172 107th Avenue, Treasure Island, FL 33706

$1,399,000
8,232
SqFt
List Price
$1,399,000
Status
Active
Days on Market
31
MLS#
U8056378
Property Style
Multi-Family
Year Built
1958
Living Area
8,232
Lot Size
10,000
Acres
0.23
Total Acreage
Up to 10,889 Sq. Ft.
Legal Subdivision Name
Treasure Island City Of
MLS Area Major
Pass a Grille Bch/St Pete Bch/Treasure Isl

Property Description

Unique and unusual Treasure Island investment property (original family ownership): Two ground floor commercial units fronting 107th Ave near Gulf Blvd. in downtown Treasure Island as follows: 1,500 sq. ft. commercial unit and a 3,000 sq. ft. commercial unit (Paradise Spa) Second story consisting of 3 residential units as follows: 2- 1 bedroom/1 bath and 1-2 bedroom/1.5 bath with laundry. Shared (common exterior area) private 20’ x 32’ second story, sun deck in rear. All units on 1 year leases and the residential units have been extensively upgraded (Kitchens, baths, paint, etc.)." …This property commanding more than $12.00 per sq. ft…. Owner pays insurance ($6,019) , WST ($450 monthly average), R. E Taxes ($13,130.00), and minimal maintenance (not triple net)...Turn-key operation… Top grade roof (membrane) only 9 years old with 20 year warrantee (per owner)… All units central HVAC, (one brand new)... Sale includes deeded parking for 11 in front plus 2 in rear. Extremely convenient locale with walking distance to Publix, multiple restaurants/bars, Banks, hotels and motels, and the Gulf of Mexico (less than one block).

Additional Information

Taxes
$13130
Annual Gross Income
110000
Community Features
No Deed Restriction
Zoning
COMMERCIAL
Utilities
Electricity Available
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block, Concrete
Exterior Features
Balcony
Roof
Membrane
Foundation
Slab
Pool
No Pool
Garage Features
Guest
Flood Zone Code
AE
Parcel ID
23-31-15-91818-013-0230
Legal Description
TREASURE ISLAND, CITY OF BLK 13, LOTS 23 AND 24

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Listing courtesy of CENTURY 21 JIM WHITE & ASSOC.

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