Under contract-accepting backup offers. 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!
- Age: Over 50 Years Old
- Amenities: Dock
- Amenities: Water Front
- Architecture Style: Other
- Cooling System: Central Air
- Exterior Type: Block
- Legal Description: CAPRI ISLE SUB BLK A, LOT 13
- MLSID: W7872885