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12412 Lagoon Lane

Treasure Island, FL 33706

3 beds
3 baths
1,846 sqft
7,941 sqft lot
$698 per sqft
1954 build
– on site

TRIPLEX ON THE WATER...Investors Investors Investors...Location Location Location !!! This waterfront triplex offers an unparalleled opportunity for investors and dreamers alike. If I was developing the property, I would build (3) 4 bed/4 bath condos with 3 boat slips, that = $$$ With ample covered parking underneath. This Triplex is within walking distance, bike/boat ride to John's pass and 2 blocks from the beautiful white sands of Treasure Island Beach. This is an investor's dream. with several options. You can work on restoring the current structure, you can build your dream home on the water, or to maximize your ROI (return on investment) you can Rebuild UP and build up to 3 units. I have already done the months of research and been approved in writing by Treasure Island Zoning to build up to 3 units on this property. There is also room for a couple boat slips, which, in-itself is in high demand in this area. At this current listing price, it's a no brainer... Don't wait, seize the moment... With direct waterfrontage on Boca Ciega Bay, this property offers stunning water views and an exclusive coastal lifestyle. Ideal for anyone seeking to embrace the tranquility of the water. The current triplex configuration allows for multiple income-generating opportunities—whether renting out individual units, converting the property into a luxury single-family home, or even expanding it. The versatility of the space makes it appealing to a variety of buyers, from investors to those wanting a dream home. Just a short walk from the pristine Treasure Island Beach, this home gives you the best of both worlds—bayfront living and easy access to beach activities, shopping, dining, and entertainment. Treasure Island is a sought-after destination for those seeking a laid-back yet vibrant lifestyle, with easy access to downtown St. Petersburg, local parks, and various recreational opportunities.

Listing courtesy of STELLAR_MLS / EXP REALTY LLC

Last checked: Checking… • Last updated Apr 27, 2025 •

MLS# TB8371218 —

The Building

Year Built:

1954
New Construction:

false
Construction Materials:

Block
Levels:

One
Stories Total:

1
Roof:

Other
Foundation Details:

Slab
Building Area Total:

1846
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ninguno
Flooring:

Concrete
Fireplace:

false

Room Dimensions

Living Area:

1846
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

To reach 12412 Lagoon Lane in Treasure Island, Florida, from Tampa International Airport (TPA), follow these directions: 1. Depart from Tampa International Airport: 2. Continue on I-275 South: 3. Exit toward Treasure Island: 4. Merge onto 5th Avenue North (FL-595): 5. Turn onto 66th Street North (FL-693): 6. Continue onto Pasadena Avenue North (FL-693): 7. Turn onto 1st Avenue South: 8. Turn onto Park Street South: 9. Continue onto Central Avenue (CR 150): 10. Proceed onto Treasure Island Causeway (CR 150): Continue straight onto Treasure Island Causeway (CR 150). Cross the bridge onto Treasure Island; this stretch is approximately 0.9 miles. 11. Arrive at 12412 Lagoon Lane: After crossing the causeway, turn left onto 125th Avenue. Then, turn left onto Lagoon Lane. Your destination, 12412 Lagoon Lane, will be on the left.
Latitude:

27.779809
Longitude:

-82.779429
Coordinates:

-82.779429, 27.779809

The Property

Parcel Number:

153115177840090100
Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Size Acres:

0.18
Lot Size Area:

7941
Lot Size SqFt:

7941
Lot Size Dimensions:

50 x 150
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Direction Faces:

Northeast
View:

false
Exterior Features:

Sidewalk
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

AE
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

10
Tax Block:

9
Tax Legal Description:

CONEY ISLAND BLK 9, LOT 10 & NW 5FT OF LOT 11 & PT OF VAC LAGOON DR ADJ ON E PER O.R. 7372/ 1717 (SEE MAP NNE 22-31-15)
Tax Book Number:

5-34
Tax Annual Amount:

$12,233.54

Beds

Bedrooms Total:

3

Baths

Total Baths:

3
Total Baths:

3
Full Baths:

3

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

None
Cooling:

false

Utilities

Utilities:

Public
Sewer:

Public Sewer

Appliances

Appliances:

None
Laundry Features:

None

The Community

Subdivision Name:

CONEY ISLAND
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Monthly cost estimate

Asking price

$1,290,000

Expense	Monthly cost
Mortgage	$6,907
Taxes	$1,019
Insurance	$354
Utilities	$203 See report
Total	$8,483/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/7/25 Apr 7, 2025	Listed / Active	STELLAR_MLS	$1,290,000	75.5%
1/24/25 Jan 24, 2025		STELLAR_MLS	$735,000	-8.0%
12/29/24 Dec 29, 2024		STELLAR_MLS	$799,000

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This house located in Isle of Capri, Treasure Island, FL 33706 is currently for sale for $1,290,000. 12412 Lagoon Lane is a 1,846 square foot house with 3 beds and 3 baths that has been on Estately for 22 days. 12412 Lagoon Lane is in the Isle of Capri neighborhood of Treasure Island and has a WalkScore® of 44, making it car-dependent. This house is in the attendance area of Boca Ciega High School.

Listing Courtesy of: STELLAR_MLS and EXP REALTY LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.