$2,250,000
Pending · 56 days on market · MLS# MFRW7872885
| Living area | 2,875 sq ft |
|---|---|
| Lot size | 0.23 acres |
| Year built | 1969 |
| Property type | Multi Family |
| Waterfront | Yes |
| Annual taxes | $21,930 |
| County | Pinellas |
Under contract-accepting backup offers. Prime Waterfront 8-Unit Investment Property in Treasure Island, FL An exceptional opportunity to own a high-performing, waterfront multifamily property in the sought-after Treasure Island community. This income-generating 8-unit apartment building offers $14,200/ month in rental income and boasts direct access to the water with a private dock and four boat slips—a rare and valuable feature for attracting tenants seeking the ultimate Florida lifestyle. Property Features: Six One-Bedroom Apartments – Well-appointed units with spacious layouts Two Two-Bedroom Apartments – Ideal for tenants requiring additional living space New Roof – Recently replaced for long-term durability New Coin-Operated Laundry Room – Added convenience and supplemental income stream Private Dock with Four Boat Slips – Direct canal access, perfect for boating enthusiasts Unparalleled Location & Investment Appeal: Prime Waterfront Setting – Situated on a deep-water canal just minutes from the Intracoastal Waterway and the Gulf of Mexico High Rental Demand – Strong occupancy history in a desirable coastal market Proximity to Beaches & Attractions – Walking distance to Treasure Island’s pristine beaches, dining, and entertainment Versatile Income Potential – Suitable for long-term leasing or conversion into short-term and seasonal rentals This well-maintained property presents an outstanding investment opportunity with immediate cash flow and long-term appreciation potential. You will be proud to be the next owner of this premier waterfront asset!
Listing courtesy of Denise Bram, EXP REALTY LLC. Presented by MC Homes Realty Inc · 727432218.