# 5407 Pali Way, St Pete Beach, FL > This Land listing has . Schedule a showing for 5407 Pali Way in St Pete Beach, FL. - Price: $1,499,000 - Status: Active - Property Type: Land - MLS ID: TB8558559 - Photo: https://prd-pbgo-mls-photos.s3.amazonaws.com/mfr/properties/photos/TB8558559_343524f99ec57ced4d1f4f10c45307ac.jpg ## 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. ## Attribution Copyright 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. Information deemed reliable but is not guaranteed. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of My Florida Regional MLS DBA Stellar MLS. Real estate listings held by brokerage firms other than the owner of this page include the name of the listing broker. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This site will be monitored for 'scraping' and any use of search facilities of data on the site other than by a consumer looking to purchase real estate is prohibited. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on October 17, 2026 04:14 AM - ET Property last updated: October 17, 2026 04:14 AM - ET.