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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.

Driving directions : To reach 12412 Lagoon Lane in Treasure Island, Florida, from Tampa International Airport (TPA), follow these directions: 1. Depart from Tampa International Airport: 2. Continue on I-275 South: 3. Exit toward Treasure Island: 4. Merge onto 5th Avenue North (FL-595): 5. Turn onto 66th Street North (FL-693): 6. Continue onto Pasadena Avenue North (FL-693): 7. Turn onto 1st Avenue South: 8. Turn onto Park Street South: 9. Continue onto Central Avenue (CR 150): 10. Proceed onto Treasure Island Causeway (CR 150): Continue straight onto Treasure Island Causeway (CR 150). Cross the bridge onto Treasure Island; this stretch is approximately 0.9 miles. 11. Arrive at 12412 Lagoon Lane: After crossing the causeway, turn left onto 125th Avenue. Then, turn left onto Lagoon Lane. Your destination, 12412 Lagoon Lane, will be on the left.