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205 116th Avenue

Treasure Island FL 33706

11372 sq. ft.
14998 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Welcome to Treasure Island. This 7 unit waterfront apartment has been updated over the past few years and is ready for its new owners. This property has seen many of its units renovated. The exterior received new railing, paint and parking lot resurfaced in the past few years. This property features Five 2 bedroom/2 bathroom units, One 3 bedroom/2 bathroom and One 3 bedroom/3 bathroom units. There is also a nonconforming studio unit, a storage room and an office that could be permitted and connected to the existing 2 bedroom units to make 5-3 bedroom units and 2 -2 bedroom units. This property had been approved for 7 boat slips for the units. So there are endless possibilities with this property from continuing it as a rental, condo converting and making 7 units with boat slips and selling them off individually. This property MUST SELL with 197116th Ave as a package (MLS# U8138562). Buyers and Buyers agent to discuss and meet with city to get approval on boat slips and condos conversion and the process required.

Features

11372 sq. ft. floor area
14998 sq. ft. lot size
Multi-Family

Happy sellers in Treasure Island

71%
71% 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 35 reviews in Treasure Island over the last 12 months.

Local market activity for multi families in Treasure Island

In the last 12 months, 2 multi families similar to 205 116th Avenue, have been sold.

This represents a 60% increase in multi families sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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