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4 Beds
3 Baths
2,428 sqft

$1,200,000

11215 3RD ST E, TREASURE ISLAND FL, 33706

Price per sqft$494.23
Built in1958
Property size2,428 sqft
Property typeMulti-family
Courtesy of MUNICH REALTY LLC, Steven Munich  Listing Contact: 321-243-2035

Overview

Active

Listed Aug 31, 2026

Updated 2 weeks ago

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!!!

$7,984/mo

Est. mortgage payment based on a $1,200,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
TB8543874

Interior Features

Bedrooms
4
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$10,178
Tax Frequency
Annually
Association Fee Frequency
Monthly
Pets Allowed
Yes
Furnished
Yes
Waterfront
Yes
55+/Senior Community
No

Listings courtesy of Stellar MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Luana America Oliveira shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 3:23 AM UTC on 10/9/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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