Sarah Strobel
FLORIDA DRIVEN REAL ESTATE
(727) 472-9640
45 Total Sales
3 in Treasure Island
$300K - $1.4M Price Range
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!
Last Agent to Sell the Property
KLEIN & HEUCHAN, INC License #3432225 Listed on: 10/30/2022
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Sarah Strobel
FLORIDA DRIVEN REAL ESTATE
(727) 472-9640
45 Total Sales
3 in Treasure Island
$300K - $1.4M Price Range
Matthew Carr
WINWAY REALTY
(813) 547-3184
22 Total Sales
1 in Treasure Island
$2,250,000 Price
Tara Veprovsky
AGILE GROUP REALTY
(727) 472-4090
36 Total Sales
2 in Treasure Island
$250K - $365K Price Range
Daven Henry
LPT REALTY LLC
(844) 992-1755
56 Total Sales
1 in Treasure Island
$780,000 Price
Lambdin Freeman
DICUS HARRISON REALTY
(727) 349-4075
85 Total Sales
2 in Treasure Island
$335K - $1.8M Price Range
Richard Cooks
Howard Hanna - Port Clinton
(419) 573-3203
70 Total Sales
1 in Treasure Island
$3,050,000 Price
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,900,000 | Landguard Title Services | ||
| Rsm Property Management Llc | -- | None Available |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/23/2022 11/23/22 | Sold | $1,900,000 | -13.6% | $469 / Sq Ft |
| 11/06/2022 11/06/22 | Pending | -- | -- | -- |
| 10/30/2022 10/30/22 | For Sale | $2,200,000 | -- | $543 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $29,055 | $1,415,000 | $933,413 | $481,587 |
| 2024 | $27,232 | $1,800,000 | $1,269,607 | $530,393 |
| 2023 | $27,232 | $1,655,000 | $1,061,887 | $593,113 |
| 2022 | $13,936 | $975,000 | $634,517 | $340,483 |
| 2021 | $12,133 | $696,100 | $0 | $0 |
| 2020 | $11,232 | $645,159 | $0 | $0 |
| 2019 | $10,281 | $582,000 | $352,398 | $229,602 |
| 2018 | $9,357 | $530,250 | $0 | $0 |
| 2017 | $9,370 | $525,000 | $0 | $0 |
| 2016 | $7,730 | $459,667 | $0 | $0 |
| 2015 | $7,418 | $431,733 | $0 | $0 |
| 2014 | $7,026 | $408,571 | $0 | $0 |
Seller's Agent in 2022
Uli Cramer
KLEIN & HEUCHAN, INC
(727) 216-5934
10 Total Sales
Buyer's Agent in 2022
Adam Yore
RE/MAX
(727) 804-0655
36 Total Sales
Buyer Co-Listing Agent in 2022
Lisa Jerrard
RE/MAX
(727) 366-1614
75 Total Sales
Source: Stellar MLS
MLS Number: U8180789
Ask me questions while you tour the home.