11215 3RD ST E

$1,200,000

4Bedrooms
3Bathrooms
2,428Sq Ft
1958Year Built
N/AGarage
22Days on Market
0.11 acLot Size

Treasure Island Waterfront WITH OWNER FINANCING !!! 3 unit building that can accommodate 2 large vessels, deep water canal with direct access to the Gulf of America, Large Back Owners quarters with 2 good sized bedrooms, updated bath, updated Kitchen with Stainless Appliances and eat in area, Primary bedroom with French doors to large back screened porch with wonderful calming views of the water. Front Unit 2 and Unit 3 are long term tenants. Both units have updated kitchens and flooring. Fresh Sherwin Williams exterior paint. All 3 units are on separate electric panels, owner pays water and sewer. Current owner has previously lived in back unit for 6 years and part time stays there now. Live in the back owners quarters and have rental income from the front 2 units, and keep the sailboat or yacht in your back yard. Rent the back unit out part time and stay when you want. Back owners' quarters is fully furnished and everything stays so all you need is your toothbrush and clothes. Unit 3 upstairs is 650 sq. ft. with large bedroom, great water views from kitchen and living room. Downstair unit 2 is smaller with long term tenant (10 years) who is the eyes and ears of the place. There are 5 or 6 parking spots out front. Across from City Park and 5 minute walk to the Gorgeous Treasure Island Beach!!! Also a short walk to many great restaurants and nightly entertainment. Solid CBS construction Building with updated electric panels, Hurricane shutters, under concrete stairs to unit 3 is plenty of storage, also back yard shed for storage. Roof is 2018. Unit 1 has never central A/C and Units 2 and 3 have newer wall A/C. Solid 50 foot long Dock with water and electric for the boats. This is a very relaxing place to live. Back porch has power for a Hot Tub if desired. Large back paver patio and deck for launching the kayaks, paddle boards or fishing with cutting table. Floating Dock will convey with property ( My Robalo will not, sorry!) My previous 17 foot Robalo fit nicely on the reworked Davits. Owner is Listing Broker and will consider owner financing with 300,000 down, 6.5 interest, 30 year amortization with 7 year ballon payment. Very unique property for Treasure Island with quite the Upside Potential!!!

Facts & Features

MLS #
MFRTB8543874
PRICE
$1,200,000
STATUS
Active
BEDROOMS
4
BATHROOMS
3
FULL BATHS
N/A
HALF BATHS
N/A
SQUARE FOOTAGE
2,428 sqft
ACRES
0.11
YEAR BUILT
1958
TYPE
Triplex
STYLE
N/A

Amenities

AMENITIES
N/A
PARKING
N/A
VIEW
No
WATERFRONT
Yes
POOL
No

Exterior

STYLE
N/A
CONSTRUCTION
Block, Concrete
FOUNDATION
Slab
ROOF
Shingle
FENCING
N/A
LOT DESCRIPTION
Paved, Flood Insurance Required

Additional Information

DATE LISTED
August 31, 2026
DAYS ON MARKET
22
ZONING
N/A
DIRECTION FACES
N/A
NEW CONSTRUCTION
No
SPECIAL CONDITIONS
None

Community Information

ADDRESS
11215 3RD ST E
SUBDIVISION
Isle Of Palms
CITY
Treasure Island
COUNTY
Pinellas
STATE
FL
ZIP CODE
33706
SENIOR COMMUNITY
No

Interior

INTERIOR FEATURES
Ceiling Fans(s), Open Floorplan, Living Room/Dining Room Combo, Stone Counters, Thermostat, Window Treatments
HEATING
Central, Electric
COOLING
Central Air, Wall/Window Unit(s)
FLOORING
Ceramic Tile, Vinyl
FIREPLACE
N/A
STORIES
N/A
APPLIANCES
Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Washer, Electric Water Heater, Range

School Information

DISTRICT
N/A
ELEMENTARY
N/A
MIDDLE
N/A
HIGH
N/A

Location

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