Back 11405 3rd St E
Off Market

11405 3rd St E

Treasure Island FL 33706

3
2
1
1614 sq. ft.
7083 sq. ft.
Single-Family
Last sold for $615,000
Ben Mitrano PABen Mitrano PA, last sold this property on 20 December 2024 after 60 days on market.

Overview

CASH ONLY - NO HOA fees or Deed restrictions! Tremendous opportunity to purchase prime waterfront property in coveted Isle of Palms with instant equity. This home flooded during Hurricane Helene making it uninhabitable. However, the seller had the drywall cut 4ft high, removed all wet damaged furnishings and appliances, and has cleared all the storm debris off the property. The home was dried out by restoration contractors and new drywall, texture, and paint was just completed. While there is still a lot of work to be done there is an opportunity for the new owner to renovate the existing home or tear down for new construction development opportunity. This property features a 56x129 deep water lot which allows plenty of room for a pool to be added and has an existing permitted (2021) boat lift and dock. Local Marine specialty company built dock to according specs: construct a new 37? dock as follows: a 4? x 25? walkway connected to a 12? x 12? head with a 3? x 12? pile supported lower landing on the right of the main dock with upgraded weather proof composite decking. A Neptune 10,000lbs direct drive boatlift can accommodate various size boats and enjoy breathtaking water views. The property is being sold AS-IS and CASH ONLY due to its current condition. The seller makes no warranties regarding the home?s current and future rehabilitation. Buyer?s and Buyer?s agents should perform all due diligence prior to submitting any offers. Shown by appointment only. Do not walk or tour the home without permission.

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
1614 sq. ft. floor area
7083 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Treasure Island over the last 12 months, the estimated median property value of 11405 3rd St E is $815k.

Median value
$815k
Estimated value range
$180k - $5.8m
Median days on market
73
Estimated value trend
-14%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Treasure Island. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 11405 3rd St E

2024
Sold
$615,000
20 Dec 2024 by Ben Mitrano PA, of LPT Realty Lake Mary
2020
Sold
$402,500
29 May 2020 by Shirley Madden, of LAND OF LIBERTE' REALTY
2020
Sold
$402,500
29 May 2020 by Shirley Madden, of LAND OF LIBERTE' REALTY

Happy sellers in Treasure Island

70%
70% of sellers in Treasure Island reported that their sale price either exceeded or met their price expectations.

Treasure Island stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 34 reviews in Treasure Island over the last 12 months.

Local market activity for 3 bedroom single-family properties in Treasure Island

In the last 12 months, 127 three-bedroom single-family properties similar to 11405 3rd St E, have been sold.

This represents a 36% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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