106 E Bay Drive, Treasure Island, FL 33706
Local realty services provided by:Gulf Shores Realty ERA Powered
Listed by: tamara perez
Office: realty buy design
MLS#:TB8506589
Source:MFRMLS
Price summary
- Price:$675,000
- Price per sq. ft.:$334.82
About this home
Located in the heart of highly sought-after Sunset Beach, this rare tri-plex opportunity is just a 2-minute walk to the beautiful white sands of Sunset beach and surrounded by the laid-back beach lifestyle that makes Treasure Island so special. Walk to local beachfront restaurants, live music, coffee shops, bars, and entertainment, while enjoying one of the most charming and walkable beach communities on Florida’s Gulf Coast. Previously operated as a highly successful short-term rental property, this unique beach compound consists of three separate units, including a main building with two apartments plus a detached standalone efficiency unit — offering endless possibilities for redevelopment, investment, vacation use, or future income potential. The property sustained flood damage during Hurricane Helene and wind damage during Hurricane Milton and is currently vacant and in disrepair. This is being marketed primarily for its exceptional location, lot value, and redevelopment potential. Renovate and reimagine the existing structures, elevate the property approximately 12 feet to create a future coastal retreat, or start fresh with brand-new construction. Opportunities like this in Sunset Beach are increasingly rare. This location places you minutes from everything beach living has to offer — waterfront dining, boating, fishing charters, dolphin cruises, parasailing, jet ski rentals, beach bars, live entertainment, and nightly sunsets over the Gulf. Whether you envision a luxury beach getaway, income-producing investment property, or a completely new coastal development project, the potential here is truly unmatched. Bring your vision and take advantage of this incredible opportunity to create something special in one of Tampa Bay’s most beloved beach communities. Photos of the exterior were taken prior to the hurricanes....
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Home facts
- Year built:1938
- Listing ID #:TB8506589
- Added:1 day(s) ago
- Updated:May 08, 2026 at 10:40 PM
Rooms and interior
- Living area:2,016 sq. ft.
Heating and cooling
- Cooling:Central Air, Zoned
- Heating:Central, Zoned
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1938
- Building area:2,016 sq. ft.
- Lot area:0.07 Acres
- Construction Materials:Stucco
- Exterior Features:Fence
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$675,000
- Price per sq. ft.:$334.82
- Tax amount:$6,041 (2025)
Features and amenities
- Laundry features:Inside
- Amenities:Open Floorplan
- Pool features:Public Pool
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