11755 1st Street E Treasure Island, FL 33706
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
INCREDIBLE INCOME PRODUCING POTENTIAL! Unique opportunity to own this TREASURE ISLAND WATERFRONT BEACH DUPLEX with large dock with room for docking 3 boats. 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! MAXIMIZE $$ REVENUE with short-term nightly or weekly vacation rentals or with longer-term rentals! This property currently has RFM-30 Zoning (Resort Facilities Medium) that allows for short-term rentals (nightly!) with no restrictions on changes of occupancy meaning there are NO minimum or maximum lengths of time for occupancy. It can be for one day, a few days, weeks, or months. On Treasure Island this is extremely rare! Take advantage of this investment and income opportunity with ideal zoning to boosts to your income potential. Savvy investors can live in one apartment and lease the second apartment short or long term. These 2 units are located on one of the most sought-after beach communities in Pinellas County and on the Gulf Coast, Treasure Island! Panoramic views of the waterway from each unit. Located just 1 block to the sand with miles of the Gulf of Mexico shoreline to wander. 71 feet of of waterfront on the Intracoastal Waterway with easy access to John's Pass. The perfect property for boaters. 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. Enjoy a relaxing waterfront courtyard surrounded by tropical plants, citrus bushes, and palms. 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!
|7 hours ago||Listing updated with changes from the MLS|
|7 days ago||Status changed to Pending|
|2 weeks ago||Status changed to Active|
|2 weeks ago||Status changed to Pending|
|4 months ago||Listing first seen online|