145 116th Avenue, Treasure Island, FL 33706
- Beds
- 24
- Baths
- 24
- Sqft
- 12,216
- Pool
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
Prime investment opportunity in Treasure Island. This highly sought-after location is consistently in high demand from tenants, ensuring minimal vacancies and a steady stream of rental income and high potential for future appreciation in property value. This is a Turnkey 15-unit multifamily building with a mix of unit types—6 one-bedroom, one-bath units, and 9 two-bedroom, two-bath units, plus Full Washer & Dryer in each Unit. The variety allows for diverse tenant profiles. Every unit has a balcony that overlooks the scenic intracoastal waterway, adding a premium aspect that could attract tenants willing to pay a bit more for the view and waterfront living experience, plus it is just minutes walk to the Gulf Beaches. Exterior Features include Private Waterfront Pool, Dock, Outdoor Bathroom, Outdoor Shower, Grill and Bike Rack; all great features for tenants, enhancing the quality of life and making the property more appealing to renters. This building has an Elevator and Under-Building Designated parking as well as plenty of Guest Parking. 13 out of the 15 units are currently leased, with the remaining 2 used occasionnally by the owners. This shows that the property is actively rented, which can be reassuring to potential investors, as there's already an established rental income stream.
Location
Full feature list
Basic info
- Number of bedrooms
- 24
- Number of bathrooms
- 24
- Square feet
- 12,216
- Lot size (acres)
- 0.65
- Year built
- 1987
Exterior features
- Pool
- Yes
- Water view
- Yes
- Waterfront
- Waterfront
Utilities
- Heating
- Central
- Cooling
- Central air
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount (2024)
- $38,740
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Stellar MLS MLS®#: TB8342761 Last checked: …
