125 110Th Ave, Treasure Island, FL 33706
4 Unit Apartment Building | $3,600,000 ($900,000/Unit) | 7% Cap Rate | Treasure Island, FL 33706
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,600,000
- Property Type
-
Multifamily
- Square Feet
- 7,449 SF
Listing Contacts
Bella Nowak
Verified Profile
- Property Info
Property Overview
Location. location. Location!!!! Once in a lifetime opportunity to own the turnkey 4plex on Treasure Island. Rare find. .. a pristine and elegant two-story custom built 4 units in 1 building. 4 income producing units overlooking the 80 feet of Bocca Ciega Bay. Totally updated waterfront building. It is comprised of 1 unit -3 bedroom and 2 baths, 1600 sq ft, 2 units - 2 bedroom , 2 bath , 1100 sq ft each and a studio 500 sq ft with the same balcony view as the other 3 units.. Perfect for owner or investor. Owners’ unit is top floor and completely updated: kitchen and bathrooms., gorgeous open water views and views of the large saltwater pool and spa. Pool has a delightful bridge leading to the dock. Features include but not limited to, new roof, new AC, all units have hurricane rated windows and sliding doors, granite counters, custom wood cabinets, updated kitchens and washers & dryers. All units have water views and pool views. extra-large dock and 4 boats slips are possible. building is elevated providing secure covered parking. All units have walk-in closets and separate outside additional storage area under the building. Property offers 4 carports under the building, 6 plus additional parking spaces and multiple outdoor living spaces. You will appreciate being tucked away from all the hustle, bustle & noise of the main road. instead, you will relax, unwind and find yourself inspired by the beautiful views and sounds of the surf. Find adventure waiting just outside your door! Enjoy kayak, paddleboard and more in the gulf or walk to the beach, shopping, Johns Pass, dining, recreation, entertainment, community parks, tennis courts & public boat marina. Buy and hold or invest for income purposes (numbers will be provided on request). It is the perfect 1031 exchange opportunity. Either way, the numbers work! Call to schedule your private tour today!
Property Details
- Class
- B
- Year Built/Renovated
- 1979/2017
- Stories
- 2
- Property Subtype
- Dormitory
- Lot Size (sq. ft)
- 7,405 SF
- Units
- 4
Highlights
- Walking distance to the beach
- On the intracoastal water
- 4 boat docck
- All doors and window hurricane proof
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