$1,025,000

MLS Number: U8115645

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 annuallyIncome figures based upon current leasesExpenses 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.

Details

MLS#U8115645
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1945
Days On Site42

Features

SQ Feet1,920
Units5
Golf CourseN
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Area Information
StateFL
CountyPinellas
CityTREASURE ISLAND
Zip Code33706
Area33706 - Pass a Grille BchSt Pete BchTreasure Isl
Listing VS Median (in 33706)
Price:
$1,025,000
low | high
Med:
$469,950
100% of Average
SqFt:
1,920
low | high
Med:
1,003
97.786458333333% of Average
$ / SqFt:
$534
low | high
Med:
$599
37.781662890823% of Average
On Site:
42
low | high
Med:
85
49.411764705882% of Average
Sourced by Back At You
Listing Updated: April 1, 2021 12:00:32 AM PDT
Shawn Dunn LogoMLS Number: U8115645
Listing Provided By:
Shawn Dunn  of  WATERS EDGE REALTY INC

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