5123 W Neptune WayNew Construction Home in Tampa, FL
Tampa, FL 33609 · Hillsborough County
$6,350,000
$1437/sq ft
Photos of 5123 W Neptune Way
1 / 5Who is building this home?
This home is listed as built by Windstar, floor plan Rosewood. Builder quality, warranty responsiveness, and willingness to fix punch-list items vary enormously between companies in Tampa Bay.
Compare Tampa Bay builder scorecards →About this home
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.
Home details and costs
- MLS number
- TB8540666
- Property type
- Single Family Residence
- Build stage
- Pre-Construction
- Builder
- Windstar
- Floor plan
- Rosewood
- Heated square feet
- 4,420 sq ft
- Total under roof
- 6,604 sq ft
- Stories
- 2 Story
- Lot size
- 0.29 acres
- Subdivision
- Bayshore Estates
- HOA fee
- No HOA
- Annual property tax
- $11,786 (current assessment)
- Days on market
- 46 days
Heads up on that tax figure. On new construction, the number in the MLS is often the tax on the bare lot, not the finished home. Expect it to jump once the county reassesses with the house on it. How Florida reassesses new builds
What would this home actually cost per month?
Pre-filled with this listing's price and HOA. Adjust anything to match your situation.
Estimated monthly payment
$48,221
$635,000 down (10%) on a $5,715,000 loan
- Principal and interest
- $36,123
- Property tax (estimated)
- $9,450
- Homeowners insurance
- $267
- PMI (under 20% down)
- $2,381
CDD defaults to zero, and that is often wrong.Many Tampa Bay new-construction communities carry a Community Development District assessment of roughly $1,500 to $3,000 a year on top of HOA, and it is rarely included in a builder's payment estimate. Ask whether this address is in a CDD before you budget.
The tax figure in the MLS looks like a bare-lot assessment. It lists $11,786 a year, while taxing this purchase price works out closer to $113,400. On new construction the county reassesses once the house is finished, so budget from the higher number.
Estimates only. Actual taxes, insurance, and assessments vary by address and change year to year.
Get the real numbers on this homeWhat is negotiable on this home?
Here is what this listing's numbers say about the builder's position.
On the market 46 daysContext
Still relatively fresh. Expect the sales office to hold firmer here than on inventory that has been sitting.
Pre-constructionContext
Nothing is built yet, so there are no carrying costs pressuring the builder. The trade is that you get design-center control and first pick of lots instead.
Where builders actually give
Rarely on the published base price. It sets the comp for every unsold home behind this one, and protecting it protects their appraisals. The real room is in closing cost credits, interest rate buydowns, and upgrades moved into the base. Asking for the right one in the right order is most of the job.
Virtual tour
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Listed by Bhhs Florida Properties Group. Listing data provided courtesy of Stellar MLS via Bridge Interactive. Information is deemed reliable but not guaranteed and is provided for consumers' personal, non-commercial use. 5123 W Neptune Way, Tampa, FL 33609 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.