Search
3-Unit Multifamily Property
New
For Sale
$549,000

119 125TH, Treasure Island, FL 33706

A front duplex and separate rear studio create three distinct residential spaces.

Property Size1,264 SF
Days on Market3

Property Features for 119 125TH

General Information

Standard status Active
Size 1,264 SF
Property subtype Investment

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $5,709

Building Details

Building Size 1,264 SF
Year Built 1946
Listed By: Ashley Mitchell
Source: Elliman
Added: Oct 16 Last Checked: Oct 16 at 2:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ashley Mitchell

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 1946, the property comprises a two-unit duplex at the front and a separate studio behind it. Each duplex unit includes a loft, and all three residences have tankless water heaters. Improvements also include a metal roof and mini-split air-conditioning systems in the duplex. Two of the three units are occupied by tenants.

Lagoon Lane is one block from Gulf Boulevard, with the beach about a five-minute walk away. The property is also near the route over John's Pass Bridge, where waterfront dining, shopping, and entertainment are available.

Key Highlights

  • Three residential units: a front duplex and a separate rear studio
  • Loft space in each of the two duplex units
  • Tankless water heaters in all three units

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Hair Salon Big Box & Wholesale Store Law Firm Kitchen & Bath Showroom Auto Repair Shop Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

558
Businesses Nearby

Demographics for 33706, FL

15,309
Population
14,199
Households
1.1
Avg Household Size
60
Median Age
54%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
4,138
Density / Sq Mi
$97,364
Median Household Income
$80,504
Median Earnings
$1,646
Median Rent
$616,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - A front duplex and separate rear studio create three distinct residential spaces.
Where is this multifamily property located?
The property is located at 119 125TH Treasure Island, FL.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Three residential units: a front duplex and a separate rear studio; Loft space in each of the two duplex units; Tankless water heaters in all three units
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again