Listing Courtesy of: 
STELLAR as distributed by MLS GRID / Listed By: Estelia Mesimer, Coldwell Banker Realty - Contact: 727-360-6927
STELLAR as distributed by MLS GRID / Listed By: Estelia Mesimer, Coldwell Banker Realty - Contact: 727-360-6927 134 86th Terrace Treasure Island, FL 33706
Active (107 Days)
$1,450,000 (USD)
Description
MLS #:
TB8524476
TB8524476
Taxes
$15,738(2024)
$15,738(2024)
Lot Size
4,064 SQFT
4,064 SQFT
Type
Multifamily
Multifamily
Year Built
1941
1941
County
Pinellas County
Pinellas County
Listed By
Estelia Mesimer, Coldwell Banker Realty, Contact: 727-360-6927
Source
STELLAR
Last checked Jul 1 2026 at 4:06 PM GMT+0000
STELLAR
Last checked Jul 1 2026 at 4:06 PM GMT+0000
Bathroom Details
Interior Features
- Inside Utility
- Unfurnished
- Stone Counters
- Kitchen/Family Room Combo
- Living Room/Dining Room Combo
- Walk-In Closet(s)
- Appliances: Electric Water Heater
- Appliances: Refrigerator
- Appliances: Washer
- Ceiling Fans(s)
- Open Floorplan
- Appliances: Microwave
- Appliances: Dryer
- Appliances: Convection Oven
- Appliances: Ice Maker
- Primary Bedroom Main Floor
Subdivision
- Herrons Sub 6
Property Features
- Foundation: Pillar/Post/Pier
Heating and Cooling
- Electric
- Central Air
Flooring
- Laminate
- Wood
- Luxury Vinyl
Exterior Features
- Other
- Roof: Shingle
Utility Information
- Utilities: Public, Water Connected, Water Source: Public, Electricity Connected, Sewer Connected
- Sewer: Public Sewer
School Information
- Elementary School: Azalea Elementary-Pn
- Middle School: Azalea Middle-Pn
- High School: Boca Ciega High-Pn
Living Area
- 3,116 sqft
Additional Information: St. Pete Beach | 727-360-6927
Location
Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2026. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 7/1/26 09:06
Based on information submitted to the MLS GRID as of 7/1/2026 16:06. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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.