11145 8Th E St, Treasure Island, FL 33706

$1,195,000

Reduced By $604,500
last change 12/10/2024

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Home Description

BEACH TOWN WATERFRONT INVESTMENT OPPORTUNITY. Don’t pass up this opportunity to own prime waterfront property. Stunning views of the intercoastal waterway and deep water canal will captivate you from inside and outside the house on this property. The solid block and rebar home, recently appraised to have 2718 sq ft of air conditioned living space, is much larger than most single story homes in the area. Upon entering, you will be immediately drawn to the solid wall of hurricane impact windows in the back of the home that lure you to the waterfront oasis outside. This home features 3 large bedrooms, 3 full baths (2 ensuites), open concept kitchen, dining and living room space with a wet bar and see-through gas fireplace. The massive owner’s retreat has a sitting area with see-through fireplace, canal and intercoastal waterway views and a huge 17-ft closet. The large owner’s bathroom houses a dual-head shower with custom medallion and a separate water closet. The 20 x 13 ft 3rd bedroom can easily be used as a bunk room, game room or flex space. The back yard offers a recently renovated (2020) PebbleTec saltwater pool with tanning shelf and new (2024) pool pump, covered paver patio with retractable screen, and open paver patio with retractable awning. Watch dolphins frolic or boats pass by as you sip cocktails and enjoy the coastal lifestyle. In fact, the owners have twice witnessed baby dolphin births at the end of the dock! The dock has a unique built-in dual-sided lounger bench and table, 10,000 lb boat lift, fish cleaning station, 2 lower landings, and water access via staircase or retractable ladder. Unlike many competitors, this home balances coastal living with hurricane safety. Hurricane protection includes impact windows and slider doors or Kevlar screens for other dual-paned energy efficient windows, an all-home 22 KW generator with 3 owned 150-gallon propane tanks, and a roof with hurricane straps (insurance company inspected in 2024). This home’s cast-iron sewer lines were replaced unlike many in older homes the area. This home has been in the family nearly 55 years and had never come close to having storm water intrusion until the worst hurricane in over a century brought record flooding to the Tampa Bay coastal communities. Pictures show the home before and after the flood damage. The flood damage has been completely mitigated, new Daikin high-efficiency air conditioners installed and a new stand-alone bathtub purchased for the owner’s bathroom. List price is below appraised value (October 2024). Because of the flood damage, the home is being sold “as is” and the sellers make no warranties regarding the home’s rehabilitation. The generator, gas tankless hot water heater, propane tanks, pool, dock, boatlift, seawall and roof are all in good working condition. Whether you want to rehabilitate the home, raise it, or build new, this property is an excellent value. It is located within walking/biking distance of public beaches, 2 playgrounds, a dog park, sports courts (tennis, pickleball, basketball, shuffleboard), restaurants and shopping. Waterfront parks and golf courses are also nearby. The city hosts free concerts, festivals, the Sanding Ovations international sand sculping contest, and holiday fireworks. Live the Florida beach town dream with this excellent investment property. Come see it before it’s gone. Buyer to confirm all measurements.