Danielle Redner
REALTOR®, ABR, PSA
BEDS0
BATHS
SQUARE FEET1,264
MLS#TB8558352
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCONEY ISLAND
Property Description
Live the beach lifestyle while enjoying rental income from two additional units! Tucked away on quiet Lagoon Lane in Treasure Island, this fully renovated property offers a fantastic opportunity to own three separate living spaces just steps from everything that makes this coastal community so special. The property features a duplex in the front and a separate studio in the back, offering flexibility for an owner-occupant or investor. Live in one unit while collecting rental income from the other two, or take advantage of the income potential of all three. Both units in the front duplex feature loft spaces, providing ample additional storage. Recent improvements include a metal roof and newly installed mini-split AC systems in the front duplex, plus tankless water heaters in all three units, adding comfort, efficiency, and long-term value. Just one block from Gulf Boulevard, you are approximately a five-minute walk from having your toes in the sand! Take a quick stroll across the John's Pass Bridge for dolphin watching, waterfront dining, shopping, and entertainment, then return home to the peaceful setting of Lagoon Lane. Two units are currently occupied by wonderful tenants, providing an opportunity for immediate rental income. Please respect their privacy and do not disturb occupants.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Mini-Split Unit(s)
Heating: Ductless
Lot Size: 0.09 Acres
Roof Type: Membrane, Metal
Taxes: $5,709
Year Built: 1946
Amenities
Ceiling Fans(s)
Private Entrance
Private Mailbox
Feature Descriptions
Additional Rooms: Loft
Annual Net Income: 58200.00
Directions: From Gulf Boulevard in Treasure Island, turn east onto 125th Avenue, approximately two blocks south of John's Pass Bridge. Continue to Lagoon Lane and turn left. The property is located at 119 125th Avenue.
Exterior: Block
Flood Zone Code: AE
Flooring: Luxury Vinyl
Foundation: Block, Crawlspace
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.09
Other Equipment: Private Entrance
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Triplex
Sewer: Public Sewer
Showing Instructions: Call Listing Agent, Lock Box Electronic, ShowingTime
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Electricity Connected, Water Connected
Water: Public
Water Access Y/N: No
Listed By / Shown By
Listed By
Agency Name: HAPPY HOMES PROPERTY MANAGEMEN
Agency Contact: 727-300-9211
Shown By
Agent Name: Danielle Redner
Agent Phone: (813) 967-0175
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 1,857.71 per month $1,221.84 Principal & Interest $475.75 Property Tax $160.13 Homeowner's InsuranceChange Payment Information
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119 125th Avenue | MLS# TB8558352
This multi-family property located at 119 125th Avenue , Treasure Island, FL 33706 is currently listed for sale with an asking price of $549,000. Search Treasure Island real estate on dredner.floridaexecutiverealty.com today.