BACK ON MARKET, Triplex Opportunity on Sunset Beach! This Triplex offers the perfect blend of beachside lifestyle and high rental returns, in Treasure Island’s most sought-after beach communities. The two-story property delivers flexible living & income OR income from all three. Upper 2BR/1BA: Fully furnished and spacious with an updated & stocked kitchen, newer HVAC & water heater, bright and spacious floor plan, comfortable living room, plus a bright sunroom for year-round relaxation. Currently rented and turnkey. Two Lower Efficiencies: Each with kitchens, full baths, mini-splits, and proven rental demand—ideal for someone that doesn’t mind a little sweat equity for a huge return. Additional highlights include a newer elevated paver driveway, 4 electrical panels (1 per unit + owner’s), exterior washer & dryer hookups, owner closets, keyless entries, and consistent rental history. Live the dream by keeping one unit for yourself while generating strong income from the others—OR maximize ROI by renting all 3! With its unbeatable location near Caddy’s, Ka’Tiki, and the beach, this Sunset Beach triplex is the definition of opportunity meets lifestyle.
For sale
Price cut: $25K (12/13)
$600,000
205 Bay Plz, Treasure Island, FL 33706
2beds
3baths
1,791sqft
Est.:
Triplex, Multi Family
Built in 1947
-- sqft lot
$575,000 Zestimate®
$335/sqft
$-- HOA
What's special
Bright sunroomUpdated and stocked kitchenNewer elevated paver driveway
- 102 days |
- 741 |
- 53 |
Zillow last checked: 8 hours ago
Listing updated: December 17, 2025 at 09:12am
Listing Provided by:
Stacy Allen 770-367-9659,
KELLER WILLIAMS ST PETE REALTY 727-894-1600
Source: Stellar MLS,MLS#: TB8426169
Originating MLS: Suncoast Tampa
Originating MLS: Suncoast Tampa
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Laundry: Electric Dryer Hookup, Outside, Washer Hookup
Features
- Ceiling Fan(s), Eating Space In Kitchen, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs
- Has fireplace: No
- Furnished: Yes
Interior area
- Total interior livable area: 1,791 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway, Oversized, Parking Pad
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 2,679 Square Feet
- Dimensions: 55 x 51
Details
- Additional structures: Outbuilding
- Parcel number: 253115384480000300
- Special conditions: Probate Listing
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Block, Wood Frame
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Fishing, Intracoastal Waterway, Water Access, Dog Park, Golf Carts OK, Restaurant
- Subdivision: HERRONS SUB 8
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Treasure Island
Financial & listing details
- Price per square foot: $335/sqft
- Tax assessed value: $695,000
- Annual tax amount: $8,945
- Date on market: 9/12/2025
- Cumulative days on market: 45 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$575,000
$546,000 - $604,000
$4,378/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/13/2025 | Price change | $600,000-4%$335/sqft |
Source:  Stellar MLS #TB8426169 Report a problem | ||
| 11/7/2025 | Pending sale | $625,000$349/sqft |
Source: Stellar MLS #TB8426169 Report a problem | ||
| 10/16/2025 | Price change | $625,000-3.8%$349/sqft |
Source: Stellar MLS #TB8426169 Report a problem | ||
| 10/3/2025 | Listed for sale | $650,000$363/sqft |
Source: Stellar MLS #TB8426169 Report a problem | ||
| 9/18/2025 | Pending sale | $650,000$363/sqft |
Source: Stellar MLS #TB8426169 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,946 +6.5% | $474,778 +10% |
| 2023 | $8,399 +19.1% | $431,616 +10% |
| 2022 | $7,054 +9.1% | $392,378 +10% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,985/mo
Principal & interest
$2870
Property taxes
$905
Home insurance
$210
Climate risks
Neighborhood: 33706
Nearby schools
GreatSchools rating
- 5/10Azalea Elementary SchoolGrades: PK-5Distance: 2.8 mi
- 3/10Azalea Middle SchoolGrades: 6-8Distance: 3.1 mi
- 4/10Boca Ciega High SchoolGrades: 9-12Distance: 3.2 mi
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