118-146 107th Avenue, Treasure Island, FL 33706

$5,850,000
Sold Price
$5,850,000
List Price
$6,900,000
Status
Sold
Days on Market
44
Closing Date
Jun 30, 2023
MLS#
U8187114
Property Style
Mixed Use
Year Built
1953
Lot Size
46,600
Acres
1
Total Acreage
1 to less than 2
Legal Subdivision Name
City Of Treasure Island
Development Name
Ti Plaza
MLS Area Major
Pass a Grille Bch/St Pete Bch/Treasure Isl

Property Description

NEVER BEFORE OFFERED TREASURE ISLAND STRIP PLAZA!! Vintage mid 1950’s construction and in the same family ownership since inception. Property situated in the absolute “hub of tourist activity” lining the North side of Treasure Island Causeway (107th Ave.) ...starting with Liberte' (aka as Vacatia) and continues to Johnny's Bait and Tackle...just a block from the Gulf of Mexico!! Property is currently a fully functioning strip plaza with 11 (mostly long term) tenants and with no vacancies. Extensive roof repair/replacement recently completed. As the highest and best use of the property may be re-development it is not being marketed based upon current or past income and expense history nor capitalization rates.…Description: NORTH PLAZA…118 – 146 107th Ave., .. 14 contiguous store fronts currently with building area approx. 15,000 sq,. ft., plus deeded parking area all totaling 46,600 sq. ft. mol . .. Zoned Mixed Use Core (PR-MU core) permitting a multitude of potential re-development opportunities. Drive-by only. Please do not approach tenants directly under any circumstances.

Additional Information

Taxes Annual
$41904
Location
Central Business District, Flood Insurance Required, FloodZone, City Limits, Oversized Lot, Shopping Center, Paved
Community Features
Sidewalks, No Deed Restriction
Zoning
PR-MU-CORE
Floor
Terrazzo, Vinyl
Utilities
Electricity Available, Phone Available, Public, Water Connected
Heating
Central, Wall Units / Window Unit
Air Conditioning
Central Air, Other
Exterior Construction
Block
Foundation
Block
Pool
No Pool
Flood Zone Code
A
Parcel ID
23-31-15-91818-013-0290
Legal Description
Lots 29 thru 37, City of TREASURE ISLAND, FL 33706

Mortgage Calculator

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Listing courtesy of CENTURY 21 JIM WHITE & ASSOC. Selling Office: STELLAR NON-MEMBER OFFICE.

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