new - 1 day on rocket

12116 Lagoon Ln, Treasure Island, FL, 33706

$1,850,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,634 SqFt
$1,132/SqFt
House

Location

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12116 Lagoon Ln, Treasure Island$1,850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Door Opener, Golf Cart Parking, Ground Level, Off Street, Oversized, Parking Pad, Tandem, Under Building
Attached Garage6 spaces
Year Built2016
HeatingCentral, Electric
CoolingCentral Air
WaterfrontBay
ViewWater
MLS #TB8336380
Lot Size0.12 Acres
StatusActive

About 12116 Lagoon Ln

This Coastal Home is a boater's dream in a protected Lagoon on the Intracoastal Waterway with direct access to the Gulf of Mexico. The Key West Style home is wrapped in porches, capturing salty breezes for an endless vacation vibe. This waterfront beach house is found on a corner lot with both sunrise and sunset views. An open floor plan includes a living room with built in shelving for media, entertainment and personal treasures. The dining area provides a large gathering space while the kitchen has a center island with breakfast bar, open shelving for glassware, a wine nook, and a large pantry for storing dry goods and small appliances. Sand colored granite countertops float above white shaker cabinets with abundant prep and storage space. Take indoor living outside through sliding doors to the covered waterfront living area. All on one living level, the Primary Suite has French doors to the westward porches to delight in sunset skies and nightcaps. The ensuite bath has been updated with large vanity and a gorgeous, tiled steam shower. No need to share a closet, you can each have your very own! The second bedroom also has French doors to the sunset porch to let in the natural light. The third bedroom offers flexibility for residents, guests or a home office. This Custom home has gorgeous eucalyptus flooring and 9’ ceilings throughout, 6” crown moldings, thoughtful built-in features, designer hardware and fixtures – this is a truly special home. While the living area has ample storage space, there is also a large garage with room for several vehicles, golf carts, bicycles, beach toys and fitness area. Take your kayaks and paddleboards right out the back door. The waterfront has a deep-water dock with power, water and even an outdoor shower. Sailboat water, in a no wake zone, has direct access to the Gulf of Mexico via John’s Pass. The back yard oasis has a covered lanai for BBQ and al fresco dining or chilling out in the shade. Tropical palms and bamboo surround the space for privacy, leaving room for a pool. Beach access is just two blocks away with a crosswalk at Gulf Boulevard and 123rd Avenue. Custom built in 2016 at 14’ above sea level, this home is a fortress, exceeding FEMA requirements with impact glass windows and doors, metal roof, and reinforced engineering. This home is offered fully furnished, Move-in Ready with Motivated Sellers!

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal, Elevated, Florida, Key West
  • Year Built: 2016
  • Stories: 2
  • Living Area: 1,634 SqFt

Listing Office:

  • Office Name: SMITH & ASSOCIATES REAL ESTATE
  • Office Phone: (727) 342-3800
  • Listing Agent: Tia Hockensmith

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Flooring Type: Ceramic Tile, Other, Wood
  • Interior: Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Stone Counters, Thermostat, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Bay
  • View: Water
  • Exterior: Balcony, Irrigation System, Outdoor Shower, Private Mailbox

Parking Information:

  • Garage Space: 6 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage Door Opener, Golf Cart Parking, Ground Level, Off Street, Oversized, Parking Pad, Tandem, Under Building

Lot Features

Lot Information:

  • Lot: Corner Lot, Flood Zone, City Lot, Landscaped, Level, Near Public Transit, Paved
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Gulf Boulevard, turn east on 122nd Avenue to the end, right on Lagoon Lane, the home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,850,000
  • Price Per SqFt: $1,132/SqFt

Tax Information:

  • Annual Amount: $5,914
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Treasure Island, FL.

Med. Sold Price

$750K

Med. Price/SqFt

$546

Avg. Days On Market

34

# of Sold Homes

19

12116 Lagoon Ln vs Treasure Island

1 DAY ON ROCKET

-33 Days

$1,850,000

+$1.1M More

$1,132/SqFt

+$585 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $585/SqFt more than other homes in Treasure Island, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #TB8336380

Listing Office:

  • Office Name: SMITH & ASSOCIATES REAL ESTATE
  • Office Phone: (727) 342-3800
  • Listing Agent: Tia Hockensmith

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by 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.

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/11/2025, 1:20:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 12, 2004Home Sold
$360,000
Aug 10, 2004Home Sold
$385,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,914$378,850
2019$5,823$370,332
2018$5,699$363,427
2017$5,636$355,952

History based on county public records data.

Payment Calculator

$9,301

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,613

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1902661
5
/10
  • Azalea Elementary

  • 1680 74th St N

  • 2.35 miles

  • Public District Grades PK-5

school-card-donut-1902662
9
/10
  • Gulf Beaches Elementary Magnet School

  • 8600 Boca Ciega Dr

  • 2.38 miles

  • Public Magnet Grades KG-5

school-card-donut-1902663
9
/10
  • Pasadena Fundamental Elementary School

  • 95 72nd St N

  • 2.51 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,043. Typical income of Treasure Island, FL residents is less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12116 Lagoon Ln

What is the listing price of this property?

The listing price of 12116 Lagoon Ln property is $1,850,000.

What type of property is this?

The property 12116 Lagoon Ln is a house located in Treasure Island, Florida, 33706.

Is this property for sale now?

Active Listing: 12116 Lagoon Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,914 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 12, 2004 for $360,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 12116 Lagoon Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 12116 Lagoon Ln is 1,634 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12116 Lagoon Ln is 2016.

Rocket HomesFloridaPinellas CountyTreasure Island3370612116 Lagoon Ln

This home is located at 12116 Lagoon Ln in Treasure Island, FL and zip code 33706 in the Treasure Island Downtown neighborhood. This 1,634 square foot home, which was built in 2016, sits on a 0.12 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 09, 2025 and is currently priced at $1,850,000.

Treasure Island, FL housing market in December 2024 saw over 2 listings sold above listed price, more than 1 sold at listed price and over 16 sold below. The inventory of homes for sale in Treasure Island, FL between November 2024 and December 2024 increased by 8%. While the average time on the market in December 2024 was 34 days, the median list price was $750,000.

From Rocket Homes Real Estate and based on county public records data.

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