145 116TH AVENUE, Treasure Island, FL 33706
- $4,750,000
- $5,250,000
145 116TH AVENUE, Treasure Island, FL 33706
- $4,750,000
- $5,250,000
Overview
- Multi Family, Residential Income
- 24
- 24
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.
Address
Open on Google Maps-
Address: 145 116TH AVENUE
-
City: Treasure Island
-
State/county: FL
-
Zip/Postal Code: 33706
-
Country: US
Details
Updated on May 22, 2025 at 1:08 pm-
Property ID HZTB8342761
-
Price $4,750,000
-
Land Area 0.65 Acres
-
Bedrooms 24
-
Bathrooms 24
-
Garage Size x x
-
Year Built 1987
-
Property Type Multi Family, Residential Income
-
Property Status Closed
Additional details
-
Listing Terms Cash,Conventional,Other
-
Roof Shingle
-
Utilities Cable Connected,Electricity Connected,Sewer Connected,Water Connected
-
Sewer Public Sewer
-
Cooling Central Air
-
Heating Central
-
Flooring Carpet,Tile
-
County Pinellas
-
Property Type Residential Income
-
Pool Gunite,In Ground
-
Parking Assigned,Covered,Guest,Basement
-
Waterfront Intracoastal Waterway
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees