8541 W Gulf Boulevard, Treasure Island, FL 33706

$2,850,000
3,998
SqFt
List Price
$2,850,000
Status
Active
Days on Market
31
MLS#
U8028161
Property Style
Hotel/Motel
Year Built
1949
Living Area
3,998
Lot Size
30,736
Acres
0.71
Total Acreage
1/2 Acre to 1 Acre
Legal Subdivision Name
Sunset Beach
MLS Area Major
Pass a Grille Bch/St Pete Bch/Treasure Isl

Property Description

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! Quick boat ride to Gulf of Mexico too! 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.

Additional Information

Taxes
$24,836
Community Features
No Deed Restriction
Heating
Electric
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Block
Pool
No Pool
Water Extras
Dock - Wood, Dock w/Electric, Dock w/Water Supply, No Wake Zone, Seawall - Concrete
Water View
Canal, Intracoastal Waterway
Water Access
Canal - Saltwater
Water Frontage
Intracoastal Waterway
Flood Zone Code
VE
Parcel ID
36-31-15-87408-002-0010
Legal Description
SUNSET BEACH UNIT 2 BLK 2, LOT 1

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX PREFERRED.

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