106 E Bay Drive, Treasure Island, FL 33706

$675,000
5
BD
4
BA
2,016
SqFt

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List Price
$675,000
Days on Market
85
MLS#
TB8506601
Bedrooms
5
Full Bathrooms
4
Sq. Ft
2,016
Lot Size
3,019
Subtype
Single Family
County
Pinellas
Community
No Deed Restriction
Subdivision
Herrons Sub 5
Year Built
1938

Property Description

Located in the heart of highly sought-after Sunset Beach, this rare tri-plex opportunity is just a 2-minute walk to the beautiful white sands of Sunset beach and surrounded by the laid-back beach lifestyle that makes Treasure Island so special. Walk to local beachfront restaurants, live music, coffee shops, bars, and entertainment, while enjoying one of the most charming and walkable beach communities on Florida’s Gulf Coast. Previously operated as a highly successful short-term rental property, this unique beach compound consists of three separate units, including a main building with two apartments plus a detached standalone efficiency unit — offering endless possibilities for redevelopment, investment, vacation use, or future income potential. The property sustained flood damage during Hurricane Helene and wind damage during Hurricane Milton and is currently vacant and in disrepair. This is being marketed primarily for its exceptional location, lot value, and redevelopment potential. Renovate and reimagine the existing structures, elevate the property approximately 12 feet to create a future coastal retreat, or start fresh with brand-new construction. Opportunities like this in Sunset Beach are increasingly rare. This location places you minutes from everything beach living has to offer — waterfront dining, boating, fishing charters, dolphin cruises, parasailing, jet ski rentals, beach bars, live entertainment, and nightly sunsets over the Gulf. Whether you envision a luxury beach getaway, income-producing investment property, or a completely new coastal development project, the potential here is truly unmatched. Bring your vision and take advantage of this incredible opportunity to create something special in one of Tampa Bay’s most beloved beach communities. Photos of the exterior were taken prior to the hurricanes. The two exterior images are virtual renderings provided for inspiration only and illustrate one possible redevelopment concept with the structures elevated approximately 12 feet. Renderings are conceptual, not existing conditions, and are subject to local approvals and building requirements.

Additional Information

City
Treasure Island
Region
Pass a Grille Bch/St Pete Bch/Treasure Isl
Zip
33706
Mo Subdivision
Sunset Beach
Neighborhood
Sunset Beach
Subdivision
Herrons Sub 5
Area
2016
Community Extras
No Deed Restriction
Property Description
Two Story
Exterior Construction
Stucco
Pool Type
No Pool
Property Style
Single Family
Total Acreage
0 to less than 1/4
Special Sale Provision
None
Minimum Lease
No Rent
Interior Features
Ceiling Fans(s)
Interior Layout
Ceiling Fans(s)
Flood Zone
AE
Flood Zone
Yes
Financing Available
Cash
Heated Square Feet
2016
Acres
0.07
Stories
2
Exterior Features
Balcony
Floor Covering
Ceramic Tile
Pp Sqft
334.82
Levels
Two
Occupant Type
Vacant
Subtype
Single Family
Roof
Shingle
Property Subtype
Residential
DPRYN
Yes
Sewer
Public Sewer
Water Source
Public
Furnished
Unfurnished

Listing courtesy of REALTY BUY DESIGN. 813-451-9201

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