172 107th Ave., Treasure Island, FL 33706 - U8133854 - iPro Real Estate
iPro Real Estate

iPro Real Estate

Listing ID : U8133854

  • Structure / Lot Size

    8,432 Sqft / 0.23 Acre
  • Year

    1958

Description

Location, Location!! In the heart of downtown Treasure Island just a block from the Beach and Beach access. This is a Five unit mix use commercial building. Unique & Unusual in everyway. There are two ground floor commercial units fronting 107th Ave. near Gulf Blvd. across from the Clock Tower.. The two units are under lease. One commercial unit is 1,500 sg. ft. and the other the other is 3,000 sq. ft. commercial unit (Paradise Spa). The second story consists of 3 residential units: 2 - 1 bedroom / 1 bath units and 1 - 2bedroom/ 1.5 bath unit w/laundry. This unit has a very large game room/hobby room at the rear of it. All units are under one year leases. The residential units have been extensively upgraded (Kitchens, baths, paint, etc.) All three residential units share a private common exterior area. It is a 20' x 32' second story sun deck in the rear of the building. All utilities are paid by the individual tenant for their respective units except Water, sewer, and garbage ..... This property is commanding more than $12 per sq. ft.. The owner pays the water & sewer with the tenants being responsible for everything else. Top grade roof membrane installed only 10 years ago and comes with a 20 year warranty. All units are central H/AC units (one is only a year old) Sale includes the deeded parking lot with 11 spaces in front and two in the rear. This is an extremely convenient location in walking distance to Publix, multiple restaurants/bars, Banks, Hotels and Motels and of course the Gulf of Mexico. This is a Minimal maintenance Turn Key Property. OWNER will consider POSSIBLE OWNER FINANCING or other properties as Partial Trade for a portion of the purchase price.

Details

Type:
Subdivision: Treasure Island City Of 
MLS Area: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl 
County: Pinellas 
Community Features: Beach Area, Sidewalk 
Tax ID: 23-31-15-91818-013-0230
Annual Taxes: $14,608
Building Size: 8,232 SqFt 
Net Operating Income: $101,620 
Days on Market: 408 
Cooling: Central Air 
Foundation: Slab 
Number of Buildings: 1 
Property Type: Commercial Sale Sale 
Sub Type: Multi-Family 

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Interactive

27.770199 -82.767708 $2,500,000 U8133854
172 107th Ave., Treasure Island, FL 33706
Directions to here from:

Area Information 33706

Population:

16,749 Up .06% since 2010
Average Income:
$115,831
Average Age:
59Years
Gender:
50.37%Male
49.63%Female
Households:
9,3759.07% with children
Average Value:
$898,825
Occupancy:
60.06%Owned
39.94%Rented
32.38%Vacant
Education:
18.57%High School
10.85%Associate
29.16%Bachelor
20.45%Graduate
Average Residency:
19Years
Crime Rate:
Above Average
Annual Rainfall:
50.77Inches
Earthquake Risk:
Very Low
Hurricane Risk:
Very High
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Very High

Tax Assessments

Value

  • Land $283,685
  • Improvements $426,315

  • Total $710,000

Property Tax

  • 2017 $12,671

History

Date Transaction Price Mortgage Amt & Lender
Date
Aug 17, 2022
Transaction
Active - Commercial SaleU8133854
Price
$2,990,000
Mortgage Amt & Lender
- -
Date
Aug 24, 2020
Transaction
Leased - Residential LeaseU8093501
Price
$1,250
Mortgage Amt & Lender
- -
Date
Jul 24, 2020
Transaction
Canceled - Residential IncomeU8056378
Price
$1,150,000
Mortgage Amt & Lender
- -
Date
Jul 24, 2020
Transaction
Sold - Commercial SaleU8056104
Price
$1,150,000
Mortgage Amt & Lender
- -
Date
Dec 24, 2018
Transaction
Expired - Commercial SaleU7853307
Price
$1,475,000
Mortgage Amt & Lender
- -
Date
Jan 31, 2011
Transaction
Expired - Commercial SaleU7489069
Price
$895,000
Mortgage Amt & Lender
- -
Date
Aug 30, 2010
Transaction
Expired - Commercial SaleU7429052
Price
$1,095,000
Mortgage Amt & Lender
- -
Date
May 30, 2009
Transaction
Expired - Commercial LeaseU7387442
Price
$1,200
Mortgage Amt & Lender
- -

Listed by Dick Gilbert with INTERNATIONAL PROPERTY SPECIAL