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Multi Family - TREASURE ISLAND CITY OF for Sale

10625 1ST E, TREASURE ISLAND, FL 33706

Asking Price$3,600,000

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  • Days on market:

    226 day(s)
  • Original Price:

    $3,600,000
  • Price per sqft:

    $360
  • Tax Legal Description:

    TREASURE ISLAND, CITY OF BLK 11, LOT 1 LESS NW'LY 85FT
  • Tax Year:

    2024
  • Property Type:

    Multi Family
  • Parking:

    19 to 30 Spaces
  • Construction Type:

    BlockConcrete
  • Roof:

    Shingle
  • Cooling Description:

    Central AirWall/Window Unit(s)
  • Heating Description:

    CentralWall Units / Window Unit
  • Floor Description:

    CarpetTerrazzo
  • Special Listing Conditions:

    None
  • Lot Features:

    Central Business District Corner Lot Street LightsCity LotFlood Insurance Required FloodZone Infrastructure In

Description

$3,600,000 • living size area 10000 sqft

Change of plans brings a highly unusual and unique 10,000+ sq. ft, treasure island property back to the market. consisting of 8 various sized, fully leased, entrepreneur-type office units situated on the second floor generating $4,476.00 monthly with a vacant ground floor consisting of approx.. 900 sq. ft of finished space (currently for rent) on north end and with the remaining 4,100 sq. ft. of first floor strategically laid out for a professional medical facility (ie: doctor, dentist, veterinary) type operation but the c-2 zoning allows for a plethora of additional operations including but not limited to retail, office (ie: insurance or real estate) and restaurants. the metal studs are in place defining a possible layout which can be altered. lines for both sewer and water (new from the street in) are installed with cast iron removed and replaced. various electric upgraded and the very durable “densglass” sheathing (siding) installed on entire west side of building plus brand new hurricane resistant doors and windows. there are a total of 29 parking spaces with front and rear alley access on a lot measuring 99’ x 134’. brand new roof installed 1/10/25 with transferrable warranty. new hvac scheduled to be installed on second floor. seller will consider leasing the raw space at terms and conditions to be negotiated. drive-by only please.

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