Under contract-accepting backup offers. There are homes you live in and homes that elevate the way you live. This breathtaking waterfront estate does just that! Welcome to an extraordinary waterfront estate in the prestigious, guard-gated community of Bayway Isles. As you step through the stunning leaded glass double doors, your eyes are immediately drawn to the breathtaking open-water views. Perfectly positioned on an expansive point lot with 135 feet of waterfront, this residence captures spectacular sunsets and embodies the best of Florida luxury living. Spanning 7,114 square feet of living space with an impressive 3800 SF of fabulous balconies to enjoy outdoor living, this 5-bedroom, 5.5-bath home was designed with timeless elegance, impeccable craftsmanship, and effortless indoor-outdoor flow. A private elevator servicing all levels immediately sets this residence apart, offering both convenience and luxury. The home has recently undergone substantial upgrades, including a brand new charcoal-colored metal roof with lifetime warranty, freshly painted exterior, and a fully updated kitchen with modern white cabinetry and top-of-the-line stainless steel appliances. The main living level features stunning marble flooring, a spacious great room with amazing water views, a custom wet bar, theater screen,a formal waterfront dining room and a convenient powder bath. Also on this level is a generous guest suite with en-suite bath, a walk-in pantry, and a fabulous office with built-ins. The top floor is dedicated to four bedroom suites arranged in a split plan, providing the generous primary suite its own private wing. The primary retreat showcases expansive water views, plantation shutters, a spacious custom walk-in closet with center island, and a newly remodeled bath with dual vanities, jacuzzi tub, walk-in shower, and abundant cabinetry. The refinished hardwood floors extend throughout the upper level, where all bedrooms are generously sized and filled with natural light. Exceptional build quality of this all block constructed residence includes 6" poured concrete floors, hurricane shutters, a whole-house generator, and the split four-car garage features epoxy flooring. Also downstairs you have a private gym The resort-style backyard has been thoughtfully enhanced with a beautifully refurbished infinity-edge pool and deck, surrounded by lush tropical landscaping, and programmable lighting for year-round enjoyment. A brand-new dock with 16,000 lb boat lift, and new generator further elevate the home's appeal. (Lastly there is a low transferrable flood insurance (under $2,000 annually) and 1600 SF of additional bonus/storage area. Ideally located just 10 minutes from vibrant Downtown St. Petersburg and 30 minutes to Tampa, with no bridges to open water, this exceptional estate offers a truly rare combination of luxury, lifestyle, and location.