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 slipsa 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!
MLS # | W7872885 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | For-sale |
Status | Pending |
Year | 1969 |
Days On Site | 110 |
Listing Provided By | EXP REALTY LLC | Denise Bram |
SQ Feet | 2,875 |
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Story(s) | 2 |
Acreage | 0.23 |
Water Front | Yes |
Property | 21930 |
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State | FL |
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County | Pinellas |
City | TREASURE ISLAND |
Zip Code | 33706 |
Area | 33706 Pass a Grille Bch | St Pete Bch | Treasure Isl |
Community Name | CAPRI ISLE SUB |