5 Beds
4 Baths
3,140 SqFt
5 Beds
4 Baths
3,140 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,140 sqft
Price per Sqft $541
Subdivision Treasure Island, City Of
MLS Listing ID TB8321492
Bedrooms 5
HOA Y/N No
Originating Board Stellar MLS
Year Built 1955
Annual Tax Amount $22,254
Lot Size 0.340 Acres
Acres 0.34
Property Description
Incredible potential with this established 4 unit property located in the heart of Treasure Island. The main building sits on the Intercoastal and is only 1/2 a block from Treasure Island Beach. Minutes from Sunset Beach, St Pete Beach, Madeira Beach and 15 miles from Florida's famous, Clearwater Beach. So many areas and places to explore in close proximity to this location. Various sites and attractions that are "uniquely Florida" are in the immediate area: the iconic Thunderbird Hotel, Johns' Pass Boardwalk, and the St Pete Pier to name a few.
The 3 units in the larger structure along the intercostal were used by the current owner as an AirBnB. This building consists of one 2 bedroom, 1 bath unit (Unit A) that is approx. 810 sq ft; and 2 - 1 bedroom, 1 bath units with one of them approx. 750 sq ft (Unit B) and the other 1 bedroom, 1 bath unit (Unit C) approx. 694 sq ft. Units A and B sit on the intercoastal and have spectacular water views from both living rooms as well as the main bedrooms. The other structure that sits along 104th Ave was a long-term rental and is a 1 bedroom, 1 bath and just under 900 sq feet. There are carports for each unit and 2 laundry room spaces onsite.
As the pictures attest, the property sustained some damage from hurricanes Helene and Milton. The current owner has had the compromised material removed; flooring, drywall, appliances, etc. However, many of the items still in the units, the upper cabinets, the outlets, microwave and mini-splits were still in working order when last checked. Some electrical work has been completed and many of the windows were new and look to be in great condition. This property was owned, loved on, and cherished by the same family for over 45 years and eagerly awaits it's new owners! Endless possibilities with this property!
Complete transparency so please feel free to reach out with any questions.
Expected rents listed are based on comps for Treasure Island and are estimated.
Seller pays for Title and selects Cloud Title.
Location
State FL
County Pinellas
Community Treasure Island, City Of
Interior
Interior Features Ceiling Fans(s)
Heating Electric
Cooling Mini-Split Unit(s)
Furnishings Unfurnished
Fireplace false
Laundry Laundry Closet, Washer Hookup
Exterior
Exterior Feature Other
Parking Features Guest, Off Street
Utilities Available Cable Available, Electricity Available, Public, Street Lights, Water Connected
Waterfront Description Intracoastal Waterway,Riparian Rights
View Y/N Yes
Water Access Yes
Water Access Desc Intracoastal Waterway
View Water
Roof Type Shingle
Porch Rear Porch, Screened
Garage false
Private Pool No
Building
Lot Description Flood Insurance Required, FloodZone
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Stucco
New Construction false
Schools
Elementary Schools Azalea Elementary-Pn
Middle Schools Azalea Middle-Pn
High Schools Boca Ciega High-Pn
Others
Pets Allowed Cats OK, Dogs OK
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition None
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "