$675,000
 $3,624 est/mo Sourced by Back At You

106 E Bay Dr,TREASURE ISLAND, FL 33706

TREASURE ISLAND, FL 33706

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Description

Located in the heart of highly sought-after Sunset Beach, this rare tri-plex opportunity is just a 2-minute walk to the beautiful white sands of Sunset beach and surrounded by the laid-back beach lifestyle that makes Treasure Island so special. Walk to local beachfront restaurants, live music, coffee shops, bars, and entertainment, while enjoying one of the most charming and walkable beach communities on Florida’s Gulf Coast. Previously operated as a highly successful short-term rental property, this unique beach compound consists of three separate units, including a main building with two apartments plus a detached standalone efficiency unit offering endless possibilities for redevelopment, investment, vacation use, or future income potential. The property sustained flood damage during Hurricane Helene and wind damage during Hurricane Milton and is currently vacant and in disrepair. This is being marketed primarily for its exceptional location, lot value, and redevelopment potential. Renovate and reimagine the existing structures, elevate the property approximately 12 feet to create a future coastal retreat, or start fresh with brand-new construction. Opportunities like this in Sunset Beach are increasingly rare. This location places you minutes from everything beach living has to offer waterfront dining, boating, fishing charters, dolphin cruises, parasailing, jet ski rentals, beach bars, live entertainment, and nightly sunsets over the Gulf. Whether you envision a luxury beach getaway, income-producing investment property, or a completely new coastal development project, the potential here is truly unmatched. Bring your vision and take advantage of this incredible opportunity to create something special in one of Tampa Bay’s most beloved beach communities. Photos of the exterior were taken prior to the hurricanes. The two exterior images are virtual renderings provided for inspiration only and illustrate one possible redevelopment concept with the structures elevated approximately 12 feet. Renderings are conceptual, not existing conditions, and are subject to local approvals and building requirements.

Details

MLS #TB8506601
Listing TypeFor Sale
StyleHouse
Sub-TypeFor-sale
StatusActive
Year1938
Days On Site107
Listing Provided ByREALTY BUY DESIGN | Tamara Perez

Features

Bed(s)5
Bath(s) 4 Total
SQ Feet2,016
Story(s)2
Acreage0.07

Taxes

Property6040

Area Information

StateFL
CountyPinellas
CityTREASURE ISLAND
Zip Code33706
Area33706 Pass a Grille Bch | St Pete Bch | Treasure Isl
Community NameHERRONS SUB 5
Listing VS Median (in HERRONS SUB 5)
Price:
$675,000
low | high
Med:
$675,000
50% of Average
sqft:
2,016
low | high
Med:
2,016
50% of Average
$ / sqft:
$335
low | high
Med:
$335
50% of Average
On site:
107
low | high
Med:
107
100% of Average
Sourced by Back At You

Market Activity 33706

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of August 23, 2026 at 4:16:50 PM PDT 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. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyPinellas
CityTREASURE ISLAND
Zip Code33706
Area33706 Pass a Grille Bch | St Pete Bch | Treasure Isl
Community NameHERRONS SUB 5
Listing VS Median (in HERRONS SUB 5)
Price:
$675,000
low | high
Med:
$675,000
50% of Average
sqft:
2,016
low | high
Med:
2,016
50% of Average
$ / sqft:
$335
low | high
Med:
$335
50% of Average
On site:
107
low | high
Med:
107
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $506K - $843K
sqft: 1,500 - 2,500
Listing Updated: August 18, 2026 at 2:25:12 PM PDT