11050 5TH STREET E

$ 2,800,000

Overview

  • Updated On:
  • May 9, 2026
  • 0 Bathrooms
  • TB8504714 MLS ID

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.

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.

Listing updated: May 9, 2026 at 08:24pm

Listed by Realtor: Tara Beheshti

Listed by office:  COASTAL PROPERTIES GROUP INTERNATIONAL

Source: Stellar MLS

Amenities and Features

Other Features
Has a View
Has Waterfront

Map

Property Address

Address: 11050 5TH STREET E
State/County:
Zip: 33706
Country: US

Property Details

Property Id: 2258529
Price: $ 2,800,000
Property Lot Size: 0 ft2
ContractStatusChangeDate: 2026-05-06
CumulativeDaysOnMarket: 3
CurrentUse: Residential
DaysOnMarket: 3
DirectionFaces: West
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.
Fencing: Chain Link
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetEntireListingDisplayYN: 1
ListAOR: Suncoast Tampa
ListAgentAOR: Suncoast Tampa
ListAgentEmail: ttbeheshti@aol.com
ListAgentFullName: Tara Beheshti
ListAgentKey: 4bda9773f221c3816663182906c537ea
ListAgentMlsId: 260014999
ListAgentPreferredPhone: 727-417-6620
ListOfficeKey: bfcb23d11b46f06429c4dc093f6f2f24
ListOfficeMlsId: 260031031
ListOfficeName: COASTAL PROPERTIES GROUP INTERNATIONAL
ListOfficePhone: 727-493-1555
ListingContractDate: 2026-05-05
ListingId: TB8504714
LivingAreaUnits: Square Feet
LotFeatures: Cul-De-Sac
LotSizeArea: 15464
LotSizeDimensions: 81 x 111
LotSizeSquareFeet: 15464
LotSizeUnits: Square Feet
MLSAreaMajor: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
MlsStatus: Active
Last Modified: May 9, 2026 at 08:24pm
OnMarketDate: 2026-05-06
OriginalEntryTimestamp: May 6, 2026 at 03:47pm
OriginalListPrice: 2800000
OriginatingSystemKey: stellar
OriginatingSystemName: Stellar MLS
Ownership: Fee Simple
ParcelNumber: 233115434880030260
PhotosChangeTimestamp: May 9, 2026 at 08:25pm
PhotosCount: 2
PostalCodePlus4: 3012
RoadFrontageType: Street Paved,City Street
RoadSurfaceType: Paved
Sewer: Public Sewer
SourceSystemKey: 789554188
SpecialListingConditions: None
StateOrProvince: FL
StatusChangeTimestamp: May 6, 2026 at 03:47pm
StreetDirSuffix: E
StreetName: 5TH
StreetNumber: 11050
StreetNumberNumeric: 11050
StreetSuffix: STREET
TaxAnnualAmount: 25364.68
TaxBlock: 3
TaxBookNumber: 38-62
TaxLegalDescription: ISLE OF PALMS 1ST ADD BLK 3, LOTS 26 & 27
TaxLot: 26
TaxYear: 2025
Utilities: Public
View: Water
WaterSource: Public
WaterfrontFeatures: Bay/Harbor,Intracoastal Waterway
Zoning: RES

Payment Calculator

$ 14,356.15
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 10,856.15

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