Treasure Island, FL 33706,11705 3RD ST E #9
Listed by EXP REALTY LLC
Bought with BUXTON PROPERTIES INC
$1,700,000
Est. payment /mo
$2,250,000
24.4%
Est.Price: ?

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2,875 SqFt
SOLD DATE : 08/01/2025

Key Details

Sold Price $1,700,000

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,875 sqft

Price per Sqft $591

Subdivision Capri Isle Sub

MLS Listing ID W7872885

Sold Date 08/01/25

HOA Y/N No

Year Built 1969

Annual Tax Amount $21,930

Lot Size 10,018 Sqft

Acres 0.23

Lot Dimensions 70x140

Property Sub-Type Multi Family

Source Stellar MLS

Property Description

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!

Location

State FL

County Pinellas

Community Capri Isle Sub

Area 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl

Direction E

Interior

Cooling Central Air

Exterior

Waterfront Description Canal - Saltwater

View Y/N 1

Water Access 1

Water Access Desc Canal - Saltwater

Building

Story 2

Foundation Slab

Lot Size Range 0 to less than 1/4

Structure Type Block

New Construction false

Others

Ownership Corporation

Special Listing Condition None

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Stellar MLS
Team Comerford
Team Comerford

Team Leader | Broker Associate | License ID: BK3455404

+1(941) 586-3229 | kathleencomerford@outlook.com

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