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11155 2ND STREET E, Treasure Island, FL, 33706 | $500,000
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.
Features
- Bedrooms: 2
- Units: 2
- Lot Size: 50 x 72
- Laundry: Laundry Closet, Outside
- Year Built: 1956
- Garage: Circular Driveway, Driveway, On Street
- Heating: Central, Heat Pump
- Cooling: Central Air, Mini-Split Unit(s)
- Approx Sq. Feet: 926
- Acreage: 0.07
- Lot Size: 50 x 72
- Est. Taxes: $5,832
- Lot Desc: Flood Insurance Required, FloodZone, City Lot, Landscaped, Near Marina, Near Public Transit
- Elem. School: Azalea Elementary-PN
- Middle School: Azalea Middle-PN
- High School: Boca Ciega High-PN
- Appliances: Dryer, Microwave, Range, Refrigerator, Washer
- Lease Terms: 12 Months
- MLS#: TB8468928
- Days on Market: 43 days
- Website: https://www.raveis.com
/prop/TB8468928/111552ndstreete_treasureisland_fl?source=qrflyer
Listing courtesy of HOMESCENE REALTY Phone: 727-877-5020
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
11155 2ND STREET E, Treasure Island, FL, 33706
$500,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $400,000 | $400,000 | $400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.345% | 6.533% | 5.783% |
| Monthly Tax Payment | $486 | $486 | $486 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,366 | $2,495 | $3,266 |
| Total Monthly Payment | $2,944 | $3,073 | $3,844 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388