106 E BAY DRIVE
Treasure Island, FL, 33706 $ 675,000
Bedrooms5 Baths4.0 Sq 2,016 Monthly Estimate*
$ 4,156
for $675,000 with 5 bedrooms and 4 full baths. This 2,016 square foot home was built in 1938 on a lot size of 0.07.
Located in the heart of highly sought-after Sunset Beach, this rare tri-plex opportunity is just a 2-minute walk to the beautiful white sands of Sunset beach and surrounded by the laid-back beach lifestyle that makes Treasure Island so special. Walk to local beachfront restaurants, live music, coffee shops, bars, and entertainment, while enjoying one of the most charming and walkable beach communities on Florida’s Gulf Coast. Previously operated as a highly successful short-term rental property, this unique beach compound consists of three separate units, including a main building with two apartments plus a detached standalone efficiency unit — offering endless possibilities for redevelopment, investment, vacation use, or future income potential. The property sustained flood damage during Hurricane Helene and wind damage during Hurricane Milton and is currently vacant and in disrepair. This is being marketed primarily for its exceptional location, lot value, and redevelopment potential. Renovate and reimagine the existing structures, elevate the property approximately 12 feet to create a future coastal retreat, or start fresh with brand-new construction. Opportunities like this in Sunset Beach are increasingly rare. This location places you minutes from everything beach living has to offer — waterfront dining, boating, fishing charters, dolphin cruises, parasailing, jet ski rentals, beach bars, live entertainment, and nightly sunsets over the Gulf. Whether you envision a luxury beach getaway, income-producing investment property, or a completely new coastal development project, the potential here is truly unmatched. Bring your vision and take advantage of this incredible opportunity to create something special in one of Tampa Bay’s most beloved beach communities. Photos of the exterior were taken prior to the hurricanes.
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FeaturesGeneralSewer Public Sewer
Heating Central Zoned
Cooling Central Air Zoned
Utilities Public
Roof Shingle
Appliances None
Construction Materials Stucco
Year Built 1938
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Pinellas
New Construction false
Property Type Residential
Attached Garage false
Subdivision Name HERRONS SUB 5
Facing Direction South
Garage Y/N false
Total Rooms 3
Full Baths 4
Status Active
Directions Gulf Blvd to Harrell Ave. E on Bay
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 3019
Carport Y/N false
Listing Terms Cash
Land Lease Y/N false
Tax Annual Amount 6040.8
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8506601
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 30
Legal Description HERRON'S SUB NO. 5 LOT 30
Minimum Lease No Rent
Water Access Y/N false
Water View Y/N false
Flood Zone Code AE
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InteriorInterior Amenities Ceiling Fan(s)
Flooring Ceramic Tile
Furnished Y/N Unfurnished
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Inside
Total Bedrooms 5
Total Baths 4
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ExteriorExterior Amenities Balcony
Water Source Public
Lot Size Area 3019
Foundation Details Slab
Building Area Total 2016
Lot Dimensions 60 x 50
Lot Size Acres 0.07
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
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* Excluded FeaturesList Bytamaraperez4@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,156
- Monthly Property Taxes
- $503
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbySingle family listings in Treasure Island, FL
Average List Price $1,924,225
Percent of Sale Price 185%
About Treasure Island, FL 6,921 Population
-6% Since 2002
$ 70,581 Median Income
60.44 Median Age
8% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/8/2026 | $675,000 | | Listed Price |