11215 3RD STREET E TREASURE ISLAND FL 33706 | MLS #TB8543874 | Gary Kusher | Florida Real Estate

11215 3RD STREET E
TREASURE ISLAND, FL, 33706
$1,200,000
4 Beds
3 Baths
2,428 SqFt
0.11 Acres
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MLS #TB8543874 image #0
Treasure Island Waterfront 3 unit building that can accommodate 2 large vessels, deep water canal with direct access to the Gulf of America, Large Back Owners quarters with 2 good sized bedrooms, updated bath, updated Kitchen with Stainless Appliances and eat in area, Primary bedroom with French doors to large back screened porch with wonderful calming views of the water. Front Unit 2 and Unit 3 are long term tenants. Both units have updated kitchens and flooring. Fresh Sherwin Williams exterior paint. All 3 units are on separate electric panels, owner pays water and sewer. Current owner has previously lived in back unit for 6 years and part time stays there now. Live in the back owners quarters and have rental income from the front 2 units, and keep the sailboat or yacht in your back yard. Rent the back unit out part time and stay when you want. Back owners’ quarters is fully furnished and everything stays so all you need is your toothbrush and clothes.
Unit 3 upstairs is 650 sq. ft. with large bedroom, great water views from kitchen and living room. Downstair unit 2 is smaller with long term tenant (10 years) who is the eyes and ears of the place. There are 5 or 6 parking spots out front. Across from City Park and 5 minute walk to the Gorgeous Treasure Island Beach!!! Also a short walk to many great restaurants and nightly entertainment.
Solid CBS construction Building with updated electric panels, Hurricane shutters, under concrete stairs to unit 3 is plenty of storage, also back yard shed for storage. Roof is 2018. Unit 1 has never central A/C and Units 2 and 3 have newer wall A/C. Solid Dock with water and electric for the boats. This is a very relaxing place to live. Back porch has power for a Hot Tub if desired. Large back paver patio and deck for launching the kayaks, paddle boards or fishing with cutting table. Floating Dock will convey with property ( My Robalo will not, sorry!)
My previous 17 foot Robalo fit nicely on the reworked Davits. Owner is Listing Broker and will consider owner financing, terms negotiable.
Very unique property for Treasure Island with quite the Upside Potential!!!

Property Details

Price:
$1,200,000
MLS #:
TB8543874
Status:
Active
Beds:
4
Baths:
3
Type:
Multi Family
Subtype:
Triplex
Subdivision:
ISLE OF PALMS
Neighborhood:
33706passagrillebchstpetebchtreasureisl
Listed Date:
Aug 31, 2026
Finished Sq Ft:
2,428
Lot Size:
4,931 sqft / 0.11 acres (approx)
Year Built:
1958
Waterfront33706 – Pass A Grille Bch/st Pete Bch/treasure Isl33706passagrillebchstpetebchtreasureislIsle Of PalmsPlease Check With Treasure Island City Hall ( Probably 6 Rentals Allowed Per Year ) , Front 2 Units Have Been Long Term Rentals, Owner Agent Stays Part Time In Back Unit 11 Month

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Schools

Interior

Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
Cooling
Central Air, Wall/Window Unit(s)
Flooring
Ceramic Tile, Vinyl
Heating
Central, Electric
Interior Features
Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Thermostat, Window Treatments
Laundry Features
Common Area, Electric Dryer Hookup, Washer Hookup
Levels
One

Exterior

Community Features
Dog Park, Golf Carts OK, Irrigation-Reclaimed Water, Park, Playground
Construction Materials
Block, Concrete
Exterior Features
Fenced, Hurricane Shutters, Private Entrance
Lot Features
Flood Insurance Required
Other Structures
Shed(s), Storage
Patio And Porch Features
Covered, Deck, Rear Porch, Screened
Roof
Shingle
Waterfront Features
Canal – Saltwater
Window Features
Double Pane Windows

Financial

Tax Year
2025
Taxes
$10,178

Map

Community

Subdivisions in TREASURE ISLAND

Market Summary

Current real estate data for Multi Family in TREASURE ISLAND as of Sep 10, 2026
11
Multi Family Listed
175
Avg DOM
599
Avg $ / SqFt
$1,614,345
Avg List Price

Property Summary

    Located in the ISLE OF PALMS subdivision, 11215 3RD STREET E TREASURE ISLAND FL is a Multi Family for sale in TREASURE ISLAND, FL, 33706. It is listed for $1,200,000 To schedule a showing of MLS#tb8543874 at 11215 3RD STREET E in TREASURE ISLAND, FL, contact your CENTURY 21 Carioti agent at 2392986550.

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11215 3RD STREET E
TREASURE ISLAND, FL