11160 1st Street E, Treasure Island, FL 33706

$1,999,999
9,252
SqFt
List Price
$1,999,999
Status
Active
Days on Market
642
MLS#
U7823299
Property Style
Hotel/Motel
Year Built
1956
Living Area
9,252
Lot Size
15,900
Acres
0.36
Total Acreage
1/4 Acre to 21779 Sq. Ft.
Development Name
Black Pearl Of Ti
MLS Area Major
Pass a Grille Bch/St Pete Bch/Treasure Isl

Property Description

Waterfront Motel/Apt. Complex.......This is your chance to own and operate a fantastic motel on the intracoastal waterways, all while living the Fantastic Florida Lifestyle! Please note this is 2 parcels combined into one property therefore all taxes, sizes, etc are combined. Seller will not separate. This property consists of 1- 3 bedroom owners unit, 1- 2 bedroom unit, 8- 1 bedroom units, 3 efficiency units, and 1 office. In addition, you have a fantastic swimming pool overlooking the water, a pool bath complete with shower, vanity, and changing area, an outdoor pool shower, beautiful bbq area on the outdoor patio deck. Additional income potential is provided from your coin operated laundry facilities as well as a current/perpetual EPA lease of 8 deep water (sailboat accessible) boat slips! In addition, this property is located just 1 block from the Treasure Island Public Beach and Snackbar!

Additional Information

Taxes
$13,742
Location
Flood Insurance Required, FloodZone, Street Paved, Waterfront
Community Features
Beach Area, No Deed Restriction
Floor
Carpet, Laminate, Tile
Utilities
BB/HS Internet Capable, Cable Available, Electricity Connected, Public
Heating
Central Individual, Wall Units / Window Unit
Air Conditioning
Central Air, Wall/Window Unit(s)
Exterior Construction
Stucco
Roof
Tile
Pool
No Pool
Garage Features
13 to 18 Spaces
Water Extras
Bridges - No Fixed Bridges, Dock - Open, Dock - Wood, Dock w/Electric, Dock w/Water Supply, No Wake Zone, Sailboat Water, Seawall - Concrete
Water View
Beach, Gulf/Ocean - Partial, Intracoastal Waterway
Water Access
Beach - Public, Intracoastal Waterway
Water Frontage
Intracoastal Waterway
Pets
Allowed
Flood Zone Code
AE
Parcel ID
23-31-15-43470-006-0920
Legal Description
ISLE OF PALMS BLK F, LOTS 92 AND 93 & 3 FT STRIP RESERVED TOGETHER WITH TIIF SLL #520338403 O.R. 17461/616 EXP 7/6/2016 (AND SECOND PARCEL) ISLE OF PALMS BLK F, LOT 91 & 3FT STRIP RESERVED TOGETH WITH TIIF SLL #520338403 O.R. 17461 PG 616 EXP 7/6/2016

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of MJ Homes Realty Corp.

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