8541 W Gulf Boulevard
TREASURE ISLAND, FL 33706

$2,479,000

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.

Details

MLS#U8028161
StyleIndustrial
Sub-TypeResale
StatusActive
Year1949
Days On Site209

Features

SQ Feet4,944
Story(s)1

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Area Information

StateFL
CountyPinellas
CityTREASURE ISLAND
Zip Code33706
Area33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Listing VS Median (in 33706)
Price:
$2,479,000
low | high
Med:
$453,950
100% of Average
SqFt:
4,944
low | high
Med:
835
100% of Average
$ / SqFt:
$501
low | high
Med:
$544
41.576485592752% of Average
On Site:
209
low | high
Med:
321
65.109034267913% of Average
Listing Updated: 07/13/2019
MLS Number: U8028161
Listing Provided By:
Carol Giovannoni  of  RE MAX PREFERRED

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