275 116TH AVENUE TREASURE ISLAND FL 33706 MLS #U8239502 | Gary Kusher | Florida Real Estate

275 116TH AVENUE
TREASURE ISLAND, FL, 33706
$3,500,000
18 Beds
18 Baths
9,294 SqFt
0.51 Acres
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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.

Property Details

Price:
$3,500,000
MLS #:
U8239502
Status:
Active
Beds:
18
Baths:
18
Address:
275 116TH AVENUE
Type:
Multi Family
Subdivision:
CAPRI ISLE SUB
City:
TREASURE ISLAND
Listed Date:
May 1, 2024
State:
FL
Finished Sq Ft:
9,294
ZIP:
33706
Lot Size:
22,163 sqft / 0.51 acres (approx)
Year Built:
1968
Units:
10
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I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.

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Schools

Interior

Cooling
Central Air
Heating
Electric
Laundry Features
Common Area

Exterior

Construction Materials
Concrete, Stucco
Exterior Features
Balcony
Parking Features
Assigned
Roof
Built- Up

Financial

Tax Year
2023
Taxes
$25,269

Map

Community

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275 116TH AVENUE
TREASURE ISLAND, FL