Seller Financing
Address
172 107th AVENUE, TREASURE ISLAND, FL
Price
$ 3,500,000
Property Attributes
  • MLS#U8218689
  • TypeCommercial
  • CountyPINELLAS
  • CityTREASURE ISLAND
  • AreaPass a Grille Bch-St Pete Bch-Treasure Isl
  • NeighborhoodTreasure Island City Of
  • Zip33706
  • StyleIndustrial
  • Year Built1958
  • Taxes$ 16570
  • Price$ 3,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8432
  • Lot Size10,019 SqFt
Data Source:
Stellar MLS
Property Description

LOCATION< LOCATIONLOCATION!!! In the heart of downtown Treasure Island just a block from Beach & Beach Access. This is a five-unit, mix use commercial building. Unique & Unusual in every way. There are two ground floor commercial units fronting107th Ave near Gulf Blvd. across from the Clock Tower. These two units are underlease. One of the commercial units is 1,500 sq. ft. and the other unit is 3,000 sq. ft. (Paradise Spa). The second floor consists of 3 residential units: 2 - 1-bedroom/ 1 bath units and 1 - 2-bedroom 1.5 Bath w/laundry. This unit has a very large game/hobby room at the rea of it. Could possibly be developed as a 4th unit. All units are under lease. The residential units have had the baths upgraded. All three residential units shar a private common exterior patio area. It is a 20' x 32' second story Sun Deck in the rear of the building. All utilities are paid for by the tenants except water, sewer & trash. Top grade roof membrane installed +/- 11 years ago and come with a 20 year warranty. Sale includes the deeded parking lot with 11 spaces in from and two in the rear. This is an extremely convenient location in easy walking distance to Publix, Bankos, Hotels/Motels, Restaurants/Bars and of course the Gulf of Mexico. This is a Minimal Maintenance Turnkey property. Owner will consider POSSIBLE OWNER FINANCING (secured by other assets) or other properties as Partial Exchange/Trade for a portion of the purchase price. This is a one-of-a-kind Investment: Fully Rented, solid Cash Flow, Great Exposure and the term Location/ Location doesn't say enough.

Price History
10/25/2023 Listed $3,250,000

General Features

Sewer Public Sewer
Heating Central,Central Individual
Cooling Central Air
Utilities BB/HS Internet Capable,Electricity Available,Public,Water Connected
Roof Membrane
Appliances Dishwasher,Microwave,Refrigerator
Security Features Smoke Detector(s)
Construction Materials Block,Concrete
Year Built 1958
Levels Two
Property SubType Industrial
Tax Year 2022
Percent Ownership Other
County Pinellas
New Construction No
Property Type Commercial Sale
Subdivision Name TREASURE ISLAND CITY OF
Building Features Dumpsters,Trash Removal
Status Active
Directions Central Ave. to Treasure Island 107th Ave. to address next to 5th/3rd Bank on the North side of 107th.
City TREASURE ISLAND
Buyer Agent Compensation 3.0%-$395
Total Units 5
MLS Area 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Lot Size Square Feet 10001
Waterfront Y/N No
Street Name 107th
Listing Terms Cash,Conventional,Trade
Tax Annual Amount 16570
Property Condition Completed
Public Remarks LOCATION< LOCATIONLOCATION!!! In the heart of downtown Treasure Island just a block from Beach & Beach Access. This is a five-unit,mix use commercial building. Unique & Unusual in every way. There ar
Virtual Tour https://www.propertypanorama.com/instaview/stellar/U8218689
Days on Market 133
Standard Status Active
Tax Lot 23
Legal Description TREASURE ISLAND,CITY OF BLK 13,LOTS 23 AND 24
Water Access Y/N No
Water View Y/N No

Interior Features

Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix AVENUE
LivingAreaSource Public Records
Living Area Units Square Feet

Exterior Features

Parking Features 6 to 12 Spaces,Deeded
Lot Features Central Business District,Flood Insurance Required,FloodZone,City Lot
Water Source Public
Lot Size Area 10001
Foundation Details Slab
Number of Buildings 1
Building Area Total 8432
Lot Dimensions 50 x 200
Lot Size Acres 0.23
Road Surface Type Asphalt
Lot Size Units Square Feet
Road Frontage Type Alley,Main Throrughfare,Turn Lanes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33706

Price
AVG $2.21M
$3.5M
Taxes
AVG $14,692
$16,570
Visits
AVG 477
272
Data Provided by Inside Real Estate®
Year Built
AVG 1955
1958

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