11005 5th Street E, Treasure Island, FL 33706

$1,225,000
3
BD
2
BA
1,992
SqFt

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Sold Price
$1,225,000
List Price
$1,289,000
Status
Sold
Days on Market
186
Closing Date
Sep 30, 2025
MLS#
TB8351284
Property Style
Single Family
Year Built
1963
Bedrooms
3
Bathrooms
2
Living Area
1,992
Lot Size
7,775
Acres
0.18
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Isle Of Palms 1st Add
MLS Area Major
Pass a Grille Bch/St Pete Bch/Treasure Isl

Property Description

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.

Additional Information

Taxes
$22000
Minimum Lease
1-7 Days
Community Features
No Deed Restriction
Property Description
One Story
Interior Layout
Open Floorplan
Interior Features
Open Floorplan
Floor
Terrazzo, Tile
Appliances
None
Utilities
BB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected
Heating
None
Air Conditioning
None
Exterior Construction
Block, Stucco
Exterior Features
Sliding Doors
Roof
Tile
Foundation
Slab
Pool
Private
Pool Type
In Ground
Garage Carport
2 Car Garage
Garage Spaces
2
Pets
Allowed
Flood Zone Code
AE
Parcel ID
23-31-15-43488-003-0280
Legal Description
ISLE OF PALMS 1ST ADD BLK 3, LOT 28

Listing courtesy of COASTAL PROPERTIES GROUP. 727-493-1555

Selling Office: CENTURY 21 JIM WHITE & ASSOC.

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