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  1. Michelle Hill, ABR,AHWD,PA,PSA,REALTOR ®,SFR
  2. Tropic Shores Realty
  3. Mobile: 352.247.2177
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  4. 145 116th Avenue, TREASURE ISLAND, FL 33706
145 116th Avenue, TREASURE ISLAND, FL 33706
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145 116th Avenue
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  • MLS#: TB8342761 ( Residential Income )
  • Street Address: 145 116th Avenue
  • Viewed: 50
  • Price: $5,250,000
  • Price sqft: $0
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Intracoastal Waterway
  • Year Built: 1987
  • Bldg sqft: 0
  • Bedrooms: 24
  • Total Baths: 24
  • Days On Market: 8
  • Additional Information
  • Geolocation: 27.7751 / -82.7737
  • County: PINELLAS
  • City: TREASURE ISLAND
  • Zipcode: 33706
  • Subdivision: City Of Treasure Island
  • Provided by: TOTAL REALTY SERVICES INC
  • Contact: Fatima Rapuano
  • 727-393-2534
  • mfrmls
  • DMCA Notice
  • 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 types6 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.
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Property Location and Similar Properties
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Similar
Features
Waterfront Description
  1. Intracoastal Waterway
Appliances
  1. Dishwasher
  2. Dryer
  3. Electric Water Heater
  4. Range
  5. Refrigerator
  6. Washer
Home Owners Association Fee
  1. 0.00
Baths Total
  1. 24
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Balcony
  2. Irrigation System
  3. Lighting
  4. Outdoor Grill
  5. Outdoor Shower
  6. Private Mailbox
  7. Sidewalk
Flooring
  1. Carpet
  2. Tile
Furnished
  1. Unfurnished
Garage Spaces
  1. 0.00
Heating
  1. Central
Interior Features
  1. Ceiling Fans(s)
  2. Living Room/Dining Room Combo
Legal Description
  1. TREASURE ISLAND
  2. CITY OF BLK G
  3. LOTS 11
  4. 12 & 13 TOGETHER WITH PART OF ENTRADA CONDO BLK F
  5. PHASE 1 DESC COM NW COR OF LOT 3 OF ENTRADA CONDO BLK F
  6. PHASE 1 TH S45D54' 47"E 120.96FT TH N52D00' 50"E 10.10FT FOR POB TH N52D00'50"E 43.16FT TO RIP RTS ALSO DESIGNATED AS POINT A TH RETURN TO POB TH S45D54'47"E 15FT TO RIP RTS ALSO DESIGNATED AS POINT B TH ALG RIP RTS LINE TO POINT A FOR CLOSING DIMENSION PER O.R. 19833/2086
Levels
  1. One
Living Area
  1. 12216.00
Lot Features
  1. FloodZone
  2. Landscaped
Area Major
  1. 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Net Operating Income
  1. 0.00
Parcel Number
  1. 23-31-15-91908-007-0110
Parking Features
  1. Assigned
  2. Covered
  3. Guest
  4. Under Building
Pets Allowed
  1. Yes
Pool Features
  1. Gunite
  2. In Ground
Property Type
  1. Residential Income
Roof
  1. Shingle
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Tenant Pays
  1. Electricity
Township
  1. 31
Utilities
  1. Cable Connected
  2. Electricity Connected
  3. Sewer Connected
  4. Water Connected
View
  1. Water
Views
  1. 50
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/TB8342761
Water Source
  1. Public
Year Built
  1. 1987
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Headshot for Associate Michelle Hill
  1. Michelle Hill, ABR,AHWD,PA,PSA,REALTOR ®,SFR
  2. Tropic Shores Realty
  3. Mobile: 352.247.2177