Short Sale. RARE TREASURE ISLAND COMMERCIAL INVESTMENT OPPORTUNITY! Over 10,000 square feet of commercial space offering established rental income, flexible C-2 zoning, and tremendous value-add potential! This versatile two-story property is ideal for investors, business owners, or those looking to expand their commercial portfolio. The second floor features 8 fully… Read More leased professional office suites generating approximately $6,159 per month ($73,908 annually) in existing rental income. The approximately 5,000-square-foot ground floor offers significant opportunity for additional revenue, including 900 square feet of finished, currently vacant space ready for a new tenant. The remaining approximately 4,100 square feet features existing metal stud framing and can be customized for a variety of potential uses, including medical, dental, veterinary, professional offices, or other commercial operations. C-2 zoning provides flexibility for office, retail, restaurant, and other commercial uses, subject to applicable approvals. MAJOR RECENT IMPROVEMENTS include a NEW ROOF installed January 2025 with transferable warranty, NEW hurricane-resistant windows and doors, NEW water and sewer lines replacing previous cast-iron piping, electrical upgrades, and durable DensGlass exterior sheathing. Additional highlights include 29 parking spaces, convenient front and rear alley access, and an approximately 99’ x 134’ lot. Whether you’re looking to maintain the existing rental income, increase cash flow by leasing additional space, establish your own business while collecting rent, or explore future redevelopment possibilities, this property offers multiple investment strategies in desirable Treasure Island! Seller will also consider leasing the unfinished ground-floor space with negotiable terms. SHORT SALE – All offers, purchase price, terms, and final sale are subject to the seller’s lender approval. Approval is not guaranteed. DRIVE-BY ONLY. SHOWINGS BY APPOINTMENT. Read Less
Courtesy of CENTURY 21 JIM WHITE & ASSOC 727-367-3795
Listing Snapshot
Days Online
1
Last Updated
Property Type
Mixed Use
Square Ft.
10,494
Lot Size
0.31 Acres
Year Built
1959
MLS Number
TB8567209
Additional Details
Property Access
Frontage Type: Alley, City Street, Road Responsibility: Public Maintained Road, Road Surface: Asphalt
Building
Built in 1959, Living area: 9603, Living area units: Square Feet, Building faces West, 2 stories, Levels: Two, Construction Materials: Block, Concrete
Cooling
Central Air, Wall/Window Unit(s)
Floors
Carpet, Terrazzo
Foundation
Slab
Heating
Central, Ductless
Lot
0.31 acres, Dimensions: 99x134, Central Business District, Corner Lot, Flood Insurance Required, FloodZone, City Limits, Infrastructure In, Street Lights, Paved
Property
Under Renovation
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 23-31-15-91818-011-0010, Public Survey Range: 15, Public Survey Section: 23, Annual Amount: $19,670, Tax Block: 011, Tax Book Number: 31-19, Legal Description: TREASURE ISLAND, CITY OF BLK 11, LOT 1 LESS NW'LY 85FT, Lot: 0010, Year: 2024, Zoning: COMM
Utilities
Electricity Available, Public, Service - 110 Volts
Windows
Insulated Windows
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Listings courtesy of Stellar MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively 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. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Confirm your time
Fill in your details and we will contact you to confirm a time.