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106 E Bay Dr

Treasure Island FL 33706

5
4
2016 sq. ft.
3019 sq. ft.
Single-Family
Currently for sale - view listing

Overview

Located in the heart of highly sought-after Sunset Beach, this rare tri-plex opportunity is just a 2-minute walk to the beautiful white sands of Sunset beach and surrounded by the laid-back beach lifestyle that makes Treasure Island so special. Walk to local beachfront restaurants, live music, coffee shops, bars, and entertainment, while enjoying one of the most charming and walkable beach communities on Florida’s Gulf Coast. Previously operated as a highly successful short-term rental property, this unique beach compound consists of three separate units, including a main building with two apartments plus a detached standalone efficiency unit — offering endless possibilities for redevelopment, investment, vacation use, or future income potential. The property sustained flood damage during Hurricane Helene and wind damage during Hurricane Milton and is currently vacant and in disrepair. This is being marketed primarily for its exceptional location, lot value, and redevelopment potential. Renovate and reimagine the existing structures, elevate the property approximately 12 feet to create a future coastal retreat, or start fresh with brand-new construction. Opportunities like this in Sunset Beach are increasingly rare. This location places you minutes from everything beach living has to offer — waterfront dining, boating, fishing charters, dolphin cruises, parasailing, jet ski rentals, beach bars, live entertainment, and nightly sunsets over the Gulf. Whether you envision a luxury beach getaway, income-producing investment property, or a completely new coastal development project, the potential here is truly unmatched. Bring your vision and take advantage of this incredible opportunity to create something special in one of Tampa Bay’s most beloved beach communities. Photos of the exterior were taken prior to the hurricanes.

Features

5 bedrooms
4 bathrooms
2016 sq. ft. floor area
3019 sq. ft. lot size
Single-Family

Property history for 106 E Bay Dr

2020
Sold
$597,000
31 Aug 2020 by Roxana Bello, of FIRST HOUSING REALTY GROUP
2017
Sold
$249,900
01 Feb 2017 by Joan Ullberg, of BHHS FLORIDA PROPERTIES GROUP

Happy sellers in Treasure Island

68%
68% of sellers in Treasure Island reported that their sale price either exceeded or met their price expectations.

Treasure Island stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 31 reviews in Treasure Island over the last 12 months.

Local market activity for 5 bedroom single-family properties in Treasure Island

In the last 12 months, 14 five-bedroom single-family properties similar to 106 E Bay Dr, have been sold.

This represents a 18% decrease in five-bedroom single-family properties sales when compared to the previous 12 months.

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