$949,000
134 86th Avenue
Treasure Island, FL 33706
Listing updated: May 5, 2026 at 3:33 PM ET
Listing courtesy of Compass Florida Llc · David Petrucelli · MLS #TB8368499 · Active · 727-339-7902Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
2 new electrical panels for upper units. Welcome to Treasure Island! Located in the heart of Sunset Beach on the southern tip of Treasure Island, Florida, this beautiful quadplex is a rare investment opportunity just 250 steps from the beach. This income-producing property features four individual units and sits on an oversized lot—nearly a double lot for the street, offering ample parking and redevelopment potential. Although the building has been affected by a recent hurricane, it presents the perfect chance for a savvy investor or builder to renovate and transform it into a cash-flowing asset. Whether you choose to restore the existing structure, or redevelop into a new home or multi-unit property, this location offers unbeatable proximity to the Gulf, shops, dining, and entertainment.
Local Insight
This 1936 quadruplex is priced competitively at $464/sqft for a multi-unit income property, but the AE flood zone designation is a serious consideration—you'll need flood insurance and should verify elevation requirements and historical flood claims before committing. The tight 0.08-acre lot and age of the building mean maintenance costs could be substantial, particularly for the roof and plumbing, so get a thorough inspection to understand what deferred maintenance exists across four units. If you're looking for hands-off passive income, managing four separate units on an island location adds operational complexity, but if you're local or prepared for that involvement, the rental income potential on Treasure Island could offset the flood risk and upkeep costs.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history386 days on market
- Status: ActiveSep 23, 2025
- Listed$1,495,000Mar 31, 2025
- Price reduced$949,000
Facts & features
- Property type
- Residential Income
- Sub type
- Quadruplex
- Status
- Active
- Days on market
- 386
- Subdivision
- Herrons Sub 6
- County
- Pinellas
- Year built
- 1936
- Living area
- 2,044 sq ft
- Price/sq ft
- $464
- Lot size
- 3,629 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE
- Annual taxes
- $13,061 (2024)
- Parcel #
- 25-31-15-38412-000-0120
- MLS #
- TB8368499
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Interior Details
- Bedrooms
- 2
- Interior features
- Ceiling Fans(s)
- Laundry
- In Kitchen, Laundry Room
- Stories / Levels
- Two
Heating & Cooling
- Heating
- Ductless
- Cooling
- Wall/Window Unit(s)
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Courtyard, Fence, Private Mailbox
- Construction materials
- Vinyl Siding, Frame
- Roof
- Shingle
- Foundation
- Pillar/Post/Pier
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Available, Sewer Connected, Water Connected
Listing Details
- Listing date
- 2025-03-31
- On market date
- 2025-03-31
- Original list price
- $1,495,000
- Occupant type
- Vacant
- MLS area
- 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
- Listing AOR
- Suncoast Tampa
- Status changed
- 2025-09-23
- Tax legal description
- HERRON'S SUB NO. 6 LOT 12
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Go west on Central Ave until it turns into 107th Ave. At the end turn left onto Gulf Blvd. Go South until you get to West Gulf Blvd. Turn right onto Gulf Blvd. Turn Left onto 86th Ave. Go to the last home on the left hand side of 86th Ave.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 5, 2026 at 3:33 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA