$1,225,000
SOLD SEP 30, 2025

11005 5th St E Treasure Island, FL 33706

3 Beds
2 Baths
1,992 Sq Ft
7,775 Sq Ft Lot

Recently Sold

$615 Per Sq Ft

23% Below List Price

186 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Living Room
  • Open Floorplan
  • 2 Car Attached Garage
  • Tile Flooring

About This Home

As of September 2025

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.

Last Agent to Sell the Property

Barb Adams

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

COASTAL PROPERTIES GROUP

Last Buyer's Agent

Helle Hartley

CENTURY 21 JIM WHITE & ASSOC License #3309240

CENTURY 21 JIM WHITE & ASSOC

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
  • Status: Sold
  • Street Post Direction: E
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 228.54
  • Escrow State: FL
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 614.96
  • Total Acreage: 0 to less than 1/4
  • 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
  • Living Area Meters: 185.06

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 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

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2025
Closed on
Sep 30, 2025
Sold by
St Clair Sarah M
Bought by
Phelan John
Seller's Agent
Barb Adams
COASTAL PROPERTIES GROUP
Buyer's Agent
Helle Hartley
CENTURY 21 JIM WHITE & ASSOC
List Price
$1,600,000
Sold Price
$1,225,000
Premium/Discount to List
-$375,000
-23.44%
Views
117
Current Estimated Value
$1,229,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,068
Avg. Annual Appreciation
1.04%

Purchase Details

Listed on
Nov 19, 2021
Closed on
Dec 23, 2021
Sold by
Negrini Jonathan James and Negrini Kimberly Ann
Bought by
St Clair Sarah M
Seller's Agent
Dania Perry
CENTURY 21 JIM WHITE & ASSOC
Buyer's Agent
Bob St. Clair
CHARLES RUTENBERG REALTY INC
List Price
$1,799,000
Sold Price
$1,850,000
Premium/Discount to List
$51,000
2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.36%
Original Mortgage
$1,480,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 27, 2017
Closed on
Oct 11, 2018
Sold by
Rivera Stephen P
Bought by
Negrini Jonathan James and Negrini Kimberly Ann
Seller's Agent
Bruce Erbeck
RE/MAX ACTION FIRST OF FLORIDA
Buyer's Agent
Bruce Erbeck
RE/MAX ACTION FIRST OF FLORIDA
List Price
$849,000
Sold Price
$830,000
Premium/Discount to List
-$19,000
-2.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.46%
Original Mortgage
$453,100
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2008
Sold by
Mapes Patricia I and Ermini Patricia I
Bought by
Rivera Stephen P

Purchase Details

Closed on
Feb 24, 1998
Sold by
Ermini Eugene D
Bought by
Ermini Eugene D and Ermini Patricia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,225,000 Platinum National Title
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
Previous Owner $1,480,000 New Conventional
Previous Owner $453,100 New Conventional
Previous Owner $75,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2025 09/30/25 Sold $1,225,000 -5.0% $615 / Sq Ft
08/28/2025 08/28/25 Pending -- -- --
08/27/2025 08/27/25 Price Changed $1,289,000 -0.8% $647 / Sq Ft
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 View Prior Sale
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 View Prior Sale
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

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
2025 $22,000 $1,031,488 $972,022 $59,466
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

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: TB8351284

Stellar MLS

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