Live the beach lifestyle while enjoying rental income from two additional units! Tucked away on quiet Lagoon Lane in Treasure Island, this fully renovated property offers a fantastic opportunity to own three separate living spaces just steps from everything that makes this coastal community so special. The property features a duplex in the front and a separate studio in the back, offering flexibility for an owner-occupant or investor. Live in one unit while collecting rental income from the other two, or take advantage of the income potential of all three. Both units in the front duplex feature loft spaces, providing ample additional storage. Recent improvements include a metal roof and newly installed mini-split AC systems in the front duplex, plus tankless water heaters in all three units, adding comfort, efficiency, and long-term value. Just one block from Gulf Boulevard, you are approximately a five-minute walk from having your toes in the sand! Take a quick stroll across the John’s Pass Bridge for dolphin watching, waterfront dining, shopping, and entertainment, then return home to the peaceful setting of Lagoon Lane. Two units are currently occupied by wonderful tenants, providing an opportunity for immediate rental income. Please respect their privacy and do not disturb occupants.
Property Details
Price:
$549,000
MLS #:
TB8558352
Status:
Active
Beds:
0
Baths:
3
Type:
Multi Family
Subtype:
Triplex
Subdivision:
CONEY ISLAND
Neighborhood:
33706passagrillebchstpetebchtreasureisl
Listed Date:
Oct 15, 2026
Finished Sq Ft:
1,264
Lot Size:
3,816 sqft / 0.09 acres (approx)
Year Built:
1946
See this Listing
Schools
Interior
Cooling
Mini-Split Unit(s)
Flooring
Luxury Vinyl
Heating
Wall Units / Window Unit
Interior Features
Ceiling Fan(s)
Laundry Features
Laundry Closet
Exterior
Construction Materials
Block
Exterior Features
Private Entrance, Private Mailbox
Roof
Membrane, Metal
Financial
Tax Year
2025
Taxes
$5,710
Map
Community
- Address119 125TH AVENUE TREASURE ISLAND FL
- SubdivisionCONEY ISLAND
- CityTREASURE ISLAND
- CountyPinellas
- Zip Code33706
Subdivisions in TREASURE ISLAND
- 300 CAPRI BLVD
- BAY BREEZE CONDO
- BEACH CLUB AT TREASURE
- BEACH PLACE OF TREASURE ISLAND
- BEACH VILLAS OF TREASURE ISLAND
- BELLA CASA TWNHMS
- BLIND PASS LAGOONS CONDO
- BLUE WATERS THE CONDO
- BOCA CIEGA PASS SUB
- CAPRI HARBOR CONDO
- CAPRI ISLE
- CAPRI ISLE GARDEN
- CAPRI ISLE SUB
- CAPRI ISLE TOWNHOMES
- CAPRI ISLE TWNHMS
- CAPRI LAGOONS CLUB CONDO
- CAPRI LAGOONS CONDO
- CAPRI OF T I CONDO
- CAPRI TOWNHOME CONDOMINIUM
- CARAVEL 1 CONDO
- CAREFREE APTS CONDO
- CEDARSAND CONDO
- CHALET CAPRI II
- CLUB CAPRI CONDO
- CONEY ISLAND
- CONEY ISLAND 1ST ADD UNREC
- CRYSTAL PALMS BCH RESORT AT TREASURE ISLAND CONDO
- DEL MAR AT SUNSET BEACH
- DOLPHIN BAY REP
- EIGHTY-FIFTH AVE REP
- ENTRADA CONDO
- GRIFFITH CAPRI ISLE CONDO
- GRIFFITH CAPRI ISLE CONDO UNIT 12400 A
- GRIFFITH CAPRI ISLE CONDO UNIT 12400 B
- GULF TO BAY LAGOONS CONDO
- HARBORVIEW
- HARBORVIEW CONDO
- HARRELLS ADDIE B SUB
- HARRELLS T W
- HERRONS SUB 1
- HERRONS SUB 2
- HERRONS SUB 3
- HERRONS SUB 4
- HERRONS SUB 5
- HERRONS SUB 6
- HERRONS SUB 8
- ISLAND INN CONDO
- ISLE OF CAPRI TWNHMS
- ISLE OF PALMS
- ISLE OF PALMS 1ST ADD
- ISLE OF PALMS 2ND ADD
- KEY CAPRI CONDO
- KEY CAPRI CONDO EAST
- LA COSTA BRAVA CONDO 1
- LANDS END AT SUNSET BEACH CONDO
- MALYN CONDO MOTEL CONDO
- MANSIONS BY THE SEA CONDO
- MARQUESA CONDO
- MC SHEEHY SUB
- OCEAN CLUB TREASURE ISLAND A RESORT CONDO
- OCEANA AT TREASURE ISLAND CONDO
- OLCOTT-KELLEY SUB
- PARADISE ISLAND
- PARADISE ISLAND 1ST ADD
- PARADISE ISLAND 2ND ADD
- PARADISE ISLAND 2ND ADD PT 3
- PARADISE ISLAND 2ND ADD PT 4
- PARADISE ISLAND 3RD ADD
- PARADISE ISLAND 4TH ADD
- PARADISE ISLAND 5TH ADD
- PARADISE ISLAND 6TH ADD
- PARADISE ISLAND TOWERS CONDO
- PARADISE ISLAND TR A REP
- PEARL
- PENGUIN CABANA SUB
- PENQUIN CABANA SUB
- SAND DUNES THE CONDO
- SAWYER & HARRELLS 2ND ADD
- SAWYER & HARRELLS ADD
- SOUTH BEACH CONDO HOTEL
- SUN KETCH CONDO
- SUNSET BEACH
- SUNSET BEACH UNIT 04
- SUNSET CHATEAU CONDO
- SUNSET COVE CONDO
- SUNSET COVE OF TREASURE
- SUNSET VISTAS CONDO HOTEL ON THE GULF
- TIDES OF CAPRI WEST CONDO
- TREASURE CAY CONDO
- TREASURE ISLAND CITY OF
- TREASURE ISLAND LAGOONS CONDO
- TREASURE ISLAND TENNIS & YACHT CLUB
- TREASURE ISLAND VILLAS
- TREASURE ISLAND VILLAS CONDO
- TREASURE ISLANDS POINTS WEST APTS CONDO
- TREASURE SANDS CONDO
- TREASURES OF CAPRI CONDO
- TREASURES OF CAPRI SUB
- TROPIC TERRACE APT
- VILLA CAPRI – TI1 A CONDO
- VILLAGE OF PARADISE ISLAND
- VITTORIA CONDO
- WESTWIND CONDO APTS
- WESTWINDS OF TREASURE ISLAND CONDO
- WHITE HART CONDO
- YUM YUM TREE THE CONDO
Market Summary
Current real estate data for Multi Family in TREASURE ISLAND as of Oct 20, 2026
14
Multi Family Listed
172
Avg DOM
592
Avg $ / SqFt
$1,547,621
Avg List Price
Property Summary
- Located in the CONEY ISLAND subdivision, 119 125TH AVENUE TREASURE ISLAND FL is a Multi Family for sale in TREASURE ISLAND, FL, 33706. It is listed for $549,000 To schedule a showing of MLS#tb8558352 at 119 125TH AVENUE in TREASURE ISLAND, FL, contact your CENTURY 21 Carioti agent at 2392986550.
Similar Listings Nearby
Courtesy of HAPPY HOMES PROPERTY MANAGEMEN. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. 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 2026. Orlando/Tampa – FL. All rights reserved. 119 125TH AVENUE
TREASURE ISLAND, FL
