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275 116th Avenue
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PRICED AT ONLY: $3,500,000

Address: 275 116th Avenue, TREASURE ISLAND, FL 33706

Description

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 layoutsall 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.

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  • MLS#: U8239502 ( Residential Income )
  • Street Address: 275 116th Avenue
  • Viewed: 18
  • Price: $3,500,000
  • Price sqft: $275
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Intracoastal Waterway
  • Year Built: 1968
  • Bldg sqft: 12740
  • Bedrooms: 18
  • Total Baths: 18
  • Days On Market: 235

Description

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 layoutsall 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.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony
  • Living Area: 9294.00
  • Roof: Built-Up
Garage and Parking
  • Garage Spaces: 0.00
  • Parking Features: Assigned
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Electric
  • Pets Allowed: Cats OK, Dogs OK
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2023
Rental Information
  • Tenant Pays: Electricity, Water
Other Features
  • Country: US
  • Interior Features: Window Treatments
  • Legal Description: CAPRI ISLE SUB BLK A, LOTS 18 AND 19
  • Levels: Two
  • Area Major: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
  • Occupant Type: Tenant
  • Parcel Number: 14-31-15-13230-001-0180
  • Views: 18
  • Zoning Code: RM-15
Nearby Subdivisions
Capri Isle Sub   Coney Island   Isle Of Palms   Ocean Club   Sawyer Harrells Add   Sunset Beach  
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