RE/MAX PREFERRED
Melissa Shuten, RE/MAX PREFERREDPhone: (727) 643-7293
Email: [email protected]

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listing
1 of 25
Residential IncomeFor Sale
$1,175,000
11755 1ST Street E
Treasure Island, FL 33706
Courtesy of RE/MAX PREFERRED
MLS: Pinellas Suncoast
1,596Sq Ft
Est. Mortgage
$6,165/mo

INCREDIBLE INCOME PRODUCING POTENTIAL! Unique opportunity to own this TREASURE ISLAND WATERFRONT BEACH DUPLEX with docking for 2+ boats and SHORT TERM AIR BNB AND VRBO LEASING ABILITY! BUILD YOUR DREAM PROPERTY! PROPERTY ZONING ALLOWS FOR 2 USES: 3 RESIDENTIAL DWELLINGS OR 6 DWELLINGS HOTEL/MOTEL. BOAT SLIP COUNT WILL DEPEND ON USAGE YOU CHOOSE. All changes in zoning will need to be approved by City of Treasure Island Planning and Zoning Board. Outstanding location, shimmering water view and immediate access to the Gulf of Mexico! Savvy investor can live in one apartment and lease the second apartment short or long term. MAXIMIZE $$ REVENUE with weekly or nightly vacation rentals, RFM-30 Zoning (Resort Facilities Medium) on Treasure Island is extremely rare. These 2 units are located on one of the most sought-after beach communities in Pinellas County and on the Gulf Coast, Treasure Island! Located just 1 block to the sand with miles of the Gulf of Mexico shoreline to wander. This waterfront property is surrounded by newly constructed luxury $1M+ townhomes, lucrative potential for future redevelopment of this parcel. Only a limited number of these waterfront gems remain. This duplex property is set back on a deep lot along the waterfront. Solid concrete block construction and a tremendous covered front porch entry. Each unit consists of 2 bedrooms, 1 full bath, kitchen, family room/den, back covered patio on the waterfront. Hurricane rated Key West style awning windows installed 2019, island metal roof installed 2015, tankless water heater in north apartment, 2 sizable storage sheds and large dock. Sizable 13,500 LB boat lift was installed 2019. Stroll to local restaurants, shops, and nightlife. Check out the video attached to this listing!

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