275 116th AVENUE Treasure Island, FL $ 3,500,000
275 116th AVENUE
$ 3,500,000
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275 116th AVENUE

Treasure Island, FL, 33706
$ 3,500,000
Bedrooms18 Baths18.0 Sq 9,294

Monthly Estimate*

$ 24,449

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Multi-Family Home for sale in Treasure Island, FL

for $3,500,000 with 18 bedrooms and 18 full baths. This 9,294 square foot home was built in 1968 on a lot size of 0.51.

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.

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Multi-Family Active

Price

$ 3,500,000

Bedrooms

18

Full Bath

18

Property Type

Multi-Family

Taxes

$ 25,269

Style

Multi Family

Lot Size

0.51

Year Built

1968

Town/City

Treasure Island

County/Region

Pinellas

MLS | Web ID

U8239502

Features
General
Interior Features Window Treatments
Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities Cable Connected Electricity Connected Sewer Connected Water Connected
Roof Built-Up
Exterior Features Balcony
Zoning RM-15
Construction Materials Concrete Stucco
Pets Allowed Cats OK Dogs OK
Year Built 1968
Levels Two
Property SubType Multi Family
Tax Year 2023
Percent Ownership Fee Simple
Waterfront Features Intracoastal Waterway
County Pinellas
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name CAPRI ISLE SUB
Garage Y/N No
Status Active
Directions Driving North on Gulf Blvd. make right on 116th Ave drive 0.3 miles then Building will be on the right.
City TREASURE ISLAND
Buyer Agent Compensation 2%
Body of Water Boca Ciega Bay
Senior Community Y/N No
Total Units 10
MLS Area 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Lot Size Square Feet 22163
Private Pool No
Waterfront Y/N Yes
Carport Y/N No
Street Name 116th
Tax Annual Amount 25269
Public Remarks 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 fro
Virtual Tour https://www.propertypanorama.com/instaview/stellar/U8239502
Days on Market 13
Standard Status Active
Tax Lot 18
Legal Description CAPRI ISLE SUB BLK A LOTS 18 AND 19
Water View Bay/Harbor - Full Intracoastal Waterway
Water Access Type Intracoastal Waterway
Water Access Y/N Yes
Water View Y/N Yes
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Exterior
Parking Features Assigned
Water Source Public
Lot Size Area 22163
Foundation Details Slab
Number of Buildings 1
Building Area Total 12740
Lot Size Acres 0.51
Road Surface Type Asphalt
Lot Size Units Square Feet
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Interior
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix AVENUE
Laundry Features Common Area
Total Bedrooms 18
Total Baths 18
Living Area Units Square Feet
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* Excluded Features
List By
Lauren Michaels R.E. Partners

Broker

shadylmrep@gmail.com

Email

Affordability Calculator

$26,554
Per Month
92%
8%
0%
Monthly Principal & Interest
$24,449
Monthly Property Taxes
$2,106
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2024$3,500,000 Listed Price

Map


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275 116th AVENUE, Treasure Island, FL, 33706 is a Multi-Family Home for sale at $3,500,000 with 9,294 sqft and a lot size of 0.51. 275 116th AVENUE has 18 bedrooms, 18.0 baths, and was built in 1968. The property's zip code is 33706 which is in Treasure Island, FL