106 E BAY DRIVE TREASURE ISLAND, FL 33706

update time: 08/18/2026 18:00:14

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.

Gulf Blvd to Harrell Ave. E on Bay

Property Details

Nearby Properties

Single Family Residence Active

111 91ST AVENUE TREASURE ISLAND, FL 33706

4 Beds0/2Baths3,739sqft2005 built

$1,449,000.00

Single Family Residence Active

8685 E BAY DRIVE TREASURE ISLAND, FL 33706

3 Beds1/2Baths5,060sqft1994 built

$2,550,000.00

Single Family Residence Active

3196 HAWKS RIDGE DRIVE LAKELAND, FL 33810

4 Beds0/2Baths3,392sqft2004 built

$484,000.00

Condominium Active

8567 W GULF BOULEVARD UNIT 3N ST PETERSBURG, FL 33706

1 Beds0/1Baths480sqft1972 built

$295,000.00

Townhouse Active

135 92ND AVENUE UNIT 5 TREASURE ISLAND, FL 33706

2 Beds1/3Baths1,520sqft1982 built

$795,000.00

Townhouse Active

8575 SUNSET COURT TREASURE ISLAND, FL 33706

4 Beds1/3Baths2,713sqft2001 built

$1,475,000.00

Condominium Active

6311 NEWTOWN CIRCLE UNIT 11B2 TAMPA, FL 33615

2 Beds1/2Baths1,260sqft1979 built

$125,000.00

Single Family Residence Active

130 86TH TERRACE TREASURE ISLAND, FL 33706

6 Beds0/4Baths2,822sqft1946 built

$1,200,000.00

Single Family Residence Active

3220 FISH HAWK DRIVE POLK CITY, FL 33868

1 Beds0/1Baths2,072sqft2019 built

$399,000.00

Condominium Active

3711 W IOWA AVENUE UNIT 214 TAMPA, FL 33611

2 Beds0/2Baths910sqft1990 built

$189,900.00

Single Family Residence Active

5060 STARLING DRIVE MULBERRY, FL 33860

3 Beds0/2Baths2,035sqft1975 built

$299,000.00

Single Family Residence Active

1230 MOTORCOACH DRIVE POLK CITY, FL 33868

2 Beds0/2Baths2,853sqft2005 built

$479,000.00

Single Family Residence Active

1036 N MISSOURI AVENUE LAKELAND, FL 33805

2 Beds0/1Baths1,092sqft1935 built

$159,000.00

Single Family Residence Active

125 95TH AVENUE TREASURE ISLAND, FL 33706

3 Beds0/2Baths1,183sqft1928 built

$525,000.00

Single Family Residence Active

7011 DAVIN STREET LAKELAND, FL 33813

4 Beds0/2Baths1,979sqft1964 built

$386,000.00

Single Family Residence Active

123 S WIGGINS ROAD PLANT CITY, FL 33566

4 Beds1/2Baths2,816sqft2007 built

$799,000.00

Single Family Residence Active

118 92ND AVENUE TREASURE ISLAND, FL 33706

4 Beds0/2Baths1,246sqft1944 built

$699,000.00

Condominium Active

3101 BAYSHORE BOULEVARD UNIT 2501 TAMPA, FL 33629

4 Beds1/5Baths6,739sqft2024 built

$6,499,000.00

Single Family Residence Active

8680 W GULF BOULEVARD TREASURE ISLAND, FL 33706

3 Beds1/3Baths3,353sqft1994 built

$3,749,500.00

Single Family Residence Active

101 95TH AVENUE TREASURE ISLAND, FL 33706

2 Beds0/1Baths863sqft1925 built

$300,000.00