11705 3rd Street E Unit 9, Treasure Island, FL 33706

Property Description

Waterfront, 10 beds room & 8 Baths This is an 8-unit waterfront apartment building on Capri Island in the best district of Treasure Island. It consists of six one-bedroom, one-bath units and two two-bedroom, one-bath units, plus five boat slips. The building Block concrete solid is about 6,000 + heated square feet and 7,000+ total square feet with a brand-new roof and all up-to-code updates. It’s just a 10-minute walk to a beautiful Gulf beach and a 2-5-minute boat ride to John’s Pass, after which you’re right in the middle of the Gulf of America. John’s Pass is a top tourist attraction, making this a prime location. The property generates about $16,000 a month and has excellent future potential. The buyer will need to honor the contract agreements for the leases with the management company.