134 86TH TERRACE, Treasure Island, FL 33706
- 4 beds |
- 4 baths |
- 3,116 sqft
Multi-Family Home 
Built in 1941 
3,920sqft lot
—— car garage 
$465/sqft 
Listed 25 days ago
Property Description
Turnkey Beachside Quadplex | Sunset Beach, Treasure Island | Fully Leased Investment Opportunity Welcome to 135 86th Terrace, Treasure Island, an exceptional four-unit income-producing property located just steps from the sugar-white sands of Sunset Beach. Rarely does an investment opportunity combine a premier beach location, extensive renovations, professional management, and immediate cash flow into one turnkey package. This fully leased quadplex features four spacious 1-bedroom, 1-bathroom units, each approximately 750 square feet, thoughtfully renovated with modern flooring, fresh interior paint, updated kitchens, appliances, central HVAC, and attractive finishes designed to maximize tenant appeal. Every unit is occupied with annual leases in place, creating reliable, immediate rental income from day one. Recent capital improvements provide peace of mind for years to come, including new HVAC systems installed in 2025 with elevated condensers, new exterior decks, updated electrical panels, and convenient on-site indoor laundry facilities. Each unit also includes its own assigned outdoor storage area, providing tenants with dedicated space for beach chairs, bicycles, paddleboards, fishing gear, and other beach essentials. The low-maintenance design and recent upgrades make this a true plug-and-play investment. Beach access is directly across the street, allowing tenants to enjoy one of Florida's most desirable coastal lifestyles. Residents are within walking distance of local favorites including Caddy's Treasure Island and Ka'Tiki, while also enjoying convenient access to St. Pete Beach, Downtown St. Petersburg, Clearwater Beach, shopping, dining, entertainment, and Tampa International Airport. Current annual leases generate monthly rents of $1,975 (Unit 1), $1,975 (Unit 2), $1,800 (Unit 3), and $2,250 (Unit 4), providing immediate, stable cash flow in one of Tampa Bay's most desirable beach communities. Whether you're expanding your rental portfolio, completing a 1031 Exchange, or utilizing a DSCR loan to acquire a cash-flowing asset, this property checks every box for today's investor. Opportunities like this are increasingly difficult to find—a professionally managed, fully occupied, recently renovated beachside quadplex in a prime location with immediate income and long-term appreciation potential. PLEASE DO NOT DISTURB TENANTS OR WALK THE PROPERTY WITHOUT A CONFIRMED APPOINTMENT. Private showings are available by appointment only.
- Listing Status:
- Active
- Date Added:
- July 1, 2026
- Data Last Updated:
- July 26, 2026 at 6:23PM
- Listing Office:
- COLDWELL BANKER REALTY : 727-360-6927
- Listing Agent:
- Estelia Mesimer : 727-686-2859
- MLS ID:
- TB8524476
- General: Other
- Roofing: Shingle
- Windows: Aluminum Frames
- General: OtherPillar/Post/Pier
- Road/Access: Paved
- Originating MLS: Stellar MLS
- County: Pinellas
- Zoning: HERRON'S SUB NO. 6 LOT 27 & THAT PART OF LOT 26 DESC BEG SE COR OF LOT 27 TH N00D02'E 50FT TH S89D58'E 11.70FT TH S00D02'W 20.50FT TH S89D58'E 16.30FT TH S00D02'W 29.50FT TH N89D58'W 28FT TO POB25-31-15-38412-000-0270
- Utilities: Electricity ConnectedPublicSewer ConnectedWater Connected
- Water: Public
- Sewer: Public Sewer
- Source: Stellar MLS
- Ownership: Fee Simple
This listing courtesy of Estelia Mesimer , COLDWELL BANKER REALTY
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
