11855 1st st e, treasure island, FL 33706

This listing is NOT a foreclosure. JUST REDUCED!!!! Very rare opportunity... This property is an excellent investment possibility or the pefect location for your future dream home! This amazing waterfront property is located just over one block from the gorgeous wide sandy beaches on the Gulf and only 8 blocks to world famous Johns Pass! This lot boasts approximately 80 feet of protected water frontage on nearly 10,000 square feet of land. There is also a large dock with a 24,000lb boat lift and an additional wet slip. nnFor those interested in an unparalleled investment opportunity, this property is zoned RFM-30. This unrestricted zoning permits a multi-family structure of up to 4 units, with an approved variance. As an added bonus, this zoning also permits short term/tourist rental use with no change of occupancy restrictions. Theres more RFM-30 also permits hotel/motel use, which would allow for a quant boutique property of up to 7 motel units, with an approved variance.n nThis huge lot could also be the perfect space to build your own waterfront dream home. This is a boaters delight with protected deep water and a very short run out to the Gulf through world famous Johns Pass...

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.n nThe options are endless on this rare property. This is currently the ONLY waterfront lot currently available on Treasure Island with the RFM-30 zoning and a short walk to the beach as well. While the previous single-family home has already been meticulously removed, there is a garage remaining, as well as driveway and patios. This allows you to park your boat at the large dock with lift and immediately begin enjoying your new waterfront oasis while you design your dream home or investment opportunity! This property is priced to sell and is awaiting your vision for the future of this wonderful property.This MLS Resale home is a single family home located in TREASURE ISLAND. It offers 0.22 acres in size, beds and 2 baths. Review its detailed information and determine if this TREASURE ISLAND MLS Resale has the qualities you are looking for.  

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This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.