$1,290,000 for Sale
12412 lagoon lane, treasure island, FL 33706
| Beds 3 | Baths 3 | 1,846 Sqft | 0.18 Acres |
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Property Description
TRIPLEX ON THE WATER...Investors Investors Investors...Location Location Location !!! Discover a rare gem nestled along the serene shores of Boca Ciega Bay. This waterfront triplex offers an unparalleled opportunity for investors and dreamers alike. This Triplex is within walking distance, bike/boat ride to John's pass and 2 blocks from the beautiful white sands of Treasure Island Beach. This is an investor's dream. with several options. You can work on restoring the current structure, you can build your dream home on the water, or to maximize your ROI (return on investment) you can Rebuild UP and build up to 3 units. I have already done the months of research and been approved in writing by Treasure Island Zoning to build up to 3 units on this property. There is also room for a couple boat slips, which, in-itself is in high demand in this area. At this current listing price, it's a no brainer... Don't wait, this property won't be on the market for long. With 50 feet of direct waterfront on Boca Ciega Bay, this property offers stunning water views and an exclusive coastal lifestyle. Ideal for anyone seeking to embrace the tranquility of the water. The current triplex configuration allows for multiple income-generating opportunities—whether renting out individual units, converting the property into a luxury single-family home, or even expanding it. The versatility of the space makes it appealing to a variety of buyers, from investors to those wanting a dream home. Just a short walk from the pristine Treasure Island Beach, this home gives you the best of both worlds—bayfront living and easy access to beach activities, shopping, dining, and entertainment. Treasure Island is a sought-after destination for those seeking a laid-back yet vibrant lifestyle, with easy access to downtown St. Petersburg, local parks, and various recreational opportunities.
General Information
Sale Price: $1,290,000
Price/SqFt: $699
Status: Active
MLS#: TB8371218
City: treasure island
Post Office: treasure island
County: Pinellas
Subdivision: coney island
Acres: 0.18
Lot Dimensions: 50 x 150
Bedrooms:3
Bathrooms:3 (3 full, 0 half)
House Size: 1,846 sq.ft.
Acreage: 0.18 est.
Year Built: 1954
Property Type: Single Family Residence
Style:
Features & Room Sizes
Paved Road: Asphalt, Paved
Garage: No
Construction: Block, Concrete
Exterior Misc: Sidewalk, Sliding Doors
Basement: No
Foundation : Slab
Appliances: None
Cooling: None
Heating: Electric
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $12,234
Legal Description: CONEY ISLAND BLK 9, LOT 10 & NW 5FT OF LOT 11 & PT OF VAC LAGOON DR ADJ ON E PER O.R. 7372/ 1717 (SEE MAP NNE 22-31-15)
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Johnny Meara of EXP REALTY LLC, Phone: 888-883-8509
