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!
Features
- Cooling System:
- Central Air
- Waterfront Features:
- Canal - Saltwater
Address Map
- Country:
- US
- State:
- FL
- County:
- Pinellas
- City:
- Treasure Island
- Subdivision:
- CAPRI ISLE SUB
- Zipcode:
- 33706
- Street:
- 3RD
- Street Number:
- 11705
- Street Suffix:
- STREET
- Longitude:
- W83° 13' 41.4''
- Latitude:
- N27° 46' 41.3''
- Directions:
- Gulf Blvd to 116th to 3rd St E
- Mls Area Major:
- 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
- Street Dir Suffix:
- E
- Unit Number:
- 9
Additional Information
- Lot Size Dimensions:
- 70x140
- Virtual Tour:
- https://www.hommati.com/3DTour-AerialVideo/unbranded/11705-3Rd-Street-East-Treasure-Island-Fl-33706--HPI51734564
- Video Url:
- https://www.hommati.com/3DTour-AerialVideo/unbranded/11705-3Rd-Street-East-Treasure-Island-Fl-33706--HPI51734564
- Stories Total:
- 2
- On Market Date:
- 2025-03-25
- Foundation Details:
- Slab
- Construction Materials:
- Block
- Building Size:
- 2875
Financial
- Tax Annual Amount:
- 21930.39
Listing Information
- Co List Agent Full Name:
- Sheryl Houck
- Co List Agent Mls Id:
- 261535583
- Co List Office Mls Id:
- 261010944
- Co List Office Name:
- EXP REALTY LLC
- List Agent Mls Id:
- 641504080
- List Office Mls Id:
- 261010944
- Mls Status:
- Sold
- Modification Timestamp:
- 2025-08-01T22:06:10Z
- Originating System Name:
- Stellar
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2025-08-01T22:03:33Z
Commercial Sale For Sale
11705 3rd St E #9, Treasure Island, Florida 33706
2,875 Sqft
$2,250,000
Listing ID #W7872885
Basic Details
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Listing ID :
- W7872885
- Price :
- $2,250,000
- Square Footage :
- 2,875 Sqft
- Year Built :
- 1969
- Lot Area :
- 0.23 Acre
- Property Sub Type :
- Multi Family
- Waterfront Yn :
- 1