$1,399,000

172 107th Avenue

TREASURE ISLAND FL, 33706

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).

Details

MLS#U8056378
Sub-TypeResale
StatusActive
Year1958
Days On Site107

Features

SQ Feet8,232
Units5
Building(s)1
Property ViewYes

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Area Information

StateFL
CountyPinellas
CityTREASURE ISLAND
Zip Code33706
Area33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Listing VS Median (in 33706)
Price:
$1,399,000
low | high
Med:
$495,000
100% of Average
SqFt:
8,232
low | high
Med:
1,275
100% of Average
$ / SqFt:
$170
low | high
Med:
$388
78.445528318547% of Average
On Site:
107
low | high
Med:
38
100% of Average
Listing Updated: 12/04/2019
MLS Number: U8056378
Listing Provided By:
Skip Cole, Jr  of  CENTURY 21 JIM WHITE ASSOC

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