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Water Front
Address
8541 W GULF BOULEVARD Treasure Island, FL
Price
$ 2,850,000
Property Attributes
  • MLS#U8021495
  • TypeIncome
  • CountyPINELLAS
  • CityTreasure Island
  • AreaPass a Grille Bch-St Pete Bch-Treasure Isl
  • NeighborhoodSunset Beach
  • Zip33706
  • StyleMulti-Family
  • Year Built1949
  • Taxes24836
  • Price$ 2,850,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage3998
  • Lot Size0.71 Acres
Listing Provided Courtesy Of:
RE/MAX PREFERRED
Property Description

ATTENTION DEVELOPERS AND INVESTORS! Located on SUNSET BEACH, the southernmost jewel of Treasure Island! This prime property is ready for redevelopment. 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 lagoon off Blind Pass Waterway and no bridges to the Gulf of Mexico. DREAM TOWNHOME/CONDOMINIUM DEVELOPMENT POTENTIAL. Property currently consists of 9 unit motel/apartments with pool and dock. List price is appropriate for redevelopment and not reflected in current rental income. Currently zoning allows for short term rentals; but redevelopment triggers reverting to RM-15 (Residential Medium 15 units per acre) and 5 leases maximum per year per unit/condo/home.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
10/18/2018 Listed $2,850,000

General Features

Levels Two
MLS Area 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Property SubType Multi-Family
Property Type Residential Income
Subdivision SUNSET BEACH
Terms Cash, Conventional
Total Num Buildings 3
Total Units 9
Township 31

Interior Features

Cooling Wall/Window Unit(s)
Furnished Y/N Unfurnished
Heating Wall Units / Window Unit
Laundry Features Laundry Room
Unit Count 1
Utilities Cable Connected, Electricity Connected

Exterior Features

Building Area Total 4944.00
Construction Materials Block, Wood Frame
Exterior Features Lighting
Lot Dimensions 107x151
Lot Features In City Limits
Lot Size Acres 0.71
Lot Size Square Feet 30736
Parking Features None
Pool Features In Ground
Private Pool Y/N Yes
Roof Shingle
View Water
Water Access Type Intracoastal Waterway
Water Access Y/N Yes
Water Body Name BLIND PASS WATERWAY
Water Extras Dock - Wood, Seawall - Concrete
Water Extras Yn Yes
Water Frontage Feet ICW 80
Water View Intracoastal Waterway
Water View Y/N Yes
Waterfront Features Intracoastal Waterway
Waterfront Feet Total 80
Waterfront Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33706

Price
AVG $830K
$2.85M
Taxes
AVG $6,860
$24,836
Visits
AVG 136
117
Year Built
AVG 1949
1949

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