Price Reduction
Address
106 E Bay Drive, TREASURE ISLAND, FL
Price
$ 600,000
Property Attributes
- MLS#TB8506601
- TypeSingle Family
- Listing Status Active
- CountyPinellas
- CityTREASURE ISLAND
- AreaPass a Grille Bch/St Pete Bch/Treasure Isl
- NeighborhoodHERRONS SUB 5
- Zip33706
- StyleSingle Family Residence
- Year Built1938
- Taxes$ 6040
- Price$ 600,000
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2016
- Lot Size0.07 Acres
Data Source:
Stellar MLS
Property 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.
| Price History | |
|---|---|
| 5/8/2026 | Listed $675,000 |
| 9/8/2026 | 11$600,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central,Zoned |
| Cooling | Central Air,Zoned |
| Utilities | Public |
| Roof | Shingle |
| Appliances | None |
| Construction Materials | Stucco |
| Year Built | 1938 |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| County | Pinellas |
| New Construction | false |
| Property Type | Residential |
| Attached Garage | false |
| Subdivision Name | HERRONS SUB 5 |
| Facing Direction | South |
| Garage Y/N | false |
| Total Rooms | 3 |
| Full Baths | 4 |
| Status | Active |
| Directions | Gulf Blvd to Harrell Ave. E on Bay |
| City | TREASURE ISLAND |
| Senior Community Y/N | false |
| MLS Area | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 3019 |
| Carport Y/N | false |
| Listing Terms | Cash |
| Land Lease Y/N | false |
| Tax Annual Amount | 6040.8 |
| Additional Parcels Y/N | false |
| Lease Considered Y/N | true |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/TB8506601 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Vacant |
| Tax Lot | 30 |
| Legal Description | HERRON'S SUB NO. 5 LOT 30 |
| Minimum Lease | No Rent |
| Water Access Y/N | false |
| Water View Y/N | false |
| Flood Zone Code | AE |
| In Law Suite YN | false |
Interior Features
| Interior Amenities | Ceiling Fan(s) |
|---|---|
| Flooring | Ceramic Tile |
| Furnished Y/N | Unfurnished |
| Total Stories | 2 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Fireplace Y/N | false |
| Laundry Features | Inside |
| Total Bedrooms | 5 |
| LivingAreaSource | Public Records |
| Total Baths | 4 |
Exterior Features
| Exterior Amenities | Balcony |
|---|---|
| Water Source | Public |
| Lot Size Area | 3019 |
| Foundation Details | Slab |
| Building Area Total | 2016 |
| Lot Dimensions | 60 x 50 |
| Lot Size Acres | 0.07 |
| Road Surface Type | Paved |
| Private Pool | false |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33706
Price
Taxes
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on September 11, 2026 12:17 AM UTC
