11700 5TH STREET E at

11700 5TH STREET E

For sale Days on market 180

$2,490,000

$610/sq ft

$100,000
Price Decreased

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Overview

Bedroom

Bath

Year Built

1998

Garage

Sqft

4082

Property Type

Single Family Residence

Property Description

SIGNIFICANT PRICE REDUCTION — NOW OFFERED BELOW $2.5M | PREMIER KEY WEST–STYLE WATERFRONT ON THE BARRIER ISLANDS Welcome to your elevated Key West–style coastal retreat—where it’s always 5 o’clock somewhere and every evening ends in a spectacular sunset. Perfectly positioned with prized western exposure, this exceptional waterfront residence captures panoramic sunset views through a dramatic wall of west-facing glass, filling the home nightly with golden Gulf Coast light. This is a rare opportunity to own the only elevated, true 5-bedroom waterfront home on the barrier islands offered under $2.5M. With over 4,000 square feet of refined coastal living and extensive seller upgrades already completed, this property delivers unmatched value, luxury, and lifestyle. From the moment you arrive, the coastal metal roof (2019) and grand entry set the tone for relaxed sophistication. Inside, expansive open living spaces flow seamlessly into generous dining and gathering areas designed for effortless entertaining. The chef’s kitchen anchors the home, creating an inviting environment for family celebrations and waterfront soirées. The primary suite—completely remodeled in 2021—is a private sanctuary featuring a spa-inspired bath and an exclusive top-floor terrace where you’ll enjoy unobstructed western sunsets over the water. Additional bedrooms are spacious and thoughtfully appointed, complemented by a dedicated office and a game room for casual coastal living. Significant system upgrades include: Two new air conditioning systems (2019) Two new water heaters (2022) Fresh exterior paint (2023) Step outside to your private waterfront oasis. A heated saltwater pool with a new pump (2025) and salt generator provides year-round enjoyment. Boating enthusiasts will appreciate the 20,000 lb boat lift and updated double-sided dock. Located just minutes from the Gulf via John’s Pass—with no low bridges—this property offers unrestricted access for serious offshore anglers and boating enthusiasts alike. It is truly a fisherman’s and boater’s paradise. A 4-car tandem garage provides ample space for vehicles, equipment, and all your waterfront toys. For buyers seeking the ultimate turnkey lifestyle, the boat is also available for purchase—offering a rare opportunity to acquire both home and vessel together. Designed for connection, celebration, and elevated coastal living, this residence is equally suited for sunset gatherings on the terrace, early mornings watching dolphins glide by, or relaxed afternoons heading straight to open water. This is more than a home—it is the quintessential Treasure Island waterfront lifestyle, now offered at an exceptional value. Call today to schedule your private showing before this rare barrier island opportunity is gone.

Property Details

MLS#

TB8418424

Garage

Total Floor in Bldg

Address

11700 5TH

City

TREASURE ISLAND

State/county

Zip/Postal Code

33706

Area

Capri Isle Sub

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$17,976

Maint Fee

$--

Tax Year

2024

Built-In Oven

Dishwasher

Disposal

Electric Water Heater

Microwave

Refrigerator

Pool

Water

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