$2,900,000

$312/sq ft

$50,000
Price Decreased

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Overview

Year Built

1968

Sqft

9294

Property Type

Multi Family

Property Description

Welcome to the Sea Breeze Apartments. This quaint 10-unit apartment complex located on the serene Isle of Capri, nestled in the heart of Treasure Island, Florida. With breathtaking, unobstructed views of the sparkling intercoastal waters, this property offers an exceptional opportunity for both investors and those looking to own a piece of paradise. The complex boasts a mix of two 1-bedroom, 1-bathroom units, and eight 2-bedroom, 2-bathroom units, each designed with comfort and relaxation in mind. Each residence features direct balcony or porch access. Natural light filters through large sliding glass doors which frame calming vistas of the shimmering waters, while the covered corridor provides a peaceful retreat from the sun. A key highlight of the property is its impressive 206 feet of water frontage, complete with a newly replaced, reinforced concrete seawall; ensuring both beauty and security for years to come. Residents start their days with calm morning sunrises and wind down to spectacular sun sets. The intercostal waterway offers endless possibilities for outdoor activities, from boating to paddle boarding or kayaking, all right outside your door. In addition to the comfortable living spaces, the property offers ample parking for both residents and guests, making it convenient and accessible. And with just a few short blocks to the world-famous Treasure Island beach, residents will have their toes in the sand in no time, offering the best of both worlds, waterfront tranquility and easy beach access. Whether you're looking to own a piece of real estate on one of Florida’s most coveted island communities, or seeking a prime, income-producing property, this Isle of Capri gem is the ideal investment. Schedule a tour today and experience the beauty and charm of this rare opportunity!

Property Details

MLS#

TB8430341

Address

275 116TH

City

TREASURE ISLAND

State/county

FL

Zip/Postal Code

33706

Area

Capri Isle Sub

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$30,669

Maint Fee

$--

Tax Year

2024

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Boris Gelfand