119 125TH AVE, TREASURE ISLAND, FL, 33706
$549,000
Residential Income
Bathrooms
3
Living Area
1,264 Sqft
Lot Size
3,816 Sqft
Live the beach lifestyle while enjoying rental income from two additional units! Tucked away on quiet Lagoon Lane in Treasure Island, this fully renovated property offers a fantastic opportunity to own three separate living spaces just steps from everything that makes this coastal community so special. The property features a duplex in the front and a separate studio in the back, offering flexibility for an owner-occupant or investor. Live in one unit while collecting rental income from the other two, or take advantage of the income potential of all three. Both units in the front duplex feature loft spaces, providing ample additional storage. Recent improvements include a metal roof and newly installed mini-split AC systems in the front duplex, plus tankless water heaters in all three units, adding comfort, efficiency, and long-term value. Just one block from Gulf Boulevard, you are approximately a five-minute walk from having your toes in the sand! Take a quick stroll across the John's Pass Bridge for dolphin watching, waterfront dining, shopping, and entertainment, then return home to the peaceful setting of Lagoon Lane. Two units are currently occupied by wonderful tenants, providing an opportunity for immediate rental income. Please respect their privacy and do not disturb occupants.
Property Details
Property Features Property Features
MLS ID: MFRTB8558352 Year Built: 1946
Construction Materials: Block Cooling: Mini-Split Unit(s)
Country: US County Or Parish: Pinellas
Exterior Features: Private Entrance, Private Mailbox Flooring: Luxury Vinyl
Foundation Details: Block, Crawlspace Heating: Ductless
Laundry Features: Laundry Closet Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional, FHA, VA Loan Occupant Type: Tenant
Other Equipment: Private Entrance Property Sub Type: Triplex
Property Type: Residential Income Road Surface Type: Asphalt
Roof: Membrane, Metal Sewer: Public Sewer
Showing Requirements: Call Listing Agent, Lock Box Electronic, ShowingTime Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: BB/HS Internet Available, Electricity Connected, Water Connected Water Source: Public
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