Overview
- Hotel/Motel, Commercial Sale
- 2960
- 1970
Description
***PRICED TO SELL***
Exquisite Gulf Coast Retreat with Stunning Rooftop Views
This extraordinary multi-family property has been completely transformed to maximize revenue potential and guest experience, offering a seamless turn-key investment opportunity. Rare, grandfathered zoning permits overnight accommodation, supreme beach access, and virtually no category competition.
Already delivering remarkable returns with minimal upkeep expenses, making it an exceptional investment opportunity in a highly sought-after location. Constructed with solid block materials resistant to humidity, water, and salt air, this property ensures low-maintenance & lasting durability. Brand-new HVAC systems, TPO membrane roof, PVC plumbing, hurricane impact windows, new electrical, just to name a few.
– Sale includes all appliances and custom furnishings.
– See blended Proforma for to-date Actual vs. Projected NOI
– Further upside potential including self-management (+50K/yr) and Direct Booking platform (+50K/yr)
Do not miss out on this incredible long-term asset opportunity!
Address
Open on Google Maps- Address 9921 GULF BOULEVARD
- City Treasure Island
- State/county FL
- Zip/Postal Code 33706
- Area BOCA CIEGA PASS SUB
Details
Updated on April 1, 2025 at 5:31 pm- Property ID: HZTB8368405
- Price: $2,499,000
- Property Size: 2960 Square Feet
- Land Area: 0.11 Acres
- Garage Size: x x
- Year Built: 1970
- Property Type: Hotel/Motel, Commercial Sale
- Property Status: Active
Mortgage Calculator
- Down Payment $374,850.00
- Loan Amount $2,124,150.00
- Monthly Mortgage Payment $18,086.15
- Property Tax $6,247,500.00
- Home Insurance $83.33
- PMI $1,770,125.00
- Monthly HOA Fees $250.00
