Active

106 E Bay Drive

Treasure Island, FL 33706
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Bed 5

Bed

Bath 4

Bath

SqFt2,016

Sqft

Acres0.07

Acre(Lot)

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.

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Detail Ic Property Details

Property Type : Residential

Price : $675,000

AD Id : 78222362

MLS Id : MFRTB8506601

Beds : 5

Lot Size : 0.07 Acre

Living Area Size : 2,016

Year Built : 1938

County : Pinellas

Subdivision: Herrons Sub 5

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Feature Features

  • Bedroom Information

    Total Bedroom: 5

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Interior Features

    Ceiling Fans(s) Roof: Shingle Appliances: None Laundry Features: Inside

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Ceramic Tile Construction Materials: Stucco
  • Heating & Cooling

    Heating: Central, Zoned Cooling: Central Air, Zoned WaterSource: Public

  • Building Information

    Year Built: 1938
  • Exterior Features

    Balcony Construction Materials: Stucco Foundation Details: Slab

  • Lot Information

    Lot Dimensions: 60x50 Lot Square Feet: 3019 Lot Acres: 0.07 Lot Size (SqMt): 280

    Property Information

    Property Type: Residential Sub Type: Single Family Residence

  • Listing Price Information

    Original List Price:$675000

  • Tax Information

    Tax Block: 0 Tax Book Number: 21-20 Tax Lot: 30 Tax Legal Description: HERRON'S SUB NO. 5 LOT 30 Annual Tax: $6040.8 Tax Year: 2025 Parcel Number: 25-31-15-38394-000-0300

  • Utility Information

    Public Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: HERRONS SUB 5 City: TREASURE ISLAND Direction: Gulf Blvd to Harrell Ave. E on Bay
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7711 Bayshore Drive, Treasure Island, FL, 33706 $1,899,990 4 4 2,943 2,943 SqFt
7797 W Gulf Boulevard #12, Treasure Island, FL, 33706 $524,900 2 2 830 830 SqFt
8405 Bayshore Drive, Treasure Island, FL, 33706 $1,299,000 3 3 1,556 1,556 SqFt
8301 W Gulf Boulevard, Treasure Island, FL, 33706 $1,375,000 4 4 2,871 2,871 SqFt
15 Bellevue Drive, Treasure Island, FL, 33706 $849,900 3 2 1,966 1,966 SqFt
8403 W Gulf Boulevard, Treasure Island, FL, 33706 $749,000 1 2 844 844 SqFt
306 Bay Plz, Treasure Island, FL, 33706 $3,199,000 4 4 3,495 3,495 SqFt
8425 W Gulf Boulevard, Treasure Island, FL, 33706 $2,199,900 9 5 4,021 4,021 SqFt
8485 Blind Pass Drive, Treasure Island, FL, 33706 $1,799,900 3 2 2,076 2,076 SqFt
11180 9th Street, Treasure Island, FL, 33706 $1,275,900 2 2 1,620 1,620 SqFt
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ByOwner last updated this listing 07/23/2026 @ 06:20

MLS: MFRMLS #TB8506601 LISTED BY: Tamara Perez, REALTY BUY DESIGN 813-451-9201 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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