8251 Bayshore Dr, Treasure Island

$1,995,000

Active
0 Beds
0 Baths
4,704 Sqft
.29 Acres
0 Garages

Beautiful Sunset Beach in Treasure Island. Double lot on the water. Grosses approximately $58,000 a year (2 waterfront units are occupied by owner and could bring in another $50,000 a year). 8 units with three 2 bedrooms and five 1 bedrooms. Non-transient Apartments with the State of Florida (DBPR) "Division of Hotels and Restaurants" license. Property insurance $18K, property taxes $8k, Utilities $6K, Pest control $1k, Landscape $1k, and Maid service $1k. (note: taxes will change upon sale of property.) New boat slips will be going in soon. Four slips have been approved with almost all the permit requirements. Permits should be completed by summer 2019. With carports and the knotty pinewood walls, this property has been kept to the original look of the 1950's. The beautiful sandy beach is a few houses away and no bridges on the waterway between this property and the Gulf of Mexico. You can't get any better.

Essential Information
MLS® #U8011934
Price$1,995,000
Bathrooms0.00
Square Footage4,704
Acres0.29
Year Built1955
TypeCommercial
Sub-TypeMulti-Family
StatusActive
Community Information
Address8251 Bayshore Dr
CityTreasure Island
CountyPinellas County
StateFL
Zip Code33706
Area

St Pete/Pass a Grille Beach/St Pete Beach/Treasure Island

Amenities
Is WaterfrontYes
WaterfrontICW
Cooling

Central Air, Wall/Window Unit(s)

Exterior
ExteriorBlock
Lot DescriptionUp to 10,889 Sq. Ft.
Additional Information
Days on Market395
Listing Details
OfficeCharles Rutenberg Realty, Inc.
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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on August 22nd, 2019 at 1:15am EDT.