10218 Gulf Boulevard, Treasure Island, FL 33706
- $2,900,000
- 6
- BD
- 5
- BA
- 3,037
- SqFt
- List Price
- $2,900,000
- Status
- Active
- Days on Market
- 0
- MLS#
- TB8549492
- Property Style
- Quadruplex
- Year Built
- 1925
- Bedrooms
- 6
- Bathrooms
- 5
- Living Area
- 3,037
- Lot Size
- 6,500
- Acres
- 0.15
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Sawyer & Harrells Add
- MLS Area Major
- Pass a Grille Bch/St Pete Bch/Treasure Isl
Property Description
RARE GULF-FRONT HOTEL-ZONED OPPORTUNITY IN TREASURE ISLAND! Located directly on the Gulf of Mexico, 10218 Gulf Blvd offers approximately 50 feet of Gulf frontage on a 6,500-square-foot lot with highly desirable RFH-50 zoning, allowing residential/hotel development at a density of up to 50 units per acre. The property currently contains four living units totaling approximately 3,037 heated square feet: a 2-bedroom/2-bath unit of approximately 1,190 sq. ft., a studio/1-bath of approximately 400 sq. ft., a 3-bedroom/1-bath of approximately 750 sq. ft., and a 1-bedroom/1-bath of approximately 697 sq. ft. The property sustained damage during the 2024 storms, but immediate remediation was performed afterward. The upstairs street-side unit has power and remained occupied throughout. The remaining units provide an opportunity for a buyer to evaluate renovation and restoration of the existing improvements, while the property's RFH-50 zoning creates an entirely different opportunity for those considering redevelopment. And there may be an even bigger opportunity: the adjacent property at 10220 Gulf Blvd may also be available, potentially creating an assemblage of approximately 100 feet of Gulf frontage for a larger hospitality or redevelopment concept. Whether the vision is to restore the existing four-unit property, redevelop 10218 on its own, or explore assembling both neighboring Gulf-front parcels, opportunities combining this location, Gulf frontage and hotel zoning are increasingly difficult to find along the Pinellas beaches. Property is being sold AS-IS. Buyers and their representatives are responsible for independently verifying zoning, density, permitted uses, rental regulations, existing unit status, building condition, FEMA/flood requirements and redevelopment potential with the appropriate governmental authorities.
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Additional Information
- Taxes
- $25284
- Community Features
- No Deed Restriction
- Zoning
- RFH-50
- Interior Layout
- Ninguno
- Interior Features
- Ninguno
- Utilities
- BB/HS Internet Available, Electricity Available, Sewer Available
- Heating
- Central, Ductless
- Air Conditioning
- Central Air, Wall/Window Unit(s)
- Fireplace
- Yes
- Fireplace Description
- Stone
- Exterior Construction
- Stone, Frame
- Exterior Features
- Other
- Roof
- Shingle
- Foundation
- Other
- Pool
- No Pool
- Water Name
- Gulf Of Mexico
- Water View
- Beach, Gulf/Ocean - Full
- Water Access
- Beach, Gulf/Ocean
- Water Frontage
- Beach Front
- Flood Zone Code
- VE
- Parcel ID
- 26-31-15-78786-002-0110
- Legal Description
- SAWYER & HARRELL'S ADD BLK 2, LOT 11 AND 30FT VAC ST ON W
Listing courtesy of SEASALT PROPERTIES. 727-289-9403
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