119 125th Avenue, Treasure Island, FL 33706
Local realty services provided by:Better Homes and Gardens Real Estate Synergy
Listed by: ashley mitchell
Office: happy homes property managemen
MLS#:TB8558352
Source:MFRMLS
Price summary
- Price:$549,000
- Price per sq. ft.:$434.34
About this home
Live the beach lifestyle while enjoying rental income from two additional units! Tucked away on quiet Lagoon Lane in Treasure Island, this fully renovated property offers a fantastic opportunity to own three separate living spaces just steps from everything that makes this coastal community so special. The property features a duplex in the front and a separate studio in the back, offering flexibility for an owner-occupant or investor. Live in one unit while collecting rental income from the other two, or take advantage of the income potential of all three. Both units in the front duplex feature loft spaces, providing ample additional storage. Recent improvements include a metal roof and newly installed mini-split AC systems in the front duplex, plus tankless water heaters in all three units, adding comfort, efficiency, and long-term value. Just one block from Gulf Boulevard, you are approximately a five-minute walk from having your toes in the sand! Take a quick stroll across the John's Pass Bridge for dolphin watching, waterfront dining, shopping, and entertainment, then return home to the peaceful setting of Lagoon Lane. Two units are currently occupied by wonderful tenants, providing an opportunity for immediate rental income. Please respect their privacy and do not disturb occupants....
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Home facts
- Year built:1946
- Subdivision & Development:CONEY ISLAND
- Listing ID #:TB8558352
- Added:20 day(s) ago
- Updated:November 05, 2026 at 06:11 PM
Rooms and interior
- Total bathrooms:3
- Flooring:Luxury Vinyl
- Basement Description:Block, Crawlspace
- Living area:1,264 sq. ft.
Heating and cooling
- Cooling:Mini-Split Unit(s)
- Heating:Ductless
Structure and exterior
- Roof:Membrane, Metal
- Year built:1946
- Building area:1,264 sq. ft.
- Lot area:0.09 Acres
- Construction Materials:Block
- Exterior Features:Private Mailbox
- Foundation Description:Block
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer
Finances and disclosures
- Price:$549,000
- Price per sq. ft.:$434.34
- Tax amount:$5,710 (2025)
Features and amenities
- Laundry features:Laundry Closet
- Amenities:BB/HS Internet Available, Ceiling Fans(s)
- Pool features:Public Pool
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