Under contract-accepting backup offers. This WATERFRONT DUPLEX in the popular Sunset Beach area of Treasure Island offers exceptional income opportunity in a prime coastal location. The property has been owned by the same family for over 50 years. A 2-story, 3 bedroom, 2 bath home overlooks the water and a second floor studio apartment has its own separate entrance. Additional Features Include: Roof (2022), AC main house (2015, 2018), paver parking for 6 vehicles, 2 separate electric meters (legal duplex), Bay Plaza is a quiet dead-end street with limited traffic exposure. Situated directly on the water with its own private dock, the property provides seamless access to both the Gulf Beaches and Boca Ciega Bay, making it a boater’s and water enthusiast’s dream. Whether you enjoy boating, fishing, paddle boarding, or jet skiing, the possibilities for fun on the water are endless. Just a short walk to the sugar sands and turquoise waters of Sunset Beach, the duplex is also conveniently close to popular local restaurants, bars, and vibrant entertainment spots, making it an ideal destination for vacation renters or full-time residents seeking a laid-back beach lifestyle. The first level of property did experience flooding during the past and storms. The City of Treasure has determined that the property is NOT “Substantially Damaged” (letter provided upon request). Make this your personal beach retreat with a guest suite or a profitable investment. The BEST of the Beach and Bay waterfront lifestyles are right out your door. THE POSSIBILITIES ARE ENDLESS!!