Active

$1,290,000

Features:
  • 3 Bedrooms
  • 3 Bathrooms
  • 1846 sq ft
Overview
  • ID: MFRTB8371218
  • Bedrooms: 3
  • Bathrooms: 3
  • Size: 1846 sq ft
Property Details
Remarks
TRIPLEX ON THE WATER...Investors Investors Investors...Location Location Location !!! This waterfront triplex offers an unparalleled opportunity for investors and dreamers alike. If I was developing the property, I would build (3) 4 bed/4 bath condos with 3 boat slips, that = $$$ With ample covered parking underneath. This Triplex is within walking distance, bike/boat ride to John's pass and 2 blocks from the beautiful white sands of Treasure Island Beach. This is an investor's dream. with several options. You can work on restoring the current structure, you can build your dream home on the water, or to maximize your ROI (return on investment) you can Rebuild UP and build up to 3 units. I have already done the months of research and been approved in writing by Treasure Island Zoning to build up to 3 units on this property. There is also room for a couple boat slips, which, in-itself is in high demand in this area. At this current listing price, it's a no brainer... Don't wait, seize the moment... With direct waterfrontage on Boca Ciega Bay, this property offers stunning water views and an exclusive coastal lifestyle. Ideal for anyone seeking to embrace the tranquility of the water. The current triplex configuration allows for multiple income-generating opportunities—whether renting out individual units, converting the property into a luxury single-family home, or even expanding it. The versatility of the space makes it appealing to a variety of buyers, from investors to those wanting a dream home. Just a short walk from the pristine Treasure Island Beach, this home gives you the best of both worlds—bayfront living and easy access to beach activities, shopping, dining, and entertainment. Treasure Island is a sought-after destination for those seeking a laid-back yet vibrant lifestyle, with easy access to downtown St. Petersburg, local parks, and various recreational opportunities.
Financial Considerations
Price:
$1,290,000
HOA Fee:
N/A
Tax Amount:
$12233.54
Price per SqFt:
$698.81
Tax Legal Description:
CONEY ISLAND BLK 9, LOT 10 & NW 5FT OF LOT 11 & PT OF VAC LAGOON DR ADJ ON E PER O.R. 7372/ 1717 (SEE MAP NNE 22-31-15)
Exterior Features
Lot Size:
7941
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Other
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
3
Heating:
Electric
Cooling:
None
Appliances:
None
Furnished:
No
Floor:
Concrete, Tile
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1954
Construction Type:
Block, Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
Northeast
Pets Allowed:
No
Special Condition:
None
Additional Features:
Sidewalk, Sliding Doors
Additional Features 2:
Check with Zoning
Map
  • Address
    12412 LAGOON LN
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