5123 W Neptune Way
Listed at $1,437 per sq ft. Median for single-family homes with 5 or more bedrooms in South Tampa sold in the last 12 months: $496 per sq ft.
219 sales · Stellar MLS, credited belowWhat stands out about this home
About this property
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.
Property details
All features →
- Lighting
- Crown molding
- High ceilings
- Open floorplan
- Built-in oven
- Convection oven
- Cooktop
- Dishwasher
- Disposal
- Microwave
- Range
- Range hood
- Refrigerator
- Wood flooring
- Water view
- Central air conditioning
- Central heating
- Metal roof
- Block foundation
- Block construction
- Two stories
- Laundry room
- Broadband internet available
- Cable available
- Electricity available
- Phone available
- Public utilities
- Water available
- Private pool
- Garage
- Fireplace
- Waterfront
- New construction
The market for homes like this
Single-family homes with 5 or more bedrooms in South TampaSouth Tampa, as its listings describe it
Price and time on market
Cost of ownership
Living in South Tampa
South Tampa homes sold for a median of $690,000 in the 12 months to Oct. 11, 2026.
1,627 salesThat's 7.8% above the median for the 12 months before, $640,000.
1,627 sales this year · 1,423 sales the prior yearSingle-family detached homes made up 1,052 of the 1,627 sales in the same 12 months, at a median of $800,000.
1,052 of 1,627 salesLocation
5123 W NEPTUNE WAY, TAMPA, FL 33609
Nearby homes for sale in Tampa
- 6 bed, 6 bath single-family home7,250 sq ft · $6,995,000Tampa 33609 · Listed by CARTWRIGHT REALTY
- 5 bed, 5.5 bath single-family home5,958 sq ft · $7,250,000Tampa 33609 · Listed by BELL HENDERSON REAL ESTATE
- 5 bed, 6 bath single-family home6,200 sq ft · $4,950,000Tampa 33609 · Listed by SMITH & ASSOCIATES REAL ESTATE
- 6 bed, 6 bath single-family home6,413 sq ft · $4,795,000Tampa 33609 · Listed by SMITH & ASSOCIATES REAL ESTATE
- 5 bed, 6.5 bath single-family home5,895 sq ft · $4,200,000Tampa 33609 · Listed by SHORE2BAY REALTY
- 7 bed, 5.5 bath single-family home4,648 sq ft · $3,800,000Tampa 33609 · Listed by THE KAPLAN GROUP RE LLC
Based on information from Stellar MLS® for the period July 25, 2005 through October 11, 2026.
Listings courtesy of Stellar MLS as distributed by MLS GRID
HomeProp is a licensed Florida real estate brokerage (License CQ1055163). Regulated by the Florida Real Estate Commission (FREC), 400 W Robinson St, Orlando, FL 32801. All information deemed reliable but not guaranteed.
