14 days on rocket

275 116th Ave, Treasure Island, FL, 33706

$3,500,000

18 Bedrooms
18 Baths
9,294 SqFt
$377/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeMulti Family
ParkingAssigned
Year Built1968
HeatingElectric
CoolingCentral Air
WaterfrontIntracoastal Waterway
MLS #U8239502
Lot Size0.51 Acres
StatusActive

About 275 116th Ave

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

Property Features

Property Information:

  • Year Built: 1968
  • Living Area: 9,294 SqFt

Listing Office:

  • Office Name: LAUREN MICHAELS R.E. PARTNERS
  • Office Phone: (727) 298-8888
  • Listing Agent: Shady Messiah

Interior Features

Interior Information:

  • Interior: Window Treatments

Bedroom and Bathroom Information:

  • Total Bedroom Count: 18

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Intracoastal Waterway
  • Exterior: Balcony

Parking Information:

  • Parking: Assigned

Virtual/3D Tour

  • Virtual Tour: 275 116th Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.51 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Boca Ciega High School, Public Magnet Grades 9-12
  • Azalea Middle School, Public District Grades 6-8
  • Azalea Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Driving North on Gulf Blvd., make right on 116th Ave, drive 0.3 miles then Building will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,500,000
  • Price Per SqFt: $377/SqFt

Tax Information:

  • Annual Amount: $20,794
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Treasure Island, FL.

Med. Sold Price

$778.3K

Med. Price/SqFt

$589

Avg. Days On Market

72

# of Sold Homes

36

275 116th Ave vs Treasure Island

14 DAYS ON ROCKET

-58 Days

$3,500,000

+$2.7M More

$377/SqFt

-$213 Less

KEY TAKEAWAY

This property is $2.7M more than the Median Sold Price and $213/SqFt less than other homes in Treasure Island, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #U8239502

Listing Office:

  • Office Name: LAUREN MICHAELS R.E. PARTNERS
  • Office Phone: (727) 298-8888
  • Listing Agent: Shady Messiah

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/15/2024, 3:19:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$20,794$1,405,000
2019$19,826$966,306
2018$16,219$878,460
2017$14,718$865,000

History based on county public records data.

Payment Calculator

$17.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1525509
5
/10
  • Azalea Elementary School

  • 1680 74th St N

  • 1.97 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1525510
3
/10
  • Azalea Middle School

  • 7855 22nd Ave N

  • 1.94 miles

  • Public District Grades 6-8

High School

school-card-donut-1525511
3
/10
  • Boca Ciega High School

  • 924 58th St S

  • 3.93 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,078. The most common annual income of people living in Treasure Island, FL is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesFloridaPinellas CountyTreasure Island33706275 116th Ave

This home is located at 275 116th Ave in Treasure Island, FL and zip code 33706 in the Isle of Capri neighborhood. This 9,294 square foot home, which was built in 1968, sits on a 0.51 acre lot. Features: 18 bedrooms, 18 bathrooms. It has been listed on Rocket Homes since May 01, 2024 and is currently priced at $3,500,000.

Over 1 listings were sold over their listed price in April 2024 in Treasure Island, FL. In the same period over 31 listings were sold below the listed price and 4 listings were sold for the listed price. The number of homes for sale in Treasure Island, FL increased by 7.8% between March 2024 and April 2024. In April 2024 median list price was $778,333 and the average listing age was 72 days.

From Rocket Homes Real Estate and based on county public records data.

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