Commercial Sale · Multi Family (5+)
275 116TH AVENUE, TREASURE ISLAND, FL, 33706
Active190 days on marketListed Jan 27, 2026MLS #TB8469580
About this property
The property at a glance
Located in the desirable Isle of Capri community, in popular Treasure island, this apartment complex is just a short distance to the Gulf beaches - all ten units face the intracoastal waterways, with a wide view looking out at the 200 feet of water frontage - (8) 2br 2ba & (2) 1br 1ba apartments - new windows and seawall - possible condo conversion, redevelopment site, or renovate and upgrade existing units to increase cash flow
9,294
Building sq ft
$312
Price / sq ft
0.51
Lot acres
1968
Year built
1
Building
Multi Family (5+)
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$15,683/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
1,978
Population
$129,262
Median income
60
Median age
2
Avg household
$668,850
Median home value
$1,070/mo
Median rent
44%
Households w/ kids
Consumer profile
This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
From girls night out to a movie night in with their closest gal pals, this population is all about getting the girls together for an evening of fun.
This population lives as fast as the culture. They like to keep up with the latest trends, especially when it comes to apparel and accessories.
These people aren't afraid to nerd out. Common activities include comic books, video games, and often intellectual pursuits.
Always thinking about their next destination, this population loves exploring new places abroad or right in their own backyard. They hold onto past trips by sharing their favorite memories and pictures year round.
Recent sales
What actually sold near 275 116TH AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$2,800,000
510 70TH AVENUE
7,750 sqft · $361/sqft · Sold Mar 15, 2026
$2,925,000
8630 BLIND PASS ROAD
10,964 sqft · $267/sqft · Sold Jul 31, 2026
$575,000
107 145TH AVENUE E
3,706 sqft · $155/sqft · Sold May 29, 2026
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 275 116TH AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 275 116TH AVENUE.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of SMITH & ASSOCIATES REAL ESTATE · Patrick Calhoon. MLS #TB8469580.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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