Property Description

Waterfront Duplex with Direct Gulf Access – Incredible Investment Opportunity!
Rare opportunity to own a canal-front duplex with direct access to the Gulf of Mexico—perfect for investors or anyone looking to enjoy the Florida waterfront lifestyle. Each unit offers 2 bedrooms and 1 bathroom with a comfortable, functional layout ideal for both long- and short-term rental potential.

The property has been updated with new tile flooring, fresh interior paint, and updated kitchens, making it truly move-in ready. Step outside and enjoy your private floating dock—perfect for boating, fishing, kayaking, or simply relaxing while taking in peaceful water views.

Whether you choose to live in one unit and rent the other, or maximize income with a full rental investment, the possibilities are endless. Zoned MF1 (Multi-Family Medium Density) with potential for up to 4 units, this property offers both immediate income and future development upside.

Conveniently located just minutes from Gulf beaches, waterfront dining, shopping, and the airport, this is a prime location for both lifestyle and investment.

Don’t miss this rare waterfront opportunity—schedule your showing today!

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Included Appliances

RangeRefrigerator

Property Details

Highlights

View

Yes

Waterfront

Yes

Interior

Additional Rooms

Inside Utility

Appliances

RangeRefrigerator

Bathrooms Total Decimal

2

Building Area Total

1720

Cooling

Mini-Split Unit(s)

Flooring

Ceramic Tile

Furnished

Unfurnished

Heating

Other

Interior Features

Ceiling Fan(s)

Laundry Features

Laundry Closet

Living Area

1656

Rooms Total

3

Construction

Building Area Source

Public Records

Building Area Units

Square Feet

Construction Materials

BlockConcrete

Direction Faces

East

Foundation Details

Slab

Levels

One

Living Area Source

Public Records

Living Area Units

Square Feet

Roof

Shingle

Year Built

1970

Site & Exterior

Exterior Features

Private EntrancePrivate Mailbox

Flood Zone Code

AE

Frontage Length

Canal: 60

I D X Participation

Yes

Lot Features

Street Dead-End

Lot Size Acres

0.14

Lot Size Area

6000

Lot Size Square Feet

6000

Lot Size Units

Square Feet

Public Survey Range

16

Public Survey Section

4

Road Frontage Type

Street Dead-EndStreet Paved

Road Surface Type

Paved

Sewer

Public Sewer

Total Acreage

0 to less than 1/4

Utilities

Cable Available

View

Water

Water Access

Yes

Water Extras

Yes

Water Source

Public

Water View

Yes

Waterfront

Yes

Waterfront Features

Canal - SaltwaterCanal FrontGulf/Ocean

Waterfront Feet Total

180

Zoning

MF1

Financials

Calculated List Price By Calculated Sq Ft

250.6

Contract Status Change Date

2026-03-27

Currency Monthly Rent Amt

1700

Current Price

415000

Feed Types

BBO

Lease Considered

Yes

Lease Expiration

2026-06-06

Minimum Lease

No Minimum

Owner Name

PAUL F LANOUETTE

Ownership

Fee Simple

Parcel Number

162504004.0000.00208.0

Public Survey Township

25

Tax Annual Amount

6631

Tax Block

0000

Tax Book Number

9-139

Tax Legal Description

LEISURE BEACH UNIT 1 PB 9 PG 139 LOT 208 OR 9094 PG 1216

Tax Lot

208

Tax Year

2025

Neighborhood & Lifestyle

Community & Association

M L S Area Major

34667 - Hudson/Bayonet Point/Port Richey

Subdivision Name

LEISURE BEACH

Schools

Ratings

Elementary

Hudson Primary Academy (K-3)

Middle

Bayonet Point Middle-PO

High

Fivay High-PO

Listing provided courtesy of STELLAR via IDX. Updated: May 11, 2026, 11:53am.

12527 1ST ISLE

12527 1ST ISLE

Property Description

Property Details

Highlights

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Schools

Terri Osborn

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12527 1ST ISLE

12527 1ST ISLE

Property Description

Property Details

Highlights

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Schools

Terri Osborn