5840 Balao Way S, St Pete Beach, FL, 33706

Under contract-accepting backup offers. Discover this impressive waterfront residence in St. Pete Beach--designed by architect Richard A. Kimbrough, this custom-built three-story home offers 2,506 sq. ft. of well-planned living space and 100 feet of direct Boca Ciega Bay frontage. The private pool is framed by a large paver patio, and the recently updated dock features sailboat-depth water, a concrete seawall, and a freshwater supply—perfect for boaters seeking quick access to open waterways. Overlooking the pool area is a spacious 370 sq. ft. covered veranda on the second floor that provides a comfortable spot to enjoy the bayfront atmosphere, while the third-floor open porch offers a higher vantage point overlooking the water, complete with a spiral staircase for easy access to the pool and lower levels. As you step inside you are greeted by three stories of glass and fluted wood-details. Take the spacious private elevator from the ground floor to the main living level or proceed up the stairs to the main living level. The open-concept design of the second floor showcases the sweeping waterfront views from the living and dining areas, complete with a wood-burning fireplace, wood floors, and generously-sized impact sliding doors. The living area flows seamlessly into the chef’s kitchen that includes solid wood cabinetry, stone countertops, a breakfast bar, substantial storage, and high-end appliances. Step out to the covered veranda to start your morning or unwind at sunset with the natural beauty of Boca Ciega Bay. Proceed to the third floor using either the private elevator or the light-filled stairway. This floor includes the primary suite with its ensuite bath, along with two guest bedrooms and a full bathroom. All three bedrooms feature impact sliding doors that open to the upper-level porch, providing incredible natural light and endless-elevated views of the water. Additional highlights include a NEW ROOF scheduled for February 2026, two newer zoned AC units, impact windows or hurricane shutters, a security system, and a split two-car garage. The ground level—previously affected by water intrusion and since remediated—includes a full bathroom and a flexible room that the buyer can remodel and customize to meet their needs. Situated on a low-traffic street within the sought-after Bahia Shores community, this home offers both privacy and convenience. You’re just minutes from the renowned beaches of St. Pete Beach, Treasure Island, John’s Pass, Pass-a-Grille, as well as exceptional dining, museums, and coastal attractions. Experience the best of Florida waterfront living—schedule your private showing today.