Listing Details for MLS # TB8418424
11700 5th Street E, Treasure Island, Fl 33706

Residential Property - Single Family Residence in Treasure Island

Listing Price: $2,395,000Days on Market: 227

Description of Property

FINAL PRICE — $2,395,000 | MOTIVATED SELLERS | 30-DAY SALE WINDOW This is your last chance to own one of the most coveted waterfront addresses on Florida's Gulf Coast barrier islands — and the sellers mean business. Welcome to 11700 5th St E — a spectacular Key West–style elevated waterfront estate in Treasure Island, FL. With over 4,000 square feet of refined coastal living, 5 true bedrooms, and a setting that delivers panoramic western sunset views every single evening, this is the barrier island lifestyle you've been searching for. THE SETTING Positioned on a deep saltwater canal with direct Gulf access through John's Pass — NO low bridges — this is a serious boater's and angler's paradise. The 20,000 lb boat lift, updated double-sided composite dock with electric and water, and open-water access in minutes make this a dream come true for those who live for the water. THE HOME Built for those who love to entertain and live well, the open floor plan flows seamlessly from expansive living spaces to a chef's kitchen to a waterfront terrace perfectly positioned for nightly sunsets. The completely remodeled primary suite (2021) occupies the entire third floor — a private sanctuary with spa-inspired bath and an exclusive top-floor terrace overlooking the water. Additional highlights include a dedicated office, game room, 4-car tandem garage, and a heated saltwater pool (new pump 2025) surrounded by a lush waterfront oasis. TURN-KEY READY The sellers have already done the work: new metal roof (2019), two new AC systems (2019), two new water heaters (2022), fresh exterior paint (2023), and new pool salt generator. This home is move-in ready — no projects, no delays. THE LOCATION Minutes to the Gulf. Minutes to the white sand beaches of Treasure Island and St. Pete Beach. Close to world-class dining, shopping, and the vibrant energy of St. Petersburg. All with NO HOA fees. THE OPPORTUNITY This is the ONLY elevated, true 5-bedroom waterfront home on the barrier islands under $2.4M. The sellers have set a firm 30-day sale window. At $2,395,000 — priced below recent reductions and below replacement cost — this will not last. Call today. Offers reviewed promptly. The sunset is free. The opportunity is not.The average asking price for a 5 bedroom/3 bath single family residence in this Zip code is $2,017,100. This single family residence is listed at about 119% of the average asking price. There are 2 5 bedroom/3 bath homes between $2,000,000 and $2,800,000 currently listed for sale in this Zip code. See other listings like this one »