Active

$2,250,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 2875 sq ft
Overview
  • ID: MFRW7872885
  • Bedrooms:
  • Bathrooms: 0
  • Size: 2875 sq ft
Property Details
Remarks
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!
Financial Considerations
Price:
$2,250,000
HOA Fee:
N/A
Tax Amount:
$21930.39
Price per SqFt:
$782.61
Tax Legal Description:
CAPRI ISLE SUB BLK A, LOT 13
Exterior Features
Lot Size:
9831
Lot Features:
N/A
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Multi-Family
Style:
N/A
Year Built:
1969
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    11705 3RD ST E #9
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