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.
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
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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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
YEAR
PROP. TAX
ASSESSMENT
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.
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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
5
/10
Azalea Elementary School
1680 74th St N
Distance between this listing and this school1.97 miles
Public District Grades PK-5
Middle School
3
/10
Azalea Middle School
7855 22nd Ave N
Distance between this listing and this school1.94 miles
Public District Grades 6-8
High School
3
/10
Boca Ciega High School
924 58th St S
Distance between this listing and this school3.93 miles
Public Magnet Grades 9-12
Assigned Schools
5
/10
Azalea Elementary School
1680 74th St N
Distance between this listing and this school1.97 miles
Public District Grades PK-5
Nearby Schools
8
/10
Pasadena Fundamental Elementary School
95 72nd St N
Distance between this listing and this school2.14 miles
Public Magnet Grades KG-5
3
/10
Seventy-Fourth St. Elementary School
3801 74th St N
Distance between this listing and this school2.85 miles
Public District Grades PK-5
Assigned Schools
3
/10
Azalea Middle School
7855 22nd Ave N
Distance between this listing and this school1.94 miles
Public District Grades 6-8
Nearby Schools
6
/10
Plato Academy of St.Petersburg
3901 Park St N
Distance between this listing and this school2.38 miles
Public Charter Grades KG-8
8
/10
Madeira Beach Fundamental K-8
591 Tom Stuart Causeway
Distance between this listing and this school2.47 miles
Public Magnet Grades KG-8
Assigned Schools
3
/10
Boca Ciega High School
924 58th St S
Distance between this listing and this school3.93 miles
Public Magnet Grades 9-12
Nearby Schools
10
/10
St. Petersburg Collegiate High School
6605 5th Ave N
Distance between this listing and this school2.58 miles
Public Charter Grades 9-12
3
/10
Dixie M. Hollins High School
4940 62nd St N
Distance between this listing and this school4.01 miles
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.
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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.