9921 Gulf BOULEVARD Treasure Island, FL $ 2,950,000
9921 Gulf BOULEVARD
$ 2,950,000
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9921 Gulf BOULEVARD

Treasure Island, FL, 33706
$ 2,950,000
Baths0.0 Sq 2,328

Monthly Estimate*

$ 19,607

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Studio

Commercial Property for sale in Treasure Island, FL

for $2,950,000. This 2,328 square foot building was built in 1970 on a lot size of 0.11.

Exquisite Gulf Coast Retreat with Stunning Rooftop Views. Welcome to a meticulously renovated gem nestled in the heart of Florida's thriving Gulf Coast community. This extraordinary property has been transformed to maximize revenue potential and guest satisfaction, offering a seamless turn-key investment opportunity. Projected annual occupancy for this sparkling new residence is expected to near 80% with no rental restrictions, optimizing income potential benefits from a rare, grandfathered zoning for overnight accommodations, maximizing income potential and returning guest occupancy. Projected annual NOI ranges from nearly $250,000 to $312,000, with cap rates of 8%-10% or potentially higher. Proforma has been carefully & conservatively estimated with assistance of property management company, available upon request. This property is poised to deliver exceptional returns with minimal upkeep expenses, making it an ideal investment opportunity in a highly sought-after location. Step inside to discover bespoke layouts and furnishings, highlighted by a captivating spiral staircase leading to a 400 sq ft. rooftop deck with breathtaking 360-degree views of the surrounding area. No detail has been spared in the revitalization of this property, featuring brand-new HVAC systems, a TPO membrane roof, PVC plumbing, hurricane impact windows, sound-dampening drywall and flooring, upgraded electrical systems, refreshed exterior stucco/paint, and meticulously manicured landscaping with irrigation. Constructed with solid block materials resistant to humidity, water, and salt air, this property ensures low-maintenance durability. Boasting four exquisite 640 sq. ft., 1-bedroom / 1-bathroom units, each accommodating up to 4 guests comfortably, with interconnected doorways for added flexibility. Conveniently located across from public beach access, enhanced with newly installed city crosswalks for safety and convenience. The sale includes all luxury fixtures, furnishings, and guest amenities showcased in the photos, ensuring a smooth transition for the new owner. Enjoy easy access to major highways, making vibrant cities like Tampa, Sarasota, and Orlando just a 90-minute drive away. Explore St. Petersburg’s vibrant downtown area, only 15 minutes from your doorstep, offering exceptional shopping, dining, and entertainment options. Indulge in St. Pete Beach's world-renowned soft, silky sand beaches just moments away. Don't miss out—schedule your private tour today!

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Commercial Active

Price

$ 2,950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 11,398

Style

Hotel/Motel

Lot Size

0.11

Year Built

1970

Town/City

Treasure Island

County/Region

Pinellas

MLS | Web ID

T3525965

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air Zoned
Utilities Public Water Connected
Roof Membrane
Appliances Dishwasher Dryer Microwave Refrigerator Washer
Zoning RFM-30
Security Features Closed Circuit Camera(s) Fire Alarm Security Lights Touchless Entry
Construction Materials Block Stucco
Year Built 1970
Levels Two
Property SubType Hotel/Motel
Tax Year 2023
Percent Ownership Partnership
Community Features Beach Area Sidewalks
County Pinellas
New Construction No
Property Type Commercial Sale
Energy Efficient Energy Monitoring System Thermostat
Subdivision Name BOCA CIEGA PASS SUB
Facing Direction West
Building Features Furnished
Green Indoor Air Quality No Smoking-Interior Buildg No/Low VOC Cabinets/Counters No/Low VOC Flooring No/Low VOC Paint/Finish
Green Water Conservation Drip Irrigation Water-Smart Landscaping
Status Active
Directions From I-275 go west on 5th Ave N. Turn left on 66th Street merge right onto Pasadena Turn right on Central Ave turn left on Gulf Blvd and go to 9921 Gulf Blvd Treasure Island FL 33706
City TREASURE ISLAND
Buyer Agent Compensation 2.5%-$395
MLS Area 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Lot Size Square Feet 4661
Waterfront Y/N No
Street Name Gulf
Listing Terms Cash Conventional Other
Tax Annual Amount 11398
Property Condition Completed
Public Remarks Exquisite Gulf Coast Retreat with Stunning Rooftop Views. Welcome to a meticulously renovated gem nestled in the heart of Florida's thriving Gulf Coast community. This extraordinary property has bee
Virtual Tour https://www.propertypanorama.com/instaview/256412/9921gulfblvd
Days on Market 6
Standard Status Active
Tax Lot 0200
Legal Description BOCA CIEGA PASS SUB LOT 20 LESS ST
Water View Bay/Harbor - Partial Gulf/Ocean - Partial
Water Access Y/N No
Water View Y/N Yes
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Interior
Basement Other
Flooring Luxury Vinyl Porcelain Tile
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Blinds Impact Glass/Storm Windows Insulated Windows Window Treatments
Street Suffix BOULEVARD
Total Baths 0
Living Area Units Square Feet
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Exterior
Parking Features 6 to 12 Spaces
Lot Features Landscaped Near Public Transit
Water Source Public
Lot Size Area 4661
Foundation Details Slab
Number of Buildings 1
Building Area Total 2778
Lot Size Acres 0.11
Road Surface Type Asphalt
Lot Size Units Square Feet
Road Frontage Type Business District County Road Main Throrughfare State Road
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* Excluded Features
List By
The Rand Wilson Group

Broker

bzbeltz@gmail.com

Email

Affordability Calculator

$20,556
Per Month
95%
5%
0%
Monthly Principal & Interest
$19,607
Monthly Property Taxes
$950
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/15/2024$2,950,000 Listed Price

Map


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9921 Gulf BOULEVARD, Treasure Island, FL, 33706 is a Commercial Property for sale at $2,950,000 with 2,328 sqft and a lot size of 0.11. 9921 Gulf BOULEVARD is a studio with 0.0 baths and was built in 1970. The property's zip code is 33706 which is in Treasure Island, FL