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.
MLS# | U8115645 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Pending |
Year | 1945 |
Days On Site | 42 |
SQ Feet | 1,920 |
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Units | 5 |
Golf Course | N |
Area Information | |
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State | FL |
County | Pinellas |
City | TREASURE ISLAND |
Zip Code | 33706 |
Area | 33706 - Pass a Grille BchSt Pete BchTreasure Isl |
Listing VS Median (in 33706) | |
Price: $1,025,000 low | high Med: $469,950 SqFt: 1,920 low | high Med: 1,003 $ / SqFt: $534 low | high Med: $599 On Site: 42 low | high Med: 85 Sourced by Back At You |