Location, Location, Location. Introducing an extraordinary, rare opportunity in real estate! This remarkable 10-unit multifamily property, built on a 0.5-acre double lot, boasts over 200 feet of water frontage, offering stunning waterfront views. Eight of the units feature spacious 2 bedrooms and 2 bathrooms, while the remaining two units offer cozy 1 bedroom and 1-bathroom layouts—all overlooking the water. Imagine the allure of waking up to serene water vistas from every window. Walkable distance from Treasure Island beach, famous John’s Pass and Hubbard’s Marina, where you’ll find shopping, waterfront dining, and a variety of water activities. This property promises endless possibilities for rentals, whether long-term leases or lucrative vacation rental ventures. Don’t miss out on this prime investment opportunity! New concrete Seawall and new windows installed in 2023.
Property Details
Price:
$3,500,000
MLS #:
U8239502
Status:
Active
Beds:
18
Baths:
18
Address:
275 116TH AVENUE
Type:
Multi Family
Subdivision:
CAPRI ISLE SUB
Neighborhood:
33706 – Pass a Grille Bch/St Pete Bch/Treasure Isl
City:
TREASURE ISLAND
Listed Date:
May 1, 2024
State:
FL
Finished Sq Ft:
12,740
Total Sq Ft:
12,740
ZIP:
33706
Lot Size:
22,163 sqft / 0.51 acres (approx)
Year Built:
1968
Units:
10
Schools
Interior
Cooling
Central Air
Heating
Electric
Laundry Features
Common Area
Exterior
Construction Materials
Concrete, Stucco
Exterior Features
Balcony
Parking Features
Assigned
Roof
Built- Up
Financial
Tax Year
2023
Taxes
$25,269
Map
Community
- Address275 116TH AVENUE TREASURE ISLAND FL
- SubdivisionCAPRI ISLE SUB
- CityTREASURE ISLAND
- CountyPinellas
- Zip Code33706
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Courtesy of LAUREN MICHAELS R.E. PARTNERS. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
275 116TH AVENUE
TREASURE ISLAND, FL
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