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12035 Gulf Boulevard

Treasure Island, FL 33706
$1,995,000
0.24
Acres
3,434
SQFT
581
$/SQFT
$1,995,000
3,434
  sf
$581 / sf
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12035 Gulf Boulevard

Treasure Island, FL 33706
$1,995,000
active
1/37
Street View
Street View

Wow, Treasure Island turn key vacation rental motel. Virtually every inch of this property has been polished with the beauty of it feeling like home. It is owner operated and they have renovated the rooms with fashion, design and style. Outside, the property is immaculate and gorgeous with the beach across the street. There is 10 motel/studio units with the owner's quarters and office. The license states 13 units which the owners quarters could be converted to rentals. With 13 parking spaces on 3 lots (less road) this is a 10,302 square foot property and the zoning requirements for new construction should be verified with the city. New construction could have a Gulf view. The property gross is approximately $305,000 a year and has room for increase with the popularity of Treasure Island beaches. The drive by traffic on Gulf Blvd. is financially key exposure. Insurance is approximately $11,500. Come and be part of the "island living" experience with an income property. (Buyers are responsible to verify information on this property and listing.)

0.24
Acres
3,434
SQFT
581
$/SQFT
MLS#: U8010585
Listed by Charles Rutenberg Realty Inc
$1,995,000
3,434
  sf
$581 / sf
Favorite

Wow, Treasure Island turn key vacation rental motel. Virtually every inch of this property has been polished with the beauty of it feeling like home. It is owner operated and they have renovated the rooms with fashion, design and style. Outside, the property is immaculate and gorgeous with the beach across the street. There is 10 motel/studio units with the owner's quarters and office. The license states 13 units which the owners quarters could be converted to rentals. With 13 parking spaces on 3 lots (less road) this is a 10,302 square foot property and the zoning requirements for new construction should be verified with the city. New construction could have a Gulf view. The property gross is approximately $305,000 a year and has room for increase with the popularity of Treasure Island beaches. The drive by traffic on Gulf Blvd. is financially key exposure. Insurance is approximately $11,500. Come and be part of the "island living" experience with an income property. (Buyers are responsible to verify information on this property and listing.)

  • Neighborhood
  • Type
  • Tax Amount
    $7,944
  • Status
    Active
  • MLS#
    U8010585
  • Built
    1952
  • Lot Size
    0.24
  • Listed on site
    256 days

Listed by:
Charles Rutenberg Realty Inc

Source:
MFRMLS

Click for Map

Property details

Community Features

  • No HOA

Property Features

  • Sewer

Exterior features

  • No Pool
  • Parking
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