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The First Crescent Homes Renovation Offering | One-Story Waterfront | Beach Park . 5129 West Neptune Way represents a rare and important offering within the Crescent Homes portfolio"”the first full-scale Crescent Homes renovation to come to market, and a unique opportunity to own a single-story waterfront estate in Beach Park rebuilt entirely from the foundation in 2022. Situated on 100 feet of protected saltwater canal frontage, this contemporary residence combines the character of an established waterfront property with the structural integrity, engineering, and design standards typically reserved for Crescent Homes' $7M+ custom builds. This was not a cosmetic remodel. The home was fully reconstructed from the foundation, with systems, structure, and finishes rebuilt to current building standards. The result is a residence that lives like new construction while maintaining the scale and privacy of a mature Beach Park waterfront property. The 4,325-square-foot single-level floor plan delivers a rare living experience in South Tampa"”offering four private bedroom suites with ensuite baths, a dedicated office, expansive living and dining spaces, and seamless transitions to the outdoor waterfront entertaining areas. At the heart of the home, a chef-level kitchen features Gaggenau appliances, gas range, espresso station, custom cabinetry, and a dry bar with integrated beverage refrigeration, designed for both daily living and large-scale entertaining. Technology and infrastructure rival those of newly built luxury homes. The residence is equipped with a full Control4 automation system, Lutron lighting, automated Palladiom shades, whole-home audio, and advanced security, allowing seamless control of lighting, climate, music, and outdoor features from anywhere. Energy efficiency and resilience were equally prioritized. The home includes owned solar panels, a Generac whole-home generator, three HVAC systems across six climate zones, whole-home filtration with reverse osmosis systems, and hurricane-rated impact windows throughout. The waterfront experience is equally impressive. A new seawall installed in 2022, over 1,100 square feet of covered dock space, and two boat lifts (10,000-lb and 15,000-lb) make this an ideal property for serious boaters with quick access to Tampa Bay. Outdoor living was designed as a natural extension of the interior, featuring a saltwater pool and spa with in-floor cleaning system, Lynx outdoor kitchen, gas fire pit at the dock, automated mosquito system, outdoor shower, and fully turfed grounds for low-maintenance waterfront living. Importantly, this property has never flooded, offering peace of mind alongside its waterfront lifestyle. Located within the coveted Grady, Coleman, and Plant High School district, and minutes from Bayshore Boulevard, Tampa International Airport, Midtown, and Downtown Tampa, the property delivers both privacy and accessibility. Single-story waterfront homes of this caliber in Beach Park are exceptionally rare. A Crescent Homes renovation executed to this standard is rarer still. Built for You. Built to Last. Schedule your private showing today.
| DAYS ON MARKET | 158 | LAST UPDATED | 2/14/2026 |
|---|---|---|---|
| TRACT | BEACH PARK | YEAR BUILT | 2002 |
| COMMUNITY | 33609 - Tampa / Palma Ceia | GARAGE SPACES | 2.0 |
| COUNTY | Hillsborough | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Grady-HB |
|---|---|
| Jr. High School | Coleman-HB |
| High School | Plant-HB |
| PRICE HISTORY | |
| Prior to Dec 29, '25 | $6,499,000 |
|---|---|
| Dec 29, '25 - Feb 14, '26 | $5,850,000 |
| Feb 14, '26 - Today | $4,995,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Zoned |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Water Softener |
| AREA | 33609 - Tampa / Palma Ceia |
| CONSTRUCTION | Block, Stucco |
| EXTERIOR | Dock, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower |
| GARAGE | Yes |
| HEAT | Central, Zoned |
| INTERIOR | Built-in Features, Dry Bar, Eat-in Kitchen, High Ceilings, Smart Home, Vaulted Ceiling(s), Walk-In Closet(s) |
| LOT | 0.35 acre(s) |
| LOT DESCRIPTION | Level, Paved, Waterfront |
| LOT DIMENSIONS | 100x153 |
| PARKING | Driveway, Garage Door Opener, Off Street, On Street, Oversized, Workshop in Garage, Attached |
| POOL | Yes |
| POOL DESCRIPTION | Gunite, Heated, In Ground, Salt Water, Solar Heat, Private |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Contemporary, Custom, Mid-Century Modern |
| SUBDIVISION | BEACH PARK |
| TAXES | 52217.14 |
| UTILITIES | Cable Available, Natural Gas Available, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Canal, Water |
| WATER | Public |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Canal Front |
MORTGAGE CALCULATOR
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Listing provided by Dominic Brescia, Jr, COMPASS FLORIDA LLC, (305) 851-2820
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 3/13/26 2:37 AM PDT.
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