NOT LISTED FOR SALE

11400 4th St E Treasure Island, FL 33706

Estimated Value: $1,054,000 - $1,315,000

3 Beds
2.5 Baths
2,050 Sq Ft
$559/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $1,527,000 $745 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $6,586/month

141 Days on Market

Highlights

  • 70 Feet of Salt Water Canal Waterfront
  • Access To Intracoastal Waterway
  • Intracoastal View
  • Boca Ciega High School Rated A-
  • Boat Lift
  • Above Ground Spa

About This Home

As of November 2023

Reintroduced to the market! The Sellers have secured their dream home and are eager to start the next chapter of their journey. As a result, there has been a significant reduction in price, offering you the opportunity to own a truly luxurious waterfront property crafted with the finest materials they could acquire. This exceptional home is now listed at the attractive price of $1,599,000, $300,000 below appraisal value. Don't let this chance slip away – it's exclusively for serious buyers who are poised to make a once-in-a-lifetime deal. Nestled in the heart of Treasure Island, this exquisite waterfront residence epitomizes the charm of coastal living. Boasting 70 feet of deep-water access along the grandest canal on Isle of Palms, and just a short walk from the Gulf of Mexico, this home is a true gem. Immerse yourself in the fusion of classic elegance and mid-century allure, complemented by an unexpected coastal vibe that sets this home apart. Inspired by the architectural genius of Frank Lloyd Wright, the expansive outdoor patio, complete with a butterfly roof, sleek metal beams, and pine ceilings, makes a bold statement. Entering the home, you'll be greeted by an uninterrupted 30-foot water view, a rare feature in Mid-Century waterfront homes. Meticulously renovated in 2021, 2022, and completed in 2023, this property exudes attention to detail and shares an outdoor space that belongs on the pages of a magazine. The outdoor oasis features a new gas fireplace, perfect for cozy evenings, and a one-of-a-kind vessel pit for wood fires by the water. The covered patio, complete with an oversized farm table, has hosted countless memorable gatherings, while the secluded spa area offers a private retreat overlooking the water.
Savor breathtaking western-facing sunsets with a glass of wine from the dock, where you can enjoy fishing or observe the local wildlife, including dolphins, various fish species, birds, and manatees. For boating enthusiasts, the Gulf is just minutes away, with numerous waterfront pubs allowing docking - truly a boater's paradise. Indoors, each room showcases meticulous craftsmanship, from the soaking tub in the primary bath to the marble tile in the guest bath shower. The kitchen features new stainless-steel appliances, while the living room, outdoor patio, and bunk room feature striking tongue-and-groove. No detail has been overlooked, with major updates including a New roof, with toenails (2023), imported porcelain floors from Italy (2022), extended kitchen cabinetry, quartz countertops, a new HVAC system (2020), New Hot water heater (2020), Electrical Panel (2021), New 12’ X 48’ State of the Art Custom Weather Deck Dock (2022), New Sliding glass doors (2022) and so much more. The location on Treasure Island is unbeatable, offering easy access to the Gulf, beachside eateries, and downtown St. Petersburg. John's Pass is just a mile away, and you're a short drive from both St. Pete Clearwater Airport and Tampa Airport. Flood insurance is a reasonable $2,248.00 per year and is transferable. This home also has the option to be sold fully furnished. Don't miss the opportunity to make this exceptional property your own - schedule a viewing today!

Last Agent to Sell the Property

Tina Herrell

RE/MAX METRO Brokerage Phone: 727-896-1800 License #3259215 Listed on: 05/27/2023

RE/MAX METRO

Last Buyer's Agent

Bruce Erbeck

RE/MAX METRO License #3368934

RE/MAX METRO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,745

Year Built

  • Built in 1958

Lot Details

  • 8,398 Sq Ft Lot
  • Lot Dimensions are 70x120
  • 70 Feet of Salt Water Canal Waterfront
  • Property fronts an intracoastal waterway
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • Northeast Facing Home
  • Vinyl Fence
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Garden

Property Views

  • Intracoastal
  • Canal

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,050 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Bar Fridge
  • Vaulted Ceiling
  • Insulated Windows
  • Shutters
  • Sliding Doors
  • Den
  • Inside Utility
  • High Impact Windows

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Above Ground Spa
  • Access To Intracoastal Waterway
  • Sailboat Water Access
  • Seawall
  • Minimum Wake Zone
  • Boat Lift
  • Dock made with Composite Material
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Shed
  • Outdoor Grill
  • Private Mailbox

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Electric Water Heater

Additional Features

  • Accessibility Features
  • Flood Insurance May Be Required

Community Details

  • No Home Owners Association
  • Isle Of Palms Add 01 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,745

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mid-Century Modern
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2050
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1958
  • Building Area Total: 2050
  • Lot Size Sq Ft: 8398
  • Directions to Property: Heading North on Gulf Blvd turn Right (East) on 112th Ave (Waffle House is on the corner). Stay on 112th and veer left at the park. Turn Right onto 115th Ave. 4th Street East is the first street over the body of water. Turn Right on 4th Street East and the home will be four down on the right hand side.
  • Status: Sold
  • Street Post Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: St. Petersburg
  • Escrow Postal Code: 33701
  • Escrow State: FL
  • Escrow Street Name: Second Ave
  • Escrow Street Number: 150
  • List Office Head Office Key Nume: 1048256
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 744.88
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Planned Unit Development Yn: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Marble, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Accessibility Features, Built-in Features, Eat-in Kitchen, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Vaulted Ceiling(s), Window Treatments
  • Appliances Included: Bar Fridge, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Above Ground
  • Spa Yn: Yes
  • Window Features: Impact Glass/Storm Windows, Insulated Windows, Shutters, Window Treatments
  • Street Number Modifier: 11400
  • ResoLivingAreaSource: Appraiser
  • Additional Rooms: Den/Library/Office,Inside Utility
  • Living Area Meters: 190.45
  • Room Count: 8

Exterior Features

  • Direction Faces: Northeast
  • Other Structures: Shed(s)
  • Exterior Features: Garden, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Private Mailbox, Sliding Doors, Storage
  • Roof: Membrane, Other
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Rear Porch
  • Road Surface Type: Paved
  • Disclosures: Lead Paint, Other Disclosures, Seller Property Disclosure
  • Water Access: Intracoastal Waterway
  • Water Extras: Dock - Composite,Dock w/Electric,Lift,Minimum Wake Zone,Sailboat Water,Seawall - Concrete
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 70
  • Water View: Canal,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 70

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

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

Lot Info

  • Zoning: SFR
  • Parcel Number: 23-31-15-43488-002-0050
  • Additional Parcels: No
  • Fencing: Fenced, Vinyl
  • Lot Features: Flood Insurance Required, City Limits, Street Dead-End
  • Lot Dimensions: 70X120
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 780

Green Features

  • Green Verification Count: 1

Rental Info

  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please contact the City of Treasure Island with any questions regarding Leasing.

Tax Info

  • Tax Annual Amount: 3745
  • Tax Block: 2
  • Tax Book Number: 38/62
  • Tax Lot: 5

Multi Family

  • Waterfront Features: Canal - Saltwater, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2023
Closed on
Nov 16, 2023
Sold by
Equity And Capital Management Llc
Bought by
Raschke Jill Lauren
Seller's Agent
Tina Herrell
RE/MAX METRO
Buyer's Agent
Bruce Erbeck
RE/MAX METRO
List Price
$1,599,000
Sold Price
$1,527,000
Premium/Discount to List
-$72,000
-4.5%
Views
149
Current Estimated Value
$1,145,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$381,561
Avg. Annual Appreciation
-12.51%
Original Mortgage
$627,000
Outstanding Balance
$618,793
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$588,177

Purchase Details

Closed on
Mar 13, 2023
Sold by
Herrell Anthony J and Herrell Katrina A
Bought by
Equity And Capital Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2005
Sold by
Smith Bernard E and Smith Carol A
Bought by
Herrell Anthony J and Herrell Katrina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,600
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2003
Sold by
Smith Bernard E and Smith Carol A
Bought by
Smith Bernard E and Smith Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,344
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 6, 2003
Sold by
Smith Bernard E and Smith Carol A
Bought by
Smith Bernard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,091
Interest Rate
5.62%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Raschke Jill Lauren $1,527,000 None Listed On Document
Equity And Capital Management Llc $100 --
Herrell Anthony J $612,000 Alday Donalson Title Agencie
Smith Bernard E -- First American Title
Smith Bernard E -- First American Title Ins Co
Smith Bernard E -- --
Smith Bernard E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raschke Jill Lauren $627,000
Previous Owner Equity And Capital Management Llc $370,000
Previous Owner Herrell Anthony J $596,000
Previous Owner Herrell Anthony J $149,000
Previous Owner Herrell Anthony J $489,600
Previous Owner Herrell Anthony J $122,400
Previous Owner Smith Bernard E $232,344
Previous Owner Smith Bernard E $232,344
Previous Owner Smith Bernard E $74,091
Previous Owner Smith Bernard E $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $1,527,000 -4.5% $745 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
09/20/2023 09/20/23 Price Changed $1,599,000 0.0% $780 / Sq Ft
09/20/2023 09/20/23 For Sale $1,599,000 +4.7% $780 / Sq Ft
08/30/2023 08/30/23 Off Market $1,527,000 -- --
08/21/2023 08/21/23 Price Changed $1,840,000 -0.2% $898 / Sq Ft
08/09/2023 08/09/23 Price Changed $1,842,950 -2.8% $899 / Sq Ft
07/13/2023 07/13/23 Price Changed $1,897,000 -2.2% $925 / Sq Ft
05/27/2023 05/27/23 For Sale $1,940,000 -- $946 / 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
2024 $4,138 $1,344,409 $1,008,532 $335,877
2023 $4,138 $292,452 $0 $0
2022 $3,745 $267,021 $0 $0
2021 $3,805 $259,244 $0 $0
2020 $3,537 $242,991 $0 $0
2019 $3,443 $235,599 $0 $0
2018 $3,366 $231,206 $0 $0
2017 $3,324 $226,451 $0 $0
2016 $3,302 $221,793 $0 $0
2015 $3,365 $220,251 $0 $0
2014 $3,349 $218,503 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8201318

Stellar MLS

APN: 23-31-15-43488-002-0050