11405 3rd STREET E, Treasure Island, FL 33706

$650,000 Asking Price

3 beds
2 baths
1,078  sqft
Built in 1956

Tremendous opportunity to purchase prime waterfront property in coveted Isle of Palms with instant equity. This home flooded during Hurricane Helene making it uninhabitable. However, the seller had the drywall cut 4ft high, removed all wet damaged furnishings and appliances, and has cleared all the storm debris off the property. The home was dried out by restoration contractors and new drywall, texture, and paint was just completed. While there is still a lot of work to be done there is an opportunity for the new owner to renovate the existing home or tear down for new construction development opportunity. This property features a 56x129 deep water lot which allows plenty of room for a pool to be added and has an existing permitted (2021) boat lift and dock. Local Marine specialty company built dock to according specs: construct a new 37’ dock as follows: a 4’ x 25’ walkway connected to a 12’ x 12’ head with a 3’ x 12’ pile supported lower landing on the right of the main dock with upgraded weather proof composite decking. A Neptune 10,000lbs direct drive boatlift can accommodate various size boats and enjoy breathtaking water views. The property is being sold AS-IS and CASH ONLY due to its current condition. The seller makes no warranties regarding the home’s current and future rehabilitation. Buyer’s and Buyer’s agents should perform all due diligence prior to submitting any offers. Shown by appointment only. Do not walk or tour the home without permission.


Features & Amenities

Interior

General:
Ceiling Fan(s), L Dining, Living Room/Dining Room Combo, Thermostat, Window Treatments
Appliances:
Exhaust Fan, None
Laundry:
Inside
Flooring:
Terrazzo, Tile
A/C:
true, Central Air, Wall/Window Unit(s)
Heating:
true, Wall Units / Window Unit
Disability Feature:
Accessible Approach with Ramp

Exterior

General:
Sprinkler Metered
Style:
Ranch
Parking:
Driveway

Construction

Roofing:
Shingle
General:
Block, One, Slab

Location

Road/Access:
Street Paved
Originating MLS:
Stellar MLS
County:
Pinellas

Lot

Zoning:
ISLE OF PALMS BLK F, LOT 41 & 3FT STRIP & RIP RTS, 233115434700060410
View:
Water

Utilities

Utilities:
Electricity Available, Public, Sewer Available, Sprinkler Meter
Water:
Public
Sewer:
Public Sewer

Financial

Source:
Stellar MLS

This listing courtesy of:
LPT REALTY, Ben Mitrano PA

About Saint Petersburg, FL

Housing

Number of Units
198,858
Median Home Value
$268,233
Median Rent
$1,040

34.52% of housing units are renter occupied.

14.89% are vacant.

Commute

Car
62.17%
Public Transportation
1.66%
Walk to Work
1.48%
Work from Home
32.47%
Other
1.10%

The median travel time to work is 17 minutes.

People

Population
352,896
Median Age
46.30
Median Household Size
2.36

Education

High School
25.67%
Associate’s Degree
9.20%
Bachelor’s Degree
22.93%
Graduate Degree
13.14%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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