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$650,000

Est. payment - /mo

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3 BD

2 BA

1,078 SqFt

Price Dropped by $49K

11405 3RD ST E Treasure Island, FL 33706

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Bent Danholm

bent@maximrealtors.com +1(407) 288-0704

UPDATED:

10/30/2024 05:57 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,078 sqft

Price per Sqft $602

Subdivision Isle Of Palms

MLS Listing ID TB8312755

Bedrooms 3

Full Baths 2

HOA Y/N No

Originating Board Stellar MLS

Year Built 1956

Annual Tax Amount $10,829

Lot Size 6,969 Sqft

Acres 0.16

Property Description

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 56x129 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.

Location

State FL

County Pinellas

Community Isle Of Palms

Direction E

Interior

Interior Features Ceiling Fans(s), L Dining, Living Room/Dining Room Combo, Thermostat, Window Treatments

Heating Wall Units / Window Unit

Cooling Central Air, Wall/Window Unit(s)

Flooring Terrazzo, Tile

Furnishings Unfurnished

Fireplace false

Appliance Exhaust Fan, None

Laundry Inside

Exterior

Exterior Feature Sprinkler Metered

Garage Driveway

Garage Spaces 1.0

Utilities Available Electricity Available, Public, Sewer Available, Sprinkler Meter

Waterfront true

Waterfront Description Intracoastal Waterway

View Y/N Yes

Water Access Yes

Water Access Desc Bay/Harbor

View Water

Roof Type Shingle

Parking Type Driveway

Attached Garage true

Garage true

Private Pool No

Building

Lot Description Flood Insurance Required, FloodZone, City Limits, Level, Paved

Story 1

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Architectural Style Ranch

Structure Type Block

New Construction false

Schools

Elementary Schools Azalea Elementary-Pn

Middle Schools Azalea Middle-Pn

High Schools Boca Ciega High-Pn

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

Listed by LPT REALTY

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Bent Danholm

Broker | License ID: BK3590420

+1(407) 288-0704

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11405 3RD ST E Treasure Island, FL 33706

Bent Danholm

Key Details

Location

Interior

Exterior

Building

Schools

Others

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11405 3RD ST E