205 BAY PLAZA at

205 BAY PLAZA

For sale Days on market 80

$585,000

$327/sq ft

$65,000
Price Decreased

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Overview

Bedroom

Year Built

1947

Sqft

1791

Property Type

Triplex

Property Description

Under contract-accepting backup offers. Investor Special: Triplex on Sunset Beach!!! Here is an AMAZING Opportunity to own a Premium lot on Sunset Beach!! Priced well below the Pre-hurricane Appraisal of $750K!!! Current owner has a quote for approx $70K to put the 2 lower units back to pre-hurricane condition. Upstairs had no damage from the storms. The ROI is worth the renovation project ahead. Upper 2BR/1BA: Fully furnished and spacious with an updated & stocked kitchen, newer HVAC & water heater, bright and spacious floor plan, comfortable living room, plus a bright sunroom for year-round relaxation. Currently rented and turnkey. Two Lower Efficiencies: Each with a kitchen, full bath, New mini-split, and proven rental demand—ideal for someone that doesn’t mind a little sweat equity for a huge return. Additional highlights include a newer elevated paver driveway, 4 electrical panels (1 per unit + owner’s), exterior washer & dryer hookups, owner closets, keyless entries, and consistent rental history. Live the dream by keeping one unit for yourself while generating strong income from the others—OR maximize ROI by renting all 3! With its unbeatable location near Caddy’s, Ka’Tiki, and the beach, this Sunset Beach triplex is the definition of opportunity meets lifestyle.

Property Details

MLS#

TB8426169

Address

205 BAY

City

TREASURE ISLAND

State/county

Zip/Postal Code

33706

Area

Herrons Sub 8

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$8,945

Maint Fee

$--

Tax Year

2024

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