PALI WAY, ST PETE BEACH, FL, 33706
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