8541 W Gulf Blvd, Treasure Island

$2,479,000

Active
0 Beds
0 Baths
3,998 Sqft
.71 Acres
0 Garages

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.

Essential Information
MLS® #U8028161
Price$2,479,000
Bathrooms0.00
Square Footage3,998
Acres0.71
Year Built1949
TypeCommercial
Sub-TypeHotel/Motel
StatusActive
Community Information
Address8541 W Gulf Blvd
SubdivisionSunset Beach
CityTreasure Island
CountyPinellas County
StateFL
Zip Code33706
Area

St Pete/Pass a Grille Beach/St Pete Beach/Treasure Island

Amenities
Is WaterfrontYes
WaterfrontICW
Interior
HeatingElectric
CoolingWall/Window Unit(s)
Exterior
ExteriorBlock
Lot Description1/2 Acre to 1 Acre
Additional Information
Days on Market249
Listing Details
OfficeRe/max Preferred
Property History
Price Reduced from $2,850,000 to $2,479,000
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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on August 25th, 2019 at 9:15am EDT.