Property Description

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.

Features

Heating System:: Heat Pump, Central
Cooling System:: Central Air, Mini-Split Unit(s)
Patio:: Deck
Parking:: Driveway, Circular Driveway, On Street
Exterior Features:: Storage, Private Mailbox, Rain Gutters, Fence, Awning(s), Private Yard
Flooring:: Ceramic Tile
Interior Features:: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo
Laundry Features:: Laundry Closet, Outside
Sewer:: Public Sewer
Utilities:: Cable Available, Public, Electricity Connected, Sewer Connected, Water Connected
Window Features:: Blinds, Aluminum Frames, Shades

Appliances

Appliances:: Range, Refrigerator, Washer, Dryer, Microwave

Address Map

Country:: US
State:: FL
County:: Pinellas
City:: Treasure Island
Subdivision:: ISLE OF PALMS
Zipcode:: 33706
Street:: 2ND
Street Number:: 11155
Street Suffix:: STREET
Longitude:: W83° 13' 48.5''
Latitude:: N27° 46' 23.7''
Directions:: Gulf Blvd in Treasure Island to 112 East to 2nd St East- RT. address on Left Side
Mls Area Major:: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Street Dir Suffix:: E

Neighborhood

Elementary School:: Azalea Elementary-PN
High School:: Boca Ciega High-PN
Middle School:: Azalea Middle-PN

Additional Information

Lot Size Dimensions:: 50x72
Water Source:: Public
Virtual Tour:: https://www.propertypanorama.com/instaview/stellar/TB8468928
On Market Date:: 2026-01-30
Number Of Units Total:: 2
Lot Features:: Paved, Flood Insurance Required, FloodZone, Landscaped, City Limits, Near Marina, Near Public Transit
Levels:: One
Foundation Details:: Slab
Construction Materials:: Block, Stucco
Building Size:: 967