Active

$2,450,000

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 | 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, golf carts, equipment, and all your waterfront toys. 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.
Financial Considerations
Price:
$2,450,000
HOA Fee:
N/A
Tax Amount:
$17976.16
Price per SqFt:
$600.2
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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