




119 125TH AVE
Treasure Island, Pinellas, FL, 33706
Active$549,000
$434/sqft
About this home
Live the beach lifestyle while enjoying rental income from two additional units! Tucked away on quiet Lagoon Lane in Treasure Island, this fully renovated property offers a fantastic opportunity to own three separate living spaces just steps from everything that makes this coastal community so special. The property features a duplex in the front and a separate studio in the back, offering flexibility for an owner-occupant or investor. Live in one unit while collecting rental income from the other two, or take advantage of the income potential of all three. Both units in the front duplex feature loft spaces, providing ample additional storage. Recent improvements include a metal roof and newly installed mini-split AC systems in the front duplex, plus tankless water heaters in all three units, adding comfort, efficiency, and long-term value. Just one block from Gulf Boulevard, you are approximately a five-minute walk from having your toes in the sand! Take a quick stroll across the John's Pass Bridge for dolphin watching, waterfront dining, shopping, and entertainment, then return home to the peaceful setting of Lagoon Lane. Two units are currently occupied by wonderful tenants, providing an opportunity for immediate rental income. Please respect their privacy and do not disturb occupants.
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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. HAPPY HOMES PROPERTY MANAGEMEN is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.
1 day on market
Listed by: Ashley Mitchell · 407-353-5344—HAPPY HOMES PROPERTY MANAGEMEN · 727-300-9211
Updated from Real Estate Market Data
MLS/IDX data last updated: October 24, 2026 2:03 PM . All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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