11080 2nd St., Treasure Island, FL 33706

11080 2nd St., Treasure Island, FL 33706
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$509,900
Sold on 1/04/21
Beds Baths Sq. Ft. Taxes Built
0.00 1,650 $4,227 1960
On the market: 45 days
View full details, 15 photos, school info, and price history
Well maintained tri-plex located in Isle of Palms. Just three blocks from beautiful Treasure Island beaches. Walking distance to shops, restaurants and Publix grocery store. Family has owned the property since 2004 and has rented each apartment to friends, family and returning renters over the years. Rents in the past have been $2800 per month during season for the one bedroom apartments and anticipated rent on owners unit is $3200 per month seasonally. Each apartment comes fully furnished(1 flat screen TV excluded) right down to dishes and linens. New buyers can rent immediately with no further investment. All three electrical panels were replaced in 2019. Lovely terrazzo floors for very easy maintenance. A small amount of carpet can be removed to expose terrazzo floors. All three wall A/C units have been replaced in last five years. Roof replaced in 2019. Plenty of parking in front of building for residents and guests. Outdoor seating area with pavered patio to enjoy gulf breezes. 6 foot PVC fence in rear allows for privacy while entertaining. Laundry and storage room with coin operated washer and dryer. Three separate electrical meters. Water, sewer, garbage and reclaimed water are billed in one bill bi-monthly. (Reclaimed water at street but not hooked up) No lawn maintenance with zero-scaping makes for perfect scenario for out of state buyers. Property is sold strictly "as is" with right to inspect. Seller currently has flood insurance and policy is likely assumable. 4pt inspection done in 2019 and copy is available.
Listing courtesy of Karen Casey Cave, COASTAL PROPERTIES GROUP INTERNATIONAL