275 116TH AVE
TREASURE ISLAND, FL 33706

$3,500,000

18 Beds

18 Baths

9,294 Sq Ft

Status Active

MLS# U8239502

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.

Details for 275 116TH AVE

$377 / Sq Ft

0 parking spaces

Electric

55 Days on website

0.51 acres lot

Interior

Bathrooms Total

Bedrooms Total

Interior Features

Window Treatments

Laundry Features

Common Area

Living Area

9,294 SqFt.

Building And Construction

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1968

Exterior And Lot

Exterior Features

Balcony

Lot Size Acres

0.51

Lot Size Square Feet

22163

Parking Features

Assigned

Waterfront Features

["Intracoastal Waterway"]

Zoning

RM-15

Utilities

Cooling

["Central Air"]

Heating

Electric

Area And Schools

City

TREASURE ISLAND

County Or Parish

Pinellas

Subdivision Name

CAPRI ISLE SUB

Financial Info

Buyer Agency Compensation^*

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$25,269

Tax Year

2023