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 56×129 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.
Property Details
Price:
$699,900
MLS #:
TB8312755
Status:
Active
Beds:
3
Baths:
2
Address:
11405 3RD STREET E
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
ISLE OF PALMS
Neighborhood:
33706 – Pass a Grille Bch/St Pete Bch/Treasure Isl
City:
TREASURE ISLAND
Listed Date:
Oct 20, 2024
State:
FL
Finished Sq Ft:
1,614
Total Sq Ft:
1,614
ZIP:
33706
Lot Size:
7,083 sqft / 0.16 acres (approx)
Year Built:
1956
Schools
Elementary School:
Azalea Elementary-PN
Middle School:
Azalea Middle-PN
High School:
Boca Ciega High-PN
Interior
Appliances
Exhaust Fan, None
Bathrooms
2 Full Bathrooms
Cooling
Central Air, Wall/ Window Unit(s)
Flooring
Terrazzo, Tile
Heating
Wall Units / Window Unit
Laundry Features
Inside
Exterior
Architectural Style
Ranch
Community Features
Waterfront
Construction Materials
Block
Exterior Features
Sprinkler Metered
Parking Features
Driveway
Roof
Shingle
Financial
Tax Year
2023
Taxes
$10,829
Map
Community
- Address11405 3RD STREET E TREASURE ISLAND FL
- SubdivisionISLE OF PALMS
- CityTREASURE ISLAND
- CountyPinellas
- Zip Code33706
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Courtesy of LPT REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
11405 3RD STREET E
TREASURE ISLAND, FL
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