Property Description

Income-Producing Treasure Island Duplex | *Walk to Beach*, Parks, Dining & ShopsWelcome 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 DemandResidents 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 activitiesProperty Highlights & Recent Updates Separate water and electric meters for each unitCircular 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 2025Additional 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, pleaseWhether 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.

Property Features

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