11855 1st Street E, Treasure Island, FL 33706

Treasure Island
Local realty services provided by:Gulf Shores Realty ERA Powered
11855 1st Street E,Treasure Island, FL 33706
$1,395,000
Virtual Tour
  • 0.23 Acres
  • Lots / Land
  • Active
Listed by: bob meyers, jr
Office: weichert realtors exclusive properties
MLS#:TB8402631
Source:MFRMLS

Price summary

  • Price:$1,395,000

About this home

JUST REDUCED!!!! Very rare opportunity…... This property is an excellent investment possibility or the perfect 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 John’s 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. For 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”. There’s 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. This huge lot could also be...

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Home facts

  • Listing ID #:TB8402631
  • Added:268 day(s) ago
  • Updated:March 27, 2026 at 12:46 PM

Structure and exterior

  • Lot area:0.23 Acres
  • Lot Features:Buildable, Compact Soil, Corner Lot, Curb and Gutters, Flood Plain/Bottom Land, Landscaped, Level, Paved, Street Lights
  • Levels:1 Story

Utilities

  • Water:Public, Water Available
  • Sewer:Public, Public Sewer, Sewer Available

Finances and disclosures

  • Price:$1,395,000
  • Tax amount:$17,236 (2024)

Features and amenities

  • Amenities:Cable Available, Electricity Available, Phone Available
  • Pool features:Public Pool
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