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Waterfront Isle of Capri Apartments

275 116TH Ave Treasure Island, FL 33706

275 116TH Ave, Treasure Island, FL, 33706
$2,900,000
For Sale
$2,900,000

Apartment complex in Treasure Island with intracoastal waterway views.

Days on Market89

Property Features for 275 116TH Ave

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1968
Listing agency Smith & Associates Real Estate
Listed by Patrick Calhoon · License #259869
Source Elliman
Added: Apr 24 Updated: Jul 10 at 1:19PM Checked: Jul 20 at 4:27AM

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 Smith & Associates Real Estate


Investment Insights

Based on property information with market context.

Located in the Isle of Capri community in Treasure Island, this apartment complex is positioned a short distance from the Gulf beaches. All ten units face the intracoastal waterways, offering a wide view of the 200 feet of water frontage. The complex comprises eight 2-bedroom, 2-bathroom apartments and two 1-bedroom, 1-bathroom apartments. The property features new windows and a seawall. Potential uses include condo conversion, redevelopment, or renovation and upgrade of existing units to increase cash flow. The bike score is 26, indicating it is somewhat bikeable, and the walk score is 14, indicating car dependence.

Key Highlights

  • Waterfront property: All ten units face the intracoastal waterway with 200 feet of water frontage.
  • Desirable location in the Isle of Capri community in Treasure Island, near Gulf beaches.
  • Features a combination of (8) 2‑bedroom, 2‑bathroom and (2) 1‑bedroom, 1‑bathroom apartments.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

HVAC Service Big Box & Wholesale Store Dental Office Auto Repair Shop Kitchen & Bath Showroom Garden Center Hair Salon (Bike/Boat/Book/etc) Store Carpet & Flooring Store Computer & Electronic Repair

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

FAQs

What type of property is this?
Apartment building - Apartment complex in Treasure Island with intracoastal waterway views.
Where is this apartment building located?
The property is located at 275 116TH 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 property: All ten units face the intracoastal waterway with 200 feet of water frontage.; Desirable location in the Isle of Capri community in Treasure Island, near Gulf beaches.; Features a combination of (8) 2‑bedroom, 2‑bathroom and (2) 1‑bedroom, 1‑bathroom apartments.
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