125 110th Ave
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125 110th Ave
4 Unit Apartment Building $3,200,000 ($800,000/Unit) 6.38% Cap Rate Treasure Island, FL 33706
INVESTMENT HIGHLIGHTS
- Walking distance to the beach - no damages after the hurricaine
- 4 boat docck
- On the intracoastal water
- All doors and window hurricane proof
EXECUTIVE SUMMARY
Location. location. Location!!!! No damages from the hurricanes, building elevated on stilts. Once in a lifetime opportunity to own the turnkey 4plex on Treasure Island. Rare find. .. a pristine and elegant two-story custom built 4 units in 1 building. 4 income producing
units overlooking the 80 feet of
Bocca Ciega Bay. Totally
updated waterfront building. It
is comprised of 1 unit -3
bedroom and 2 baths, 1600 sq
ft, 2 units - 2 bedroom , 2 bath ,
1100 sq ft each and a studio
500 sq ft with the same
balcony view as the other 3
units. Perfect for owner or
investor. Owners’ unit is top
floor and completely updated:
kitchen and bathrooms.,
gorgeous open water views and
views of the large saltwater
pool and spa. Pool has a
delightful bridge leading to the
dock. Features include but not
limited to, new roof, new AC, all
units have hurricane rated
windows and sliding doors,
granite counters, custom wood
cabinets, updated kitchens and
washers & dryers in every unit. All units have
water views and pool views.
extra-large dock and 4 boats
slips are possible. Building is
elevated providing secure
covered parking. All units have
walk-in closets and separate
outside additional storage area
under the building. Property
offers 4 carports under the
building, plus 6 additional
parking spaces and multiple
outdoor living spaces. You will
appreciate being tucked away
from all the hustle, bustle &
noise of the main road. Instead, you will relax, unwind and find
yourself inspired by the
beautiful views and sounds of
the surf. Find adventure waiting
just outside your door! Enjoy
kayak, paddleboard and more
in the gulf or walk to the beach,
shopping, Johns Pass, dining,
recreation, entertainment,
community parks, tennis courts
& public boat marina. Buy and hold or invest for income purposes (numbers will be provided on request). It is the perfect 1031 exchange opportunity. Either way, the
numbers work! Call to schedule
your private tour today!
units overlooking the 80 feet of
Bocca Ciega Bay. Totally
updated waterfront building. It
is comprised of 1 unit -3
bedroom and 2 baths, 1600 sq
ft, 2 units - 2 bedroom , 2 bath ,
1100 sq ft each and a studio
500 sq ft with the same
balcony view as the other 3
units. Perfect for owner or
investor. Owners’ unit is top
floor and completely updated:
kitchen and bathrooms.,
gorgeous open water views and
views of the large saltwater
pool and spa. Pool has a
delightful bridge leading to the
dock. Features include but not
limited to, new roof, new AC, all
units have hurricane rated
windows and sliding doors,
granite counters, custom wood
cabinets, updated kitchens and
washers & dryers in every unit. All units have
water views and pool views.
extra-large dock and 4 boats
slips are possible. Building is
elevated providing secure
covered parking. All units have
walk-in closets and separate
outside additional storage area
under the building. Property
offers 4 carports under the
building, plus 6 additional
parking spaces and multiple
outdoor living spaces. You will
appreciate being tucked away
from all the hustle, bustle &
noise of the main road. Instead, you will relax, unwind and find
yourself inspired by the
beautiful views and sounds of
the surf. Find adventure waiting
just outside your door! Enjoy
kayak, paddleboard and more
in the gulf or walk to the beach,
shopping, Johns Pass, dining,
recreation, entertainment,
community parks, tennis courts
& public boat marina. Buy and hold or invest for income purposes (numbers will be provided on request). It is the perfect 1031 exchange opportunity. Either way, the
numbers work! Call to schedule
your private tour today!
PROPERTY FACTS
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Storage Space
- Washer/Dryer
- Ceiling Fans
- Tile Floors
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Dock
- Island Kitchen
- Linen Closet
- Pantry
SITE AMENITIES
- Fenced Lot
- Pool
- Spa
- Waterfront
- Furnished Units Available
- Storage Space
- Bicycle Storage
- Dock
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 1 | - | - |
| 2+2 | 1 | - | - |
| Studios | 1 | - | - |
| 2+2 | 1 | - | - |
1 of 1
PROPERTY TAXES
| Parcel Number | 23-31-15-43470-006-0780 | Improvements Assessment | $664,534 |
| Land Assessment | $850,466 | Total Assessment | $1,515,000 |
PROPERTY TAXES
Parcel Number
23-31-15-43470-006-0780
Land Assessment
$850,466
Improvements Assessment
$664,534
Total Assessment
$1,515,000
ZONING
| Zoning Code | RM 15 (Residential) |
| RM 15 (Residential) |
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125 110th Ave
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