$1,299,000
$301K PRICE DROP

11005 5th St E Treasure Island, FL 33706

Estimated payment $8,911/month

Total Views 8,220
3 Beds
2 Baths
1,992 Sq Ft
$652 Price per Sq Ft

Highlights

  • In Ground Pool
  • Open Floorplan
  • 2 Car Attached Garage
  • Boca Ciega High School Rated A-
  • No HOA
  • Living Room

About This Home

New FEMA appraisal lists Actual Cash Value of structure at $513,822 with FEMA 50% Rule allowing improvements of $256,911! Plenty of room to turn this Exceptional Point Lot with Stunning Water Views on Isle of Palms into your own masterpiece. Discover a rare opportunity to own a premier point lot surrounded by breathtaking water views in the highly sought-after Isle of Palms on Treasure Island. This remarkable property has been remediated and is ready for your personal touches or serves as the perfect site for a stunning new build. Designed for waterfront living, the property features a newer pool with two sun shelves, elegant travertine pavers, and 105 feet of updated seawall. The composite dock is ready for your yacht, sailboat, or water toys, with deep water access that accommodates even the most discerning boating enthusiast. A tile roof replaced in 2022 adds to the home's value and longevity. Enjoy wide open water views and an easy stroll to the award-winning sandy beaches of Treasure Island. The area is known for its locally owned bars and restaurants, fostering a warm, welcoming, and vibrant community. Treasure Island also hosts an array of exciting events, including the internationally renowned Sanding Ovations Sand Sculpture Competition, the International Kite Festival, and numerous free concerts and local festivals. This is more than just a home—it's a lifestyle. Experience the best of waterfront living in a community you'll love to call home.

Listing Agent

Barb Adams

COASTAL PROPERTIES GROUP Brokerage Phone: 727-493-1555 License #3413055 Listed on: 02/23/2025

COASTAL PROPERTIES GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,000

Year Built

  • Built in 1963

Lot Details

  • 7,775 Sq Ft Lot
  • Lot Dimensions are 81x111
  • North Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,992 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Sliding Doors
  • Living Room
  • Dining Room
  • Laundry in Garage

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Dock made with Composite Material

Utilities

  • No Cooling
  • No Heating
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Isle Of Palms 1St Add Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,000

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1992
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1963
  • Building Area Total: 2460
  • Lot Size Sq Ft: 7775
  • Directions to Property: From Gulf Blvd. on Treasure Island, turn at light on 112th Ave. Waffle House is on the corner. Ver right at the park. Turn right on 115th Ave. Turn right onto 5th St. E. Property is at the end of the cul de sac.
  • Status: Active
  • Street Post Direction: E
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1039408
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 652.11
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Composite
  • MFR_DockYN: 1
  • Attribution Contact: 727-493-1555
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Open Floorplan
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Street Number Modifier: 11005
  • Living Area Meters: 185.06
  • Room Count: 8

Exterior Features

  • Direction Faces: North
  • Pool Features: In Ground
  • Exterior Features: Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: None
  • Heating: None
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Parcel Number: 23-31-15-43488-003-0280
  • Additional Parcels: No
  • Lot Dimensions: 81x111
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 722

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Check with City of Treasure Island. Two occupancy changes per year. No minimum.

Tax Info

  • Tax Annual Amount: 22000.43
  • Tax Block: 3
  • Tax Book Number: 38-62
  • Tax Lot: 28

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $23,066 $1,403,931 -- --
2023 $23,066 $1,442,818 $1,166,854 $275,964
2022 $22,836 $1,419,168 $1,177,477 $241,691
2021 $9,341 $576,832 $0 $0
2020 $9,322 $573,657 $0 $0
2019 $8,670 $531,468 $0 $0
2018 $10,151 $575,194 $0 $0
2017 $9,928 $556,279 $0 $0
2016 $10,208 $585,132 $0 $0
2015 $9,393 $514,363 $0 $0
2014 $8,674 $479,645 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2025 05/24/25 Price Changed $1,299,000 -6.9% $652 / Sq Ft
04/14/2025 04/14/25 Price Changed $1,395,000 -6.7% $700 / Sq Ft
03/17/2025 03/17/25 Price Changed $1,495,000 -6.6% $751 / Sq Ft
02/23/2025 02/23/25 For Sale $1,600,000 -13.5% $803 / Sq Ft
12/23/2021 12/23/21 Sold $1,850,000 +2.8% $929 / Sq Ft
11/20/2021 11/20/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $1,799,000 +116.7% $903 / Sq Ft
10/12/2018 10/12/18 Sold $830,000 -2.0% $417 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
05/25/2018 05/25/18 Price Changed $847,000 -0.2% $425 / Sq Ft
11/27/2017 11/27/17 For Sale $849,000 -- $426 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,850,000 Sea Star Title Company Llc
Warranty Deed $830,000 Seminole Title Company
Warranty Deed $600,000 Attorney
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,480,000 New Conventional
Previous Owner $548,250 New Conventional
Previous Owner $210,900 Credit Line Revolving
Previous Owner $453,100 New Conventional
Previous Owner $400,000 New Conventional
Previous Owner $417,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $75,000 Credit Line Revolving
Source: Public Records

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Source: Stellar MLS

MLS Number: TB8351284

Stellar MLS

APN: 23-31-15-43488-003-0280