Herrons Sub 6 Homes for Sale in Treasure Island - 4 homes

Remarks: 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.

Listing is courtesy of: COLDWELL BANKER REALTY (727-360-6927)

Listing Agent: Estelia Mesimer (727-686-2859)

Remarks: 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!

Listing is courtesy of: FOREVER FLORIDA REAL ESTATE (727-440-6444)

Listing Agent: Kailey Blackbourn (561-504-4850)

Remarks: 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.

Listing is courtesy of: COMPASS FLORIDA LLC (727-339-7902)

Listing Agent: David Petrucelli (813-629-1358)

Remarks: 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!

Listing is courtesy of: FOREVER FLORIDA REAL ESTATE (727-440-6444)

Listing Agent: Kailey Blackbourn (561-504-4850)