$2,800,000

11050 5th St E Treasure Island, FL 33706

Estimated payment $17,267/month

Total Views 389
0.36 Acre
$7,777,778 Price per Acre
15,464 Sq Ft Lot

Highlights

  • 208 Feet of Waterfront
  • Dock Has No Access To Electricity
  • No HOA
  • White Water Ocean Views
  • Access To Intracoastal Waterway
  • Cul-De-Sac

About This Lot

A truly rare offering in the highly coveted Isle of Palms neighborhood, this exceptional double bayfront homesite presents a once-in-a-lifetime opportunity to create a custom waterfront estate in one of Treasure Island’s most desirable locations. Spanning approximately 0.36 acres, this oversized corner lot boasts an impressive 208 feet of seawall, delivering some of the widest, most unobstructed open water views available. With sweeping western exposure across the Intracoastal Waterway, you’ll enjoy breathtaking panoramic vistas, vibrant sunsets, and daily encounters with Florida’s coastal wildlife. Positioned on deep, protected water, this property is a boater’s dream. Featuring two existing docks and two boat slips, it offers direct, access to the Gulf, ideal for accommodating larger vessels or creating your own private boaters retreat. Set at the end of a quiet cul-de-sac and surrounded by some newly built luxury homes, this high-value location offers both privacy and prestige. The beach is a little more than half a mile away, while shopping, dining, and everyday conveniences are just minutes from your doorstep. Enjoy effortless access to the best of coastal living, along with nearby attractions in downtown St. Petersburg and Tampa. This unique property is the result of combining two separately acquired parcels (11000 & 11050 5th St E), now ready for development. Architectural renderings are already available, offering a vision for a stunning custom residence designed to maximize the expansive water views and exceptional setting. To help showcase the incredible potential of this property, the owner previously collaborated with a custom builder to design a stunning residence specifically envisioned for the site. Architectural concepts, renderings, and preliminary engineering work was done and renderings have been included as inspiration for what could be built on the property. While buyers are welcome to connect with the owner’s builder, they are under no obligation and may use the builder of their choice to create their own dream home. The listing price is for the lot only. Whether you’re a boating enthusiast, a luxury home builder, or a buyer seeking a true trophy property, this is an unparalleled opportunity to build your dream home in a premier waterfront location.

Listing Agent

Tara Beheshti

COASTAL PROPERTIES GROUP INTERNATIONAL Brokerage Phone: 727-493-1555 License #3065719 Listed on: 05/06/2026

COASTAL PROPERTIES GROUP INTERNATIONAL

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,365

Lot Details

  • 15,464 Sq Ft Lot
  • Lot Dimensions are 110x208
  • 208 Feet of Waterfront
  • 104 Feet of Bay Harbor Waterfront
  • 104 Feet of Intracoastal Waterfront
  • Property fronts an intracoastal waterway
  • Cul-De-Sac
  • West Facing Home
  • Chain Link Fence
  • 2 Lots in the community
  • Additional Parcels

Property Views

  • White Water Ocean
  • Intracoastal

Listing and Financial Details

  • Legal Lot and Block 26 / 3
  • Assessor Parcel Number 23-31-15-43488-003-0260

Community Details

Overview

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

Recreation

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Dock has access to water
  • Seawall
  • Dock Has No Access To Electricity

Property Details

Property Type

Land

Est. Annual Taxes

$25,365

Lot Details

0.36 Acres

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.36
  • Lot Size Sq Ft: 15464
  • Number Of Lots: 2
  • Status: Active
  • Street Post Direction: E
  • Ownership: Fee Simple
  • Escrow City: Indian Shores
  • Escrow State: FL
  • Escrow Street Name: Gulf Blvd. #C
  • RATIO Current Price By Calculate: 181.07
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_DockDescription: Dock w/o Electric,Dock w/Water Supply
  • MFR_DockYN: 1
  • Attribution Contact: 727-493-1555
  • Tax Year: 2025
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: West
  • Road Frontage Type: City Street
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor,Intracoastal Waterway
  • Water Extras: Seawall - Concrete
  • Water View: Bay/Harbor - Full,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 208
  • Flood Zone Panel: 12103C0194H
  • Water Frontage Feet Bay Harbor: 104
  • Water Frontage Feet ICW: 104

Utilities

  • Utilities: Public
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

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

Lot Info

  • Zoning: RES
  • Parcel Number: 23-31-15-43488-003-0260
  • Additional Parcels: Yes
  • Current Use: Residential
  • Fencing: Chain Link
  • Lot Features: Cul-De-Sac, Paved
  • Lot Dimensions: 110x208
  • Flood Zone Code: AE*
  • Current Adjacent Use: Residential

Tax Info

  • Tax Annual Amount: 25364.68
  • Tax Block: 3
  • Tax Book Number: 38-62
  • Tax Lot: 26

Multi Family

  • Waterfront Features: Bay/Harbor, Intracoastal Waterway

Map

Range of Values:

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Value Increase
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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
2025 $40,638 $2,048,992 $2,027,966 $21,026
2024 $39,425 $2,524,000 $2,505,938 $18,062
2023 $39,425 $2,396,050 $2,267,111 $128,939
2022 $19,163 $1,156,489 $1,055,600 $100,889
2021 $3,768 $257,589 $0 $0
2020 $3,721 $254,033 $0 $0
2019 $3,659 $248,322 $0 $0
2018 $3,577 $243,692 $0 $0
2017 $3,534 $238,680 $0 $0
2016 $3,510 $233,771 $0 $0
2015 $3,577 $232,146 $0 $0
2014 $3,560 $230,304 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2026 05/06/26 For Sale $2,800,000 -20.0% --
01/21/2023 01/21/23 Price Changed $3,500,000 +89.2% $2,121 / Sq Ft
06/26/2022 06/26/22 For Sale $1,850,000 +23.3% $1,121 / Sq Ft
02/15/2022 02/15/22 Sold $1,500,000 0.0% $909 / Sq Ft View Prior Sale
01/15/2022 01/15/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $1,500,000 -- $909 / Sq Ft
Source: Stellar MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $1,500,000 Sea Star Title Agency
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Attorney
Source: Public Records

Source: Stellar MLS

MLS Number: TB8504714

Stellar MLS

APN: 23-31-15-43488-003-0260

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