18
Map
$1,299,000
●
House -
For Sale
5412 PALI WAY
ST PETE BEACH, FL 33706
3 Beds
2 Baths
2,224 Ft²
$6,773
Est. Monthly
About This Property
Prime waterfront lot in St Pete Beach. 142 feet of direct
Waterfront with deep sailboat water. Discover an exceptional
opportunity to acquire a waterfront lot in one of the most
sought-after neighborhoods of Saint Pete Beach. This property
offers the perfect canvas for your dream home, complete with ample
space for your catamaran or other large vessels right at your
doorstep. Have stunning views wherever you look. The property has
been carefully remediated following Hurricane Helene and is being
sold "as-is," allowing you to personalize your vision from the
ground up. Nestled close to the world renowned St Pete Beach with
its sugary white sand and just a short distance to Pinellas Bayway
gives you easy access to I275. You'll enjoy vibrant local dining
and shopping and a wealth of recreational activities. This
unbeatable location not only offers a serene waterfront lifestyle
but also the potential for significant investment growth. Don't
miss your chance to own a slice of paradise in Saint Pete Beach.
Contact us today for more information or to schedule a viewing!
Unit Size
2,224 Ft²
Days on Market
66 days
Land Size
0.30 acres
Price per sqft
$584
Property Type
House
Property Taxes
$395
HOA Dues
-
Year Built
1956
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (Stellar MLS #TB8531266)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 22, 2026 | Listed by SMITH & ASSOCIATES REAL ESTATE | $1,299,000 | |
| Listed by SMITH & ASSOCIATES REAL ESTATE | |||
| May 31, 2025 | Price Decreased |
$1,399,000
↓ $201K
(12.6%) | |
| Price Decreased | |||
| Jan 9, 2025 | Price Decreased |
$1,599,999
↓ $350K
(18%) | |
| Price Decreased | |||
| Nov 27, 2024 | Price Decreased |
$1,950,000
↓ $250K
(11.4%) | |
| Price Decreased | |||
| Nov 6, 2024 | Listed by CENTURY 21 JIM WHITE & ASSOC | $2,200,000 | |
| Listed by CENTURY 21 JIM WHITE & ASSOC | |||
   | |||
|
*Incredible Waterfront Opportunity in Prime Saint Pete Beach** Discover an exceptional opportunity to acquire a waterfront lots in one of the most sought-after neighborhoods of Saint Pete Beach. Spanning a total of 142 feet of direct water frontage**, this property offers the perfect canvas for your dream home, complete with ample space for your catamaran or other large vessels right at your doorstep. The property has been carefully remediated following Hurricane Helene and is being sold "as-is," allowing you to personalize your vision from the ground up. Nestled close to the Pinellas Bayway, you'll enjoy easy access to stunning beaches, vibrant local dining, and a wealth of recreational activities. This unbeatable location not only offers a serene waterfront lifestyle but also the potential for significant investment growth. Don’t miss your chance to own a slice of paradise in Saint Pete Beach. Contact us today for more information or to schedule a viewing!
| |||
Property Highlights
Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Open Floorplan
Appliances: None
Flooring Type: Concrete, Terrazzo
Laundry Features: In Garage
Rooms: 8
Exterior Details
Square Footage: 2224
Square Footage Source: $0
Architectural Style: Florida
Year Built: 1956
Waterfront Features: Intracoastal Waterway
Waterbody Name: BOCA CIEGA BAY
Building Area Total: 2922
Levels: One
Building Area Units: Square Feet
Construction Materials: Block, Stucco
Patio and Porch Features: Rear Porch
Lot Features: Corner Lot, City Lot, Landscaped, FloodZone
Lot Size Area: 12911
Lot Size Units: Square Feet
Lot Size Acres: 0.3
Lot Size Square Feet: 12911
Lot Size Dimensions: 115 x 121
Tax Lot: 0010
Water Source: Public
Financial Details
Tax Annual Amount: $4,736
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Brightwater
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Listed by: Helle Hartley
SMITH & ASSOCIATES REAL ESTATE
Last Updated: 2 months ago
Data Source: Stellar MLS, MLS# TB8531266
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
SMITH & ASSOCIATES REAL ESTATE
Last Updated: 2 months ago
Data Source: Stellar MLS, MLS# TB8531266
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017