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11155 2nd St E, Treasure Island, FL, 33706

2beds
2baths
926sqft
$500,000
$540price/sqft
$4,051/moest. monthly cost
$162,040/yrincome needed

About This Home

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.

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

5/10
Azalea Elementary SchoolGrades PK-52.0 mi
3/10
Azalea Middle SchoolGrades 6-82.0 mi
3/10
Boca Ciega High SchoolGrades 9-123.8 mi

Construction

Condition

  • Property condition: Completed
  • Year built: 1956

Materials

  • Foundation: Slab
  • Roof: Concrete,Shingle
  • Construction materials: Block,Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Appliances included: Dryer,Microwave,Range,Refrigerator,Washer
  • Laundry features: Laundry Closet,Outside

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Features

  • Ceiling Fan(s),Eating Space In Kitchen,Kitchen/Family Room Combo
  • Window features: Blinds
  • Flooring: Ceramic Tile

Heating & Cooling

  • Heating features: Central,Heat Pump
  • Cooling features: Central Air,Ductless

Interior Area

  • Total structure area: 967
  • Total interior livable area: 926 sqft

Property

Details

  • Parcel number: 233115434700040220
  • Attached to another structure: Yes
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck
  • Exterior features: Awning(s),Private Mailbox,Private Yard,Rain Gutters,Storage
  • Fencing: Fenced

Lot

  • Lot size: 3,084 sqft
  • Features: Flood Insurance Required,FloodZone,City Lot,Landscaped,Near Marina,Near Public Transit
  • Lot size dimensions: 50 x 72

Parking

  • Parking features: Circular Driveway,Driveway,On Street
  • Has uncovered spaces: Yes