Waterfront
Address
275 116th AVENUE, TREASURE ISLAND, FL
Price
$ 3,500,000
Property Attributes
  • MLS#U8239502
  • TypeIncome
  • CountyPINELLAS
  • CityTREASURE ISLAND
  • AreaPass a Grille Bch-St Pete Bch-Treasure Isl
  • NeighborhoodCapri Isle Sub
  • Zip33706
  • StyleMulti Family
  • Year Built1968
  • Taxes$ 25269
  • Price$ 3,500,000
  • Bedrooms18
  • Full Bathrooms18
  • Half Bathrooms0
  • Sqr Footage9294
  • Lot Size0.51 Acres
Data Source:
Stellar MLS
Property 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 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.

Price History
5/1/2024 Listed $3,500,000

General Features

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

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix AVENUE
Laundry Features Common Area
Total Bedrooms 18
LivingAreaSource Public Records
Total Baths 18
Living Area Units Square Feet

Exterior Features

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

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33706

Price
AVG $2.08M
$3.5M
Taxes
AVG $16,303
$25,269
Visits
AVG 505
257
Data Provided by Inside Real Estate®
Year Built
AVG 1953
1968

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