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Bay Front Condo Investment Opportunity
For Sale
$324,900

282 TREASURE ISLAND 12, Treasure Island, FL 33706

Renovated, furnished condo with rental flexibility and waterfront amenities.

Property Size513 SF
Days on Market142

Property Features for 282 TREASURE ISLAND 12

General Information

Standard status Active
Size 513 SF
Property subtype Other

Taxes and HOA fees

Annual Taxes $2,850

Building Details

Building Size 513 SF
Year Built 1961
Listing Agency: KELLER WILLIAMS ST PETE REALTY
Listed By: Christine Mitchell · License #3393440
Source: Elliman
Added: Apr 24 Changed: Sep 2 Last Checked: Sep 11 at 9:22AM

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 KELLER WILLIAMS ST PETE REALTY

Investment Insights

Based on property information with market context.

This turn-key, fully furnished one-bedroom, one-bath condo is located just two blocks from the Gulf beaches of Treasure Island, offering nightly rental flexibility and existing bookings. Situated on the second floor of The Malyn, a waterfront condo-motel community, this unit provides both a personal getaway and an income-producing investment. The condo features luxury vinyl plank flooring, an updated kitchen with stainless steel appliances and granite countertops, and an updated bathroom. A new A/C system is scheduled for installation in 2025. Community amenities include a heated waterfront pool, two private docks suitable for fishing, kayaking, paddle boarding, and temporary boat docking, a screened waterfront cabana with grills, shuffleboard courts, and on-site laundry facilities. The building is also slated for a new roof in 2025 and freshly painted exterior doors. The property is walkable to local restaurants, shops, beach bars, grocery stores, and John’s Pass Village & Boardwalk. A nearby Suncoast Beach Trolly stop provides access to other beach communities. Downtown St. Petersburg and Clearwater Beach are within a short drive. Tampa International Airport is less than 27 miles away. The HOA fee covers electric, cable, Wi-Fi, water, and exterior maintenance. Pets up to 20 lbs are allowed. The location offers a blend of convenience and strong rental potential in a walkable setting.

Key Highlights

  • Bayfront condo with nightly rental flexibility and future bookings, offering income potential.
  • Fully furnished and renovated with updated kitchen (stainless steel appliances, granite countertops), updated bathroom, luxury vinyl plank flooring, and new A/C (2025).**
  • Waterfront community amenities: heated pool, two private docks, screened cabana with grills, shuffleboard, and on‑site laundry.

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Auto Repair Shop Dental Office Building Supply Law Firm Big Box & Wholesale Store Hair Salon

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

Location Intelligence

Trade Area within ½ mile

502
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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Renovated, furnished condo with rental flexibility and waterfront amenities.
Where is this short term rental property located?
The property is located at 282 TREASURE ISLAND 12 Treasure Island, FL.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Bayfront condo with nightly rental flexibility and future bookings, offering income potential.; Fully furnished and renovated with updated kitchen (stainless steel appliances, granite countertops), updated bathroom, luxury vinyl plank flooring, and new A/C (2025).**; Waterfront community amenities: heated pool, two private docks, screened cabana with grills, shuffleboard, and on‑site laundry.
More about this property
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