240 115th Avenue
Treasure Island, FL 33706

  • – beds
  • – baths
  • 3,264 sqft
  • 4,626 sqft lot
  • $413 per sqft
  • 1963 build
  • on site

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Discount on Cash Offer. Not often does an opportunity come along like this one in the highly desirable Inter-coastal waterfront of Treasure Island...Minutes to the Gulf Beaches, Access by water to the inter-coastal with no bridges via John's Pass. Multi-family (4) plex investment property on the water with (4) deep water dockage including water/power. Ability to convert to Condominium, Single Home or Income Producing (Buyer to verify) (2) 2/1, (2) 1/1, 2 parking spaces per unit. Each unit has been extensively remodeled. 2 entrances, individual covered porch/lanai, washer/dryer on premises, 5 total meters (4 individuals to units and 1 common area). Just minutes from the beaches and on the inter-coastal waterways. The Seawall is in great shape. Building has been very well maintained. Current tenants are clean and respectful. The Building was tented in 2021. If you are interested as a first time investor, seasoned investor, or (1031) exchange, this might be the opportunity for you. Owner moving out of the area. Currently Homeowners: $12,059, Flood $7,663. (Possible Insurance transfer). Current rates for Units can be raised substantially. Sovereignty Submerged Land Lease has been paid for 2024 ($1300 approx.)

My Florida Regional MLS DBA Stellar MLS logo Listing courtesy of STELLAR_MLS / CHARLES RUTENBERG REALTY INC

Last checked: Checking… • Last updated Feb 27, 2024 •

MLS# T3465707 —

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Sale history

Date Event Source Price % Change
1/3/24
Sold STELLAR_MLS $1,350,000 -6.9%
12/16/23
Pending STELLAR_MLS $1,450,000
12/6/23
Relisted STELLAR_MLS $1,450,000

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Multifamily Sold on 1/3/2024

$1,350,000

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My Florida Regional MLS DBA Stellar MLS logo Listing Courtesy of: STELLAR_MLS and CHARLES RUTENBERG REALTY INC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

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