
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
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

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION
- Homes For Sale in Orlando, FL
- Homes For Sale in Clermont, FL
- Homes For Sale in Mount Dora, FL
- Homes For Sale in Eustis, FL
- Homes For Sale in Sorrento, FL
- Homes For Sale in Tavares, FL
- Homes For Sale in Winter Garden, FL
- Homes For Sale in Lady Lake, FL
- Homes For Sale in The Villages, FL
- Homes For Sale in Apopka, FL
- Homes For Sale in Lake Mary, FL
- Homes For Sale in Longwood, FL
- Homes For Sale in Sanford, FL
- Homes For Sale in Umatilla, FL
- Homes For Sale in Leesburg, FL
- Homes For Sale in Grand Island, FL





