Property
ActiveResidential
1/60
$675,000

106 E BAY DRIVE

Treasure Island, FL 33706
5
Beds
4
Baths
2,016
SqFt
0.07
Acres
STELLAR
#TB8506601
Updated: Jun 29, 2026, 9:38pm

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.
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Included Appliances
None

Property Details

Interior
Bathrooms Total Decimal
4
Building Area Total
2016
Cooling
Central AirZoned
Flooring
Ceramic Tile
Furnished
Unfurnished
Heating
CentralZoned
Interior Features
Ceiling Fan(s)
Laundry Features
Inside
Living Area
2016
Rooms Total
3
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Stucco
Direction Faces
South
Foundation Details
Slab
Levels
Two
Living Area Source
Public Records
Living Area Units
Square Feet
Roof
Shingle
Stories Total
2
Year Built
1938
Site & Exterior
Exterior Features
Balcony
Flood Zone Code
AE
I D X Participation
Yes
Lot Size Acres
0.07
Lot Size Area
3019
Lot Size Dimensions
60 x 50
Lot Size Square Feet
3019
Lot Size Units
Square Feet
Public Survey Range
15
Public Survey Section
25
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
Public
Water Source
Public
Financials
Calculated List Price By Calculated Sq Ft
334.82
Contract Status Change Date
2026-05-08
Current Price
675000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
No Rent
Owner Name
HEY VACAY INC (TE)
Ownership
Fee Simple
Parcel Number
253115383940000300
Public Survey Township
31
Tax Annual Amount
6040.8
Tax Book Number
21-20
Tax Legal Description
HERRON'S SUB NO. 5 LOT 30
Tax Lot
30
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Subdivision Name
HERRONS SUB 5
Listing provided courtesy of STELLAR via IDX. Updated: Jun 29, 2026, 9:38pm.
Tamara Perez

Listing Agent

REALTY BUY DESIGN

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