11155 2ND STREET E, Treasure Island, FL, 33706
2 beds
1956
926 sqft
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.
Status:
Active
Type:
Multi-family
Furnished Remarks:
Unfurnished
Laundry Remarks:
Laundry Closet, Outside
Units:
2
Subdivision:
ISLE OF PALMS
Garage:
Circular Driveway, Driveway, On Street
Heating:
Central, Heat Pump
Cooling:
Central Air, Mini-Split Unit(s)
Lot Size:
50 x 72
Acreage:
0.07
Est. Taxes:
$5,832
Construction
Block, Stucco
Utilities
Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
Lot Description:
Flood Insurance Required, FloodZone, City Lot, Landscaped, Near Marina, Near Public Transit
Elementary School:
Azalea Elementary-PN
Middle School:
Azalea Middle-PN
High School:
Boca Ciega High-PN
Days on Market:
43
Appliances:
Dryer, Microwave, Range, Refrigerator, Washer
Lease Term Type:
12 Months
MLS #:
TB8468928
Community Info
School Info
Walk Score
Yelp
Listing courtesy of HOMESCENE REALTY 727-877-5020