$2,800,000
11050 5th Street
Treasure Island, FL 33706
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
A truly rare offering in the highly coveted Isle of Palms neighborhood, this exceptional double bayfront homesite presents a once-in-a-lifetime opportunity to create a custom waterfront estate in one of Treasure Island’s most desirable locations. Spanning approximately 0.36 acres, this oversized corner lot boasts an impressive 208 feet of seawall, delivering some of the widest, most unobstructed open water views available. With sweeping western exposure across the Intracoastal Waterway, you’ll enjoy breathtaking panoramic vistas, vibrant sunsets, and daily encounters with Florida’s coastal wildlife. Positioned on deep, protected water, this property is a boater’s dream. Featuring two existing docks and two boat slips, it offers direct, access to the Gulf, ideal for accommodating larger vessels or creating your own private boaters retreat. Set at the end of a quiet cul-de-sac and surrounded by some newly built luxury homes, this high-value location offers both privacy and prestige. The beach is a little more than half a mile away, while shopping, dining, and everyday conveniences are just minutes from your doorstep. Enjoy effortless access to the best of coastal living, along with nearby attractions in downtown St. Petersburg and Tampa. This unique property is the result of combining two separately acquired parcels (11000 & 11050 5th St E), now ready for development. Architectural renderings are already available, offering a vision for a stunning custom residence designed to maximize the expansive water views and exceptional setting. To help showcase the incredible potential of this property, the owner previously collaborated with a custom builder to design a stunning residence specifically envisioned for the site. Architectural concepts, renderings, and preliminary engineering work was done and renderings have been included as inspiration for what could be built on the property. While buyers are welcome to connect with the owner’s builder, they are under no obligation and may use the builder of their choice to create their own dream home. The listing price is for the lot only. Whether you’re a boating enthusiast, a luxury home builder, or a buyer seeking a true trophy property, this is an unparalleled opportunity to build your dream home in a premier waterfront location.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history12 days on market
- Status: ActiveMay 6, 2026
- Listed$2,800,000May 6, 2026
- Price increased$2,800,000
Virtual Tour
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 12
- Subdivision
- Isle Of Palms 1st Add
- County
- Pinellas
- Price/sq ft
- $181
- Lot size
- 15,464 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- AE* (12103C0194H)
- Annual taxes
- $25,365 (2025)
- Parcel #
- 23-31-15-43488-003-0260
- Zoning
- RES
- MLS #
- TB8504714
Interior Details
- Direction faces
- West
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Fee Simple
Exterior & Construction
- Waterfront
- Yes
- Water access
- Yes
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Public
Listing Details
- Listing date
- 2026-05-05
- On market date
- 2026-05-06
- Original list price
- $2,800,000
- MLS area
- 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-05-06
- Tax legal description
- ISLE OF PALMS 1ST ADD BLK 3, LOTS 26 & 27
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
In Treasure Island - Gulf Boulevard to 112th (Isle of Palms) out to the fingers on Isle of Palms. 115th Avenue to 5th Street to end of the cul-de-sac.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 18, 2026 at 11:21 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA