Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Duplex |
| Bedrooms: | 2 BR |
| Bathrooms: | 2 |
| Lot Size: | 0.1 Acres |
Financials
Price:$500,000
Annual Taxes:$5,831.56
Listing Courtesy of HOMESCENE REALTY
Income Producing Treasure Island Duplex Walk to Beach, Parks, Dining Shops Welcome to 11155 2nd St E, Treasure Island a charming and versatile coastal duplex perfectly positioned just a short ...
Description
Income-Producing Treasure Island Duplex | *Walk to Beach*, Parks, Dining & Shops
Welcome to **11155 2nd St E, Treasure Island** a charming and versatile coastal duplex perfectly positioned just a short stroll to the sand, local parks, restaurants, and shops, offering the ideal blend of lifestyle and income potential.
This flexible property is ideal for both investors and owner-occupants, allowing you to live in one unit and rent the other, or maximize returns by renting both units.
Front Unit (2BR/1BA):
Bright and inviting with abundant natural light, a cute private deck, and a dedicated laundry closet.
A 12-month lease is currently in place for the front unit, providing immediate income and giving a new owner time to find the right tenant, plan a personal move-in, or reposition the property strategically while collecting rent.
Rear Unit:
Features a private entrance, its own private deck, and a storage shed. The layout is efficient and functional with kitchen appliances and generous closet space, making it perfect for long-term tenancy, seasonal use, or as a mortgage-supplementing rental while the owner occupies the front unit.
Location Perks That Drive Demand
Residents and tenants alike enjoy proximity to:
• Treasure Island Beach Trail, ideal for walking, biking, and enjoying Gulf sunsets
• Treasure Island Community Center & Park, offering green space and community amenities
• Treasure Bay Golf, Tennis & Pickleball, a premier waterfront recreational hub
• John’s Pass Village & Boardwalk, featuring 100+ shops, restaurants, and water activities
Property Highlights & Recent Updates
• Separate water and electric meters for each unit
Circular driveway providing valuable off-street parking
Recent capital improvements, including:
New roof installed late 2023
• Cement shingle roof section installed in 2021
• Central AC in one unit
• Brand-new ductless mini-split system installed in the other unit (2025)
• New lower kitchen cabinets and appliances installed in 2025
Additional Notes
• Tenant-occupied — Please do not disturb tenants
• Showings require 24-48 hour notice
• Buyer to verify local short-term rental (STR) regulations
• Pre-qualified buyers only, please
Whether you’re seeking a smart coastal investment or a lifestyle property with built-in income, this duplex delivers location, flexibility, and classic Treasure Island charm.
Amenities
- Aluminum Frames
- Awnings
- Blinds
- Cable - Available
- Ceiling Fans(S)
- City Limits
- Dryer
- Eat-in Kitchen
- Electricity Connected
- Fence
- Flood Insurance Required
- FloodZone
- Kitchen Family Room Combo
- Landscaped
- Microwave
- Near Marina
- Near Public Transit
- Paved
- Private Mailbox
- Private yard
- Public
- Rain Gutters
- Range
- Refrigerator
- Sewer Connected
- Shades
- Smoke Detectors
- Storage
- Washer
- Water Connected
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.