119 125TH AVENUE Treasure Island, FL $ 549,000
119 125TH AVENUE
$ 549,000
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119 125TH AVENUE

Treasure Island, FL, 33706
$ 549,000
Bedrooms-- Baths3.0 Sq 1,264

Monthly Estimate*

$ 3,792

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Multi-Family Home for sale in Treasure Island, FL

for $549,000 with 3 full baths. This 1,264 square foot home was built in 1946 on a lot size of 0.09.

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.

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Multi-Family Active

Price

$ 549,000

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,709

Style

Triplex

Lot Size

0.09

Year Built

1946

Town/City

Treasure Island

County/Region

Pinellas

MLS | Web ID

TB8558352

Features
General
Sewer Public Sewer
Heating Wall Units / Window Unit
Cooling Mini-Split Unit(s)
Utilities BB/HS Internet Available Electricity Connected Water Connected
Roof Membrane Metal
Garage Spaces 0
Construction Materials Block
Year Built 1946
Property Subtype Triplex
Tax Year 2025
Ownership Fee Simple
County Pinellas
New Construction false
Property Type Residential Income
Subdivision Name CONEY ISLAND
Garage Y/N false
Status Active
Directions From Gulf Boulevard in Treasure Island turn east onto 125th Avenue approximately two blocks south of John's Pass Bridge. Continue to Lagoon Lane and turn left. The property is located at 119 125th Avenue.
City TREASURE ISLAND
Senior Community Y/N false
MLS Area 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Lot Size Units Square Feet
Lot Size Square Feet 3816
Carport Spaces 0
Carport Y/N false
Listing Terms Cash Conventional FHA VA Loan
Land Lease Y/N false
Tax Annual Amount 5709.8
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8558352
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 8
Legal Description CONEY ISLAND BLK 9 LOT 8
Water Access Y/N false
Additional Rooms Loft
Water View Y/N false
Flood Zone Code AE
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Interior
Interior Amenities Ceiling Fan(s)
Flooring Luxury Vinyl
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Laundry Closet
Total Bedrooms 0
Total Baths 3
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Exterior
Exterior Amenities Private Entrance Private Mailbox
Water Source Public
Lot Size Area 3816
Foundation Details Block Crawlspace
Number of Buildings 2
Lot Dimensions 38 x 106
Lot Size Acres 0.09
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Happy Homes Property Managemen

Broker

ashley@happyhomesmgmt.com

Email

Affordability Calculator

$4,268
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,792
Monthly Property Taxes
$476
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/15/2026$549,000 Listed Price

Map


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119 125TH AVENUE, Treasure Island, FL, 33706 is a Multi-Family Home for sale at $549,000 with 1,264 sqft and a lot size of 0.09. 119 125TH AVENUE has 3.0 baths and was built in 1946. The property's zip code is 33706 which is in Treasure Island, FL