Treasure Island Real Estate | Treasure Island Multi-Family Homes for Sale

Great investment opportunity! Own a 2200 sq ft duplex ONE BLOCK TO THE BEACH. Both 2bed/1 bath units are recently updated and ready to move in. New kitchens with granite counter tops, wood cabinetry, stainless steel appliances, luxury vinyl and tile floor. There are 4 parking spots up front and a common laundry with storage room. Duplex is also walking distance to coffee shop, several restaurants, hotels, and convenience store. Easy trolley ride to the supermarket, John’s pass and downtown Treasure Island. Other nearby amenities include tennis, Pickleball, dog park, municipal marina, executive golf course, boat ramp, play ground, and more. 20 min to downtown St Pete and 30 min to Tampa International airport. Tons of potential for higher profits as a furnished rental. You or your guests will enjoy unforgettable sunsets, powder sand and crystal waters. Tennant occupied until March 2024. Shown by appointment only.

11295 1st Street E, Treasure Island

$2,200,000

52 Beds ⋅ U8223113 MLS

St Pete Beach - 10 Unit Apartment Building on the West side of Blind Pass Road. Corner lot two story building has 6 one bedroom units and 4 two bedroom units. One BR apartments approximately 625 sf and two BR apartments approximately 725 sf. All units have central air. Laundry room on ground floor with two coin operated washers and 2 coin operated dryers. 10 assigned parking spaces, and four guest parking spaces. New vinyl fence across back of property and new vinyl dumpster enclosure. Current rents under market with 9 tenants on month to month leases and one owner unit. Water/ garbage/ sewer currently paid by owner. Electric separately metered and paid by each tenant. Close proximity to beach, restaurants, shopping, very desirable location.

8850 Blind Pass Road, Treasure Island

$750,000

U8222898 MLS

Welcome to your dream coastal retreat! Nestled just steps away from the picturesque shores of Sunset Beach, this charming duplex offers the perfect blend of tranquility and vibrant beachside living. With two separate 1 bed, 1 bath units that are fully renovated with stainless steel appliances, granite countertops and beautiful terrazzo flooring, this property presents an ideal opportunity for both comfortable living and potential rental income. As the sun sets over the horizon, casting a warm glow across the sandy shores, you'll find yourself immersed in the beauty of coastal living. Imagine waking up to the soothing sounds of the waves and the gentle sea breeze, making every day a beach day. The duplex is thoughtfully designed, providing a cozy and intimate atmosphere for each unit. The interiors boast a coastal-inspired aesthetic, with light-filled spaces that seamlessly connect to the outdoor beauty that surrounds. Picture yourself enjoying a cup of coffee on the private patio or balcony, taking in the breathtaking views of the Gulf of Mexico. For those seeking entertainment and lively social scenes, Ka' Tiki and Caddy's are just a stone's throw away. Whether you're in the mood for beachside cocktails, live music, or delicious seafood, the vibrant atmosphere of these local hotspots adds a dynamic flair to your coastal lifestyle. With the beach as your backyard, every day offers the opportunity for sun-soaked relaxation, beachcombing adventures, and water sports. Whether you're a water enthusiast or someone who simply appreciates the serenity of the shoreline, this duplex provides the perfect gateway to the coastal lifestyle you've always dreamed of. Don't miss your chance to own a slice of paradise on Sunset Beach. This duplex is more than a property; it's an invitation to embrace the beauty of the Gulf Coast and create lasting memories in a home where every day feels like a vacation. Come experience the magic of beach living at its finest!

135 90th Avenue, Treasure Island

$919,900

U8222530 MLS

Welcome to Paradise Palms - your charming St. Pete Beach oasis, which is less than a 5 minute walk to one of Trip Advisor's "America's Top-Ranked Beaches! You will feel the sophistication and comfortability of this fully renovated triplex as soon as you enter the door to the open kitchen and living room combination in the two larger units. This property offers three individual apartments with their own private entrances with separate covered & screened patios, with the additional option of adjoining one of the one bedroom units with the studio through double locked door access. All units have been thoughtfully laid out, with plentiful natural light and more storage than anyone would need in a main home, or a vacation home! Updates include but are not limited to: Insurance discount for newer roof with hurricane clips, hurricane impact doors and windows, new kitchen cabinets, new countertops, new appliances, new bathroom vanities, new furniture, new interior doors, new baseboards & casing throughout, freshly painted interior and new flooring. Suite #1: First floor, 1 Private Bedroom w/ Queen bed/1 Bathroom, Full Kitchen, screened in patio at entry. Suite #2: First Floor, 1 Bedroom/1 Bathroom (Queen bed. Full Kitchen, screened in patio at entry. Suite #3: First floor, Studio with full bath and kitchenette. This property also includes a private backyard, completed with a grill, two sheds, seating area and banana trees! Paradise Palms has 5 parking spaces in front. Short walking Distance to several Restaurants & Bars, Shops, Upham Beach, Corey Ave Farmers Market, etc. Property comes fully furnished & equipped. City of St. Pete Beach only allows 30 night minimum rental. It will be the responsibility of any prospective buyer to check with the city regarding current rental regulations.

6595 Gulf Winds Drive, Treasure Island

$5,400,000

U8221124 MLS

Ranked as part of the #1 hotel in Treasure Island on Trip Advisor and just steps from Sunset Beach, these 5 ‘Old Florida’ style cottages welcome guests with fresh, bright colored exteriors and interiors with mid century flare. Together with the vacant lot, these 5 buildings offer a unique vacation rental opportunity. Currently zoned for daily rentals. There is 1 duplex and 4 cottages all with unique names and colors. All units are turn-key and offer full kitchens with living/dining areas, flatscreen TVs, and a dedicated off street parking spot. Cabana 1 & 2 (duplex) offers two one-bedroom, one bath units. Across the courtyard, you will find the other cottages, two one-bedroom one-bath cottages (The Blue Lagoon & The Coral Lee), one two-bedroom one-bath (The Captain) and one two-bedroom two-bath cottage (The Gulfview). The Captain & The Coral Lee cottages were barged over from MacDill Air Force Base and were former officer’s quarters prior to finding their home on Sunset Beach after WW2. Almost all units feature new water heaters, new kitchen cabinets, new bathroom vanities and new kitchen appliances. Guests love the few steps to the beach located directly across the street, unobstructed Gulf breezes, stunning sunsets and the Sunset Beach vibe! The newly re-nourished beach will beckon guests to sit back, relax and stay a while. Delicious food and tiki bars are within walking distance. Guests will love the few steps to the sand and multitude of entertainment options close by like dolphin tours, pirate ship tour, and sunset sailing. Guests will also love the close proximity to John's Pass Village & Boardwalk, Pinellas County's #1 tourist attraction- it's only an 8 minute drive or short trolley ride away. Guests will rave over the 100+ merchants with unique retail shops, restaurants, shelling and fishing tours, boat and jet ski rentals, and parasailing. The Sunset Inn, located next door, is willing to act as the rental management company for the new buyer if needed. Also includes a vacant lot for a total of 6 parcels, 5 individual buildings (6 rental units).

7901 W Gulf Boulevard, Treasure Island

$329,000

T3487078 MLS

Beachfront Investment Opportunity with Rare 1-Day Rental Potential! This spacious studio condo is the perfect investment opportunity for those seeking a rarely available beachfront location, and an inclusive condo fee. The unit has future potential for an 8%+ cap rate with the option of 1-day stays. As one of the only beachfront co-op condos allowing no rental restrictions and no full-time owner-occupant restrictions, this exceptional studio presents a unique addition to your real estate investment portfolio. The condo fee covers everything, which includes cable television, internet, electricity, water, sewer, trash, insurance, exterior maintenance, grounds maintenance, pest control, community pool maintenance, parking, and escrow reserves fund. This makes it easy to keep traditionally variable costs predictable. The building was completely overhauled and renovated in 2020 with over $800K+ in updates. It dazzles tenants with the Floridian lifestyle of carefree beach days, a sparkling swimming pool, and comfortable surroundings engulfed in tropical greenery. As a desirable bonus, a highly competent and reliable rental company is already in place for a truly turnkey opportunity. Whether you desire to rent the unit full-time or you’re a snowbird looking for a versatile part-time residence, this property delivers an array of convenient options. Get all the advantages and relish in owning a piece of Treasure Island! Call now to schedule your private tour!

11730 Gulf Boulevard Unit 31, Treasure Island

$1,575,000

U8219499 MLS

Back on market due to buyers financing falling through! Welcome to Treasure Island... One of the best Vacation towns on the barrier island. This Triplex is a One Family Owned since built and has Never Flooded! Short term rentals are allowed!!! Apt 1 is upstairs, 2 bedroom/2 bathroom with 2 sleeper sofa's, SLEEPS 10, 1409 sq ft, 2 living spaces, updated Kitchen and Bathrooms with a balcony. Apt 2 is downstairs, 1 bedroom/1 bathroom, 1 sleeper sofa, SLEEPS 4 and updated Kitchen & Bathroom. Apt 3 is downstairs, 1 bedroom/1 bathroom, 1 sleeper sofa, SLEEPS 3 and updated Kitchen & Bathroom. These units come completely TURNKEY, Newer furniture, kitchen items, bathroom items and even includes, snacks, cleaning supplies, toiletries, beach chairs, etc- ! ALL sofa's are Sleeper Sofa's. Separate LAUNDRY room with NEW Washer & Dryer and tons of storage. NEW roof 2022, NEW mini splits, NEW tankless water heater, NEW appliances, NEW hurricane rated shed, NEW exterior paint, NEW exterior front doors, NEW fence & landscaping. Owned Propane tank for gas ranges & hot water heater. Separate electric meters for each unit and all updated. Each unit has an owners closet + 3 more in laundry room. 3 OUTDOOR living spaces. A grill. 2 Canopies on property. Outdoor shower. Shuffle Board court with all supplies. Irrigation on well. 2 outdoor storage rooms + the new shed. Pest Control for building & yard paid for thru Oct 2024. TWO public BEACH access right across Gulf Blvd. Walking distance to Treasure Island & Boardwalk, restaurants, Johns Pass Boardwalk, shopping, public boat launch, really everything- no need for a car! 5 STAR rating on all reviews, don't miss out!!! Owner financing available.

120 118th Avenue, Treasure Island

$1,040,000

U8219358 MLS

Sunset Beach Multi Family Opportunity.Two bedroom two bathroom Sunset Beach Coastal Cottage PLUS Two ground floor rental apartments located just steps to Sunset Beach and the Gulf of Mexico. Owners renovated the cottage while embracing the original beach cottage vibe. Completely renovated & Re-Styled kitchen has vaulted ceilings, sky light, artisan glass tile backsplash, sealed wood Island countertop, Kraft maid Maple custom cabinetry, stainless steel appliances, bar/service station, built-in window bench seating & discreet washer & dryer. The living room invites the outdoors in with double door entry to the screened porch & balcony. Master bedroom has a private balcony. The main home is offered furnished. Two ground level apartments each have separate entrances. Features include wood ceilings, crown molding, coastal style & colors with cottage accents. Updated electrical, heating, water treatment system & more. Covered parking for 3 cars plus additional driveway parking. If you have been dreaming about a beach cottage by the sea, here is an opportunity to subsidize your beach life through the rental income of your tenants. Long term tenants would be happy to stay and continue to help pay your mortgage. Located on the lively North end of Sunset Beach just a short walk to local entertainment & fun. What are you waiting for? Turn your dream into a reality here on Sunset Beach.

133 89th Avenue, Treasure Island

$1,045,000

U8217170 MLS

Two Cottages on an Oversized Sunset Beach Lot. Enjoy now, Build later. Rarely are lots of this size available on Sunset Beach. This Oversized Lot size offers multiple outdoor living spaces, maximum privacy, multiple driveways for off street parking & future potential for development. Lot is 120 feet wide & currently accommodates Two Cottages plus a legally permitted 16 x 11 hurricane rated Shed. 140 92nd is a One Bedroom One Bathroom Turnkey Furnished & Decorated 816 sq. ft. Cottage with an Open floor plan, Updated kitchen, bathroom & flooring, laundry & private backyard deck. 142 92nd is a Two Bedroom One Bathroom 703 sq. ft. Cottage with an Open floor plan, renovated kitchen, bathroom & flooring, laundry room, Spacious tree covered front deck & Side covered deck. Both units have been renovated & well maintained throughout home ownership. Complete list of upgrades & Floor Plans are available in attachments. Property is ideally located in the vibrant North End of Sunset Beach within walking distance to Caddy’s, Katiki, Sea Dogs & The Hippie Shack. Nearby amenities include the Sunset Beach Trailhead Park, Sunset Beach Pavilion, Playground, Rock Jetty, Boat Ramp, Boardwalk & Downtown Treasure Island & Downtown St. Petersburg. Come live where most people vacation. New Home architectural plans are available upon request.

140 92nd Avenue, Treasure Island

$1,400,000

4 Beds ⋅ T3477625 MLS

Welcome to this exceptional home, perfectly situated just one block from the stunning beaches of Treasure Island, Florida. This three-level residence offers a unique opportunity with its two separate living spaces and an elevator for added convenience. Step inside and be greeted by the open floor plan, designed for modern living and entertaining. The first level boasts an over-sized garage and laundry room. Levels 2 and 3 offer spacious living areas, flowing seamlessly into the well-appointed kitchen and dining space. With balconies in both the front and back of each level, you can enjoy panoramic views and refreshing ocean breezes from every angle. The separation of the 2 units allows you to have privacy with tenants or for personal use. Nestled in a prime location, this home allows for easy access to the pristine beaches of the west coast of Florida. Take leisurely walks along the shore or bask in the sun on sandy beaches just moments away from your doorstep. Additionally, you'll find yourself within walking distance of shopping centers, renowned restaurants, and vibrant entertainment options. Whether you're seeking a tranquil retreat or an active beach lifestyle, this Treasure Island home offers it all. Don't miss out on this incredible opportunity - schedule a showing today and discover why this coastal gem is highly desired by those looking to experience the best of Florida living.

119 120th Avenue, Treasure Island

$4,800,000

T3475231 MLS

BEACHFRONT AIRBNB/HOTEL RIGHT IN BEAUTIFUL TREASURE ISLAND!!! This is a perfect investment property to hold for years to come. With beach access and views, right in the heart of Treasure Island, and close to many shops, bars and restaurants. This incredible beachfront property is a tropical oasis with great AIRBNB cash flow, boasts 7 fully occupied rooms, delivering an impressive 7% cap rate.

10200 Gulf Boulevard, Treasure Island

$539,000

U8214156 MLS

Location is everything! This triplex is nestled in the heart of Treasure Island, Florida and is just steps away from the beach. Imagine your investment becoming a sought-after retreat for beach enthusiasts drawing a steady stream of income. Restaurants, entertainment, and the vibrant beach culture are at your doorstep, promising not just rental income but an investment that aligns with the dynamic energy of this coastal paradise. The triplex property comprises a main house with two units featuring lofts with skylights and carpeting as well as one detached unit in the rear. Recent enhancements include: A new metal roof installed on the main house in 2022 with an "Attic Breeze" exhaust system. All three units have tankless water heaters, new breaker boxes, newer AC systems, new water supply lines and a TPO roof membrane on the detached structure. This property is a golden opportunity for savvy investors seeking a slice of paradise in Treasure Island. Don't miss out on this income-generating opportunity. Call today to schedule a viewing and unlock the full potential of this investment property.

119 125th Avenue, Treasure Island

$2,499,000

6 Beds ⋅ U8210043 MLS

Experience COASTAL ELEGANCE at its finest with this STUNNINGLY REMODELED and FULLY-FURNISHED multi-family property nestled on St. Pete Beach. A true gem, this residence consisits of (2) 2 bedroom one bath units and (2) one bedroom one bath units. Each unit has an in-unit washer/Dryer laundry and all boast custom kitchens adorned with captivating blue shaker cabinetry, sleek quartz countertops, and top-of-the-line stainless steel appliances. Every bathroom exudes luxury, featuring meticulously crafted custom tile, seamless glass enclosures in the showers, and high-end fixtures that elevate the ambiance. Set on a generous CORNER LOT, this property offers unparalleled views as it stands just steps away from the soft, sugary sands of the beach. The recent remodel includes new hurricane impact windows, ensuring the safety and security of the building. Additionally, the new HVAC system provides efficient climate control for each unit. Outside, the property boasts lush landscaping, creating a visually appealing and inviting environment. The backyard is particularly impressive, with easy-to-maintain turf that is perfect for hosting gatherings and enjoying quality time with loved ones. Located just steps away from St. Pete Beach, residents will have convenient access to the beautiful sandy shores and vibrant beachfront community. Whether it's a relaxing day at the beach or exploring the local shops and restaurants, this location offers endless possibilities for entertainment and recreation. Overall, this turnkey multifamily property presents an excellent opportunity for investors or those looking to live in one unit while renting out the others. With its attractive features and prime location, this property is a must-see. DON’T DELAY….SCHEDULE YOUR SHOWING TODAY!

650 70th Avenue, Treasure Island

$1,450,000

T3465707 MLS

Discount on Cash Offer. Not often does an opportunity come along like this one in the highly desirable Inter-coastal waterfront of Treasure Island...Minutes to the Gulf Beaches, Access by water to the inter-coastal with no bridges via John's Pass. Multi-family (4) plex investment property on the water with (4) deep water dockage including water/power. Ability to convert to Condominium, Single Home or Income Producing (Buyer to verify) (2) 2/1, (2) 1/1, 2 parking spaces per unit. Each unit has been extensively remodeled. 2 entrances, individual covered porch/lanai, washer/dryer on premises, 5 total meters (4 individuals to units and 1 common area). Just minutes from the beaches and on the inter-coastal waterways. The Seawall is in great shape. Building has been very well maintained. Current tenants are clean and respectful. The Building was tented in 2021. If you are interested as a first time investor, seasoned investor, or (1031) exchange, this might be the opportunity for you. Owner moving out of the area. Currently Homeowners: $12,059, Flood $7,663. (Possible Insurance transfer). Current rates for Units can be raised substantially. Sovereignty Submerged Land Lease has been paid for 2024 ($1300 approx.)

240 115th Avenue, Treasure Island

$3,995,000

4 Beds ⋅ U8203677 MLS

NEW PRICE!!! Welcome to the Cabanas of Treasure Island. This boutique resort has 12 tastefully decorated suites, 4 one bedroom with kitchenettes and 8 studio units. The property has been recently remodeled and redecorated and launched in March 2023 with a new name, a new management team, and a whole new vibe. Feedback and revenues have been amazing. It is located directly across the street from the beach and just blocks away from the entertainment, dining, and shopping at John's Pass Village. Treasure Island boasts many restaurants, some with live music and plenty of shopping options. The beach features a boardwalk that runs behind the hotels and restaurants. There is even a public fishing dock just one block away. This property is a true gem. Make sure you view the virtual tour.

12035 Gulf Boulevard, Treasure Island

$2,275,000

4 Beds ⋅ U8202242 MLS

Located two blocks from the one of the most desirable beaches in the country, this Pass-a-grille triplex has so much to offer. It has been meticulously maintained, and has not been for sale in over 50 years.... The two structures consist of: A Villa, which is 962 sf and has 2 bedrooms, 1 bath, with an attached screened porch. The duplex is 2 stacked units that are 624 sf each with 1 bedroom and 1 bath. Unit 1 also has a deck for beautiful sunrise of the intracoastal and sunset over the Gulf of Mexico and is perfect for entertaining. The property was renovated in 2020 which included a Patio/deck, Roof, new flooring, plumbing, and A/C. Whether you are looking for an investment property or plan to occupy the villa and rent out the duplex, you will find yourself with so many possibilities.

103 20th Avenue, Treasure Island

$710,000

2 Beds ⋅ U8199620 MLS

Looking for income property. Here is a great little three unit property in the Heart of St Pete Beach, a very short walk to the Sugar Sand Beach with its Beach Bars and Restaurants for fun and employment for your tenants. Free transportation around St Pete Beach With the City's FreeBee system and the currently free Sunrunner to Down Town St Pete. Currently all units are occupied. PER CITY OF SPB: City does allow transient occupancy of less than 30days up to 3 times per 12 month period in RM zoning; rentals of one month or more are allowed. Good upside potential still. New roof in 2021 and many recent improvements. Fenced back yard for 1 unit. Call today for your viewing. Life is short, Live at the Beach!!!

6805 Gulf Winds Drive, Treasure Island

$3,400,000

U8198831 MLS

Welcome to "The Beachhouse" a charming and unique 9-room boutique hotel (equipped for 10 units if you use the current office space) The hotel is merely a 100 yards away from the sugary beaches of the sand and surf of Treasure Island. This delightful hotel offers a cozy and welcoming atmosphere, perfect for those seeking a laid-back coastal vacation experience. Each room is thoughtfully designed to maximize comfort and functionality, featuring a kitchenette, a bathroom, a comfortable bed, along with a futon to accommodate an additional guest. These beachside retreat rooms offer everything you need for a comfortable and enjoyable stay. In addition, there is a newly paved front courtyard with tables and chairs allowing one to enjoy a morning coffee or feel free to unwind with a refreshing adult beverage after a day at the beach. The hotel offers ample parking for each guest. This turnkey hotel is a rare find, providing a great opportunity for investors looking for a property that is ready to use as an Airbnb. Makes a great 1031 Exchange too! The coastal and cozy atmosphere of the hotel makes it a popular choice for vacationers looking for a unique and memorable experience. Upgrades include a newer metal roof, newer exterior and interior paint, newer furniture, newer windows, newer Air Condtioning units and newer electrical panels. There will also be an attached feature sheet to include additional items. Do not miss out on this amazing opportunity to own a charming and unique beach-side hotel in one of the most sought after locations in Treasure Island. All financials will be sent upon request.

12100 Gulf Boulevard, Treasure Island

$915,000

3 Beds ⋅ U8194756 MLS

Escape from the ordinary and unwind next to the Gulf of Mexico in the eclectic & desirable neighborhood of Sunset Beach. Enjoy sunshine, gulf breezes & a relaxed pace of life just steps from the Gulf and the Bay on arguably the Best Street on Sunset Beach. A perfect getaway, this Sunset Beach seaside home is hidden away in the tropical landscaping. This home can be used as a single family residence or used as a duplex. On the main level you can soak up the sun on two oversized balconies ideal for lounging, grilling, happy hours & star gazing. Living on the 2 bedroom main floor level while renting out the ground level guest quarters is a great way to offset the cost of your beach lifestyle while also generating income from the property. Guest quarters has a separate entrance And is joined by an interior staircase if you would like to enjoy the entire home for yourselves. Home sits on a 40 x 100 lot with a yard & plenty of parking for you and your guests, a rare find. If you are looking for a Fun & friendly new place to call home full time or during the winter months come for a visit. You will be glad you found Sunset Beach. Sunset Beach residents all have a story of how they “found” Sunset Beach. Here is where your story begins! Please view photos, video, floor plans prior to scheduling a showing. Please do not disturb the tenants while they are soaking up the Florida Sun. Property is to be sold Turnkey along with rental reservations for portions of 2023 and 2024.

50 83rd Avenue, Treasure Island

$750,000

U8154811 MLS

**DON'T LET INTEREST RATES GET YOU DOWN!! - OWNER FINANCING AVAILABLE FIXED 5.5%**- WOW, Location, Location, Location! This lot is the perfect canvas to build. Parcel can be divided! This lot is 100 x 53.75. Being sold as a "Tear Down" - value is in the land. Just blocks from the sugary sands and waters of the Gulf of Mexico and a one block walk to the shops and restaurants of Corey Ave. Convenient to shopping and dining, local events such as Corey Sunday Market and Seafood Festival, or the wonderful St Pete Beach Recreation and Family Aquatic Center. There is also a great public spot for fishing or launching kayaks and paddle boards just a few blocks away. There is so much to do near this amazing location. Enjoy world class beaches, boating, and fishing as well as sandcastle and kite festivals to name a few. St Pete Beach and the surrounding area are tops on every list for sun, sand, fun and an amazing lifestyle.**Adjoining Lot 13 (interior lot) available for $350,000, or purchase both lots (13 & 14) for $1,100,000.*** Don't miss this AMAZING opportunity!

400 73rd Avenue, Treasure Island

Treasure Island Multi-Family Properties for Sale

Newest Treasure Island Multi-Family Homes for Sale