FL > Treasure Island > City Of Treasure Island
Treasure Island, FL 33706,145 116TH AVE
Treasure Island, FL 33706,145 116TH AVE
Treasure Island, FL 33706,145 116TH AVE
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Vivian Saavedra

Vivian Saavedra

LPT Realty

+1(772) 332-9318
$5,250,000
Est. payment /mo
24 Beds
24 Baths
12,216 SqFt
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UPDATED:

02/14/2025 08:22 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,216 sqft

Price per Sqft $429

Subdivision City Of Treasure Island

MLS Listing ID TB8342761

Bedrooms 24

HOA Y/N No

Originating Board Stellar MLS

Year Built 1987

Annual Tax Amount $38,740

Lot Size 0.650 Acres

Acres 0.65

Property Sub-Type Multi-Family

Property Description

Prime investment opportunity in Treasure Island. This highly sought-after location is consistently in high demand from tenants, ensuring minimal vacancies and a steady stream of rental income and high potential for future appreciation in property value. This is a Turnkey 15-unit multifamily building with a mix of unit types—6 one-bedroom, one-bath units, and 9 two-bedroom, two-bath units, plus Full Washer & Dryer in each Unit. The variety allows for diverse tenant profiles. Every unit has a balcony that overlooks the scenic intracoastal waterway, adding a premium aspect that could attract tenants willing to pay a bit more for the view and waterfront living experience, plus it is just minutes walk to the Gulf Beaches. Exterior Features include Private Waterfront Pool, Dock, Outdoor Bathroom, Outdoor Shower, Grill and Bike Rack; all great features for tenants, enhancing the quality of life and making the property more appealing to renters. This building has an Elevator and Under-Building Designated parking as well as plenty of Guest Parking. 13 out of the 15 units are currently leased, with the remaining 2 used occasionnally by the owners. This shows that the property is actively rented, which can be reassuring to potential investors, as there's already an established rental income stream.

Location

State FL

County Pinellas

Community City Of Treasure Island

Interior

Interior Features Ceiling Fans(s), Living Room/Dining Room Combo

Heating Central

Cooling Central Air

Flooring Carpet, Tile

Furnishings Unfurnished

Fireplace false

Appliance Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer

Laundry Inside

Exterior

Exterior Feature Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Private Mailbox, Sidewalk

Parking Features Assigned, Covered, Guest, Under Building

Pool Gunite, In Ground

Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Waterfront Description Intracoastal Waterway

View Y/N Yes

Water Access Yes

Water Access Desc Intracoastal Waterway

View Water

Roof Type Shingle

Garage false

Private Pool Yes

Building

Lot Description FloodZone, Landscaped

Entry Level One

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Structure Type Block,Concrete

New Construction false

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8342761

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Stellar MLS
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by TOTAL REALTY SERVICES INC

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agent

Vivian Saavedra

+1(772) 332-9318

Agent | License ID: SL3466581

Agent License ID: SL3466581

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