134 86TH TERRACE, TREASURE ISLAND, FL 33706

Description of 134 86TH TERRACE, TREASURE ISLAND, FL 33706

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.

Property Details for 134 86TH TERRACE, TREASURE ISLAND, FL 33706

Interior Features

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

Appliances

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

Flooring

Laminate, Luxury Vinyl, Hardwood

Heating

Electric

Cooling

Central Air

Furnished

Unfurnished

Pool Private

No

Building Information for 134 86TH TERRACE, TREASURE ISLAND, FL 33706

Building Area Total

3660

Building Area Units

Square Feet

Association

No

Property Information for 134 86TH TERRACE, TREASURE ISLAND, FL 33706

Lot Size Square Feet

4,064

Waterfront

No

View

No

Construction Materials

Other

Roof

Shingle

Exterior Features

Other

Sewer

Public Sewer

Water Source

Public

New Construction

No

Public Records for 134 86TH TERRACE, TREASURE ISLAND, FL 33706

Parcel Number

253115384120000270

Tax Annual Amount

$15,738

Tax Year

2024

Tax Legal Description

HERRON'S SUB NO. 6 LOT 27 & THAT PART OF LOT 26 DESC BEG SE COR OF LOT 27 TH N00D02'E 50FT TH S89D58'E 11.70FT TH S00D02'W 20.50FT TH S89D58'E 16.30FT TH S00D02'W 29.50FT TH N89D58'W 28FT TO POB

County Or Parish

Pinellas

Schools Near 134 86TH TERRACE, TREASURE ISLAND, FL 33706

Elementary School

Azalea Elementary-PN

Middle School

Azalea Middle-PN

High School

Boca Ciega High-PN

School assignments are provided by the listing and should be independently verified.

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