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11155 2nd Street E
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PRICED AT ONLY: $500,000

Address: 11155 2nd Street E, TREASURE ISLAND, FL 33706

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 Johns 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 youre seeking a smart coastal investment or a lifestyle property with built in income, this duplex delivers location, flexibility, and classic Treasure Island charm.

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  • MLS#: TB8468928 ( Residential Income )
  • Street Address: 11155 2nd Street E
  • Viewed: 11
  • Price: $500,000
  • Price sqft: $517
  • Waterfront: No
  • Year Built: 1956
  • Bldg sqft: 967
  • Bedrooms: 2
  • Total Baths: 2
  • Days On Market: 87

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 Johns 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 youre seeking a smart coastal investment or a lifestyle property with built in income, this duplex delivers location, flexibility, and classic Treasure Island charm.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Awning(s), Fence, Private Mailbox, Private Yard, Rain Gutters, Storage
  • Flooring: Ceramic Tile
  • Living Area: 926.00
  • Other Structures: Shed(s)
  • Roof: Concrete, Shingle
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: Flood Insurance Required, FloodZone, City Limits, Landscaped, Near Marina, Near Public Transit, Paved
School Information
  • High School: Boca Ciega High-PN
  • Middle School: Azalea Middle-PN
  • School Elementary: Azalea Elementary-PN
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Circular Driveway, Driveway, On Street
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air, Mini-Split Unit(s)
  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Electricity
Other Features
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo
  • Legal Description: ISLE OF PALMS BLK D, LOT 22
  • Levels: One
  • Area Major: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
  • Occupant Type: Tenant
  • Parcel Number: 23-31-15-43470-004-0220
  • Possession: Close Of Escrow
  • Views: 11
Nearby Subdivisions
Herrons Sub 6   Isle Of Palms   Sawyer Harrells Add   Sunset Beach   Treasure Island City Of  
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Best opportunity around! Do you want help with remodeling this Duplex? Check out the Pinellas Recover for Landlords. What investment today offers 10%+ CAP rate! NEW PRICE ALERT...Reduced to its

  1. Request Information
  1. Bedrooms: 4
  2. Baths: 2
  3. Approx. 1730 sqft
  1. MLSID: TB8337590
  2. Provided by EXP REALTY LLC
  3. Contact Valerie McClary
  4. mfrmls
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