Beautiful Sunset Beach in Treasure Island. Double lot on the water. Potential annual gross income $126,000 with the income of the future boat slips. Eight units with three 2 bedrooms and five 1 bedrooms. Non-transient Apartments license with the State of Florida (DBPR) Approximate expenses: property insurance $17K, property taxes $8k, Utilities $6K, Pest control $1k. (note: taxes will change upon sale of property.) Four slips have been approved with all the permit requirements. Property has carports and the knotty pinewood walls, this property has been kept to the original look of the 1950's. The beautiful sandy beach is a few houses away and no bridges on the waterway between this property and the Gulf of Mexico. You can't get any better.
Legal: SUNSET BEACH UNIT 3 BLK 3, LOTS 2 AND 3