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PRICE $2,450,000 dsIDX morgage calculator
BEDS 5
BATHS 4
HOME SIZE 4,082 sqft
LOT SIZE 8,277 sqft

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.

DAYS ON MARKET 215 LAST UPDATED 3/5/2026
TRACT CAPRI ISLE SUB YEAR BUILT 1998
COMMUNITY 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl GARAGE SPACES 4.0
COUNTY Pinellas STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Azalea Elementary-PN
Jr. High School Azalea Middle-PN
High School Boca Ciega High-PN

PRICE HISTORY
Prior to Oct 13, '25 $2,590,000
Oct 13, '25 - Jan 10, '26 $2,540,000
Jan 10, '26 - Mar 5, '26 $2,490,000
Mar 5, '26 - Today $2,450,000


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator
AREA 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
CONSTRUCTION Block, Vinyl Siding, Wood Siding
EXTERIOR Dock
FIREPLACE Yes
GARAGE Yes
HEAT Central
INTERIOR Cathedral Ceiling(s), Crown Molding, Eat-in Kitchen, High Ceilings, Stone Counters, Walk-In Closet(s)
LOT 8276 sq ft
LOT DESCRIPTION Paved, Waterfront
LOT DIMENSIONS 70x120
PARKING Garage Door Opener, Oversized, Tandem, Attached
POOL Yes
POOL DESCRIPTION Gunite, Heated, In Ground, Salt Water, Private
SEWER Public Sewer
STORIES 3+
SUBDIVISION CAPRI ISLE SUB
TAXES 17976.16
UTILITIES Cable Available, Cable Connected, Electricity Connected, Propane, Sewer Connected, Water Connected
VIEW Yes
VIEW DESCRIPTION Canal, Water, Pool
WATER Public
WATERFRONT Yes
WATERFRONT DESCRIPTION Canal Front
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 11700 5TH STREET E
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Listing provided by Gina Johnson, WATERFRONT REALTY TAMPABAY, 727-320-9283
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 3/18/26 9:09 PM PDT.

This IDX solution is (c) Diverse Solutions 2026.