Homes for sale - 145 116TH AVE, Treasure Island, FL 33706

Bill Bambrick

Agent | License ID: SL3483300

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$﹡﹡﹡﹡﹡(Non-Disclosure)

Est. payment | -/mo

24 Beds

24 Baths

12,216 SqFt

$﹡﹡﹡﹡﹡(Non-Disclosure)

Est. payment | -/mo

24 Beds

24 Baths

12,216 SqFt

Key Details

Sold Price Non-Disclosure

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 12,216 sqft

Price per Sqft $335

Subdivision City Of Treasure Island

MLS Listing ID TB8342761

Sold Date 05/21/25

Bedrooms 24

HOA Y/N No

Year Built 1987

Annual Tax Amount $38,740

Lot Size 0.650 Acres

Acres 0.65

Property Sub-Type Multi Family

Source Stellar MLS

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

Area 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl

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, Lighting, Outdoor Grill, Outdoor Shower, Private Mailbox, Sidewalk

Parking Features Assigned, Covered, Guest, Basement

Pool Gunite, In Ground

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

Waterfront Description Intracoastal Waterway

View Y/N 1

Water Access 1

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

Listed by TOTAL REALTY SERVICES INC
Bought with TOTAL REALTY SERVICES INC

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(941) 218-9961

[email protected]

145 116TH AVE Treasure Island, FL 33706