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FOR SALE
Multi-Family

$1,200,000

11215 3RD ST E, Treasure Island, FL 33706

4

Beds

3

Baths

2,428

Sq Ft

1958

Year Built

Description

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!!!

Type:Multi-Family
MLS#:TB8543874
Days on Market:22
Lot:0.11 acres

Listing courtesy of Steven Munich, MUNICH REALTY LLC

Listing data courtesy of Stellar MLS as distributed by MLS Grid. The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of Stellar MLS. Listings held by brokerage firms other than HauzMart Realty are marked with the listing brokerage's name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Information is deemed reliable but not guaranteed and should be independently verified. © Stellar MLS. All rights reserved.

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Data courtesy of Stellar MLS as distributed by MLS Grid as of Sep 22, 2026, 4:37 PM ET

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