11855 1st Street E, Treasure Island, FL 33706

$1,500,000
List Price
$1,500,000
Status
Active
Days on Market
15
MLS#
TB8402631
Lot Size
9,984
Acres
0.22
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Treasure Island City Of
MLS Area Major
Pass a Grille Bch/St Pete Bch/Treasure Isl

Property Description

Very rare opportunity…... This property is an excellent investment possibility or the perfect location for your future dream home! This amazing waterfront property is located just over one block from the gorgeous wide sandy beaches on the Gulf and only 8 blocks to world famous John’s Pass! This lot boasts approximately 80 feet of protected water frontage on nearly 10,000 square feet of land. There is also a large dock with a 24,000lb boat lift and an additional wet slip. For those interested in an unparalleled investment opportunity, this property is zoned RFM-30. This unrestricted zoning permits a multi-family structure of up to 4 units, with an approved variance. As an added bonus, this zoning also permits short term/tourist rental use with “no change of occupancy restrictions”. There’s more – RFM-30 also permits hotel/motel use, which would allow for a quant boutique property of up to 7 motel units, with an approved variance. This huge lot could also be the perfect space to build your own waterfront dream home. This is a boater’s delight with protected deep water and a very short run out to the Gulf through world famous John’s Pass. The options are endless on this rare property. This is one of only two waterfront lots currently available on Treasure Island with RFM-30 zoning and a short walk to the beach! While the previous single-family home has already been meticulously removed, there is a garage remaining, as well as driveway and patios. This allows you to park your boat at the large dock with lift and immediately begin enjoying your new waterfront oasis while you design your dream home or investment opportunity! This property is priced to sell and won’t last long!

Additional Information

Taxes
$17236
Location
Buildable, Compact Soil, Corner Lot, Curb and Gutters, Flood Plain/Bottom Land, City Limits, Landscaped, Level, Street Lights, Paved
Community Features
Street Lights, No Deed Restriction
Zoning
RFM-30
Utilities
Cable Available, Electricity Available, Phone Available, Public, Sewer Available, Water Available
Pool
No Pool
Fences
Partial, Vinyl
Water Extras
Boat Port, Bridges - No Fixed Bridges, Lift, No Wake Zone, Sailboat Water, Seawall - Concrete
Water View
Bay/Harbor - Partial, Canal, Lagoon
Water Access
Bay/Harbor, Canal - Saltwater, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway, Marina
Water Frontage
Canal - Saltwater
Pets
Allowed
Flood Zone Code
AE
Parcel ID
31-15-23-91872-000-0010
Legal Description
Treasure Island, City of 2nd Add. Lot 1 & Rip. Rts.

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of WEICHERT REALTORS EXCLUSIVE PROPERTIES. 813-426-2669

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