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240 115TH AVENUE

Multi-family Recently Sold
$1,350,000

BTC: 15.22165606

ETH: 436.67698518

Sold on: 2024-01-03
16 days
Waterfront
0 room(s)
3,264 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.)

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1963
Lot:
0.11 Acres
Heating:
Central / Electric
Price/sqft:
$444
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Kitchen/Family Room Combo

    • Living Room/Dining Room Combo

    • Open Floorplan

  • Property

    • Levels: Two

    • Exterior Features: Lighting / Sidewalk

    Lot

    • Lot: 0.11 Acres

    Other Property Information

    • Parcel Number: 233115434700060280

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Electricity Connected

    • Public

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $15,824

  • Source details

    • MLS ID: T3465707

    Other facts

    • Construction Materials: Block / Concrete / Stucco

    • Foundation Details: Slab

    • Laundry Features: Other

    • Lot Features: FloodZone

    • Patio And Porch Features: Rear Porch / Screened

    • Waterfront: Yes

    • Water Body Name: Boca Ciega Bay

    • Living Area: 3264

    • Water Source: Public

    • Subdivision Name: ISLE OF PALMS

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CHARLES RUTENBERG REALTY INC