345 Capri Blvd., Treasure Island, FL 33706

4 Units, One 3 bedroom 3 Bath unit, Two 1 Bedroom 1 Bath units and one 2 bedroom 1 Bathroom unit. Located on the water with 4 yacht size slips. 3/3 unit is owner occupied. All units are rented month to month, so new leases can be negotiated. The Net Operating income and sales price is without boat slips, is $64,000 a year. Add the rental of owner occupied unit of $3,000 a month & slip rentals and it goes up to over 90,000 and more. No deferred maintenance as everything has already been done. Over $350,000 in improvements! all impact doors and windows, room for a garage, completely updated, each have deep sailboat slip, with water and separate electric. Located in beautiful Treasure Island Florida on the water in protected cove within 5 minutes of John's Pass by boat. Good Cap rate for this property add slips and it's up from there. Insurance is reasonable because building is up to code.