$4,400,000
10218 Gulf Boulevard,
TREASURE ISLAND FL, 33706
Description
Package deal only! Two Gulf-front lots (10218 + 10220 Gulf Blvd) = 100ft of beach-frontage; Zoning: RFH-50. Nightly rentals are permitted. Best use: Build up to 15 condo-hotel units. The income is based on realistic projections at 70% occupancy. Stop the owner TODAY as they too are now talking with architects. The current ask price will go up as development costs are incurred. There are currently 4 structures with 7 living units that will need to be demolished. New houses are going to be built across the street, which will add value to the area.
Details
| MLS# | U8095854 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 152 |
Features
| SQ Feet | 12,950 |
|---|---|
| Water Front | Yes |
| Property View | Water |
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| Area Information | |
|---|---|
| State | FL |
| County | Pinellas |
| City | TREASURE ISLAND |
| Zip Code | 33706 |
| Area | 33706 - Pass a Grille BchSt Pete BchTreasure Isl |
| Listing VS Median (in 33706) | |
Price: $4,400,000 low | high Med: $425,000 SqFt: 12,950 low | high Med: 754 $ / SqFt: $340 low | high Med: $564 On Site: 152 low | high Med: 45 | |
Listing Updated: January 4, 2021 2:50:48 AM PST
MLS Number: U8095854Listing Provided By:
Hendrik Bisanz of SEASALT PROPERTIES LLC