565 - 575 115Th Ave, Treasure Island, FL 33706

$1,395,000

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Home Description

Rare opportunity to own two prime waterfront properties for the price of one. Both properties experienced flood damage from hurricane Helene and accepting cash offers only. Stunning long canal views of Boca Ciega Bay on the sought-after deep-water Isle of Palms. Offered at an unbeatable value. This property features a new seawall spanning both lots and a composite dock equipped with a lift that can accommodate a 32-foot boat up to 10,000 pounds. The combined lots are 16,139 square feet, over a third of an acre, and have 62.2 feet of water frontage. One home is 1,430 square feet, two bedrooms, two baths, fireplace, wood dock and two-car garage. The other home is 1,665 square feet, three bedrooms, two baths, one-car garage with a composite dock. The seller makes no warranties about the home's potential for rehabilitation. This is a unique investment of two fabulous waterfront locations. If you’re considering rebuilding both homes, you could lift or build vertically rather than starting from scratch. Or you could build one larger home, the possibilities of renovating this combo property have endless potential to create your dream home in a desired coastal setting. Isle of Palms is close to John’s Pass Shopping and Restaurant Center, a popular destination for locals and tourists alike. The homes are about 15 minutes from downtown St. Petersburg and Interstate 275, north to Tampa and Tampa International Airport or south to Sarasota and Naples. Don't miss out on this rare chance to invest in Isle of Palms waterfront living at an incredible price!