Florida
Treasure Island
11005 5TH STREET E

$1,299,000

11005 5TH STREET E, Treasure Island, FL 33706

3 beds |
2 baths |
1,992 sqft

Single-Family Home
Built in 1963
7,841sqft lot
2 car garage
$652/sqft
Listed 6 months ago

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.

Listing Status:: Active
Date Added:: February 23, 2025 at 06:00AM
Listing Office:: COASTAL PROPERTIES GROUP : 727-493-1555
Listing Agent:: Barb Adams : 727-457-5725
MLS ID:: TB8351284

General: Open Floorplan
Appliances: None
Laundry: In Garage
Flooring: TerrazzoTile
A/C: None
Heating: None

This listing courtesy of Barb Adams, COASTAL PROPERTIES GROUP

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Pasadena Fundamental Elementary School

95 72nd St N, Saint Petersburg, FL, 33710

Grades KG-5

1.66 miles away

Azalea Middle School

7855 22nd Ave N, Saint Petersburg, FL, 33710

Grades 6-8

1.72 miles away

St. Petersburg Collegiate High School

6605 5th Ave N, Saint Petersburg, FL, 33710

Grades 10-12

2.16 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.