40 83rd Avenue, Treasure Island, FL 33706

$949,000
1,756
SqFt
List Price
$949,000
Status
Active
Days on Market
61
MLS#
U8125843
Property Style
Duplex
Year Built
1940
Living Area
1,756
Lot Size
3,999
Acres
0.09
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Sunset Beach
MLS Area Major
Pass a Grille Bch/St Pete Bch/Treasure Isl

Property Description

At the southernmost tip of Treasure Island lies eclectic Sunset Beach – which is, as locals know, the island’s ‘truest treasure.’ Step back in time here to experience Old Florida Charm, where beach bungalows and cottages from the 40’s, 50’s and older still, proudly abound! This beautiful 1940’s duplex stands as a proud testament to that yesteryear, while enjoying modern updates that provide the conveniences we have come to expect. After a long day at the beach, you will be delighted to be welcomed home here. Choose to live in one unit and rent the other; rent both and use as a second-home when so desired; or, take advantage of the best VACATION RENTAL market we have EVER seen and rent, Rent, RENT!!! OR, you may easily convert back to a single-family home! Location: While this property is off the ‘main drag,’ (which in this case is two lanes, one going each way), it is almost equidistant from the pristine white sand of the beach & the warm waters of Blind Pass. Walk east or west about 800 steps and you can be either enjoying the beach or the bay! And while far enough away from the Maddening Crowd to relax and enjoy solitude, it is also close enough that you can be in the thick of things at Caddy’s Beach Bar, which is just a smidge over ½ mile north. Indeed, there is no shortage of things to do within a very tight radius, from great restaurants and shops to the widely recognized world-class beaches of both St. Pete Beach and Treasure Island. Upon entering the front unit of 550 acsf, you will step into a bright and cozy open-plan living space with soaring ceiling heights and a spiral staircase to the sleeping quarters of the lovely loft! But though you are immediately enticed to ascend those stairs and see what awaits you above, let’s stay for a moment with our feet on the ground. Look about! The great room includes a full-size kitchen with stainless steel range, microwave, refrigerator and granite countertops, including an ample breakfast bar for dining. On this floor there is also the newly remodeled full bathroom with walk-in shower. Okay! Now, ascend that enticing spiral staircase and check out the loft with its vaulted ceilings. Here there are accommodations for both a queen-sized bed and a twin. The room enjoys the bonus of a balcony that opens via French doors. The back unit is larger with a total air-conditioned square footage of 1,126 acsf. It too has grand ceiling heights, abundant bright windows and many interesting features, including original heart-pine flooring, ships lap; wood paneling; dental mouldings; and many other interesting original features, including a fireplace, which has been converted to gas. On the ground floor there is a large living room, the central feature of which is the aforementioned fireplace. Off of the main living area is a good-sized kitchen with a gas range, as well as a guest bedroom and full bath. Upstairs is an incredibly charming loft area that includes dollhouse-stye sleeping quarters with two twin beds nestled under the ceiling eaves. Passing through this area, you reach the primary ensuite bedroom with balcony overlooking the beautiful back garden. The bathroom here has been beautifully remodeled with a mixture of contemporary and eclectic wood and iron accent pieces that together create an Architectural Digest-worthy living space. 2020 income=$23,433 due to COVID restrictions. 2021 bookings to date =$38,861. 2020 Utilities/Taxes/Ins/Advertising = $29,296. Annual Gross Inc Est at $60K.

Additional Information

Taxes
$6136
Minimum Lease
1-7 Days
Location
Flood Insurance Required, FloodZone, Street Paved
Community Features
No Deed Restriction
Property Description
Two Story
Interior Layout
Ceiling Fans(s), Thermostat, Vaulted Ceiling(s), Window Treatments
Interior Features
Ceiling Fans(s), Thermostat, Vaulted Ceiling(s), Window Treatments
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Other, Public
Heating
Central, Propane
Air Conditioning
Central Air
Fireplace
Yes
Fireplace Description
Gas
Exterior Construction
Wood Frame
Exterior Features
Balcony, French Doors, Storage
Roof
Shingle
Foundation
Crawlspace
Pool
No Pool
Garage Features
Driveway, Off Street
Pets
Allowed
Flood Zone Code
VE
Parcel ID
36-31-15-87390-003-0060
Legal Description
SUNSET BEACH UNIT 1 BLK 3, LOT 6

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Listing courtesy of NEXTHOME BEACH TIME REALTY.

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