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Address not disclosed Treasure Island, FL 33706
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Key Details
Sold Price $990,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,920 sqft
Price per Sqft $515
Subdivision Sunset Beach
MLS Listing ID U8115645
Sold Date 05/14/21
Construction Status Inspections
HOA Y/N No
Year Built 1945
Annual Tax Amount $9,377
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 50x100
Property Description
Great Investment opportunity in Sunset Beach / Treasure Island! 2/1 cottage with 4 additional income producing units! 100% occupied and turn key, this property is one of a kind. Walk to the beach, restaurants and bars, while enjoying a tranquil, tropical oasis of your own, with 4 of it's own income producing units, or rent them all and net approximately $58k annually
Income figures based upon current leases
Expenses are based on current taxes, hazard insurance(current owner does not carry flood insurance), and estimated water & common area electric bills which will be updated to the actual amounts by 3/10).
Do Not Disturb Tenants! All units will be available for inspection, once under contract.
Note: There was some water intrusion during TS ETA, however the damage was minimal and was properly repaired.
Survey, elevation certificate, current lease terms, current insurance cost, flood insurance quote and 12 month most recent utility bills are available upon request.
Location
State FL
County Pinellas
Community Sunset Beach
Interior
Heating Electric
Cooling Mini-Split Unit(s), Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Storage
Garage Assigned
Utilities Available BB/HS Internet Available
Waterfront false
Roof Type Other,Shingle
Parking Type Assigned
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Wood Frame
New Construction false
Construction Status Inspections
Schools
Elementary Schools Azalea Elementary-Pn
Middle Schools Azalea Middle-Pn
High Schools Boca Ciega High-Pn
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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