#TB8340921, Mike Wheaton, Listing Office: COASTAL PROPERTIES GROUP
5820 Balao Way S St Pete Beach, FL 33706
Property details
About 5820 Balao Way S
MOVE IN READY, fully remodeled home and outdoor living paradise in St Pete Beach! Enjoy the remarkable views and waterfront living from this boater's paradise home in SPB. The upgrades in this home are endless! The 900+ sq ft newer dock with its 4 watercraft lifts (30k, 10k boat lifts and twin ski lift) and remodeled pool with 22'x24' authentic tiki hut provide an outdoor oasis unmatched in the area. The travertine pavers and the adjacent pool bar seamlessly invite you to enjoy the outdoor lifestyle the way it is meant to be enjoyed here in beautiful St Pete Beach. The open water views are incredible as you watch the dolphins play and the boats cruise by. Sweeping glass fills the home with light creates magnificent views from every single room in this upscale home! And if that is not enough, enjoy 360 degree views of the Gulf, Boca Ciega Bay and even downtown St Petersburg from the 20'x20' roof deck - the highest residential observation deck in all of SPB! The entry on the second floor opens to an 18' tall foyer into the main level where you will find a chef's kitchen and a HUGE family room to entertain at the bar or simply relax and enjoy the views...or watch your 98" TV. The open floating staircase takes you up to the bedroom level where the master bedroom suite and two guest rooms are located. Water views from all! Pass through the sitting area between these rooms and walk up the custom cherry wood staircase to the top floor where you will find yet another bedroom and incredible views of the bay and pool area below. A truly unique and stunning view of the entire area. If you'd like, take the newly install (2023) elevator back downstairs. This home simply needs to be seen to believe it actually exists! New metal roof in 2025, new top of the line AC/Dehumidifier system in 2025, enjoy music everywhere inside and out with the amazing Sonos system. Automatic shades on all windows and powered sunshades on the huge porch off of the main level provide privacy if you dare to close off the beauty of the water outside. New soffits, gutters and fascia in 2025, new pool equipment with automation in 2024 for the fully renovated swimming pool. All new hurricane rated windows and doors throughout. New seawall in 2019. Three wet bars - two inside and one poolside. Video surveillance system. Sprinkler system. Four fireplaces - two wood burning and two gas. Water softener and tankless water heater. Professional landscape lighting throughout the yards. Oversized driveway. New privacy fence. Maintenance free landscape design with turf.
Highlights
Virtual tour
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Appliances: Bar Fridge, Convection Oven, Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Washer, Wine Cooler
- Flooring Type: Ceramic Tile
- Interior: Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, Elevator, Solid Surface Counters, Walk-In Closet(s), Wet Bar, Window Treatments
- Fireplace: Family Room, Living Room
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: Yes
- Parking: Garage Door Opener, Garage Faces Side, Ground Level
- Waterfront: Intracoastal Waterway
- View: Water
- Exterior: Balcony, Outdoor Grill, Outdoor Kitchen, Private Mailbox
- Architectural Style: Key West
- Heating: Central
- Cooling: Central Air
- List Price: $3,500,000
- Price/SqFt: $1,003
- Annual Tax Amount: $19,923
- Tax Year: 2023
- Directions: Turn on 59th Ave go down to Balao Way and turn right house is at then end of cul-de-sac.
- Year Built: 1980
- Stories: 4
- Living Area: 3,489 SqFt
- Lot Size: 0.18 Acres
- MLS Number: TB8379874
- MLS Name: MFRMLS
- Office Name: COLDWELL BANKER REALTY
- Office Phone: (727) 381-2345
- Listing Agent: Ron Thompson
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Last updated on: 4/30/2025, 11:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,500,000
5820 Balao Way S
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Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 10, 2019 | Home Sold | $1,475,000 |
Jul 27, 2011 | Home Sold | $1,000,000 |
Apr 19, 1999 | Home Sold | $565,000 |
Apr 25, 1997 | Home Sold | $435,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $1,295,270 | $19,923 |
2022 | $1,257,544 | $19,541 |
2021 | $1,191,744 | $19,541 |
2020 | $1,175,290 | $19,485 |
2019 | $951,864 | $16,548 |
2018 | $906,048 | $15,891 |
2017 | $900,409 | $16,033 |
History based on county public records data.
Nearby schools
9
Gulf Beaches Elementary Magnet School
Public Magnet KG-5
1.5 mi
•8600 Boca Ciega Dr
4
Gulfport Elementary
Public Magnet KG-5
2.3 mi
•2014 52nd St S
9
Pasadena Fundamental Elementary School
Public Magnet KG-5
2.4 mi
•95 72nd St N
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $63,583. Residents of St Pete Beach, FL typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 5820 Balao Way S
The listing price of 5820 Balao Way S property is $3,500,000.
The property 5820 Balao Way S is a house located in St Pete Beach, Florida, 33706.
Active Listing: 5820 Balao Way S is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5820 Balao Way S are: Gulf Beaches Elementary Magnet School (GreatSchools Rating 9/10), Gulfport Elementary (GreatSchools Rating 4/10), Pasadena Fundamental Elementary School (GreatSchools Rating 9/10), Thurgood Marshall Fundamental (GreatSchools Rating 7/10), Tyrone Middle School (GreatSchools Rating 6/10), Azalea Middle School (GreatSchools Rating 2/10), Boca Ciega High School (GreatSchools Rating 3/10), Disston Academy (GreatSchools Rating 1/10), St. Petersburg Collegiate High School (GreatSchools Rating 10/10).
According to the records, the last property tax for 2023 is $19,923 (source: MLS/based on county public records data).
The last sale was on April 10, 2019 for $1,475,000 (source: MLS/tax record).
The property at 5820 Balao Way S has 4 bedrooms and 4 full and 1 half bathrooms.
The property 5820 Balao Way S is 3,489 SqFt (source: MLS/tax record).
The year of construction for 5820 Balao Way S is 1980.
This home is located at 5820 Balao Way S in St Pete Beach, FL and zip code 33706 in the Bahia Shores neighborhood. This 3,489 square foot home, which was built in 1980, sits on a 0.18 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 29, 2025 and is currently priced at $3,500,000.
Over 0 listings were sold over their listed price in March 2025 in St Pete Beach, FL. In the same period over 24 listings were sold below the listed price and 2 listings were sold for the listed price. The number of listings in St Pete Beach, FL increased by 13.8% between February and March 2025. In March 2025, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $800,000.