Overview
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Description
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.
Address
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Address: 5TH
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City: TREASURE ISLAND
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State/county: Pinellas
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Zip/Postal Code: 33706
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Area: ISLE OF PALMS 1ST ADD
Details
Updated on May 19, 2026 at 5:54 am-
Property ID TB8504714
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Price $2,800,000
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Land Area 0.36 Square Feet
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Bathroom 0
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Property Status Land
Additional details
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ContractStatusChangeDate 2026-05-06
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CumulativeDaysOnMarket 12
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CurrentUse Residential
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DaysOnMarket 12
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DirectionFaces West
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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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Fencing Chain Link
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InternetAddressDisplayYN 1
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InternetAutomatedValuationDisplayYN 1
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InternetEntireListingDisplayYN 1
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ListAOR Suncoast Tampa
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ListAgentAOR Suncoast Tampa
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ListAgentEmail ttbeheshti@aol.com
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ListAgentFullName Tara Beheshti
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ListAgentKey 4bda9773f221c3816663182906c537ea
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ListAgentMlsId 260014999
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ListAgentPreferredPhone 727-417-6620
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ListOfficeKey bfcb23d11b46f06429c4dc093f6f2f24
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ListOfficeMlsId 260031031
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ListOfficeName COASTAL PROPERTIES GROUP INTERNATIONAL
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ListOfficePhone 727-493-1555
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ListingContractDate 2026-05-05
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ListingKey 1c1d11357236a545aadbb92079fa3146
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LotFeatures Cul-De-Sac
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LotSizeArea 15464
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LotSizeDimensions 110 x 208
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LotSizeSquareFeet 15464
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MLSAreaMajor 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
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MlsStatus Active
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ModificationTimestamp May 19, 2026 at 03:21am
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OnMarketDate 2026-05-06
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OriginalEntryTimestamp May 6, 2026 at 03:47pm
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OriginalListPrice 2800000
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OriginatingSystemKey stellar
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OriginatingSystemName Stellar MLS
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Ownership Fee Simple
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ParcelNumber 233115434880030260
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PhotosChangeTimestamp May 19, 2026 at 01:50am
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PhotosCount 40
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PostalCode 33706
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PostalCodePlus4 3012
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RoadFrontageType Street Paved, City Street
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RoadSurfaceType Paved
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Sewer Public Sewer
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SourceSystemKey 789554188
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SpecialListingConditions None
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StateOrProvince FL
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StatusChangeTimestamp May 6, 2026 at 03:47pm
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StreetDirSuffix E
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StreetName 5TH
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StreetNumber 11050
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StreetNumberNumeric 11050
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StreetSuffix STREET
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TaxAnnualAmount 25364.68
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TaxBlock 3
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TaxBookNumber 38-62
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TaxLegalDescription ISLE OF PALMS 1ST ADD BLK 3, LOTS 26 & 27
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TaxLot 26
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TaxYear 2025
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Utilities Public
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View Water
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WaterSource Public
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WaterfrontFeatures Bay/Harbor, Intracoastal Waterway
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Zoning RES
Features
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