Treasure Island, FL 33706,11295 3RD ST E
$1,300,000
$1,300,000
Est.Price: ?

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2,669 SqFt

11295 3RD ST E Treasure Island, FL 33706

Est. payment /mo
SOLD DATE : 05/03/2022

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Key Details

Sold Price $1,300,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,669 sqft

Price per Sqft $487

Subdivision Isle Of Palms

MLS Listing ID U8155380

Sold Date 05/03/22

Construction Status Financing,Inspections

HOA Y/N No

Year Built 1957

Annual Tax Amount $8,268

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 52' x 130'

Property Description

Turnkey, waterfront multi-family (5-unit) property in the desirable Isle of Palms neighborhood of Treasure Island. One of the widest canals on all the beaches with great, open water views! The property offers 5 clean apartments with tile flooring throughout. Enjoy an easy walk to the local beaches and the neighborhood park. Building offers a 2-bed/1-bath unit with spectacular views, two (2) 1-bed/1-bath units, and two (2) efficiencies (both will remain vacant until property sells). The building could easily be converted to consist of three (3) 2-bed units if desired. Additionally, the property offers a boat/fishing dock (2005), on-site laundry, adequate parking and newer seawall cap (2005). Roof redone in 2017 and most windows/doors are now hurricane impact. All units are individually metered for electric. All existing tenants are month to month. Great value-add property with below market rental rates in place and strategic cosmetic updating. Great investment property or occupy a unit for yourself and let the tenants pay your mortgage. Cash flow and land bank scarce waterfront asset in booming area of Florida = win/win!

Location

State FL

County Pinellas

Community Isle Of Palms

Zoning RM-15

Direction E

Interior

Interior Features Window Treatments

Heating Wall Units / Window Unit

Cooling Wall/Window Unit(s)

Flooring Tile

Fireplace false

Appliance Range, Refrigerator

Laundry Laundry Room, Outside

Exterior

Exterior Feature Sidewalk, Storage

Parking Features Off Street

Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Street Lights, Water Connected

Waterfront Description Canal - Saltwater

View Y/N 1

Water Access 1

Water Access Desc Bay/Harbor,Canal - Saltwater,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway

View Water

Roof Type Built-Up

Attached Garage false

Garage false

Private Pool No

Building

Lot Description FloodZone, City Limits, Level, Near Marina, Sidewalk, Paved

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Concrete

New Construction false

Construction Status Financing,Inspections

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Special Listing Condition None

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Stellar MLS
Listed by BARKETT REALTY
Bought with BARKETT REALTY

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agent

Jeannette Echevarria

Team Owner | License ID: 3066418

+1(407) 962-6932

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