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12611 1ST ISLE

Multi-family For Sale
$419,000

BTC: 5.98571429

ETH: 4,190.00000000

15 days
Waterfront
4 bds
1,224 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Amazing investment opportunity for a savvy buyer! This charming duplex is already set up and operating as a successful mid-term rental, catering to traveling professionals, snowbirds, and those in need of temporary housing. Located on a tidal canal with a floating dock and brand new seawall already installed, the property offers direct access to the Gulf—perfect for boating, jet skiing, kayaking, or paddle boarding. Guests love fishing off the dock and often enjoy sightings of dolphins and manatees, adding to the unique waterfront experience. Both units are partially furnished. Each unit features 2 bedrooms, 1 bathroom, a private lanai, and its own stackable washer and dryer. Brand new kitchen with quartz countertop. The home has been well maintained, with a roof that’s only 5 years old and recent interior and exterior paint. There’s ample parking with space for up to four vehicles. There is no HOA, but owners have the option to join the Leisure Beach Civic Association for just $50/year, offering access to fun community events like cook-offs and a Christmas Boat Parade. Pasco County regulations, rentals under 30 days are not permitted, but there is strong demand for mid-term stays. This is an ideal opportunity for someone looking to break into the rental market or expand an existing portfolio. Even better—you can live in one unit and rent out the other.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1972
Lot:
0.11 Acres
Heating:
Central / Electric
Price/sqft:
$342
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Ceramic Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Property

    • Levels: One

    • Exterior Features: Sliding Doors

    Lot

    • Lot: 0.11 Acres

    Other Property Information

    • Parcel Number: 1625040040000002130

    • Zoning: MF1

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Available

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $6,189

  • Source details

    • MLS ID: TB8489197

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Patio And Porch Features: Screened

    • Waterfront: Yes

    • Living Area: 1224

    • Water Source: Public

    • Subdivision Name: LEISURE BEACH

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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: CAPSTONE REALTY & ASSOCIATES