$875,000
SOLD NOV 27, 2024

11100 5th St E Treasure Island, FL 33706

3 Beds
2 Baths
1,719 Sq Ft
8,398 Sq Ft Lot

Recently Sold

$509 Per Sq Ft

47% Below List Price

260 Days on Market

Highlights

  • 70 Feet of Salt Water Canal Waterfront
  • Access To Intracoastal Waterway
  • Intracoastal View
  • Boca Ciega High School Rated A-
  • Dock made with wood
  • In Ground Pool

About This Home

As of November 2024

Welcome to your waterfront oasis on the exclusive Isle of Palms! This completely renovated residence offers a dramatic open water view, facing west, providing breathtaking sunsets over the Intracoastal Waterway. Nestled in a prime location intersecting with the Intracoastal, this home boasts deep sailboat water, making it a haven for boaters seeking the ideal lifestyle. Boasting an open floor plan featuring new porcelain tile flooring, the interior is flooded with natural light, creating an inviting and airy atmosphere. The recently remodeled kitchen features stainless steel appliances and gleaming granite counters. The updated bathrooms provide both functionality and style. This unique property is the only home on Isle of Palms that has a grandfathered cage around the pool area, offering unparalleled privacy and bug free tranquility. The pool area becomes your personal retreat, a perfect spot to relax and unwind while enjoying the Florida sunshine. Boating enthusiasts will appreciate the convenience of having no fixed bridges to the Gulf of Mexico, allowing for easy access to open waters for endless nautical adventures. Whether you're a seasoned sailor or just starting to explore the boating lifestyle, this is the place where boaters want to live. This residence is not only a dream for water lovers but also for those seeking the quintessential island lifestyle. With a move-in ready condition, you can start living your coastal dream immediately. The roof was replaced in 2021 and the windows and doors in 2018. A short stroll takes you to the wide Treasure Island beaches, where you can bask in the sun, feel the sand between your toes, and take in the soothing sound of the waves. Indulge in island time living close to local restaurants and bars, where a friendly and casual lifestyle awaits. Here, everyone knows your name, creating a sense of community that enhances the overall appeal of this remarkable property. Don't miss the opportunity to make this waterfront haven your own. Seize the chance to embrace a friendly and casual lifestyle in this unique Isle of Palms residence. Your coastal paradise awaits!

Last Agent to Sell the Property

Barb Adams

COASTAL PROPERTIES GROUP Brokerage Phone: 727-493-1555 License #3413055 Listed on: 02/12/2024

COASTAL PROPERTIES GROUP

Last Buyer's Agent

Brian Baker

LPT REALTY, LLC. License #3608413

LPT REALTY, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,771

Year Built

  • Built in 1969

Lot Details

  • 8,398 Sq Ft Lot
  • Lot Dimensions are 70x120
  • 70 Feet of Salt Water Canal Waterfront
  • Property fronts an intracoastal waterway
  • Property fronts a saltwater canal
  • East Facing Home
  • Vinyl Fence
  • Irrigation

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Property Views

  • Intracoastal
  • Canal
  • Pool

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,719 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Access To Intracoastal Waterway
  • Sailboat Water Access
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Seawall
  • Dock made with wood
  • Screened Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • 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

$3,771

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1719
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1969
  • Building Area Total: 2527
  • Lot Size Sq Ft: 8398
  • Directions to Property: Gulf Blvd. on Treasure Island. Turn east at the light at 112th Ave. Waffle House is on the corner. Veer left at the park and turn right at 115th Ave. Turn right at 5th St. E. Property is on the right at the cul de sac.
  • Status: Sold
  • Street Post Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Belleair
  • Escrow State: FL
  • Escrow Street Name: Indian Rocks Rd.
  • Escrow Street Number: 601
  • List Office Head Office Key Nume: 1039408
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 509.02
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Wood
  • MFR_DockYN: 1
  • Attribution Contact: 727-493-1555
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Street Number Modifier: 11100
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Family Room
  • Living Area Meters: 159.70
  • Room Count: 7

Exterior Features

  • Direction Faces: East
  • Pool Features: In Ground
  • Exterior Features: Irrigation System, Lighting, Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: BOCA CIEGA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Patio, Screened
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure
  • Water Access: Canal - Saltwater,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Sailboat Water,Seawall - Concrete
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 70
  • Water View: Canal,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 70

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, On Street

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • 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: 23-31-15-43488-003-0240
  • Additional Parcels: No
  • Fencing: Vinyl
  • Lot Features: FloodZone, Paved
  • Lot Dimensions: 70x120
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 780

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Check with the City of Treasure Island

Tax Info

  • Tax Annual Amount: 3771.46
  • Tax Block: 3
  • Tax Book Number: 38-62
  • Tax Lot: 24

Multi Family

  • Waterfront Features: Canal - Saltwater, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Nov 27, 2024
Sold by
Payne Paul R and Payne Sharon A
Bought by
Family Office Llc
Seller's Agent
Barb Adams
COASTAL PROPERTIES GROUP
Buyer's Agent
Brian Baker
LPT REALTY, LLC.
List Price
$1,650,000
Sold Price
$875,000
Premium/Discount to List
-$775,000
-46.97%
Views
119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.55%
Source: Public Records

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Range of Values:

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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 $875,000 Platinum National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,035,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $750,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $109,893 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2025 05/10/25 For Sale $1,200,000 +37.1% --
11/27/2024 11/27/24 Sold $875,000 0.0% $509 / Sq Ft
10/31/2024 10/31/24 Pending -- -- --
08/31/2024 08/31/24 Off Market $875,000 -- --
08/31/2024 08/31/24 Pending -- -- --
08/21/2024 08/21/24 Price Changed $1,295,000 -3.7% $753 / Sq Ft
08/15/2024 08/15/24 Price Changed $1,345,000 -3.6% $782 / Sq Ft
06/18/2024 06/18/24 Price Changed $1,395,000 -4.1% $812 / Sq Ft
05/01/2024 05/01/24 Price Changed $1,455,000 -2.7% $846 / Sq Ft
04/01/2024 04/01/24 Price Changed $1,495,000 -6.3% $870 / Sq Ft
03/03/2024 03/03/24 Price Changed $1,595,000 -3.3% $928 / Sq Ft
02/13/2024 02/13/24 For Sale $1,650,000 -- $960 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

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 $3,771 $259,081 -- --
2023 $3,771 $270,189 $0 $0
2022 $3,667 $262,319 $0 $0
2021 $3,726 $254,679 $0 $0
2020 $3,680 $251,163 $0 $0
2019 $3,618 $245,516 $0 $0
2018 $3,538 $240,938 $0 $0
2017 $3,494 $235,982 $0 $0
2016 $3,471 $231,128 $0 $0
2015 $3,538 $229,521 $0 $0
2014 $3,521 $227,699 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8230123

Stellar MLS

APN: 23-31-15-43488-003-0240