134 86TH TER, Treasure Island, FL 33706
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134 86TH TER, Treasure Island, FL 33706
134 86TH TER, Treasure Island, FL 33706
134 86TH TER, Treasure Island, FL 33706
134 86TH TER, Treasure Island, FL 33706
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134 86TH TER Treasure Island, FL 33706

4 Beds

4 Baths

3,116 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,116 sqft

Price per Sqft $465

Subdivision Herrons Sub 6

MLS Listing ID TB8524476

Bedrooms 4

HOA Y/N No

Year Built 1941

Annual Tax Amount $15,738

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 80x50

Property Sub-Type Quadruplex

Source Stellar MLS

New Construction false

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.

Location

State FL

County Pinellas

Community Herrons Sub 6

Area 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl

Rooms

Other Rooms Inside Utility

Interior

Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Walk-In Closet(s)

Heating Electric

Cooling Central Air

Flooring Laminate, Luxury Vinyl, Wood

Furnishings Unfurnished

Fireplace false

Appliance Convection Oven, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer

Laundry Common Area, Electric Dryer Hookup, Inside, Outside, Same Floor As Condo Unit, Washer Hookup

Exterior

Exterior Feature Other

Utilities Available Electricity Connected, Public, Sewer Connected, Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Pillar/Post/Pier

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Other

New Construction false

Schools

Elementary Schools Azalea Elementary-Pn

Middle Schools Azalea Middle-Pn

High Schools Boca Ciega High-Pn

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None


Stellar MLS
Listed by Estelia Mesimer COLDWELL BANKER REALTY

NEARBY SCHOOLS & PROPERTIES

TOUCHSTONE REAL ESTATE

TOUCHSTONE REAL ESTATE

COMPANY OWNER PAGE | BKCQ1051231

+1(352) 223-0053

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134 86TH TER