11700 5TH STREET E

TREASURE ISLAND, FL, 33706

Active

$2,055,000

11700 5TH STREET E

TREASURE ISLAND, FL, 33706

Active

$2,055,000

Bedrooms

Bathrooms

4,634 sqft

Living Area

1998

Year Built

$2,055,000Tour the dockSchedule a Showing

Navigation note: Navigation routes show the shortest mapped path to open water. A vessel taller than the binding bridge clearance may still reach open water via a longer alternate route that we don't currently map — verify navigability with a local captain or surveyor before relying on it.

Description

One or more photo(s) has been virtually staged. WEEKLY PRICE REDUCTION PROGRAM NOW ACTIVE! NEW PRICE $2,055,000. The seller has authorized a $15,000 weekly price reduction every Thursday until sold. Interested buyers are encouraged to act quickly, as increased buyer interest and competition may develop as the price declines. Seller reserves the right to accept offers at any time and to discontinue this program upon contract execution. When a $2.5M home drops $500,000 in price reductions, the market notices. This is that moment and now the clock is ticking. 11700 5th St E is the only elevated, true 5-bedroom waterfront estate on Florida's Gulf Coast barrier islands at this price. With over $500,000 in reductions and extensive seller upgrades already completed, this is unmatched value in one of America's most sought-after coastal markets. Direct Gulf access through John's Pass — NO low bridges. A 20,000 lb boat lift, updated double-sided composite dock with electric and water, and open water in minutes. Offshore fishing at dawn or cruising at sunset, this is the boater's address on the barrier islands. BUILT FOR THE SUNSET! Prized western exposure delivers panoramic Gulf Coast sunsets through a dramatic wall of west-facing glass every single evening. The primary suite occupies the entire third floor, fully remodeled in 2021, with a spa-inspired bath and a private top-floor terrace where the view is yours alone. Over 4,600 square feet of refined coastal living. Open floor plan. Chef's kitchen. Dedicated office. Game room. Heated saltwater pool with new pump and salt generator (2025). Four-car tandem garage. No HOA. Cathedral ceilings, crown molding, gas fireplace, and stone counters throughout. New metal roof (2019). Two new AC systems (2019). Two new water heaters (2022). Fresh exterior paint (2023). Move in, cast a line, watch the sunset. No projects. No delays. $2,085,000 and dropping $15,000 every Thursday until sold. At $449/sq ft, this is the best waterfront value on the Gulf Coast today. The only elevated 5-bedroom waterfront home on the barrier islands with Gulf access, a 20,000lb lift, western sunsets, and zero HOA at this price point. Don't wait. The next buyer saves $15,000. That buyer could be you, or it could be someone who acted while you hesitated. Call today. At this price and this program, the next showing may be the last.