11240 3rd St E, Treasure Island, FL 33706
Property image
Property image
OFF MARKET

$1,113,800

Trulia Estimate
  • 4 Beds
  • 4 Baths
  • 2,040 sqft

11240 3rd St E, Treasure Island, FL 33706

Isle of Palms
Est. Refi. Payment $7,358/mo*
Refinance Your Home
Currently Off Market - Sold Sep 2, 2022 for $1,257,500

Home Value

Trulia Estimate
$1.11M
Since last month
$300 (0%)
Since last year
Decreased$46K (-3.9%)
Since last sale
Decreased$147K (-11.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +242% in the last 10 years
MonthEstimated value
2026
August 2026$1.11M
July 2026$1.11M
June 2026$1.16M
May 2026$1.15M
April 2026$1.13M
March 2026$1.14M
February 2026$1.16M
January 2026$1.12M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.17
Multi-Family Home
$920,000
05/29/26
5
4
2,736
0.13
Multi-Family Home
$555,000
12/25/25
3
2
1,584
1.03
Multi-Family Home
$1,275,000
02/25/26
5
6
3,144
1.38
Multi-Family Home
$849,000
05/21/26
4
4
1,936
1.32
Multi-Family Home
$695,000
06/30/26
4
2
2,439
1.45
Multi-Family Home
$525,000
03/11/26
4
2
1,352
1.49
Multi-Family Home
$600,000
09/26/25
4
2
1,236
1.38
Multi-Family Home
$375,000
06/17/26
3
2
1,394
0.57
Multi-Family Home
$2,255,000
05/13/26
-
3,780
1.68
Multi-Family Home
$560,000
03/10/26
2
3
1,791

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.04
$791,000
2
2
1,444
Off Market
0.04
$432,400
3
3
1,864
Off Market
0.06
$1,625,000
3
3
2,357
Recently Sold
0.06
$879,600
3
2
1,616
Off Market
0.07
$553,900
3
2
1,465
Off Market
0.06
$870,000
3
2
1,616
For Sale
0.07
$553,700
2
2
1,170
Off Market
0.09
$297,700
3
2
1,152
Off Market
0.06
$820,300
4
3
1,882
Off Market
0.10
$625,000
-
-
-
For Sale
0.11
$761,600
4
3
1,650
Off Market
0.12
$185,000
1
1
650
Recently Sold

Local Information

  • Map ViewExplore the area around 11240 3rd St E.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1960
Living Area
2,040 sqft
Price/Sqft
$546

About this House

Quadplex. 4 1-bedroom apartments. Three units have been remodeled and all four units are in top shape and well maintained.
2 Units fully furnished for short term rentals
Newer A/C and Heat
Parking for all units
In a highly desirable location just 2 blocks from the beach
All units have been rented as no-smoking, no-pets for over 6 years and never any problems finding qualified renters
New TPO roof Dec 2020 with 20 year, transferrable warranty (Arry's/GAF)
Most furnishings are included with seasonal units.
Owner provided financials (rounded)
Annual gross income: 62000
Annual net income: 40150
Annual expenses:
Management: 6200 (10%)
Flood Ins: 2600 (Lloyds)
Haz Ins: 6400 (Lloyds)
Water: 3150
Maint/Repairs: 3500


11240 3rd St E, Treasure Island, FL 33706 is a 4 bedroom, 4 bathroom, 2,040 sqft multi-family in Isle of Palms, built in 1960. It last sold for $1,257,500 on Sep 2, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,113,800, with a rent estimate of $2,901/month.

Home Details for 11240 3rd St E

Interior Features

Heating & Cooling
Heating: Heat Pump, ElectricAir ConditioningCooling System: RefrigeratorHeating Fuel: Heat Pump
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile
Interior Details
Number of Rooms: 12Ceiling Fan
Appliances & Utilities
Cable ReadyDishwasherDisposalMicrowaveRefrigerator

Exterior Features

Exterior Home Features
Roof: OtherExterior: Other, Stucco, BrickFoundation Type: FootingLawnPatioPorch
Parking & Garage
Parking Spaces: 5Parking: Off Street

Property Information

Year Built
Year Built: 1960Year Updated: 2018
Property Type / Style
Property Type: Multi FamilyArchitecture: Modern

Community

Units in Building: 4

Lot Information

Lot Area: 3049 sqft

Price and Tax history

DateEventPrice
Sep 2, 2022
Source: N/A
Sold
$1,257,500
Jul 17, 2022
Source: Stellar MLS #U8168938
Pending
$1,250,000
Jul 8, 2022
Source: Stellar MLS #U8168938
Listed For Sale
$1,250,000
Sep 28, 2021
Source: N/A
ListingRemoved
Sep 8, 2021
Source: N/A
PriceChange
$819,000
Price increased by 4%

Market trends in Treasure Island

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$729K
$16.58K
MoM
Sale-to-List Price
โ€”
Price per sq ft
$453
$12
MoM
Available listings
226
13
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Isle of Palms

At least 1 Trulia users voted on each feature.
  • 100 % Say parking is easy

  • 100 % Say it's dog friendly

  • 100 % Say they plan to stay for at least 5 years

  • 100 % Say there's holiday spirit

  • 100 % Say yards are well-kept

  • 100 % Say it's quiet

  • 100 % Say streets are well-lit

  • 100 % Say car is needed

  • 67 % Say neighbors are friendly

  • 67 % Say people would walk alone at night

  • 67 % Say there are sidewalks

  • 25 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Great neighborhood, small town feel with lots of great stuff near by, plus the beach is a 10 minute drive. Crime is low and access to the beach is great, itโ€™s like Florida was 25 years ago except with better amenities and great air conditioning "
  • Seth F.
    "Neighbors are very friendly. You are close to all major attractions in the area yet still feel like you live in the countryside (lots of privacy!). So many dogs!"
  • Nicole D.
    "I donโ€™t commute as I work from home. Bridges can cause delays if youโ€™re in a hurry to get somewhere. "
  • Lbegando
    "Growing up with the beach as your playground is an amazing way of life. The people are friendly and there is always something to do!"
  • Jim
    "Friendly low key beach vibe, not hip, more old school. Light traffic, good roads. Plenty of good local restaurants and beach bars. Public beaches are beautiful and well groomed by the city. Great intercostal for kayak or paddle board. Fishing and crabbing are first rate."
  • Bill
    "still uncrowded and affordable. Becoming more cosmopolitan but has a way to go. Beautiful surroundings. "
  • Andrew R.
    "I lived here for many years and everything is in walking distance. The island is clean, safe, family and pet friendly. This house is perfectly located to the beach, parks, shopping, dining, entertainment and public transportation including free beach rides up and down the beaches. Treasure Island is still a small town and not overrun by huge hotels and condos, a great place to live."
  • Dana B.
    "Five years ago when we were relocated to the area we stumbled up Treasure Island and all of the wonderful beach, restaurants, shopping, music it has to offer. Isle of Palms is a wonderful community where people are friendly and welcoming."
  • Matthew C.
    "I stayed in the Heron's Landing condo on Isle of Palms a couple of years ago, and it has a newer dock (constructed around 2007). Once we parked our car in the parking lot, we rarely used the car again, choosing instead to either walk to our destination via the beach prominade (paved multi-use trail), or bicycle to destinations east over the Treasure Island Causeway and then on to the Pinellas Trail. It's a short 2 blocks to the beach, and an easy walk or bike ride to Publix grocery store, Walgreens, the bank, a book store, etc. We also enjoyed the bike ride to the Health Food Store on Central Avenue, and the Pinellas Trail bike route to Tyrone Mall, Walmart, and Target. We started making a game out of "lowering our carbon foot print" and even took the Beach Bus (from the nearby bus stop) to St. Pete Beach one day, then caught another bus to downtown St. Pete to see the Pier, the Fine Arts Museum, and the downtown Beach Drive waterfront area. Though we didn't have a "big boat" to park in the deep water boat slip that came with the condo, we used the dock to launch our peddling-paddling kayak, and enjoyed paddling to the Mangrove Island rookeries, and spoil islands in Upper Boca Ciega Bay Estuary near John's Pass. Awesome birdwatching paddle, especially during nesting time at the northern-most mangrove rookery. We loved the John's Pass waterfront so much on our paddle, we also found a back roads bicycle route to get to a pretty waterfront park at John's Pass where we liked to do dolphin watching and catch the sunset. Lazy us, even though the beach is only 2 blocks away, we commonly watched fireworks displays from the condo's front balcony (the condo is 2 blocks from the beach, but we could easily see the fireworks displays that seemed to come from behind the Bilmar. Though we're "older folks," when the wind was from the southwest and we heard the beat of the monthly drum circle, we felt compelled to walk the beach south and join it! Loved living there."

LGBTQ Local Legal Protections

Frequently asked questions about 11240 3rd St E

  • What is 11240 3rd St E estimated to be worth?
    Trulia's estimated value for 11240 3rd St E in Treasure Island, FL is $1,113,800.
  • What is the price history for 11240 3rd St E?
    11240 3rd St E in Treasure Island, FL last sold for $1,257,500 in September 2022.
  • Is Treasure Island a buyer's or seller's market?
    Treasure Island is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Treasure Island?
    The median sale price in Treasure Island is $729K. That is down $16.58K from the prior month.
  • Does 11240 3rd St E have air conditioning?
    Yes, 11240 3rd St E in Treasure Island, FL has air conditioning.
  • Does 11240 3rd St E have parking?
    Yes, 11240 3rd St E in Treasure Island, FL has on-site parking.

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