
Residential Land for Sale in Treasure Island, Florida
11050 5th St E, Treasure Island, FL 33706
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.
Location
- Street address
- 11050 5th St E
- County
- Pinellas County
- Community
- Isle of Palms 1st Add
- Elevation
- 2 feet
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.
Property details
- Lot size
- 0.36 acres15,682 sq ft
- Zoning
- RES
- MLS #
- MFRMLS TB8504714
- Posted
Property taxes
- 2025
- $25,365
Parcels
- 23-31-15-43488-003-0260
Legal description
ISLE OF PALMS 1ST ADD BLK 3, LOTS 26 & 27
Details and features
Listing
- Type
- Land
Lot
- Waterfront
- Waterfront
- Features
- Dock
Exterior
- Fencing
- Fenced
- Features
- Fencing, Paved
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 6, 2026 | New listing | $2,800,000 | — | MFRMLS |