Sunset Beach Multi-Unit Income Property

40 77TH Ave Treasure Island, FL 33706

Claim this Listing
For Sale
$1,399,000

Steps from the beach, multi-unit property with income potential.

Type:Commercial
Property size:
6,650 SF
Lot size:
0.13 Acres
Price / SF:
$210/SF
Added:
May 10, 2026
Days on Market:
64
Last Refresh:
May 10 at 4:08 am

Property Features for 40 77TH Ave

General Information

Standard status
Active
Size
6,650 SF
Lot size
0.13 Acres
Property subtype
Commercial

Building Details

Year Built
1951

Listing office Compass

Listing date May 10, 2026

Source Elliman

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 Compass


Investment Insights

Based on property information with market context.

Located on the south end of Sunset Beach, this property offers proximity to the beach and Blind Pass Waterway. The top floor features over 2700 square feet of living space, currently configured as one 3-bedroom, 2-bath unit and one 2-bedroom, 1-bath unit, with the potential for reconfiguration. This floor includes real wood floors, vaulted ceilings, an open floor plan, and an abundance of windows. A covered porch provides over 900 square feet of space with Gulf views and hurricane shutters. The ground floor contains four 1-bedroom, 1-bath units and one efficiency unit, along with a common area laundry/storage room and a 1-car garage. The property has a total square footage of 6650, with 5168 heated square feet on a 57x100 lot. The ground floor was impacted by Hurricane Helene and has not been remediated. The property is to be sold As Is. This property has been used for multi-generational living plus income for many years and offers an opportunity to bring this special property back to life or re-imagine its next chapter in this beautiful setting on Sunset Beach.

Key Highlights

  • Steps from the Beach & Blind Pass Waterway on Sunset Beach.
  • Large top floor with over 2700 sq. ft., configurable as one 3 Bed/2 Bath and one 2 Bed/1 Bath unit.
  • Income‑producing potential with existing ground floor units (Four 1 Bed/1 Bath and One Efficiency).

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

HVAC Service (Bike/Boat/Book/etc) Store Garden Center Storage Facility Carpet & Flooring Store Catering Service Acupuncture (Bike/Boat/Book/etc) Store Accounting Firm Tanning Salon

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

FAQs

What type of property is this?
Apartment building - Steps from the beach, multi-unit property with income potential.
Where is this apartment building located?
The property is located at 40 77TH Ave Treasure Island, FL.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Steps from the Beach & Blind Pass Waterway on Sunset Beach.; Large top floor with over 2700 sq. ft., configurable as one 3 Bed/2 Bath and one 2 Bed/1 Bath unit.; Income‑producing potential with existing ground floor units (Four 1 Bed/1 Bath and One Efficiency).
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