5123 W NEPTUNE WAY, TAMPA, FL, 33609
Active78 days on marketListed Aug 21, 2026MLS #TB8540666
About this home
5123 W NEPTUNE WAY
Pre-Construction. To be built. 12,640 square foot waterfront LOT/LAND CAN BE PURCHASED SEPARATELY – MLS # TB8337278 To be built by award-winning Windstar Homes, the Rosewood is an exceptional two-story residence created for sophisticated waterfront living and the ultimate Florida lifestyle. Its striking architectural presence showcases a crisp white stucco exterior, contemporary metal roof, expansive windows, classic shutters, decorative coastal railings, and an inviting covered entry. A graceful paver driveway leads to the three-car side-load garage, while lush tropical landscaping and stately palms frame the home in natural beauty. O??ering more than 4,400 square feet of conditioned living space and over 6,600 total square feet, this thoughtfully designed residence features five bedrooms, four-and-a-half baths, and an impressive collection of indoor and outdoor living spaces. At the heart of the home is an expansive, chef-inspired kitchen featuring Sub-Zero and Wolf appliances. The main kitchen flows into a convenient prep—or “dirty” kitchen, which connects directly to the outdoor kitchen, creating a seamless layout for entertaining, catered gatherings, and everyday living. Located on the first floor for easy access and enhanced privacy, the spacious primary suite o??ers a serene personal sanctuary featuring a luxurious en-suite bath with large soaking tub and separate dual walk-in closets. Additional gathering spaces include a welcoming family room, dining room, VIP suite, all thoughtfully placed for next level living. Designed to embrace its waterfront setting, the outdoor space features generous, covered living areas, a fully equipped outdoor kitchen, and a resort-style swimming pool and spa surrounded by lush tropical landscaping. Walls of glass invite natural light into the home and create a beautiful connection between the interiors, pool terrace, and water beyond. From its distinctive coastal architecture and thoughtfully planned interiors to its tropical surroundings and enviable waterfront lifestyle, the Rosewood delivers an exceptional expression of luxury, comfort, and timeless Florida living.
Facts & features
The home at a glance
5
Bedrooms
4
Bathrooms
4,420
Sqft
0.29 ac
Lot size
3
Garage
2026
Year built
Two
Levels
$1,437
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$43,483 /mo · 10% down Conventional, 30-yr fixed at 7.5%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$43,483/mo
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.
Can I afford this home? → See what you can comfortably afford from your income, debts and savings.
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.
vs edgeAI estimate
+171.4%
$/sqft vs Tampa actives
$1,437 vs $278
Days on market
78 vs 55 typical
Where $1,437/sqft sits among the 400 Tampa actives
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 Beach Park
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Tampa. See the full Tampa guide →
Beach Park — neighborhood snapshot
Population
4,453
Median age
46
Median income
$153,353
Median home value
$855,212
Avg household
2
Households w/ children
478
For the school run
Hillsborough County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Tampa market
$410K → $425K
Tampa median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
191 of 400
Tampa actives have cut their price
Median sold price, Tampa, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 1266% above the TAMPA 33609 median. See the full Tampa market guide →
Paper trail
This home's history
Reality check
What actually sold near 5123 W NEPTUNE WAY
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$1,950,000
436 BAYSHORE DRIVE · same community
4 bd · 4 ba · 2,927 sqft · $666/sqft · 2 DOM
Sold · Aug ’26$4,000,000
5203 W NEPTUNE WAY · same community
5 bd · 5.5 ba · 6,520 sqft · $613/sqft · 0 DOM
Sold · Apr ’26$349,000
30529 EASTPORT DRIVE · same community
3 bd · 2 ba · 2,280 sqft · $153/sqft · 161 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.
Your agent
Colleen Brown
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 5123 W NEPTUNE WAY — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5123 W NEPTUNE WAY — before you fall in love.
See it in person
Schedule a tour
Live availability from Colleen's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5123 W NEPTUNE WAY FAQs
What would the monthly payment be for 5123 W NEPTUNE WAY?+
With 10% down on a 30-year Conventional loan at 7.5%, the all-in payment lands around $43,483/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 5123 W NEPTUNE WAY?+
The most recent tax bill on record (2025) was $11,786. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Tampa?+
At $6,350,000, this home is listed about 1377% above the Tampa median of $429,900. The market section on this page shows how the area is trending.
Which schools are assigned to 5123 W NEPTUNE WAY?+
Grady Elementary School (elementary), Coleman Middle School (middle), Plant High School (high), Patricia Sullivan Metropolitan Ministries Partnership School (elementary) — Hillsborough County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$6,350,000 runs 1266% above the TAMPA 33609 median — but at 4,420 sqft it's also nearly 3 times the size of the typical Tampa listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Strong assigned schools
Grady Elementary School, Coleman Middle School, Plant High School, Patricia Sullivan Metropolitan Ministries Partnership School — Grady Elementary School rates 5 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of BHHS FLORIDA PROPERTIES GROUP · Peter Hanson. MLS #TB8540666.
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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