Income-Producing Treasure Island Duplex | *Walk to Beach*, Parks, Dining & Shops
Welcome 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 Demand
Residents 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 activities
Property Highlights & Recent Updates
* Separate water and electric meters for each unit
Circular 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 2025
Additional 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, please
Whether 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.
