Amazing income property on Treasure Island! Incredible potential with this established 4 unit property located in the heart of Treasure Island. The main building sits on the Intercoastal and is only 1/2 a block from Treasure Island Beach. Minutes from Sunset Beach, St Pete Beach, Madeira Beach and 15 miles from Florida's famous, Clearwater Beach. So many areas and places to explore in close proximity to this location. Various sites and attractions that are "uniquely Florida" are in the immediate area: the iconic Thunderbird Hotel, Johns' Pass Boardwalk, and the St Pete Pier to name a few. The 3 units in the larger structure along the intercostal were used by the current owner as an AirBnB. This building consists of one 2 bedroom, 1 bath unit (Unit A) that is approx. 810 sq ft; and 2 - 1 bedroom, 1 bath units with one of them approx. 750 sq ft (Unit B) and the other 1 bedroom, 1 bath unit (Unit C) approx. 694 sq ft. Units A and B sit on the intercoastal and have spectacular water views from both living rooms as well as the main bedrooms. The other structure that sits along 104th Ave was a long-term rental and is a 1 bedroom, 1 bath and just under 900 sq feet. There are carports for each unit and 2 laundry room spaces onsite. As the pictures attest, the property sustained some damage from hurricanes Helene and Milton. The current owner has had the compromised material removed; flooring, drywall, appliances, etc. However, many of the items still in the units, the upper cabinets, the outlets, microwave and mini-splits were still in working order when last checked. Some electrical work has been completed and many of the windows were new and look to be in great condition. This property was owned, loved on, and cherished by the same family for over 45 years and eagerly awaits it's new owners! Endless possibilities with this property! Complete transparency so please feel free to reach out with any questions. Expected rents listed are based on comps for Treasure Island and are estimated. Seller pays for Title and selects Cloud Title.
Sold for $1,500,000 on 01/06/25
$1,500,000
141 104th Ave, Treasure Island, FL 33706
5beds
4baths
3,140sqft
Quadruplex, Multi Family
Built in 1955
-- sqft lot
$2,462,400 Zestimate®
$478/sqft
$3,219 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: June 09, 2025 at 06:20pm
Listing Provided by:
Lynnette Ramsey 813-484-7252,
EXP REALTY LLC 888-883-8509
Bought with:
David McCollum, 3094254
REALTY EXPERTS
Source: Stellar MLS,MLS#: TB8321492
Originating MLS: Sarasota - Manatee

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Electric
Cooling
- Ductless
Appliances
- Laundry: Laundry Closet, Washer Hookup
Features
- Ceiling Fan(s)
- Has fireplace: No
Interior area
- Total structure area: 4,853
- Total interior livable area: 3,140 sqft
Property
Parking
- Total spaces: 4
- Parking features: Guest, Off Street
- Carport spaces: 4
Features
- Levels: One
- Stories: 1
- Patio & porch: Rear Porch, Screened
- Exterior features: Other
- Has view: Yes
- View description: Water, Intracoastal Waterway
- Has water view: Yes
- Water view: Water,Intracoastal Waterway
- Waterfront features: Intracoastal Waterway, Riparian Rights, Intracoastal Waterway Access, Seawall
Lot
- Size: 0.34 Acres
- Features: Flood Insurance Required, FloodZone
Details
- Parcel number: 233115918180010110
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Public, Street Lights, Water Connected
Community & neighborhood
Location
- Region: Treasure Island
- Subdivision: TREASURE ISLAND, CITY OF
HOA & financial
HOA
- Has HOA: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 13425
Other
Other facts
- Listing terms: Cash,Conventional,Other
- Ownership: Fee Simple
- Road surface type: Asphalt
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Estimated market value
$2,462,400