$1,550,000
SOLD JAN 22, 2025

11050 7th St E Treasure Island, FL 33706

4 Beds
3 Baths
2,494 Sq Ft
0.26 Acres

Recently Sold

$621 Per Sq Ft

21% Below List Price

30 Days on Market

Highlights

  • 166 Feet of Bay Harbor Waterfront
  • Dock has access to electricity
  • Boat Lift
  • White Water Ocean Views
  • Access To Intracoastal Waterway
  • In Ground Pool

About This Home

As of January 2025

Attention boaters! Here is your chance to own one of the most coveted waterfront properties on the Isle of Palms in Treasure Island. Nestled on .26 acres of prime real estate this sprawling waterfront lot (166ft) offers breathtaking views and direct access to Boca Ceiga Bay and the Gulf. A BRAND NEW sea wall and dock were installed just a few months ago! The dock was completely redesigned and expanded in 2024 made of Wear Deck composite and extra wide for ease and entertaining. The dock comes with 2 lifts - a brand new Neptune with 16,000lb capacity, a ski jet lift AND a place to launch your kayak. The existing home has sustained significant damage from Helene and Milton and so being sold AS IS, with no warranties - cash offers only. While the structure needs considerable repairs or potential replacement, the land itself remains an exceptional canvas for your dream home. Located just off Gulf Blvd on Treasure Island, it is less than a 5 minute drive to the beach, restaurants and shopping.

Last Agent to Sell the Property

Nadine Darling

RE/MAX PREFERRED Brokerage Phone: 727-367-3636 License #3456122 Listed on: 10/23/2024

RE/MAX PREFERRED

Last Buyer's Agent

Angela Julian

CHARLES RUTENBERG REALTY INC License #3301225

CHARLES RUTENBERG REALTY INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,312

Year Built

  • Built in 1964

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 120x115
  • 166 Feet of Bay Harbor Waterfront
  • Property fronts an intracoastal waterway
  • Southwest Facing Home
  • Mature Landscaping
  • Street paved with bricks

Parking

  • 2 Car Attached Garage

Home Design

  • Midcentury Modern Architecture
  • Fixer Upper
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,494 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Living Room
  • Terrazzo Flooring
  • White Water Ocean Views
  • Storm Windows
  • Laundry Room

Kitchen

  • Range
  • Stone Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Seawall
  • Boat Lift
  • Dock has access to electricity
  • Dock made with Composite Material
  • Private Mailbox

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Flood Zone Lot

Community Details

  • No Home Owners Association
  • Isle Of Palms 2Nd Add Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,312

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mid-Century Modern
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2494
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1964
  • Building Area Total: 2494
  • Lot Size Sq Ft: 11247
  • Status: Sold
  • Street Post Direction: E
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 231.70
  • Escrow City: Clearwater
  • Escrow State: FL
  • Escrow Street Name: US Highway 19 N Suite 100
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 621.49
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Composite,Dock w/Electric,Lift
  • MFR_DockYN: 1
  • MFR_DockMaintenanceFee: 0
  • MFR_DockMaintenanceFeeFrequency: N/A
  • Attribution Contact: 727-367-3636
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo
  • Full Bathrooms: 3
  • Interior Amenities: Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 1
  • Window Features: Storm Window(s)
  • Living Area Meters: 231.70

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: In Ground
  • Exterior Features: Private Mailbox, Sliding Doors
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: BOCA CEIGA BAY
  • Waterfront: Yes
  • Road Surface Type: Brick
  • Water Access: Bay/Harbor,Intracoastal Waterway
  • Water Extras: Lift,Seawall - Concrete
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 166
  • Additional Water Information: Brand new concrete 2024 Sea Wall. Brand New Wear Deck extra wide dock with 2 lifts - one 16,000 lb Neptune & ski jet lift
  • Water Frontage Feet Bay Harbor: 166

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Sprinkler Recycled, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Parcel Number: 23-31-15-43506-005-0260
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Lot Dimensions: 120x115
  • Flood Zone Code: AE

Green Features

  • Green Water Conservation: Irrigation-Reclaimed Water

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Check with city of Treasure Island for current lease restrictions

Tax Info

  • Tax Annual Amount: 13312.44
  • Tax Block: 5
  • Tax Book Number: 39-28
  • Tax Lot: 26

Multi Family

  • Waterfront Features: Bay/Harbor, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Sep 28, 2023
Sold by
Ericksen John P and Ericksen Elizabeth Ann
Bought by
Rudow David M and Rudow Leslie J
Seller's Agent
Barb Adams
COASTAL PROPERTIES GROUP
Buyer's Agent
Nadine Darling
RE/MAX PREFERRED
List Price
$2,250,000
Sold Price
$2,300,000
Premium/Discount to List
$50,000
2.22%
Views
11
Current Estimated Value
$2,296,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,569
Avg. Annual Appreciation
-0.07%

Purchase Details

Closed on
Aug 29, 2011
Sold by
Remus Patrick L and Remus Denise R
Bought by
Ericksen John P and Ericksen Elizabeth Ann

Purchase Details

Closed on
Oct 31, 2007
Sold by
Myers Mildred M
Bought by
Remus Patrick L and Remus Denise R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,000
Interest Rate
5.87%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,300,000 Platinum National Title
Warranty Deed $750,000 Bankers Title
Warranty Deed $815,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $715,000 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2025 01/22/25 Sold $1,550,000 -20.5% $621 / Sq Ft
11/22/2024 11/22/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $1,950,000 -15.2% $782 / Sq Ft
09/28/2023 09/28/23 Sold $2,300,000 +2.2% $922 / Sq Ft View Prior Sale
08/17/2023 08/17/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $2,250,000 -- $902 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $36,225 $1,435,809 $1,227,655 $208,154
2024 $13,312 $2,285,164 $1,837,185 $447,979
2023 $13,312 $850,043 $0 $0
2022 $12,996 $825,284 $0 $0
2021 $13,252 $801,247 $0 $0
2020 $13,110 $790,184 $0 $0
2019 $12,926 $772,418 $0 $0
2018 $12,663 $758,016 $0 $0
2017 $12,533 $742,425 $0 $0
2016 $12,475 $727,155 $0 $0
2015 $12,711 $722,100 $0 $0
2014 $12,665 $716,369 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: TB8312710

Stellar MLS

APN: 23-31-15-43506-005-0260