$3,500,000

5820 Balao Way S St Pete Beach, FL 33706

4 beds
4 full, 1 partial
3,489 sqft
0.2 acres
$1,003 / sqft
House

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

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size3,489 sqft
Lot size0.18 Acres
Year built1980
ParkingGarage Door Opener, Garage Faces Side, Ground Level
MLS #TB8379874
Attached garage2 spaces
WaterfrontIntracoastal Waterway
FireplaceFamily Room, Living Room
ViewWater
Private poolYes

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

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively 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. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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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exterior space with a water view

$3,500,000

5820 Balao Way S

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Price information

Property sales

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

20%
<35k
53%
35k-100k
22%
100k-200k
5%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

49%
Single, No Kids
3%
Single, with Kids
41%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
4%
12-17 yrs old
5%
18-34 yrs old
40%
35-64 yrs old
45%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • Minor League Baseball GamesMinor League Baseball Games
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Stein MartStein Mart
  • New York & CompanyNew York & Company
  • Sam's ClubSam's Club

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • Chick-fil-AChick-fil-A
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • LincolnLincoln

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • Talk/PersonalityTalk/Personality
  • ClassicalClassical
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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