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    The Largest CRE Database in the US with Over 1 Million Listings

    125 110Th Ave Treasure Island, FL 33706

    Sponsored
    For Sale
    $2,900,000

    Quadruplex - TREASURE ISLAND, FL

    Type:Quadruplex
    Property size:
    4,312 SF
    Lot size:
    0.18 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 29 at 4:06 am

    Property Features for 125 110Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    APN
    23-31-15-43470-006-0780
    Parking features
    Assigned, Carport, Covered, Driveway, Guest, Underground/Basement
    Pets allowed
    Cats OK, Dogs OK
    Pool private
    1
    Interior features
    Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Stone Counters, Thermostat, Walk-in Closet(s), Window Treatments
    Exterior features
    Paved, Balcony, Fence, Garden, Lighting, Outdoor Grill, Outdoor Shower, Private Mailbox, Rain Gutters, Sliding Doors, Sprinkler Metered, Storage, Pool, Dock
    Dock
    1
    Fencing
    Fenced
    Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Oven - Convection, Range, Refrigerator, Washer
    Size
    4,312 SF
    Lot size
    0.18 Acres

    Utilities

    Heating system
    Central, Electric (Heating), Propane (Heating)
    Cooling system
    Central Air, Ductless, Multi Units
    Water front features
    Canal - Saltwater, Waterfront
    Water front
    1

    Building Details

    Year built
    1979
    Number of units
    4
    Flooring type
    Bamboo, Laminate, Tile, Tile - Ceramic
    Building materials
    Block, Cement Siding, Frame, Stucco
    Roof type
    Concrete, Membrane
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Bella Nowak
    Bella Nowak

    Dalton Wade, Inc. (727) 888-4175

    Listing agent Bella Nowak (888) 668-8283 License #3434471

    Listing date Jan 28, 2026

    MLS# TB8451854 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Turnkey Waterfront Treasure Island Quadruplex

    This two-story, custom-built fourplex on Treasure Island offers a rare opportunity. The updated waterfront building overlooks 80 feet of Bocca Ciega Bay. It features one 3-bedroom, 2-bath unit with 1600 square feet, two 2-bedroom, 2-bath units each with 1100 square feet, and a 500-square-foot studio, all with balcony views. The top-floor owner's unit is completely updated. The property includes a pool with a bridge leading to the dock. Features include a new roof, new AC, new windows, and hot water tanks, along with granite counters, custom wood cabinets, and a washer and dryer in each unit. All units have water and pool views. An extra-large dock allows for 4 boat slips. The building is elevated, providing secure covered parking. Each unit has walk-in closets and separate outside additional storage under the building. The property offers 4 carports under the building with 6 additional parking spaces. Situated on a 0.18-acre lot, this 4312 square foot property is suitable for both owner-occupants and investors looking for income opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Spa & Massage Realty agency Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Treasure Island
    County
    Pinellas
    State
    Florida
    Longitude
    -82.769087
    Latitude
    27.771852

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    FAQs

    What type of property is this?
    Quadplex - Updated 4-unit building with bay views, pool, and dock.
    Where is this quadplex located?
    The property is located at 125 110Th Ave Treasure Island, FL.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - Waterfront 4-plex on Treasure Island with 80 feet of Bocca Ciega Bay frontage.; - Turnkey property featuring four updated units: a 3-bedroom, two 2-bedroom, and a studio, all with water views.; - Private pool with bridge access to a large dock, potentially accommodating 4 boat slips.
    (727) 560-7284
    Request Owner's contact information
    125 110Th Ave Treasure Island, FL 33706
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    Treasure Island, FL 33706
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    125 110Th Ave Treasure Island, FL 33706
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    We can help!
    Listing Contact
    Bella Nowak
    Bella Nowak
    Real Estate License ID: 3434471
    (727) 560-7284
    Learn more
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