11700 5TH STREET E STOP AND LOOK AT THAT VIEW!   Now imagine that's yours, every single evening, from the top-floor terrace of your own Key West–style waterfront estate, watching the Gulf light up in burnt orange and gold. This is not a lifestyle you rent. This is one you own.THE ONLY ELEVATED, TRUE 5-BEDROOM WATERFRONT HOME ON THE BARRIER ISLANDS UNDER 2.3M!ON THE WATER. Deep saltwater canal. Direct Gulf access through John's Pass — zero low bridges. 20, 000 lb lift. Updated composite dock with power and water. Open water in minutes. This is a real boater's home, not a "waterfront" with a view of someone's backyard.INSIDE THE HOME. 4, 000+ SF open and airy — built for entertaining. Chef's kitchen. Game room. Dedicated office. 4-car tandem garage. Heated saltwater pool surrounded by a lush waterfront oasis. The entire third floor? Your primary suite — private, spa-inspired, with its own terrace above the water.DONE. ALL OF IT. New metal roof (2019). Two new AC systems (2019). Two new water heaters (2022). Fresh exterior paint (2023). New pool pump and salt generator (2025). The sellers didn't just maintain this home — they upgraded it. Pack your bags.WHERE YOU ARE. Minutes to the Gulf. Minutes to the white sand of Treasure Island and St. Pete Beach. Close to world-class dining, nightlife, and the electric energy of downtown St. Pete. All of it — no HOA.The sellers are motivated, the home is immaculate, and there is nothing else like this available at this price — not here, not on these islands. The moment you walk onto that sunset terrace, you'll know. The only question is whether someone else gets here first.