Property
XResidential
1/1
$500,000

11155 2ND STREET

Treasure Island, FL 33706
2
Beds
2
Baths
926
SqFt
0.07
Acres
STELLAR
#TB8468928
Updated: Jul 1, 2026, 3:08am

Property Description

Income-Producing Treasure Island Duplex | *Walk to Beach*, Parks, Dining & Shops
Welcome to **11155 2nd St E, Treasure Island** a charming and versatile coastal duplex perfectly positioned just a short stroll to the sand, local parks, restaurants, and shops, offering the ideal blend of lifestyle and income potential.
This flexible property is ideal for both investors and owner-occupants, allowing you to live in one unit and rent the other, or maximize returns by renting both units.
Front Unit (2BR/1BA):
Bright and inviting with abundant natural light, a cute private deck, and a dedicated laundry closet.
A 12-month lease is currently in place for the front unit, providing immediate income and giving a new owner time to find the right tenant, plan a personal move-in, or reposition the property strategically while collecting rent.
Rear Unit:
Features a private entrance, its own private deck, and a storage shed. The layout is efficient and functional with kitchen appliances and generous closet space, making it perfect for long-term tenancy, seasonal use, or as a mortgage-supplementing rental while the owner occupies the front unit.
Location Perks That Drive Demand
Residents and tenants alike enjoy proximity to:
• Treasure Island Beach Trail, ideal for walking, biking, and enjoying Gulf sunsets
• Treasure Island Community Center & Park, offering green space and community amenities
• Treasure Bay Golf, Tennis & Pickleball, a premier waterfront recreational hub
• John’s Pass Village & Boardwalk, featuring 100+ shops, restaurants, and water activities
Property Highlights & Recent Updates
• Separate water and electric meters for each unit
Circular driveway providing valuable off-street parking
Recent capital improvements, including:
New roof installed late 2023
• Cement shingle roof section installed in 2021
• Central AC in one unit
• Brand-new ductless mini-split system installed in the other unit (2025)
• New lower kitchen cabinets and appliances installed in 2025
Additional Notes
• Tenant-occupied — Please do not disturb tenants
• Showings require 24-48 hour notice
• Buyer to verify local short-term rental (STR) regulations
• Pre-qualified buyers only, please

Whether you’re seeking a smart coastal investment or a lifestyle property with built-in income, this duplex delivers location, flexibility, and classic Treasure Island charm.
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Included Appliances
DryerMicrowaveRangeRefrigeratorWasher

Property Details

Interior
Appliances
DryerMicrowaveRangeRefrigeratorWasher
Building Area Total
967
Cooling
Central AirMini-Split Unit(s)
Flooring
Ceramic Tile
Furnished
Unfurnished
Heating
CentralHeat Pump
Interior Features
Ceiling Fan(s)Eating Space In KitchenKitchen/Family Room Combo
Laundry Features
Laundry ClosetOutside
Living Area
926
Security Features
Smoke Detector(s)
Window Features
Aluminum FramesBlindsShades
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
BlockStucco
Foundation Details
Slab
Levels
One
Living Area Source
Public Records
Living Area Units
Square Feet
Number Of Units Total
2
Property Condition
Completed
Roof
ConcreteShingle
Year Built
1956
Site & Exterior
Exterior Features
Awning(s)FencedPrivate MailboxPrivate YardRain GuttersStorage
Flood Zone Code
AE
I D X Participation
Yes
Lot Features
Flood Insurance RequiredFloodZoneCity LotLandscapedNear MarinaNear Public Transit
Lot Size Acres
0.07
Lot Size Area
3084
Lot Size Dimensions
50 x 72
Lot Size Square Feet
3084
Lot Size Units
Square Feet
Number Of Lots
Yes
Number Of Separate Electric Meters
2
Number Of Separate Water Meters
Yes
Open Parking
Yes
Other Structures
Shed(s)
Parking Features
Circular DrivewayDrivewayOn Street
Patio And Porch Features
Deck
Public Survey Range
15
Public Survey Section
23
Road Frontage Type
Street Paved
Road Responsibility
Public Maintained Road
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
Cable AvailableElectricity ConnectedPublicSewer ConnectedWater Connected
Water Source
Public
Financials
Calculated List Price By Calculated Sq Ft
539.96
Contract Status Change Date
2026-06-30
Current Price
500000
Existing Lease Type
Gross
Feed Types
BBO
Lease Considered
Yes
Lease Term
12 Months
Owner Name
MARITANA PROPERTIES TRUST
Ownership
Fee Simple
Parcel Number
233115434700040220
Public Survey Township
31
Tax Annual Amount
5831.56
Tax Block
D
Tax Book Number
7-52
Tax Legal Description
ISLE OF PALMS BLK D, LOT 22
Tax Lot
22
Tax Year
2024
Total Actual Rent
3000

Neighborhood & Lifestyle

Community & Association
Lease Restrictions
Yes
M L S Area Major
33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Subdivision Name
ISLE OF PALMS
Schools
Ratings
Elementary
Azalea Elementary-PN
Middle
Azalea Middle-PN
High
Boca Ciega High-PN
Listing provided courtesy of STELLAR via IDX. Updated: Jul 1, 2026, 3:08am.
Claudia Hall

Listing Agent

HOMESCENE REALTY

Call Agent