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!

Details

MLS#: W7872885
Price: $2,250,000

Style: Multi-Family
Sq Ft: 2875
Year Built: 1969

County: Pinellas
Subdivision: CAPRI ISLE SUB
Lot Size: 70x140
Tax Fee: 21930.39