tomo logo

$650,000

Beds
3
Baths
2.0
sq ft
1,078

11405 3rd St E, Treasure Island, FL 33706

11405 3rd St E

TREASURE ISLAND, FL 33706

  • 16 days on market
    • Price drop $49,900↓
Tremendous opportunity to purchase prime waterfront property in coveted Isle of Palms with instant equity. This home flooded during Hurricane Helene making it uninhabitable. However, the seller had the drywall cut 4ft high, removed all wet damaged furnishings and appliances, and has cleared all the storm debris off the property. The home was dried out by restoration contractors and new drywall, texture, and paint was just completed. While there is still a lot of work to be done there is an opportunity for the new owner to renovate the existing home or tear down for new construction development opportunity. This property features a 56x129 deep water lot which allows plenty of room for a pool to be added and has an existing permitted (2021) boat lift and dock. Local Marine specialty company built dock to according specs: construct a new 37’ dock as follows: a 4’ x 25’ walkway connected to a 12’ x 12’ head with a 3’ x 12’ pile supported lower landing on the right of the main dock with upgraded weather proof composite decking. A Neptune 10,000lbs direct drive boatlift can accommodate various size boats and enjoy breathtaking water views. The property is being sold AS-IS and CASH ONLY due to its current condition. The seller makes no warranties regarding the home’s current and future rehabilitation. Buyer’s and Buyer’s agents should perform all due diligence prior to submitting any offers. Shown by appointment only. Do not walk or tour the home without permission.

Details

Property type

Single Family Residence

Property condition

Fixer

Lot size

7,083 sq ft

Price per sq ft

$603

Year built

1956

Annual property taxes

$10,829

HOA

No

Price History

10/30/2024
StellarMLS

StellarMLS #TB8312755

Price change
$650,000
-7.13%
10/20/2024
StellarMLS

StellarMLS #TB8312755

Listed
$699,900
+73.89%
05/29/2020
StellarMLS

StellarMLS #U8056953

Sold
$402,500

Schools & Community

Neighborhood: 

Isle of Palms

Elementary school: 

Azalea Elementary-PN

Middle school: 

Azalea Middle-PN

High school: 

Boca Ciega High-PN

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Status: Active

Tomo last checked: 11/05/2024 at 7:40 AM

Listing updated: 10/30/2024 at 10:00 AM

Listed by: Ben Mitrano PA, LPT REALTY Phone #: (877) 366-2213

MLS: StellarMLS #TB8312755

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Recently listed in TREASURE ISLAND