Charming motel/apartment complex Located on SUNSET BEACH, the southernmost jewel of Treasure Island! Prime property nestled in a residential beach town neighborhood and across a 2 lane road to the Gulf of Mexico and miles of beach to wander. RARELY do you find a parcel this large on Sunset Beach. WATERFRONT LOCATION WITH 80' OF SEAWALL on a protected waterfront on Blind Pass Waterway and no bridges to the Gulf of Mexico! All units are updated and in great condition. DREAM TOWNHOME/CONDOMINIUM DEVELOPMENT POTENTIAL. Property currently consists of 9 unit apartments, pool, dock, large parking lot and open land. List price is appropriate for redevelopment and not reflected in current rental income. Property is grandfathered in and allows SHORT TERM LEASING. Steps to the sand, beach restaurants, bars and live entertainment.
Listing courtesy of RE/MAX PREFERRED.
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