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$1,450,000
4 Beds ⋅ 4 Baths ⋅ Herrons Sub 6 SubDv. ⋅ 33706 Zip Code
Turnkey Beachside Quadplex | Sunset Beach, Treasure Island | Fully Leased Investment Opportunity Welcome to 135 86th Terrace, Treasure Island, an exceptional four-unit income-producing property located just steps from the sugar-white sands of Sunset Beach. Rarely does an investment opportunity combine a premier beach location, extensive renovations, professional management, and immediate cash flow into one turnkey package. This fully leased quadplex features four spacious 1-bedroom, 1-bathroom units, each approximately 750 square feet, thoughtfully renovated with modern flooring, fresh interior paint, updated kitchens, appliances, central HVAC, and attractive finishes designed to maximize tenant appeal. Every unit is occupied with annual leases in place, creating reliable, immediate rental income from day one. Recent capital improvements provide peace of mind for years to come, including new HVAC systems installed in 2025 with elevated condensers, new exterior decks, updated electrical panels, and convenient on-site indoor laundry facilities. Each unit also includes its own assigned outdoor storage area, providing tenants with dedicated space for beach chairs, bicycles, paddleboards, fishing gear, and other beach essentials. The low-maintenance design and recent upgrades make this a true plug-and-play investment. Beach access is directly across the street, allowing tenants to enjoy one of Florida's most desirable coastal lifestyles. Residents are within walking distance of local favorites including Caddy's Treasure Island and Ka'Tiki, while also enjoying convenient access to St. Pete Beach, Downtown St. Petersburg, Clearwater Beach, shopping, dining, entertainment, and Tampa International Airport. Current annual leases generate monthly rents of $1,975 (Unit 1), $1,975 (Unit 2), $1,800 (Unit 3), and $2,250 (Unit 4), providing immediate, stable cash flow in one of Tampa Bay's most desirable beach communities. Whether you're expanding your rental portfolio, completing a 1031 Exchange, or utilizing a DSCR loan to acquire a cash-flowing asset, this property checks every box for today's investor. Opportunities like this are increasingly difficult to find—a professionally managed, fully occupied, recently renovated beachside quadplex in a prime location with immediate income and long-term appreciation potential. PLEASE DO NOT DISTURB TENANTS OR WALK THE PROPERTY WITHOUT A CONFIRMED APPOINTMENT. Private showings are available by appointment only.

134 86th Terrace, Treasure Island
$1,500,000
3 Beds ⋅ 4 Baths ⋅ Marquesa Condo SubDv. ⋅ 33706 Zip Code
Virtually Staged. Positioned directly on the pristine sands of Treasure Island, The Marquesa represents a rare, Mediterranean-style boutique enclave of only 17 private residences. This exceptionally curated 3-bedroom, 3.5-bathroom sanctuary balances understated coastal sophistication with gallery-like spatial proportions. Bathed in natural light, the open-concept living environments unfold seamlessly, framed by floor-to-ceiling glass that invites the shifting colors of the Gulf of Mexico indoors. The floor plan is well designed for entertaining, yet affords privacy. A grand primary suite overlooks the water, offering a waking vista of the horizon, walk-in closets, and a spacious en-suite bath. Each additional guest bedroom features its own dedicated en-suite bath, providing secluded accommodation away from the main living areas. The kitchen balances high design with functionality. Step outside to an expansive private terrace to capture sea breezes and unforgettable Gulf sunsets. Impeccably maintained grounds feature a heated beachfront pool, boardwalk to the sand, an individual ground-floor garage, and controlled access. Positioned safely back from Gulf Boulevard yet moments from boutique dining and shopping, this property serves as a timeless legacy asset or private coastal retreat.

200 121st Avenue Unit 103, Treasure Island
$2,250,000
3 Beds ⋅ 4 Baths ⋅ Marquesa Condo SubDv. ⋅ 33706 Zip Code
A residence on the Gulf of Mexico. The Marquesa is a Mediterranean-style enclave of seventeen homes set directly on the sand in Treasure Island. Residence 104 is among its most considered. Steps from powdery sand, shimmering turquoise water, and the kind of sunsets worth planning your evening around. Three OPULENT EN-SUITE BEDROOMS, each with its own luxurious bath and spacious walk-in closet, plus a modern half bath for guests. The OVERSIZED PRIMARY SUITE faces west to the Gulf — wake to the horizon, fall asleep to the sound of the water. Its spa bath features custom cabinetry, bespoke hardware, and a JASON MICROSILK HYDROTHERAPY TUB for indulgent relaxation beneath twin starburst chandeliers. A CHEF'S DREAM KITCHEN with custom cabinetry, stone countertops, brass pot filler, WOLF range and coffee system, double SUB-ZERO refrigeration, and built-in WINE REFRIGERATOR. Bespoke hardware throughout. No detail was spared in this $438,000 (today's value) RENOVATION, evident in the chic flooring and impeccable craftsmanship. Bathed in natural light, the open-concept living spaces flow seamlessly onto a RARE OVERSIZED TERRACE — one of only two in the building. The terrace faces west. The sun sets into it. Residents enjoy a private beachfront POOL, COVERED GARAGE, SECURED LOBBY, and a private boardwalk through the sea grape to the sand. NEW ROOF and NEW ELEVATOR. HURRICANE IMPACT GLASS and AUTOMATIC SHUTTERS throughout. Near Gulf Boulevard's dining, boutique shopping, and water adventures. Primary residence, vacation haven, or investment. Schedule your private tour.

200 121st Avenue Unit 104, Treasure Island
$675,000
5 Beds ⋅ 4 Baths ⋅ Herrons Sub 5 SubDv. ⋅ 33706 Zip Code
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.

106 E Bay Drive, Treasure Island
$2,999,000
4 Beds ⋅ 4 Baths ⋅ Herrons Sub 8 SubDv. ⋅ 33706 Zip Code
Tucked along a quiet waterfront street in the heart of Sunset Beach, this custom-built coastal residence offers a refined take on island living—where clean design, quality finishes, and a seamless connection to the water come together effortlessly. Completed in 2019, the home features 4 bedrooms, 4 bathrooms, and almost 3,500 square feet of thoughtfully designed living space . Inside, shell stone flooring runs throughout the entire home, including the bathrooms, creating a cohesive and timeless look. The open living areas are filled with natural light and flow into a gourmet kitchen with quartz countertops, a large island, soft-close cabinetry, and premium Jenn-Air appliances with a gas range . An elevator services all levels, adding everyday convenience. The outdoor space is designed for easy enjoyment, with intentionally low-maintenance landscaping framing a heated pool with color-changing LED lighting and a sun shelf, surrounded by paver decking. A mini bocce ball area along the side yard adds a relaxed, social element. At the water’s edge, a composite dock with electric and water connections provides immediate access for boating or simply enjoying the view . Multiple balconies and a spiral staircase enhance the indoor-outdoor flow. Built with elevated construction for peace of mind and supported by features such as a durable metal roof and generator-ready systems, the home combines comfort with quiet confidence. All just moments from the beach and the laid-back charm that makes Sunset Beach one of Treasure Island’s most desirable coastal communities.

306 Bay Plz, Treasure Island
$1,200,000
6 Beds ⋅ 4 Baths ⋅ Herrons Sub 6 SubDv. ⋅ 33706 Zip Code
Live by the beach while having your tenants cover the expenses! When you step into one of these three units, you'll be captivated by the meticulous attention to detail and a multitude of modern upgrades that make this property a true gem in the heart of Sunset Beach. With a brand new roof and AC system installed in 2024, you can enjoy worry-free living. Enhanced security and energy efficiency are ensured by the new hurricane windows, while the high and dry electric panels guarantee safety and functionality. Each unit features three high-efficiency tankless water heaters, providing instant hot water for your convenience and peace of mind. The lower units are thoughtfully designed with durable stucco walls, custom PVC cabinets, and removable closet doors that facilitate easy preparation and organization. Additionally, the clever furniture pulley system allows you to lift and store furniture. Don’t miss out on the opportunity to own this beautifully upgraded property, just steps away from the stunning Gulf of Mexico. Schedule your showing today and experience the perfect blend of comfort, style, and modern living! Check out the virtual tour or ask for a video walk through!

130 86th Terrace, Treasure Island
$1,200,000
6 Beds ⋅ 4 Baths ⋅ Herrons Sub 6 SubDv. ⋅ 33706 Zip Code
Live by the beach while having your tenants cover the expenses! When you step into one of these three units, you'll be captivated by the meticulous attention to detail and a multitude of modern upgrades that make this property a true gem in the heart of Sunset Beach. With a brand new roof and AC system installed in 2024, you can enjoy worry-free living. Enhanced security and energy efficiency are ensured by the new hurricane windows, while the high and dry electric panels guarantee safety and functionality. Each unit features three high-efficiency tankless water heaters, providing instant hot water for your convenience and peace of mind. The lower units are thoughtfully designed with durable stucco walls, custom PVC cabinets, and removable closet doors that facilitate easy preparation and organization. Additionally, the clever furniture pulley system allows you to lift and store furniture. Don’t miss out on the opportunity to own this beautifully upgraded property, just steps away from the stunning Gulf of Mexico. Schedule your showing today and experience the perfect blend of comfort, style, and modern living! Check out the virtual tour or ask for a video walk through!

130 86th Terrace, Treasure Island
$3,749,500
3 Beds ⋅ 4 Baths ⋅ Oconnells Rep SubDv. ⋅ 33706 Zip Code
Sunset Beach’s iconic “Glass Block Home,” masterfully envisioned by acclaimed architect Daniel Thayer Dawson, is now available—presenting a rare opportunity to own one of Florida’s West Coast’s most architecturally distinctive residences. Perfectly positioned along the pristine shores of the Gulf of Mexico, this striking three-story contemporary beachfront retreat showcases dramatic 20-foot floor-to-ceiling windows, blending sleek modern design with effortless coastal sophistication. Inside, the home offers a seamless balance of form and function. The soaring glass walls in the living room flood the interior with natural light while framing breathtaking panoramic views of turquoise waters and unforgettable Gulf sunsets. An open-concept layout enhances the sense of space and flow, creating an inviting atmosphere ideal for both everyday living and elegant entertaining. The chef’s kitchen is thoughtfully designed with a state-of-the-art induction cooktop, custom cabinetry, and counter seating for four—perfect for casual dining or gathering with guests. The adjacent living area, defined by its 20-foot ceilings and refined designer finishes, provides a stunning yet comfortable setting for hosting or relaxing. The primary suite serves as a tranquil sanctuary, offering sweeping water views and direct access to a private porch—an ideal place to unwind while watching the sunset or moonlight dance across the Gulf. The spa-inspired ensuite bath features a walk-in shower and a calming, modern aesthetic. A dramatic floating glass walkway leads to the third floor, where a guest bedroom enjoys its own spectacular beach views. An additional bedroom is also located on this level. Each guest suite is designed for comfort and privacy, complete with its own ensuite bath and private porch overlooking the water. Outdoors, the home transforms into a private beachfront oasis. Multiple expansive decks with custom glass railings provide uninterrupted views, creating the perfect setting for sunbathing, entertaining, or dining under the stars. With direct beach access, every day feels like a getaway. Enhancing both convenience and luxury, a striking glass elevator connects all three levels of the home. The ground floor features a freshly updated two-car garage with a new commercial-grade epoxy finish, and ample storage room as well. A rear garage exit opens to a covered lanai with direct beach access, along with a spiral staircase leading to the main living areas. Just a short one-minute walk along the sand brings you to the famous beachfront destination of Caddy’s and the lively and equally famous Ka’Tiki Bar & Gril. Both offer daily live music in a vibrant coastal setting. Whether you’re seeking peaceful beachfront relaxation or a more social atmosphere, this exceptional location offers the best of both worlds. Experience the unmatched design and coastal lifestyle of Sunset Beach’s Glass Block Home—schedule your private showing today.

8680 W Gulf Boulevard, Treasure Island
$1,990,000
3 Beds ⋅ 4 Baths ⋅ Marquesa Condo SubDv. ⋅ 33706 Zip Code
Price Improvement! Paradise on Treasure Island is calling with this large corner unit condo, complete with an oversized balcony to maximize your sunset viewing. As a bonus the Condo sits back a block off of busy Gulf Blvd. There are unobstructed views from above the tree tops and the Gulf is visible from the primary bedroom, living areas and kitchen. No detail overlooked with this mostly furnished, turn-key meticulous unit. Living area floors are Italian ceramic wide-plank tiles. Bedrooms, all with luxurious carpet. The Kitchen features Turkish Emperador Granite counters and glass tile backsplash. Stainless GE Elite appliances, and the refrigerator is brand new. Convection oven and convection microwave. Custom 42” cabinets, with under cabinet lighting. Breakfast Bar and Wine Cooler complete this beautiful space. The open floorplan is spacious and perfect for entertaining. The two guest bedrooms can be closed off behind French doors to make a private suite. There is a second entrance from this area as well. All bedrooms have en-suite bathrooms. There is a Powder bath for convenience just inside the main entrance to the condo as well. Primary suite has volume ceilings, Gulf views, balcony access, and his and hers walk-in closets. Primary bath has Italian tile, dual Kohler sinks, granite, glass enclosed shower, Kohler tub, toilet & bidet. Property is protected by Simonton Stormbreaker Cat 5 hurricane windows and newly installed Sliders. There are Rolladen electric hurricane shutters too so the condo and the balcony furniture are both secure. Ground floor, you have a dedicated, secure, private oversized single-car garage. Lots of room for the beach toys, even a golf cart. This beautiful condo in a smaller boutique community is for the most refined buyer who is longing to enjoy their own piece of paradise! Don’t delay, schedule today.

200 121st Avenue Unit 304, Treasure Island
$1,875,000
4 Beds ⋅ 4 Baths ⋅ La Bella Vita Condo SubDv. ⋅ 33706 Zip Code
Discover La Bella Vita—an exclusive, gated waterfront enclave offering a level of luxury, space, and boating lifestyle rarely found along our Gulf Coast. Nestled along the bay and just one block from the sugar-white sands of Treasure Island Beach, this boutique community consists of only 16 residences, delivering the privacy and exclusivity discerning buyers expect. The secure building features a private lobby entrance and high-speed semi-private elevator, creating a true lock-and-leave coastal retreat. This rare end-residence offers the complete Florida coastal package: over 3,100 square feet of beautifully designed living space, 4 bedrooms, 3.5 baths, a private two-car garage with a 48-amp EV charging station, and a deep-water boat slip with quick access to the Gulf of Mexico. Thoughtfully designed for both entertaining and everyday living, the open, light-filled floor plan features soaring 10-foot ceilings, tray ceilings, crown molding, designer lighting, and expansive walls of glass framing spectacular water views. The gourmet kitchen is equally impressive, featuring granite countertops, custom wood cabinetry with pull-out shelving, glass tile backsplashes, and stainless steel appliances. The luxurious waterfront primary suite serves as a private sanctuary, complete with direct balcony access, panoramic water views, an oversized walk-in closet, and a spa-inspired bath featuring a garden Jacuzzi tub and oversized walk-in shower with dual shower heads and built-in seating. A second guest suite also enjoys private balcony access. As a coveted end unit, nearly every room captures sweeping bay vistas and abundant natural light. Expansive private balconies invite you to relax with morning coffee, entertain guests, or simply take in spectacular Florida sunsets. ****************************************************************************************************************************************************************************************************************************** Residents enjoy resort-style amenities including a heated waterfront pool and spa, paver sun deck, private dock, and deeded boat slip—perfect for boaters seeking immediate access to world-class fishing, island hopping, waterfront restaurants, and the Gulf's emerald waters. Perfectly situated between the Gulf beaches and vibrant Downtown St. Petersburg, La Bella Vita offers an unmatched coastal lifestyle. Spend your days boating, fishing, paddleboarding, or walking the beach, then enjoy an evening exploring acclaimed restaurants, museums, galleries, craft cocktail bars, and live entertainment just 15 minutes away. La Bella Vita presents a rare opportunity to enjoy exceptional waterfront living, greater space, private boating access, and remarkable coastal value—all in one of Florida's most desirable beach communities.

220 108th Avenue Unit 304, Treasure Island
$1,375,000
4 Beds ⋅ 4 Baths ⋅ Sunset Beach SubDv. ⋅ 33706 Zip Code
This Solid block building directly across from the sugary sands of Sunset Beach, is a rare opportunity to own a four-unit property in the heart of the highly sought-after Sunset Beach neighborhood. Located directly across the street from Sunset Beach access, the property offers a location that consistently appeals to both long-term tenants and short-term renters. Sunset Beach is known for its quiet, walkable streets, limited inventory, and authentic coastal charm, making it one of the most desirable and tightly held areas along the Gulf Beaches.The property consists of four one-bedroom, one-bath units, all currently occupied by annual tenants and operated as unfurnished long-term rentals. Each unit is separately metered for electric, and the building includes shared laundry facilities, upstairs and downstairs patios, ample parking, and additional storage. As currently operated, the property provides steady income with an estimated cap rate of approximately 5%. For a buyer looking ahead, there is clear upside potential. Given its beachside location and layout, the highest and best use of the property is as a short-term or seasonal rental operation(1 month minimum 5 times per year), where projected returns could increase to approximately 7–9%(PRO FORMA AVAILABLE). This flexibility allows a new owner to enjoy reliable income today while maintaining the option to reposition the property in the future and take full advantage of its exceptional Sunset Beach location. Brand new coin operated landry offsets most of the common power and water for the building *Bottom 2 units were flooded during Hurricane Helene and were remediated with permits. All zoning nd other material facts should be verified by the buyer an or their agent. DO NOT DISTURB TENANTS

8301 W Gulf Boulevard, Treasure Island
$795,000
2 Beds ⋅ 4 Baths ⋅ One Thirty Five Sunset Place SubDv. ⋅ 33706 Zip Code
Welcome to your dream waterfront townhouse at 135 92nd Avenue, Unit 5, in beautiful Treasure Island, Florida. This stunning 2-bedroom, 3.5-bathroom home offers 1,520 square feet of elegant coastal living, perfect for those seeking a relaxed, Florida waterfront lifestyle. Step inside to discover an elevated living space that showcases expansive water views through sliding glass doors and windows. The open-concept layout features a spacious kitchen with abundant countertops and cabinetry, ideal for the home chef. The interior has been freshly painted throughout in a calming coastal color, enhancing the serene ambiance. The primary suite is a true sanctuary, boasting breathtaking water views from its large private balcony. The en-suite bathroom is equipped with double vanities, a large walk-in shower, and a bidet, all illuminated by skylights. For added convenience, an inside laundry includes a stackable washer/dryer. The oversized one-car garage and additional assigned parking space ensure plenty of room for your vehicles. Embrace outdoor living with two large waterfront balconies that invite you to relax and watch dolphins play as boats glide by. The ground floor patio and adjacent waterfront bonus room make summer parties a delight. With an assigned boat slip, you're just a quick jaunt to the Gulf of Mexico's warm waters. This pet-friendly townhouse is a stone's throw from sugar sand beaches and local tiki bars, offering the ultimate in coastal convenience. Fully furnished options are negotiable, and short-term rentals are possible, making it an attractive investment. Experience paradise, knowing there was no water intrusion into the main living areas of the townhouse during the 2025 storms. Your waterfront haven awaits just steps away from the soft white sands of Sunset Beach!

135 92nd Avenue Unit 5, Treasure Island
$1,475,000
4 Beds ⋅ 4 Baths ⋅ Sunset Cove Of Treasure SubDv. ⋅ 33706 Zip Code
Rare deep-water waterfront with direct Gulf access in Treasure Island’s coveted Sunset Beach community. Perfectly positioned along the Blind Pass Waterway, this refined coastal townhome offers unobstructed Gulf access with no fixed bridges, making it an exceptional opportunity for serious boaters. Deeded 50-foot dock with 12,000-lb boat lift sits just steps from the residence, providing effortless access to open water, Intracoastal cruising, and sunset voyages beyond the pass. Designed for elevated coastal living, the residence spans approximately 2,700 square feet and blends timeless finishes with thoughtful functionality. The open-concept main living level features engineered hardwood flooring, custom millwork, and expansive water views that frame daily sunsets over the waterway. Wrap-around balcony extends the living space outdoors, creating ideal settings for morning coffee, evening cocktails, and watching boats glide past. The well-appointed kitchen anchors the home with generous counter space, quality cabinetry, and seamless flow to the dining and living areas—perfect for entertaining after a day on the water. An in-home elevator provides effortless access from the garage level, while the spacious garage with built-in storage offers ample room for vehicles, beach gear, and boating essentials. Upstairs, the private living quarters include four bedrooms and three and a half baths, offering flexibility for full-time living, a luxury second home, or multigenerational use. The primary suite is a true retreat, complete with water views, and a spa-inspired bath designed for relaxation after long days on the Gulf. Located just moments from Sunset Beach, this home delivers a rare combination of deep-water boating and walkable beach access—a lifestyle few Treasure Island properties can convey. Enjoy easy access to pristine Gulf beaches, local dining, and the laid-back coastal culture that defines this special enclave. Whether you’re seeking a boater’s dream, a refined coastal residence, or a Gulf-to-bay retreat with true waterfront credentials, 8575 Sunset Court stands apart as a premier Treasure Island offering where luxury, location, and lifestyle converge.

8575 Sunset Court, Treasure Island
$1,999,900
5 Beds ⋅ 4 Baths ⋅ Capri Isle Sub SubDv. ⋅ 33706 Zip Code
Virtually Staged. PRICE REDUCTION PROGRAM NOW ACTIVE! NEW PRICE $1,999,900. Interested buyers are encouraged to act quickly, as increased buyer interest and competition has developed as the price is now under $2M. When a $2.5M home drops $500,000 in price reductions, the market notices. This is that moment and now the clock is ticking. 11700 5th St E is the only elevated, true 5-bedroom waterfront estate on Florida's Gulf Coast barrier islands at this price. With over $500,000 in reductions and extensive seller upgrades already completed, this is unmatched value in one of America's most sought-after coastal markets. Direct Gulf access through John's Pass — NO low bridges. A 20,000 lb boat lift, updated double-sided composite dock with electric and water, and open water in minutes. Offshore fishing at dawn or cruising at sunset, this is the boater's address on the barrier islands. BUILT FOR THE SUNSET! Prized western exposure delivers panoramic Gulf Coast sunsets through a dramatic wall of west-facing glass every single evening. The primary suite occupies the entire third floor, fully remodeled in 2021, with a spa-inspired bath and a private top-floor terrace where the view is yours alone. Over 4,600 square feet of refined coastal living. Open floor plan. Chef's kitchen. Dedicated office. Game room. Heated saltwater pool with new pump and salt generator (2025). Four-car tandem garage. No HOA. Cathedral ceilings, crown molding, gas fireplace, and stone counters throughout. New metal roof (2019). Two new AC systems (2019). Two new water heaters (2022). Fresh exterior paint (2023). Move in, cast a line, watch the sunset. No projects. No delays. At $431/sq ft, this is the best waterfront value on the Gulf Coast today. The only elevated 5-bedroom waterfront home on the barrier islands with Gulf access, a 20,000lb lift, western sunsets, and zero HOA at this price point. Don't wait, the buyers are noticing and looking. That buyer could be you, or it could be someone who acted while you hesitated. Call today. At this price the next showing may be the last.

11700 5th Street E, Treasure Island
$1,690,000
5 Beds ⋅ 4 Baths ⋅ Treasure Island City Of SubDv. ⋅ 33706 Zip Code
Virtually Staged. NOW COMPLETE WITH CERTIFICATE OF OCCUPANCY IMMINENT! FLOOD-ZONE ELEVATED construction with LUXURY FINISHES. ZONED FOR NIGHTLY + WEEKLY RENTALS VRBO & Airbnb LEGAL. PET-FRIENDLY Two pets allowed, no weight limits. ROOFTOP DECKS with GULF VIEWS, wet bars & hot tub reinforcement Capri Townhomes - The Ultimate Beachside Investment + Lifestyle Opportunity Introducing Capri Townhomes, a boutique enclave of just seven stunning 5-bedroom, 4-bath luxury townhome-style condos, each designed to elevate your coastal living experience. With nearly 2,800 square feet of well-thought-out living space, private rooftop decks, Private Elevator in unit, oversized 2+ car garages, and a community pool, this exclusive development truly offers it all - and it's just steps away from the pristine sands of Treasure Island and iconic John's Pass Village. Whether you're seeking a primary residence, a savvy second home, or a short-term rental powerhouse, Capri delivers the rare combination of full flexibility, luxury, and legal rental freedom on the Gulf Beaches. Few properties in this market offer true short-term rental eligibility without restriction, and even fewer with this level of design and quality. Third party projections show annual revenue around $200K. Please check with your accountant about Cost Segregation studies for depreciation. 3rd party cost segregation tax benefit estimate of $245,000 that the buyer may be able to reduce their taxable income by… buyer to confirm with their tax advisor. Perfect for 1031 exchanges. Each unit has been crafted with modern coastal living in mind - from remote-work-friendly floor plans to rooftop entertaining spaces that bring the Florida sunset to your doorstep.

11605 1st Street E Unit A2, Treasure Island
$949,000
2 Beds ⋅ 4 Baths ⋅ Herrons Sub 6 SubDv. ⋅ 33706 Zip Code
2 new electrical panels for upper units. Welcome to Treasure Island! Located in the heart of Sunset Beach on the southern tip of Treasure Island, Florida, this beautiful quadplex is a rare investment opportunity just 250 steps from the beach. This income-producing property features four individual units and sits on an oversized lot—nearly a double lot for the street, offering ample parking and redevelopment potential. Although the building has been affected by a recent hurricane, it presents the perfect chance for a savvy investor or builder to renovate and transform it into a cash-flowing asset. Whether you choose to restore the existing structure, or redevelop into a new home or multi-unit property, this location offers unbeatable proximity to the Gulf, shops, dining, and entertainment.

134 86th Avenue, Treasure Island
$875,000
2 Beds ⋅ 4 Baths ⋅ Village Of Paradise Island SubDv. ⋅ 33706 Zip Code
This turn-key, 1,750-square-foot luxury townhome delivers a premium waterfront lifestyle featuring open water views from all 3 levels. Recent improvements including two newer zoned HVAC units, newer washer and dryer, and hurricane-impact sliding doors. Designed for sophisticated coastal living, the three-level residence captures wide-open water views from every floor and offers private composite decks perfect for entertaining or watching spectacular sunsets. The elevated main level features an open-concept layout with hardwood floors, a wood-burning fireplace, and a gourmet kitchen equipped with a central island, breakfast bar, and walk-in pantry. Up on the third floor, the primary retreat serves as a private sanctuary with soaring 15-foot vaulted ceilings, a private water-view balcony, dual closets, and a spa-like bath featuring a premier Schluter shower system and soaking tub. The ground level includes a private in law suite and garage. Situated in the most desirable building of the pet-friendly Village of Paradise Island, buyers gain access to resort-style amenities—including two waterfront pools, fishing docks, and a 26-slip community marina—all within walking distance of Treasure Island’s beaches, dining, and the adjacent Treasure Bay golf and tennis facilities.

553 Haven Point Drive, Treasure Island