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12527 1ST ISLE

Multi-family For Sale
$415,000

BTC: 5.18750000

ETH: 166.00000000

22 days
Waterfront
6 bds
1,656 sqft

Overview

Waterfront Duplex with Direct Gulf Access – Incredible Investment Opportunity! Rare opportunity to own a canal-front duplex with direct access to the Gulf of Mexico—perfect for investors or anyone looking to enjoy the Florida waterfront lifestyle. Each unit offers 2 bedrooms and 1 bathroom with a comfortable, functional layout ideal for both long- and short-term rental potential. The property has been updated with new tile flooring, fresh interior paint, and updated kitchens, making it truly move-in ready. Step outside and enjoy your private floating dock—perfect for boating, fishing, kayaking, or simply relaxing while taking in peaceful water views. Whether you choose to live in one unit and rent the other, or maximize income with a full rental investment, the possibilities are endless. Zoned MF1 (Multi-Family Medium Density) with potential for up to 4 units, this property offers both immediate income and future development upside. Conveniently located just minutes from Gulf beaches, waterfront dining, shopping, and the airport, this is a prime location for both lifestyle and investment. Don’t miss this rare waterfront opportunity—schedule your showing today!

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1970
Lot:
0.14 Acres
Heating:
Other
Price/sqft:
$251
Cooling:
Mini-Split Unit(s)
HOA:
No Data

Highlights

Annual tax
$6,631
2025
Waterfront
Canal - Saltwater
All facts and features
  • Heating

    • Other

    Cooling

    • Mini-Split Unit(s)

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 6

  • Property

    • Exterior Features: Fenced

    Lot

    • Lot: 0.14 Acres

    Other Property Information

    • Parcel Number: 162504004.0000.00208.0

    • Zoning: MF1

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Available

  • Other financial information

    • Annual tax amount: $6,631

  • Source details

    • MLS ID: TB8541790

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Laundry Closet

    • Waterfront: Yes

    • Living Area: 1656

    • Water Source: Public

    • Subdivision Name: LEISURE BEACH

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: DALTON WADE INC