$549,000
119 125th AvenueTreasure Island, FL 33706
Listing updated: October 16, 2026 at 6:51 AM ET
Listing courtesy of Happy Homes Property Managemen · Ashley Mitchell · MLS #TB8558352 · Active · 727-300-9211Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Flood zone
About this home
Live the beach lifestyle while enjoying rental income from two additional units! Tucked away on quiet Lagoon Lane in Treasure Island, this fully renovated property offers a fantastic opportunity to own three separate living spaces just steps from everything that makes this coastal community so special. The property features a duplex in the front and a separate studio in the back, offering flexibility for an owner-occupant or investor. Live in one unit while collecting rental income from the other two, or take advantage of the income potential of all three. Both units in the front duplex feature loft spaces, providing ample additional storage. Recent improvements include a metal roof and newly installed mini-split AC systems in the front duplex, plus tankless water heaters in all three units, adding comfort, efficiency, and long-term value. Just one block from Gulf Boulevard, you are approximately a five-minute walk from having your toes in the sand! Take a quick stroll across the John's Pass Bridge for dolphin watching, waterfront dining, shopping, and entertainment, then return home to the peaceful setting of Lagoon Lane. Two units are currently occupied by wonderful tenants, providing an opportunity for immediate rental income. Please respect their privacy and do not disturb occupants.
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 history1 days on market
- Status: ActiveOct 15, 2026
- Listed$549,000Oct 15, 2026
Facts & features
- Property type
- Residential Income
- Sub type
- Triplex
- Status
- Active
- Days on market
- 1
- Subdivision
- Coney Island
- County
- Pinellas
- Year built
- 1946
- Living area
- 1,264 sq ft
- Price/sq ft
- $434
- Lot size
- 3,816 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE (12103C0194H)
- Annual taxes
- $5,710 (2025)
- Parcel #
- 15-31-15-17784-009-0080
- MLS #
- TB8558352
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Interior Details
- Bedrooms
- 0
- Flooring
- Luxury Vinyl
- Interior features
- Ceiling Fans(s)
- Laundry
- Laundry Closet
Heating & Cooling
- Heating
- Ductless
- Cooling
- Mini-Split Unit(s)
Parking
- Garage spaces
- 0
HOA & Financial
- Total monthly fees
- None
- Total annual fees
- None
- CDD
- No
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Private Entrance, Private Mailbox
- Construction materials
- Block
- Roof
- Membrane, Metal
- Foundation
- Block, Crawlspace
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Electricity Connected, Water Connected
Listing Details
- Listing date
- 2026-10-14
- On market date
- 2026-10-15
- Original list price
- $549,000
- Occupant type
- Tenant
- MLS area
- 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-10-15
- Tax legal description
- CONEY ISLAND BLK 9, LOT 8
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
From Gulf Boulevard in Treasure Island, turn east onto 125th Avenue, approximately two blocks south of John's Pass Bridge. Continue to Lagoon Lane and turn left. The property is located at 119 125th Avenue.
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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 October 16, 2026 at 6:51 AM 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.
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