Rare opportunity to purchase 3 contiguous properties located directly on a beach access path in a Resort Facilities High zoning area of Treasure Island, currently generating short term rental income with multiple opportunities. 1. The property is ideal for an Owner who would like to live at the beach and rent out the remaining units for income. May be possible to increase the number of units from 8 to 11 using the current structures. The property is located in Resort zoning area of the beach to allow for short term rentals, including a minimum of one night stay. 2. Redevelop to a new condo/hotel building and earn income from rentals while in planning stages. Resort Facilities High zoning area of the beach to allow for development of a new condo / hotel. Direct Gulf views begin on 3rd floor. Currently 3 units are occupied by the owner and family, 4 units are in a vacation rental program, and one single family home is undergoing renovations.
Listing courtesy of VIEWPOINT REALTY INT'L INC.
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