Residential Property - Single Family Residence in Treasure Island
Listing Price: $1,575,000 (Mortgage Calculator →)
Description of Property
HOME WILL BE RAISED ABOVE BASE FLOOD ELEVATION (in progress). CONSTRUCTION RENDERINGS DEPICT THE PLANNED DESIGN OF THE RESIDENCE. This is your chance to create a truly spectacular waterfront retreat in one of the most coveted boating locations on Florida’s Gulf Coast. This 3-bedroom, 2.5-bath pool home sits on a prime waterfront lot overlooking the wide, sparkling waters of Boca Ciega Bay. The seller has already done the heavy lifting to set this home up for its next chapter. The biggest value: the permitting and payment to raise the home above base flood elevation has already been completed—a process that typically takes a year. Be the one to step into this rare opportunity with a major head start, purchasing a home that will sit above flood elevation once the lift is complete. Even better, when the home is elevated, the current garage area will be transformed into livable space, perfect for a second master suite, bonus room, office, gym, or guest quarters—adding both functionality and long-term value. From there, the interior is a blank canvas to design exactly how YOU want it: your finishes, your floor plan, your vision. Enjoy peace of mind with a brand-new seawall (January 2025) and a dock ready for your boat, making every day on the water effortless. From your backyard, it’s a quick idle to the sandbar, open Gulf waters, and world-class beaches. You are also just minutes from charming local restaurants serving up the freshest seafood daily. With its stunning pool overlooking the water, prime location, and the major cost and time investment for elevation already handled, this property offers a unique blend of coastal lifestyle and long-term investment security. Bring your imagination, your builder, and your boat—this is a rare chance to create the waterfront home of your dreams without the wait!
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Treasure Island
County: Pinellas
Subdivision: Isle Of Palms 2nd Add
Bedrooms: 3
Bathrooms: 2
Half Baths: 1
Sq. Ft. Gross: 1,968
Sq. Ft. Living Area: 1,968
Cost per (heated) sqare foot: $800
Year built: 1958
Annual Tax: $16,713
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Microwave
Flooring: Terrazzo
Pool & Waterfront Info
Private Pool: Yes
Pool Features: Lighting
Water Front: Yes
Water Frontage: Intracoastal Waterway
Water Access: Yes
Water Access Type: Intracoastal Waterway
Water Name: BOCA CIEGA BAY
Exterior & Construction
Architectural Style: Florida
Construction: Stucco
Foundation: Stilt/On Piling
Roof: Shingle
Exterior Features: Storage
Garage: Yes
Garage Spaces: 2
Parking Features: Driveway
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Patio & Porch Features: Rear Porch
Other Structures: Storage
View: Water
Fencing: Vinyl
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Features: Near Marina
Lot Size (acres): 0.19
Lot Size (sq. ft.): 8,398 square feet
Road Frontage: Street Paved
Front Exposure: West
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 233115435060040460
Tax Legal Desc.: ISLE OF PALMS 2ND ADD BLK 4, LOT 46
Section: 23
Range: 15
Listing courtesy of COMPASS FLORIDA LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.