Back on the Market after some new interior and exterior updates, including the replacement of cast iron drainage pipes and a lovely landscape makeover! Here, at the southernmost tip of Treasure Island is eclectic Sunset Beach. Step back in time and experience Old Florida Charm, where beach bungalows and cottages from the 40's & 50's proudly abound! . It stands as a proud testament to yesteryear, while enjoying modern updates that provide the conveniences we have come to expect. Additionally, it has up-to-date electrical systems and has had the waste pipes renewed to the connection at the street. This beautiful 1940's legal duplex has earnings of short-term base rental income of $48K to 8/31/21. Choose to live in one unit while renting the other; rent both and use as a second-home when so desired; or, you may easily convert back to a single-family home! This property is almost equidistant from the pristine white sand of the beach & the warm waters of Blind Pass. Walk east or west about 800 steps and you can be either enjoying the beach or the bay! And while far enough away from the Maddening Crowd to relax and enjoy solitude, it is also close enough that you can be in the thick of things. Indeed, there is no shortage of things to do within a very tight radius, from great restaurants and shops to the widely recognized world-class beaches of both St. Pete Beach and Treasure Island. Upon entering the front unit of 550 acsf, you will step into a bright and cozy open-plan living space with soaring ceiling heights and a spiral staircase to the sleeping quarters of the lovely loft! The great room includes a full-size kitchen with stainless steel range, microwave, refrigerator and granite countertops, including an ample breakfast bar for dining. On this floor there is also the newly remodeled full bathroom with walk-in shower. Ascend that spiral staircase and check out the loft with vaulted ceilings. Here there are accommodations for both a queen-sized bed and a twin. The room enjoys the bonus of a balcony that opens via French doors. The second unit is larger with a total air-conditioned square footage of 1,126 acsf. It too has grand ceiling heights, abundant bright windows and many interesting features, including original heart-pine flooring; shiplap; wood paneling; dental mouldings; and many other interesting original features. On the ground floor of the 2/2, there is a large living room, the central feature of which is a stylish fireplace. Off of the main living area is a good-sized kitchen with a gas range, dining area, guest bedroom and full bath. Upstairs is an incredibly charming loft area that includes dollhouse-stye sleeping quarters with twin beds nestled under the ceiling eaves. Passing through this area, you reach the primary ensuite bedroom with balcony overlooking a tropical garden. The bathroom here has been beautifully remodeled with a mixture of contemporary and eclectic wood and iron accent pieces that together create an Architectural Digest-worthy living space. The backyard has a deck for al fresco dining, a she-shed with laundry facilities and a large paved area for enjoying the great Florida outdoors. The tropical landscaping and shell borders finish the oasis. All you need is Buffett on the radio and a margarita in your hand. Welcome to island time!