Views
Address
9921 Gulf BOULEVARD, TREASURE ISLAND, FL
Price
$ 2,950,000
Property Attributes
- MLS#T3525965
- TypeCommercial
- CountyPINELLAS
- CityTREASURE ISLAND
- AreaPass a Grille Bch-St Pete Bch-Treasure Isl
- NeighborhoodBoca Ciega Pass Sub
- Zip33706
- StyleHotel/Motel
- Year Built1970
- Taxes$ 11398
- Price$ 2,950,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2328
- Lot Size0.11 Acres
Data Source:
Stellar MLS
Property Description
Exquisite Gulf Coast Retreat with Stunning Rooftop Views. Welcome to a meticulously renovated gem nestled in the heart of Florida's thriving Gulf Coast community. This extraordinary property has been transformed to maximize revenue potential and guest satisfaction, offering a seamless turn-key investment opportunity. Projected annual occupancy for this sparkling new residence is expected to near 80% with no rental restrictions, optimizing income potential benefits from a rare, grandfathered zoning for overnight accommodations, maximizing income potential and returning guest occupancy. Projected annual NOI ranges from nearly $250,000 to $312,000, with cap rates of 8%-10% or potentially higher. Proforma has been carefully & conservatively estimated with assistance of property management company, available upon request. This property is poised to deliver exceptional returns with minimal upkeep expenses, making it an ideal investment opportunity in a highly sought-after location. Step inside to discover bespoke layouts and furnishings, highlighted by a captivating spiral staircase leading to a 400 sq ft. rooftop deck with breathtaking 360-degree views of the surrounding area. No detail has been spared in the revitalization of this property, featuring brand-new HVAC systems, a TPO membrane roof, PVC plumbing, hurricane impact windows, sound-dampening drywall and flooring, upgraded electrical systems, refreshed exterior stucco/paint, and meticulously manicured landscaping with irrigation. Constructed with solid block materials resistant to humidity, water, and salt air, this property ensures low-maintenance durability. Boasting four exquisite 640 sq. ft., 1-bedroom / 1-bathroom units, each accommodating up to 4 guests comfortably, with interconnected doorways for added flexibility. Conveniently located across from public beach access, enhanced with newly installed city crosswalks for safety and convenience. The sale includes all luxury fixtures, furnishings, and guest amenities showcased in the photos, ensuring a smooth transition for the new owner. Enjoy easy access to major highways, making vibrant cities like Tampa, Sarasota, and Orlando just a 90-minute drive away. Explore St. Petersburg’s vibrant downtown area, only 15 minutes from your doorstep, offering exceptional shopping, dining, and entertainment options. Indulge in St. Pete Beach's world-renowned soft, silky sand beaches just moments away. Don't miss out—schedule your private tour today!
| Price History | |
|---|---|
| 5/15/2024 | Listed $2,950,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Central Air,Zoned |
| Utilities | Public,Water Connected |
| Roof | Membrane |
| Appliances | Dishwasher,Dryer,Microwave,Refrigerator,Washer |
| Zoning | RFM-30 |
| Security Features | Closed Circuit Camera(s),Fire Alarm,Security Lights,Touchless Entry |
| Construction Materials | Block,Stucco |
| Year Built | 1970 |
| Levels | Two |
| Property SubType | Hotel/Motel |
| Tax Year | 2023 |
| Percent Ownership | Partnership |
| Community Features | Beach Area,Sidewalks |
| County | Pinellas |
| New Construction | No |
| Property Type | Commercial Sale |
| Energy Efficient | Energy Monitoring System,Thermostat |
| Subdivision Name | BOCA CIEGA PASS SUB |
| Facing Direction | West |
| Building Features | Furnished |
| Green Indoor Air Quality | No Smoking-Interior Buildg,No/Low VOC Cabinets/Counters,No/Low VOC Flooring,No/Low VOC Paint/Finish |
| Green Water Conservation | Drip Irrigation,Water-Smart Landscaping |
| Status | Active |
| Directions | From I-275,go west on 5th Ave N.,Turn left on 66th Street,merge right onto Pasadena,Turn right on Central Ave,turn left on Gulf Blvd and go to 9921 Gulf Blvd,Treasure Island,FL 33706 |
| ModificationTimestamp | 2024-05-21T13:47:46.670Z |
| City | TREASURE ISLAND |
| Buyer Agent Compensation | 2.5%-$395 |
| Disclosures | None |
| View Y/N | No |
| MLS Area | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 4661 |
| Waterfront Y/N | No |
| Tax Annual Amount | 11398 |
| Property Condition | Completed |
| Additional Parcels Y/N | No |
| Virtual Tour | https://www.propertypanorama.com/instaview/256412/9921gulfblvd |
| Days on Market | 6 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Tax Lot | 0200 |
| Legal Description | BOCA CIEGA PASS SUB LOT 20 LESS ST |
| Water View | Bay/Harbor - Partial,Gulf/Ocean - Partial |
| Water Access Y/N | No |
| Water View Y/N | Yes |
| Flood Zone Code | AE |
Interior Features
| Basement | Other |
|---|---|
| Flooring | Luxury Vinyl,Porcelain Tile |
| Total Stories | 2 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Window Features | Blinds,Impact Glass/Storm Windows,Insulated Windows,Window Treatments |
| LivingAreaSource | Estimated |
Exterior Features
| Parking Features | 6 to 12 Spaces |
|---|---|
| Lot Features | Landscaped,Near Public Transit |
| Water Source | Public |
| Lot Size Area | 4661 |
| Foundation Details | Slab |
| Number of Buildings | 1 |
| Building Area Total | 2778 |
| Lot Size Acres | 0.11 |
| Road Surface Type | Asphalt |
| Number of Separate Electric Meters | 5 |
| Road Frontage Type | Business District,County Road,Main Throrughfare,State Road |
| Number of Lots | 1 |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 33706
Price
Taxes
Visits
Year Built
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated Last updated on June 25, 2024 7:18 PM UTC The listing information on this page last changed on Last updated on June 25, 2024 7:18 PM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on June 25, 2024 7:18 PM UTC
© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
