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An exceptional income investment opportunity in beautiful Treasure Island Beach, Florida. A fully licensed vacation rental building consisting of 4 newer units built in 2014 located on the pristine waters of Boca Ciega Bay and approximately 2 blocks from the renowned beaches of Treasure Island. Each unit has approximately 1950 square feet of gross living area, 4 bedrooms and 2.5 baths, a front porch and back porch. Exterior features include on-site underground drainage, two retention areas, with one on each side of the building, heated pool with paved sitting areas, vinyl fencing along the north and south side of the property, and vinyl fencing to the pool area. Including the under-building parking, the front entrance provides additional parking, including an ADA compliant space. The pool, outside grills, stoves, tankless water heaters, and dryers in each unit are gas, while all other appliances are electric. The property is improved with double docks and tie off cleats along the newer seawall. A boat dock with four boat slips, tie poles, water and electric are in place and front along Boca Ciega Bay. The elevated structure is a quality build and the units did not sustain damage from the storms. An added bonus, the property has very reasonable Insurance Premiums.

16 Beds ⋅ 12 Baths ⋅ TB8482120 MLS ⋅ The Treasure Trove BLDG.

An exceptional income investment opportunity in beautiful Treasure Island Beach, Florida. A fully licensed vacation rental building consisting of 4 newer units built in 2014 located on the pristine waters of Boca Ciega Bay and approximately 2 blocks from the renowned beaches of Treasure Island. Each unit has approximately 1950 square feet of gross living area, 4 bedrooms and 2.5 baths, a front porch and back porch. Exterior features include on-site underground drainage, two retention areas, with one on each side of the building, heated pool with paved sitting areas, vinyl fencing along the north and south side of the property, and vinyl fencing to the pool area. Including the under-building parking, the front entrance provides additional parking, including an ADA compliant space. The pool, outside grills, stoves, tankless water heaters, and dryers in each unit are gas, while all other appliances are electric. The property is improved with double docks and tie off cleats along the newer seawall. A boat dock with four boat slips, tie poles, water and electric are in place and front along Boca Ciega Bay. The elevated structure is a quality build and the units did not sustain damage from the storms. An added bonus, the property has very reasonable Insurance Premiums.

255 104th Avenue, Treasure Island

This exceptional waterfront lot in the heart of Treasure Island offers a rare blend of lifestyle, location, and investment potential. Zoned for multifamily residential use with the ability to build up to five units with current zoning, it’s the perfect canvas for a luxury townhome project, boutique rental property, or high-end vacation retreat. Situated on a peaceful canal with direct boating access and no fixed bridges to the Gulf, this lot provides stunning water views and a true boater’s paradise. Not to mention it is just a short walk from some of Florida’s finest sugar-sand beaches—ranked among the best in the United States—you’ll also find an array of popular restaurants, beach bars, and shops just steps from your future doorstep. Whether for full-time residents or vacationers, this area offers a walkable, coastal lifestyle that’s hard to match. Convenience is another major draw. The property is just 30 minutes from Tampa International Airport and only 15 minutes from downtown St. Petersburg, where you’ll find professional sports, vibrant nightlife, art galleries, and a dynamic culinary scene. With its unmatched location, flexible zoning, and strong demand for coastal living, this Treasure Island lot presents an outstanding opportunity for developers or visionary buyers to create something truly special. Opportunities like this don’t come around often—schedule a visit today and start planning your next great project on Florida’s Gulf Coast.

This exceptional waterfront lot in the heart of Treasure Island offers a rare blend of lifestyle, location, and investment potential. Zoned for multifamily residential use with the ability to build up to five units with current zoning, it’s the perfect canvas for a luxury townhome project, boutique rental property, or high-end vacation retreat. Situated on a peaceful canal with direct boating access and no fixed bridges to the Gulf, this lot provides stunning water views and a true boater’s paradise. Not to mention it is just a short walk from some of Florida’s finest sugar-sand beaches—ranked among the best in the United States—you’ll also find an array of popular restaurants, beach bars, and shops just steps from your future doorstep. Whether for full-time residents or vacationers, this area offers a walkable, coastal lifestyle that’s hard to match. Convenience is another major draw. The property is just 30 minutes from Tampa International Airport and only 15 minutes from downtown St. Petersburg, where you’ll find professional sports, vibrant nightlife, art galleries, and a dynamic culinary scene. With its unmatched location, flexible zoning, and strong demand for coastal living, this Treasure Island lot presents an outstanding opportunity for developers or visionary buyers to create something truly special. Opportunities like this don’t come around often—schedule a visit today and start planning your next great project on Florida’s Gulf Coast.

141 104th Avenue, Treasure Island

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.

5 Beds ⋅ 4 Baths ⋅ TB8405522 MLS ⋅ N/A BLDG.

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