tomo logo

$1,180,000

Beds
3
Baths
3.0
sq ft
2,388

11280 7th St E, Treasure Island, FL 33706

11280 7th St E

TREASURE ISLAND, FL 33706

  • 2 days on market
Discover a stunning, masterfully re-designed estate home in the highly sought-after Isle of Palms neighborhood. This exceptional single-story residence, fully renovated in 2016, offers 3 spacious bedrooms, 3 full baths, and a split floor plan that balances comfort and privacy. The property did experience water intrusion during Hurricane Helene and has been remediated. The lower 4’ of drywall has been removed and the home emptied and ready for your special touch. The FEMA 50% Rule values the structure at $410,000, allowing for $205,000 in repairs without requiring a new appraisal or appeal. Nestled on one of the most desirable streets, the property boasts a beautifully landscaped median, a circular driveway with elegant pavers, and a two-car garage. The pavers extend seamlessly along both sides of the home, leading to the expansive pool patio—a true entertainer's dream. Step inside through dramatic double doors to breathtaking wide views of the deep-water canal and pool area. The home also features a sunroom and a 320 sq. ft. covered lanai, perfect for enjoying sunsets or entertaining guests. The lanai is prepped for an outdoor kitchen, adding to the home's charm and functionality. A six-foot concrete privacy wall along the property sides provides for ultimate privacy. Deep water canal, a 16,000 lb. lift, and no fixed bridges to the Gulf of Mexico makes boating a snap! This is one of the largest single-story homes in the community, offering unparalleled potential in an unbeatable location. Don’t miss your chance to create your dream waterfront retreat! Schedule your private tour today and envision the possibilities!

Details

Property type

Single Family Residence

Est. home value

$1,666,187

Lot size

8,398 sq ft

Price per sq ft

$495

Year built

1966

Annual property taxes

$11,296.16

HOA

No

Price History

01/10/2025
StellarMLS

StellarMLS #TB8336171

Listed
$1,180,000
+62.2%
06/30/2016
StellarMLS

StellarMLS #U7766160

Sold
$727,500
+41.26%
08/14/2015
StellarMLS

StellarMLS #U7739981

Sold
$515,000

Schools & Community

Neighborhood: 

Isle of Palms

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Wells Fargo Bank Na

Loan start date

June 2016

Original loan amount

$420,000

Est. remaining balance

Not provided

Interest rate

2.62%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Julie Mahr and Peter Mahr

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/12/2025 at 6:50 PM

Listing updated: 01/11/2025 at 6:55 AM

Listed by: Barb Adams, COASTAL PROPERTIES GROUP Phone #: (727) 493-1555

MLS: StellarMLS #TB8336171

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