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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.
Property Features
- Lot Size: 7,083
- County: Pinellas
-
Taxes: $10,829
| Rooms |
Dimension |
Description |
| Primary Bedroom |
9x12 |
First
|
| Kitchen |
10x9.5 |
First
|
| Living Room |
6x9 |
First
|
-
Features - Ceiling Fan(s), L Dining, Living Room/Dining Room Combo, Thermostat, Window Treatments
-
Appliances - Exhaust Fan, None
-
Heating - Wall Units / Window Unit
-
AirConditioning - Central Air, Wall/Window Unit(s)
-
FloorCovering - Terrazzo, Tile
-
Utilities - Electricity Available, Public, Sewer Available, Sprinkler Meter
-
WaterSource - Boat Ramp - Private, Lift
-
Location -
Flood Insurance Required
, FloodZone
, City Lot
, Level
-
ArchitecturalStyle -
Ranch
-
Construction -
Block
-
Features -
Sprinkler Metered
-
Roof -
Shingle
-
Foundation -
Slab
-
Water access
: Bay/Harbor
Water frontage
: Waterfront, Intracoastal Waterway
Water extras
: Boat Ramp - Private, Lift
Water view
: Bay/Harbor - Full
- Elementary - Azalea Elementary-PN
- Middle school - Azalea Middle-PN
- High school - Boca Ciega High-PN
Birdseye view for 11405 3RD STREET E, FL 33706
Street view for 11405 3RD STREET E, FL 33706
Listing information courtesy of LPT REALTY
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Listing data comes from My Florida Regional MLS.
