$644,250

11250 2nd Street E

TREASURE ISLAND FL, 33706

Description

This property has so many options! It could be your new turnkey vacation rental. Or, you could put long-term renters in both units. How about one vacation rental and one long-term tenant? Maybe you would make one your primary residence and lease the other unit to cover your overhead; OR, the second unit could be your attached guest home. It could also easily be converted to a single-family home, as the two units are joined via a doorway to the laundry room that is allocated to the front 2/1 unit. And here is a bonus: The Lucy, the larger of the two units, has the ability to have a lockout, as the primary bedroom has a private entrance via the bathroom! Caution Alert: This is not a triplex and it is not marketed as such! Estimated annual rental income as 2-long-term units based upon similar units is $50K. As a Vacation Rental, the income is potentially more. This large, delightfully remodeled duplex on Isle of Palms is less than 1000 feet to the soft, white sand of Treasure Island Beach. It has been tastefully updated for todays buyer while retaining many of the desirable attributes of the mid-century era in which it was born. It is offered fully furnished with an eclectic mix of furnishings including several 50's and 60's original pieces mixed in with statement-making contemporary ones. Imagine I Love Lucy meets The Jetsons! In fact, we have dubbed the smaller of the two units, The Desi and the larger unit, The Lucy.' She was after all the STAR of the show even by Desi's own admission! In this duplex 'The Desi' is a spacious two-bedroom, one bathroom unit, including its own laundry/utility room. The Lucy is a 2-bedroom 2 bathroom unit featuring its own laundry. But it also includes a fantastic air-conditioned Florida room with loads of windows, which could easily be used as a third bedroom. Both units have a designated carport and there is also loads of additional parking. Captains, you can also park your boat trailer here! The property is sporting a brand-new shingle roof, additionally the flat roofs of both carports were also replaced. All windows have been replaced with impact-resistant/hurricane windows. Two new HVAC systems will keep things cool during the summer. Both kitchens have new grey Shaker-style cabinets, granite countertops, sinks and new appliances! The duplex also benefits from new electrical service with separate meters; fabulous updated tropical landscaping, including fig and mango trees; limestone rock accents; reclaimed water and irrigation system; new, full-size washers and dryers and oodles of parking! The living areas and kitchen flooring have been replaced with gleaming high gloss tile and the bedrooms retain their original terrazzo floors, (freshly polished). For this quality remodel, all work was completed with permits as required. Lucille Ball said she would rather regret the things she had done than those she had not! Listen to Lucy! Buy the Beach house! You wont regret it! P.S. Lucys last words where in response to if she wanted anything were, I want my Florida Water! Smart lady!

Details

MLS#U8106673
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1963
Days On Site86

Features

SQ Feet1,882
Units2
Golf CourseN
Loading Form
Loading Form
Area Information
StateFL
CountyPinellas
CityTREASURE ISLAND
Zip Code33706
Area33706 - Pass a Grille BchSt Pete BchTreasure Isl
Listing VS Median (in 33706)
Price:
$644,250
low | high
Med:
$447,000
80.616996507567% of Average
SqFt:
1,882
low | high
Med:
1,365
77.470775770457% of Average
$ / SqFt:
$342
low | high
Med:
$329
53.842313418064% of Average
On Site:
86
low | high
Med:
45.500000
100% of Average
Sourced by Back At You
Listing Updated: March 1, 2021 12:04:40 AM PST
Annie Fleeting LogoMLS Number: U8106673
Listing Provided By:
Annie Fleeting  of  NEXTHOME BEACH TIME REALTY

MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the MLS.