11855 1ST STREET EAST new

Treasure Island,FL 33706

$ 1500000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Treasure Island City Of

MLS Listing ID TB8402631

Annual Tax Amount $17,236

Lot Size 9,583 Sqft

Property Sub-Type Mixed Use

Property 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 John's 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”. There's 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 boater's delight with protected deep water and a very short run out to the Gulf through world famous John's 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 and immediately begin enjoying your new waterfront oasis while you design your dream home or investment opportunity! This one is priced to sell and won't last long!

Location

State FL

County Pinellas

Community Treasure Island City Of

Area 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl

Zoning RFM-30

Exterior

Fence Partial,Vinyl

Community Features Street Lights

Utilities Available Cable Available,Electricity Available,Phone Available,Public,Sewer Available,Water Available

Waterfront Description Canal - Saltwater

View Y/N Yes

Water Access Yes

View Water

Building

Lot Description Buildable,Compact Soil,Corner Lot,Curb and Gutters,Flood Plain/Bottom Land,City Limits,Landscaped,Level,Street Lights,Paved

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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