David Ramirez
$5,420,069$6,000,0005 bd5.5 ba5,213 sqft$1,040 /sqft$34,486 /mo all-in ↓

5405 LEILANI DRIVE, ST PETE BEACH, FL, 33706

Active285 days on marketListed Oct 13, 2025MLS #TB8418141

Reduced $580KWaterfrontPrivate poolSingle Family ResidenceBRIGHTWATER BEACH ESTATES

About this home

5405 LEILANI DRIVE

UNIQUE ST. PETE BEACH ELEGANT CUSTOM QUALITY FRENCH STYLE ESTATE, RARE FOR SPB. offering 5 bedrooms, 5.5 baths, and unparalleled craftsmanship throughout. HIGH AND DRY !! Built by a premier custom builder, this residence showcases a dramatic stone facade, expansive open floor plan, and gated private entry creating an estate of distinction. 2025 NEWLY INSTALLED AC UNITS (5 YEAR WARRANTY ATTACHED), NEWLY INSTALLED PRIVATE GATE, NEWLY INSTALLED GARAGE DOOR LOGIC BOARDS.  Step inside to SOARING CEILINGS, exposed hardwood beams, 12" crown molding, 8" baseboards, and finely crafted details that elevate every space. A dramatic entry opens into a BREATHTAKING FOYER with recessed hardwood ceiling and chandelier, leading to both a formal dining room, office space and casual expansive family living space. The GOURMET CHEF'S KITCHEN is a rare true show piece, featuring a LARGE GRANITE CENTER ISLAND with beveled trim, CUSTOME WOOD CABINETRY, soft -close drawers, viking and genAir appliances, culinary center island prep sink, and a LARGE WALK-IN PANTRY. Enjoy the adjacent intimate dining nook with absolutely gorgeous water views. If a formal dining experience is required, retreat to the castle-like formal dining room which will accommodate a large 8-10 comfortable seating arrangement. This Dining room is adjacent to the gourmet kitchen and provides for easy serving but adequate distance. Central living area boasts a double facing indoor-out gas fireplace, dramatic 8' plantation shutters adorn the large hurricane windows that brightly light the living space. Notice the double hardwood french doors that provide access to the incredible balcony and exquisite water views. Our custom textured walls throughout, and arched passageways add architectural elegance throughout this house. Follow these to our double hardwood staircases with iron and wood railings to the second floor. This custom home comes with the space and preparation for the addition of an elevator. The first floor primary suite retreat is complete with dual walk-in closets, spa inspired bathroom, steam room, and a private covered balcony with hardwood ceiling and sweeping water views.  Additional guest/maid/in-law quarters, offer private entry, kitchen, and separate controlled AC on its second floor residency. Outdoor living is equally extraordinary, with lush landscaping, a large saltwater pool and spa. Drive through your private controlled gate to your expansive motor court, additional side resident parking. Enjoy your vine covered stone facade and NEW LUSH LANDSCAPING unique to St. Pete beach. Your private gated back yard is accessed either through hurricane rated French doors or a side vinyl gate. You are immediately engulfed in luxurious new mature landscaping, travertine and grass paver deck surrounding your Pebletec heated saltwater pool and spa. Expansive Dock w/ 20K boat lift, deep water. TWO second floor balconies. . Easy access to Boca Ciega bay and the gulf of America. World class beaches are moments away, This estate offers easy access to many amenities from, yacht clubs, fine dining, shopping, minutes from Tampa International and Clearwater airports, downtown Saint Petersburg, St. Pete beach, museums, theaters, hotels, multiple hospitals, private airport, cigar bars, comedy clubs. The true elegance and custom workmanship of this highly maintained custom home has to be seen to be appreciated. BRAND NEW CUSTOM DECORATIVE GARAGE FLOOR SURFACES THROUGHOUT.

Facts & features

The home at a glance

5

Bedrooms

5.5

Bathrooms

5,213

Sqft

0.29 ac

Lot size

3

Garage

2012

Year built

Two

Levels

$1,040

Per sqft

Private poolWaterfrontFireplaceWater viewPets allowed

Inside

FlooringBrick/Stone · Hardwood
AppliancesBar Fridge · Built-In Oven · Cooktop · Dishwasher · Disposal · Dryer · Exhaust Fan · Ice Maker · Microwave · Range · Range Hood · Refrigerator · Tankless Water Heater · Washer · Wine Refrigerator
InteriorBuilt-in Features · Cathedral Ceiling(s) · Ceiling Fan(s) · Coffered Ceiling(s) · Crown Molding · Eating Space In Kitchen · High Ceilings · Kitchen/Family Room Combo · Living Room/Dining Room Combo · Open Floorplan · Primary Bedroom Main Floor · Smart Home · Solid Surface Counters · Solid Wood Cabinets · Stone Counters · Thermostat · Tray Ceiling(s) · Walk-In Closet(s) · Window Treatments
LaundryElectric Dryer Hookup · Inside · Laundry Room
CoolingCentral Air · Mini-Split Unit(s)
HeatingCentral · Heat Pump · Zoned

Outside & construction

RoofMetal · Shingle
ConstructionBlock · Stone
FoundationSlab
ViewWater
FacesWest
ParkingElectric Vehicle Charging Station(s) · Garage Door Opener · Golf Cart Garage · Golf Cart Parking · Ground Level · Guest · On Street · Oversized · Parking Pad · RV Garage · RV Parking · Split Garage
ExteriorBalcony · French Doors · Irrigation System · Lighting · Rain Gutters

Community & fees

Taxes (2024)$36,566/yr
PetsYes

Utilities & systems

UtilitiesCable Available · Electricity Available · Electricity Connected · Public · Sewer Connected · Sprinkler Recycled · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$34,486 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$29,246
PMI (est., until 20% equity)$2,033
Property tax — 2024 actual bill$3,047
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $542,007Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $542,007
Interest rate6.00%
Loan term

Estimated payment

$34,486/mo

Principal & interest$29,246
PMI (est., until 20% equity)$2,033
Property taxes (actual bill)$3,047
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs St Pete Beach actives

$1,040 vs $491

Days on market

285 vs 85 typical

Where $1,040/sqft sits among the 189 St Pete Beach actives

65
44
37
17
9
17 · this home
$278–422$422–567$567–712$712–856$856–1001$1001+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Brightwater

Map of 5405 LEILANI DRIVE inside its neighborhood boundary

Drive times from this address

Downtown Tampa40 min
Tampa Int’l Airport (TPA)40 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know St Pete Beach. See the full St Pete Beach guide →

Brightwater — neighborhood snapshot

Population

283

Median age

64

Median income

$124,083

Median home value

$1,041,300

Avg household

2

Households w/ children

7%

For the school run

Pinellas County School District

HighBoca Ciega High School★★★★★
ElementaryAzalea Elementary School★★★★
MiddleAzalea Middle School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The St Pete Beach market

Seller’s marketLeans buyer8.8 months of inventoryBuyer’s market

$679K$589K

St Pete Beach median sold, yr/yr

93.3%

Sale-to-list ratio (12 mo)

95 of 189

St Pete Beach actives have cut their price

Median sold price, St Pete Beach, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 1104% above the ST PETE BEACH 33706 median. See the full St Pete Beach market guide →

Paper trail

This home's history

CurrentPrice reduced to $5,420,069 $580K
Oct 13, 2025Listed at $6,000,000 · 285 days on market since
2012Built · BRIGHTWATER BEACH ESTATES

Reality check

What actually sold near 5405 LEILANI DRIVE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

5403 ALOHA DRIVESold · Oct ’25

$1,200,000

5403 ALOHA DRIVE · same community

3 bd · 2.5 ba · 1,947 sqft · $616/sqft · 7 DOM

5407 PALI WAYSold · Jan ’26

$900,000

5407 PALI WAY · same community

3 bd · 2.5 ba · 1,877 sqft · $479/sqft · 170 DOM

6015 KIPPS COLONY DRIVE ESold · Aug ’25

$2,850,000

6015 KIPPS COLONY DRIVE E

5 bd · 4.5 ba · 4,676 sqft · $609/sqft · 175 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 5405 LEILANI DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 5405 LEILANI DRIVE — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

Goes straight to David’s phone and CRM.

Straight answers

5405 LEILANI DRIVE FAQs

What would the monthly payment be for 5405 LEILANI DRIVE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $34,486/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 5405 LEILANI DRIVE?+

The most recent tax bill on record (2024) was $36,566. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 5405 LEILANI DRIVE?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in St Pete Beach?+

At $5,420,069, this home is listed about 805% above the St Pete Beach median of $599,000. The market section on this page shows how the area is trending.

Which schools are assigned to 5405 LEILANI DRIVE?+

Boca Ciega High School (high), Azalea Elementary School (elementary), Azalea Middle School (middle) — Pinellas County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$5,420,069 runs 1104% above the ST PETE BEACH 33706 median — but at 5,213 sqft it's also nearly 4 times the size of the typical St Pete Beach listing.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

285 days on market against a St Pete Beach median of 85 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

Boca Ciega High School, Azalea Elementary School, Azalea Middle School — Azalea Elementary School rates 4 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $6,000,000, now $5,420,069 — a $580K cut. The full history is in the market section below.

Listing courtesy of GLOBAL LIFESTYLE LLC · Richard Fallon. MLS #TB8418141.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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