Commercial Sale · Multi Family (5+)
40 77TH AVENUE, TREASURE ISLAND, FL, 33706
Active95 days on marketListed May 1, 2026MLS #TB8503945
About this property
The property at a glance
Incredible opportunity on the far South end of Sunset Beach. Located just steps from the Beach & Blind Pass Waterway. Property has been used for Multi-Generational Living plus Income for many years. The top floor has over 2700 sq. ft. of living space, currently configured as One 3 Bed/2 Bath Unit plus One 2 Bed/1 Bath Unit. Space can be reconfigured to suit your needs. The top floor features real wood floors, vaulted ceilings, wide Open Floor plan, an abundance of windows. The covered porch has over 900 sq. ft with Gulf views, enclosed with hurricane shutters. On the Ground floor there are currently Four 1 Bed/1 Bath Units plus One Efficiency Unit. Additionally on the ground floor you will find a Common Area Laundry/Storage Room and 1 Car Garage. Total square footage is 6650 sq. ft. with 5168 Heated square feet on a 57x100 lot. There are few properties of this size on Sunset Beach. This is an exceptional opportunity to bring this special property back to life or re-imagine its next chapter in this beautiful setting on Sunset Beach.The ground floor of this property was impacted by Hurricane Helene and has not be remediated. Property to be sold As Is. Sellers and selling agent make no warranties or claims regarding renovation & building potential. Buyer is responsible for confirming building potential with the City of Treasure Island. Please see virtual tour, information sheet, floor plans, aerials & photographs to see what this property has to offer.
6,650
Building sq ft
$210
Price / sq ft
0.13
Lot acres
1951
Year built
7
Units
1
Building
Multi Family (5+)
Property type
The numbers
Investment snapshot
$199,857
Price / unit
7
Units
Estimated payment (illustrative)
Estimated payment
$7,120/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Eric to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
782
Population
57
Median age
2
Avg household
$534,100
Median home value
16%
Households w/ kids
Consumer profile
This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Always thinking about their next destination, this population loves exploring new places abroad or right in their own backyard. They hold onto past trips by sharing their favorite memories and pictures year round.
Politically aware, this population is interested in civic issues on both the local and national level. They often discuss candidates for office, taxes, and political ideologies.
Seeking peace and well-being through meditation, gratitude and spirituality.
Whether it's the stress of wedding planning or looking back on that special day, this population has their eyes and hearts focused on lifelong commitment.
Recent sales
What actually sold near 40 77TH AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$925,000
5845 FAIRFIELD AVENUE S
6,384 sqft · $145/sqft · Sold Jun 26, 2026
$2,800,000
510 70TH AVENUE
7,750 sqft · $361/sqft · Sold Mar 15, 2026
$750,000
6552 GULF WINDS DRIVE
2,280 sqft · $329/sqft · Sold Mar 23, 2026
Your team
The pros in your corner
Your agent
Eric Chery
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 40 77TH AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 40 77TH AVENUE.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Eric's phone and CRM.
Listing courtesy of COMPASS FLORIDA LLC · Dawn Fader. MLS #TB8503945.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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