tomo logo

$4,500,000

Beds
7
Baths
5.5
sq ft
4,438

11220 5th St E, Treasure Island, FL 33706

11220 5th St E

TREASURE ISLAND, FL 33706

  • 223 days on market
Under Construction. Step into this stunning new home nestled on the Isle of Palms, right by the crystal-clear waters of Treasure Island. This waterfront modern marvel is currently in the works, boasting three stories of waterfront vistas and a prime spot close to shops and the beach. With a generous 4,438 square feet of cozy space (heated) and a total of 5,421 square feet under the roof, there's plenty of room to stretch out. Inside, discover five bedrooms and five bathrooms, including a spacious master suite complete with a walk-in closet big enough for two. Step onto one of several balconies and soak in the dual water views. Plus, bonus spaces like a media room and office add to the allure. The heart of the home is the open floor plan, where the family room, living room, and kitchen seamlessly blend together. Outside, a brand-new 50-foot composite dock awaits, capable of accommodating up to 13,000 pounds. And with no fixed bridges to the Gulf of Mexico, boating adventures are just minutes away. Less than a mile from Treasure Island's famed beaches, you're perfectly positioned to savor fresh seafood at local eateries or enjoy a fine dining experience. And with front-row seats to spectacular sunsets every evening, every day feels like a vacation. Keep an eye out for dolphins and manatees, who often grace the backyard with their presence. Don't miss out on the chance to live in luxury by the water—this home offers a slice of paradise every day!

Details

Property type

Single Family Residence

Est. home value

$1,280,634

Property condition

Under Construction
New Construction

Lot size

8,398 sq ft

Price per sq ft

$1,014

Year built

2024

Annual property taxes

$14,193.88

Price History

03/27/2024
StellarMLS

StellarMLS #T3514215

Listed
$4,500,000
+190.32%
04/06/2022
StellarMLS

StellarMLS #U8150294

Sold
$1,550,000
+134.85%
07/08/2005
StellarMLS

StellarMLS #U7115825

Sold
$660,000

Schools & Community

Neighborhood: 

Isle of Palms

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Coastal Pointe Construction Llc

Loan start date

April 2023

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

6.5%

Loan type

Not Provided

Seller

Invidia Holdings Llc and Duck 1103 Llc

Lender

Coastal Equity Group Llc

Loan start date

April 2022

Original loan amount

$2,514,645

Est. remaining balance

Not provided

Interest rate

3.92%

Loan type

Commercial

Seller

Invidia Holdings Llc and Duck 1103 Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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10209 Gulf Blvd, Treasure Island, FL 33706

Status: Active

Tomo last checked: 11/05/2024 at 9:35 AM

Listing updated: 09/04/2024 at 1:10 PM

Listed by: Antonio Taylor, KELLER WILLIAMS TAMPA CENTRAL Phone #: (813) 865-0700

MLS: StellarMLS #T3514215

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