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    11705 3Rd St E 9 Saint Petersburg, FL 33706

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    For Sale
    $2,090,000

    8-unit waterfront apartment building near Gulf beach and Johns Pass.

    Lot size:
    0.23 Acres

    Property Features for 11705 3Rd St E 9

    General Information

    Lot size
    0.23 Acres

    Building Details

    Year built
    1969

    Source: BUXTON PROPERTIES INC Agent Ahmad Maki Kubba

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Apartment Building in Treasure Island

    This is an 8-unit waterfront apartment building located on Capri Island in Treasure Island. The property features six one-bedroom, one-bath units and two two-bedroom, one-bath units, along with five boat slips. Constructed with solid block concrete, the building encompasses approximately 6,000+ heated square feet and 7,000+ total square feet. It benefits from a new roof and has been updated to meet current codes. Situated in a prime location, it is a 10-minute walk to a Gulf beach and a short 2-5 minute boat ride to Johns Pass, providing access to the Gulf of America. Johns Pass is a popular tourist destination, enhancing the property's appeal. The property generates approximately $16,000 per month and offers future potential. Note that the buyer will need to honor existing lease agreements with the management company. The property includes 10 bedrooms and 8 bathrooms.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Realty agency Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7718338
    Latitude
    27.7781549

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    FAQs

    What type of property is this?
    Apartment building - 8-unit waterfront apartment building near Gulf beach and Johns Pass.
    Where is this apartment building located?
    The property is located at 11705 3Rd St E 9 Saint Petersburg, FL.
    What is the asking price?
    The asking price for this property is $2,090,000.
    What are key features of this property?
    This property features: - Waterfront 8-unit apartment building on Capri Island, Treasure Island.; - Generates approximately $16,000 per month in income.; - Prime location: Enjoy a 10-minute walk to Gulf beach, or a quick 2-5 minute boat ride to Johns Pass.
    (727) 538-0034
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    Realmo Value Estimation

    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.

    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.

    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
    11705 3Rd St E 9 Saint Petersburg, FL 33706
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