Treasure Island, FL 33706,195 110TH AVE
Treasure Island, FL 33706,195 110TH AVE
Treasure Island, FL 33706,195 110TH AVE
10
$1,900,000
$2,200,000
13.6%
Est.Price: ?

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4,054 SqFt

195 110TH AVE Treasure Island, FL 33706

Est. payment /mo
SOLD DATE : 11/23/2022

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Key Details

Sold Price $1,900,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,054 sqft

Price per Sqft $468

Subdivision Isle Of Palms

MLS Listing ID U8180789

Sold Date 11/23/22

HOA Y/N No

Originating Board Stellar MLS

Year Built 1971

Annual Tax Amount $12,132

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 50x149

Property Description

The views are simply spectacular! A rare opportunity to own a stunning six-unit waterfront apartment building situated in the highly sought-after Isle of Palms neighborhood of Treasure Island, Florida! Wide Open Views with 58 feet of seawall, a gorgeous large observation deck, and easy access to the Gulf of Mexico and Tampa Bay. This low-maintenance block construction building has been meticulously maintained inside and out with beautiful landscaping and ten parking spaces. This building features an abundance of natural light with great floorplans. Three units are 2/1 – Two bedroom one bath with kitchen, dining and living rooms. The remaining three units are 1/1 – One bedroom one bath with kitchen dining and living rooms as well. Current Rents are substantially under market with 4 month-to-month tenants and 2 owner units. Projected Income based on market rates in the area: $2000 - $2500 2 Bedroom Units and $1800-$2200 for the One Bedroom Units. The current property expenses: 2021 Taxes $11,647.46, Insurance Liability $2500, Wind $6,400, Flood $5200. Water/Garbage/Sewer for all units currently paid by Owner $490/Month. Electric (Separately metered tenants pay individually) House Electric $40/month. On Site Laundry is currently included in rent but could be changed to coin operation for additional income. This phenomenal property is located only minutes from the sandy beaches of Treasure Island, shopping, water activities, great restaurants, sunset beach walks and more – this is truly an amazing opportunity!

Location

State FL

County Pinellas

Community Isle Of Palms

Interior

Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Master Bedroom Upstairs

Heating Central

Cooling Central Air

Fireplace false

Exterior

Exterior Feature Hurricane Shutters, Sidewalk, Storage

Utilities Available Cable Available, Electricity Available

Waterfront Description Bay/Harbor

View Y/N 1

Water Access 1

Water Access Desc Bay/Harbor

Roof Type Other

Garage false

Private Pool No

Building

Foundation Block

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

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Stellar MLS
Listed by KLEIN & HEUCHAN INC REALTY
Bought with RE/MAX PREFERRED

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Gemma Peterson

Broker/Owner | License ID: NMLS: 2295908 MLO:2121526

+1(407) 242-7758

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