NOT LISTED FOR SALE

11285 5th St E Treasure Island, FL 33706

Estimated Value: $1,262,000 - $2,008,222

6 Beds
4 Baths
4,728 Sq Ft
$327/Sq Ft Est. Value

Last Sold March 27, 2024

Last sale price $1,500,000 $317 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,662/month

Highlights

  • 70 Feet of Salt Water Canal Waterfront
  • Dock made with wood
  • Open Floorplan
  • Boca Ciega High School Rated A-
  • In Ground Pool
  • Canal View

About This Home

As of March 2024

Welcome to your dream investment opportunity on the prestigious Isle of Palms! This large two-story home boasts an open floor plan flooded with natural light, making it an ideal canvas for investors seeking to create a masterpiece. As you enter, you'll be greeted by a spacious layout that seamlessly connects the living, dining, and kitchen areas. The highlight of this residence is the expansive enclosed sunroom featuring a bar, providing a perfect space for entertaining and enjoying the picturesque views of the pool area. With both upstairs and downstairs potential for a primary suite, this property offers versatility and endless possibilities. The cathedral ceiling adds an elegant touch. Step outside onto the second-floor porch to savor breathtaking views of the pool and water – an ideal spot for relaxation and enjoying the coastal breeze. Boating enthusiasts will appreciate the convenience of having no fixed bridges to the Gulf of Mexico, opening up endless possibilities for water exploration. The location is a beach lover's paradise, just a short and easy stroll away from the pristine shores. Additionally, indulge in the charm of the local community with its array of restaurants, bars, and shops, all locally owned and within reach.

Last Agent to Sell the Property

Barb Adams

COASTAL PROPERTIES GROUP Brokerage Phone: 727-493-1555 License #3413055 Listed on: 02/26/2024

COASTAL PROPERTIES GROUP

Last Buyer's Agent

Christine Tatum

REDFIN CORPORATION License #3338608

REDFIN CORPORATION

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,778

Year Built

  • Built in 1958

Lot Details

  • 8,398 Sq Ft Lot
  • Lot Dimensions are 70x120
  • 70 Feet of Salt Water Canal Waterfront
  • West Facing Home
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Ground Level Parking
  • Driveway
  • On-Street Parking

Property Views

  • Canal
  • Pool

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 4,728 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Sliding Doors
  • Family Room Off Kitchen
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Seawall
  • Dock made with wood
  • Balcony

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • 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

$6,778

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Wood Frame, Wood Siding
  • Fireplace: No
  • Living Area: 4728
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1958
  • Building Area Total: 5263
  • Lot Size Sq Ft: 8398
  • Directions to Property: From Gulf Blvd on Treasure Island, turn at the light at 112th Ave. Waffle House is on the corner. Veer left at the park. Turn right onto 115th Ave. Turn right onto 5th St. E. Property is on the left.
  • Status: Sold
  • Street Post Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: BELLEAIR BEACH
  • Escrow Postal Code: 33786
  • Escrow State: FL
  • List Office Head Office Key Nume: 1039408
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 317.26
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Wood
  • MFR_DockYN: 1
  • Attribution Contact: 727-493-1555
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Terrazzo, Tile
  • Full Bathrooms: 4
  • Interior Amenities: Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Thermostat
  • Appliances Included: Dryer, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Levels: Two
  • Spa Yn: No
  • Stories: 2
  • Street Number Modifier: 11285
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 439.25
  • Room Count: 4

Exterior Features

  • Direction Faces: West
  • Pool Features: In Ground
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: BOCA CIEGA BAY
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Access: Canal - Saltwater
  • Water Extras: Bridges - No Fixed Bridges,Seawall - Concrete
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 70
  • Water View: Canal
  • 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, Ground Level, On Street

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central
  • Laundry Features: Inside
  • 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: 23-31-15-43488-003-0400
  • Additional Parcels: No
  • Lot Features: FloodZone, Level, Paved
  • Lot Dimensions: 70x120
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 780

Rental Info

  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Check with City of Treasure Island. Two occupancy changes per year.

Tax Info

  • Tax Annual Amount: 6778.34
  • Tax Block: 3
  • Tax Book Number: 38-62
  • Tax Lot: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
Mar 27, 2024
Sold by
Gayton Edward J
Bought by
11285 5Th St Re Llc
Seller's Agent
Barb Adams
COASTAL PROPERTIES GROUP
Buyer's Agent
Christine Tatum
REDFIN CORPORATION
List Price
$1,500,000
Sold Price
$1,500,000
Views
15
Current Estimated Value
$1,544,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,056
Avg. Annual Appreciation
1.89%
Original Mortgage
$1,760,700
Interest Rate
6.77%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
11285 5Th St Re Llc $1,500,000 Platinum National Title
11285 5Th St Re Llc $1,500,000 Platinum National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 11285 5Th St Re Llc $1,760,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2024 03/27/24 Sold $1,500,000 0.0% $317 / Sq Ft
02/27/2024 02/27/24 For Sale $1,500,000 -- $317 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
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 $6,778 $466,520 -- --
2023 $6,778 $452,932 $0 $0
2022 $6,607 $439,740 $0 $0
2021 $6,728 $426,932 $0 $0
2020 $6,652 $421,037 $0 $0
2019 $6,552 $411,571 $0 $0
2018 $6,413 $403,897 $0 $0
2017 $6,343 $395,590 $0 $0
2016 $6,309 $387,453 $0 $0
2015 $6,429 $384,760 $0 $0
2014 $6,403 $381,706 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8232378

Stellar MLS

APN: 23-31-15-43488-003-0400