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11855 1st Street E
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PRICED AT ONLY: $1,500,000

Address: 11855 1st Street E, TREASURE ISLAND, FL 33706

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 Johns 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. Theres 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 boaters delight with protected deep water and a very short run out to the Gulf through world famous Johns 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 wont last long!

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  • MLS#: TB8402631 ( Land )
  • Street Address: 11855 1st Street E
  • Viewed: 22
  • Price: $1,500,000
  • Price sqft: $0
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Canal - Saltwater
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 23

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 Johns 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. Theres 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 boaters delight with protected deep water and a very short run out to the Gulf through world famous Johns 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 wont last long!
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Fencing: Partial, Vinyl
  • Living Area: 0.00
  • Other Structures: Other
Land Information
  • Lot Features: Buildable, Compact Soil, Corner Lot, Curb and Gutters, Flood Plain/Bottom Land, City Limits, Landscaped, Level, Street Lights, Paved
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Pets Allowed: Yes
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Public, Sewer Available, Water Available
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Current Use: Mixed Use
  • Legal Description: Treasure Island, City of 2nd Add. Lot 1 & Rip. Rts.
  • Area Major: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
  • Parcel Number: 31-15-23-91872-000-0010
  • Possession: Close Of Escrow
  • View: Water
  • Views: 22
  • Zoning Code: RFM-30
Nearby Subdivisions
Capri Isle   Coney Island   Harrells T W   Herrons Sub 1   Herrons Sub 6   Isle Of Palms   Isle Of Palms 1st Add   Isle Of Palms 2nd Add   Olcottkelley Sub   Paradise Island   Paradise Island 1st Add   Paradise Island 2nd Add   Paradise Island 2nd Add Pt 3   Paradise Island 5th Add   Reuer Sub   Sawyer Harrells Add   Sunset Beach   Treasure Island City Of  
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