Active

$2,490,000

Features:
  • 5 Bedrooms
  • 4 Bathrooms
  • 4082 sq ft
Overview
  • ID: MFRTB8418424
  • Bedrooms: 5
  • Bathrooms: 4
  • Size: 4082 sq ft
Property Details
Remarks
SIGNIFICANT PRICE REDUCTION — NOW OFFERED BELOW $2.5M | EXCEPTIONAL VALUE ON THE BARRIER ISLANDS Welcome to your waterfront coastal paradise—now at an incredible new price. This is a rare opportunity to own the only elevated, true 5-bedroom waterfront home on the barrier islands priced under $2.5M. With extensive seller upgrades already completed, this residence delivers unmatched value, luxury, and lifestyle. This remarkable 5-bedroom, 3.5-bath estate offers over 4,000 square feet of refined coastal living, seamlessly blending timeless design with modern comfort. From the moment you arrive, the coastal metal roof (2019) and grand entryway set an elegant tone that continues throughout the home. Inside, expansive living spaces are anchored by two fireplaces—one creating warmth and ambiance in the main living area, and another offering a private retreat within the primary suite. The chef’s kitchen opens effortlessly into generous dining and gathering areas, making this home ideal for hosting memorable family gatherings and sophisticated waterfront entertaining. The primary suite, completely remodeled in 2021, is a sanctuary unto itself, featuring a spa-inspired bath, private fireplace, and an exclusive top-floor terrace where breathtaking Gulf Coast sunsets become part of your daily ritual. Additional bedrooms are spacious and thoughtfully designed, complemented by a dedicated office for work-from-home ease and a game room for relaxed enjoyment. Significant system upgrades include two new air conditioning systems (2019) and two new water heaters (2022), providing peace of mind and efficiency. The exterior was freshly painted in 2023, further enhancing the home’s pristine presentation. Step outside to your private waterfront oasis. Enjoy a heated saltwater pool with a new pump installed in 2025 and salt generator, perfect for year-round enjoyment. Boaters will appreciate the 20,000 lb boat lift and updated double-sided dock, offering effortless access to the water and endless days of coastal adventure. A 4-car tandem garage provides ample space for vehicles, storage, and all your waterfront toys. Adding to the exclusivity, the boat is also available for purchase, creating a rare full-package opportunity—home and boat together—for the ultimate turnkey waterfront lifestyle. Designed for connection, celebration, and elevated coastal living, this home is equally suited for sunset soirées on the terrace, quiet mornings watching dolphins glide by, or cozy evenings by the fire. This is more than a home—it is a lifestyle, a statement, and a legacy, now available at an exceptional value in the beautiful Treasure Island community. Call today to schedule your private showing and experience this rare waterfront offering before it’s gone.
Financial Considerations
Price:
$2,490,000
HOA Fee:
N/A
Tax Amount:
$17976.16
Price per SqFt:
$610
Tax Legal Description:
CAPRI ISLE SUB BLK L, LOT 16
Exterior Features
Lot Size:
8390
Lot Features:
Flood Insurance Required, FloodZone, City Limits, Paved
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
Garage Door Opener, Ground Level, Oversized, Tandem
Roof:
Metal
Pool:
Yes
Pool Features:
Gunite, Heated, In Ground, Salt Water
Interior Features
Bedrooms:
5
Bathrooms:
4
Heating:
Central
Cooling:
Central Air
Appliances:
Built-In Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator
Furnished:
Yes
Floor:
Ceramic Tile
Levels:
Three Or More
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1998
Construction Type:
Block, Vinyl Siding, Wood Siding
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Sliding Doors
Additional Features 2:
See City Guidelines for restrictions, RU-75 -Treasure Island basis rental activity on number of occupancy changes, not duration
Map
  • Address
    11700 5TH ST E
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