Map
Listed price in listed location currency (USD).
$1,450,000

440

MLS® TB8524476

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3116 sqft
Garage 
Taxes $15,738
Days Active 0
Lot Size 0.09 Acres
Approx. Age 1941
Avg. Price Per Sqft $465
MLS® Number TB8524476

Property Address: 134 86th Ter, TREASURE ISLAND, FL, 33706-3304

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberTB8524476
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1941
BasementCrawl Space
Driveway
Garage Spaces
HeatElectric
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 1, 2026List Date
$1,450,000List Price
-End Date
Not Sold YetSold Price

For Sale

Nov 26, 2025List Date
$1,385,000List Price
May 6, 2025End Date
$650,300Sold Price

Sold

Feb 18, 2025List Date
$699,999List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $1,236,000 and $1,557,000.
Similar properties in this area sold on average for: $1,236,250
Expected to sell in 37 days. Similar properties sold in 37 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
134 86Th Ter, Treasure Island, FL

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