$4,400,000

10218 Gulf Boulevard

TREASURE ISLAND FL, 33706

Description

Package deal only! Two Gulf-front lots (10218 + 10220 Gulf Blvd) = 100ft of beach-frontage; Zoning: RFH-50. Nightly rentals are permitted. Best use: Build up to 15 condo-hotel units. The income is based on realistic projections at 70% occupancy. Stop the owner TODAY as they too are now talking with architects. The current ask price will go up as development costs are incurred. There are currently 4 structures with 7 living units that will need to be demolished. New houses are going to be built across the street, which will add value to the area.

Details

MLS#U8095854
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1925
Days On Site92

Features

SQ Feet12,950
Water FrontYes
Property ViewWater
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Area Information
StateFL
CountyPinellas
CityTREASURE ISLAND
Zip Code33706
Area33706 - Pass a Grille BchSt Pete BchTreasure Isl
Listing VS Median (in 33706)
Price:
$4,400,000
low | high
Med:
$429,000
100% of Average
SqFt:
12,950
low | high
Med:
1,005
100% of Average
$ / SqFt:
$340
low | high
Med:
$439
20.664989170595% of Average
On Site:
92
low | high
Med:
209
44.019138755981% of Average
Listing Updated: November 25, 2020 9:10:16 PM PST
Hendrik Bisanz LogoMLS Number: U8095854
Listing Provided By:
Hendrik Bisanz  of  SEASALT PROPERTIES LLC

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