$950,000
PENDING $350K PRICE DROP

11485 2nd St E Treasure Island, FL 33706

Estimated payment $6,122/month

Total Views 10,060
5 Beds
4 Baths
2,736 Sq Ft
$347 Price per Sq Ft

Highlights

  • Open Floorplan
  • Corner Lot
  • Covered Patio or Porch
  • Deck
  • No HOA
  • Balcony

About This Home

Under contract-accepting backup offers. Seller Motivated! Great rental opportunity in beautiful Isle of Palms, Treasure Island! This quadplex features Three downstairs 1 bed 1 bath open floor plan Apartments. Each Apartment has all New Kitchen Cabinets, Countertops, and Appliances. Upstairs is a large 1170 sq ft 2 bed 1 bath unit with a large outside deck perfect for entertaining. This unit received no damage from past hurricanes. Buy as an investment or live in one unit and rent out the rest. The opportunity's are endless. This property also features a common laundry area and a 2 car garage that is being used as storage currently but could be enclosed and added into another unit! This property has plenty of parking as well. Located a short walk to Florida's Gulf Coast beaches and many popular tourist attractions such as Treasure Bay Golf and Tennis, Ricky T's, The Thunderbird, and Johns Pass, and Rosselli Park.

Listing Agent

Kyle Collins

RE/MAX ACTION FIRST OF FLORIDA Brokerage Phone: 727-531-2006 License #3446512 Listed on: 02/07/2025

RE/MAX ACTION FIRST OF FLORIDA

Co-Listing Agent

Christopher Rogers

RE/MAX ACTION FIRST OF FLORIDA Brokerage Phone: 727-531-2006 License #3350352

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,759

Year Built

  • Built in 1957

Lot Details

  • 5,693 Sq Ft Lot
  • Lot Dimensions are 49x115
  • Cul-De-Sac
  • Landscaped
  • Native Plants
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Bi-Level Home
  • Block Foundation
  • Shingle Roof
  • Tile Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,736 Sq Ft Home
  • Open Floorplan
  • Family Room Off Kitchen
  • Fire and Smoke Detector

Kitchen

  • Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Private Mailbox

Utilities

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

Additional Features

  • Energy-Efficient Appliances
  • Flood Zone Lot

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3,565 Sq Ft Building
  • Isle Of Palms Subdivision
  • The community has rules related to allowable golf cart usage in the community

Amenities

  • Restaurant
  • Laundry Facilities

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,759

Year Built

Built in 1957

Lot Details

5,693 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 2736
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 1957
  • Building Area Total: 3565
  • Lot Size Sq Ft: 5693
  • Tenant Pays: Electricity
  • Status: Pending
  • Street Post Direction: E
  • Co List Office Mls Id: MFR260031587
  • Co List Office Phone: 727-531-2006
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 331.20
  • Escrow City: Clearwater
  • Escrow State: FL
  • Escrow Street Name: Court St
  • Minimum Lease: 2 Months
  • RATIO Current Price By Calculate: 347.22
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_NumAssignedParkingSpaces: 6
  • Attribution Contact: 727-531-2006
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Thermostat
  • Appliances Included: Convection Oven, Cooktop, Dishwasher, Exhaust Fan, Microwave, Range Hood, Refrigerator
  • Foundation Details: Block
  • Total Bedrooms: 5
  • Levels: Two
  • Living Area Meters: 254.18

Exterior Features

  • Exterior Features: Balcony, Private Mailbox, Sidewalk
  • Roof: Shingle, Tile
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Front Porch
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Off Street, On Street, Parking Pad

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Common Area, Laundry Closet, Laundry Room, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Cable,Electric,Internet

Condo/Co-op/Association

  • Community Features: Golf Carts OK, Park, Restaurant, Sidewalks, Street Lights
  • Association: No
  • Security: Smoke Detector(s)
  • 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

  • Parcel Number: 23-31-15-43470-001-0010
  • Additional Parcels: No
  • Lot Features: Corner Lot, Cul-De-Sac, FloodZone, City Limits, Landscaped, Level, Sidewalk, Paved
  • Lot Dimensions: 49x115
  • Flood Zone Code: AE

Green Features

  • Efficiency: Appliances
  • Green Landscaping: Fl. Friendly/Native Landscape

Rental Info

  • Furnished: Unfurnished
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Buyer and BA are to verify with the town of Treasure Island.

Multi Family

  • Number Of Units Total: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 1
  • Total Num Buildings: 1
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 11758.51
  • Tax Block: A
  • Tax Book Number: 7-52
  • Tax Lot: 1

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $11,759 $875,000 $587,054 $287,946
2024 $11,154 $1,025,000 $625,292 $399,708
2023 $11,154 $975,000 $579,273 $395,727
2022 $8,646 $625,000 $418,931 $206,069
2021 $7,348 $421,600 $0 $0
2020 $7,536 $441,817 $0 $0
2019 $6,834 $388,691 $219,481 $169,210
2018 $6,235 $357,503 $0 $0
2017 $5,852 $341,869 $0 $0
2016 $5,533 $326,874 $0 $0
2015 $4,567 $252,880 $0 $0
2014 $4,122 $223,516 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2026 04/20/26 Pending -- -- --
04/02/2026 04/02/26 For Sale $950,000 0.0% $347 / Sq Ft
03/31/2026 03/31/26 Off Market $950,000 -- --
03/06/2026 03/06/26 Price Changed $950,000 -5.0% $347 / Sq Ft
02/22/2026 02/22/26 Price Changed $1,000,000 -9.1% $365 / Sq Ft
02/16/2026 02/16/26 Price Changed $1,100,000 -8.3% $402 / Sq Ft
09/02/2025 09/02/25 Price Changed $1,200,000 -6.3% $439 / Sq Ft
08/13/2025 08/13/25 Price Changed $1,280,000 0.0% $468 / Sq Ft
08/13/2025 08/13/25 For Sale $1,280,000 -1.5% $468 / Sq Ft
07/15/2025 07/15/25 Off Market $1,300,000 -- --
05/13/2025 05/13/25 Price Changed $1,300,000 -7.1% $475 / Sq Ft
04/11/2025 04/11/25 Price Changed $1,400,000 0.0% $512 / Sq Ft
04/11/2025 04/11/25 For Sale $1,400,000 +7.7% $512 / Sq Ft
03/15/2025 03/15/25 Off Market $1,300,000 -- --
02/07/2025 02/07/25 For Sale $1,300,000 -- $475 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: TB8347122

Stellar MLS
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