Property Attributes
- MLS#T3526714
- TypeIncome
- CountyPINELLAS
- CityTREASURE ISLAND
- AreaPass a Grille Bch-St Pete Bch-Treasure Isl
- NeighborhoodBoca Ciega Pass Sub
- Zip33706
- StyleQuadruplex
- Year Built1970
- Taxes$ 11398
- Price$ 2,950,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2328
- Lot Size0.11 Acres
Data Source:
Stellar MLS
Property Description
Exquisite Gulf Coast Retreat with Stunning Rooftop Views. Welcome to a meticulously renovated gem nestled in the heart of Florida's thriving Gulf Coast community. This extraordinary property has been transformed to maximize revenue potential and guest satisfaction, offering a seamless turn-key investment opportunity. Projected annual occupancy for this sparkling new residence is expected to near 80% with no rental restrictions, optimizing income potential benefits from a rare, grandfathered zoning for overnight accommodations, maximizing income potential and returning guest occupancy. Projected annual NOI ranges from nearly $250,000 to $312,000, with cap rates of 8%-10% or potentially higher. Proforma has been carefully & conservatively estimated, available upon request. This property is poised to deliver exceptional returns with minimal upkeep expenses, making it an ideal investment opportunity in a highly sought-after location. Step inside to discover bespoke layouts and furnishings, highlighted by a captivating spiral staircase leading to a 400 sq ft. rooftop deck with breathtaking 360-degree views of the surrounding area. No detail has been spared in the revitalization of this property, featuring brand-new HVAC systems, a TPO membrane roof, PVC plumbing, hurricane impact windows, sound-dampening drywall and flooring, upgraded electrical systems, refreshed exterior stucco/paint, and meticulously manicured landscaping with irrigation. Constructed with solid block materials resistant to humidity, water, and salt air, this property ensures low-maintenance durability. Boasting four exquisite 528 sq. ft., 1-bedroom / 1-bathroom units, each accommodating up to 4 guests comfortably, with interconnected doorways for added flexibility. Conveniently located across from public beach access, enhanced with newly installed city crosswalks for safety and convenience. The sale includes all luxury fixtures, furnishings, and guest amenities showcased in the photos, ensuring a smooth transition for the new owner. Enjoy easy access to major highways, making vibrant cities like Tampa, Sarasota, and Orlando just a 90-minute drive away. Explore St. Petersburg’s vibrant downtown area, only 15 minutes from your doorstep, offering exceptional shopping, dining, and entertainment options. Indulge in St. Pete Beach's world-renowned soft, silky sand beaches just moments away. Don't miss out—schedule your private tour today!
Price History | |
---|---|
5/15/2024 | Listed $2,950,000 |
General Features
Interior Features | Ceiling Fan(s),Kitchen/Family Room Combo,Open Floorplan,Primary Bedroom Main Floor,Solid Surface Counters,Solid Wood Cabinets,Stone Counters,Thermostat,Window Treatments |
---|---|
Sewer | Public Sewer |
Heating | Electric,Zoned |
Cooling | Central Air,Zoned |
Utilities | Cable Connected,Electricity Connected,Public,Sewer Connected,Water - Multiple Meters,Water Connected |
Roof | Membrane |
Appliances | Cooktop,Dishwasher,Disposal,Dryer,Electric Water Heater,Freezer,Ice Maker,Microwave,Range,Range Hood,Refrigerator,Tankless Water Heater,Washer |
Exterior Features | Awning(s),Balcony,Irrigation System,Lighting |
Zoning | RFM-30 |
Patio/Porch Features | Deck |
Construction Materials | Block,Stucco |
Year Built | 1970 |
View | Water |
Levels | Two |
Property SubType | Quadruplex |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
County | Pinellas |
New Construction | No |
Property Type | Residential Income |
HOA / Comm Assn | No |
Energy Efficient | Energy Monitoring System,Roof,Thermostat |
Subdivision Name | BOCA CIEGA PASS SUB |
Garage Y/N | No |
Green Indoor Air Quality | No Smoking-Interior Buildg,No/Low VOC Cabinets/Counters,No/Low VOC Flooring,No/Low VOC Paint/Finish |
Green Water Conservation | Drip Irrigation,Water-Smart Landscaping |
Status | Active |
Directions | From I-275,go west on 5th Ave N.,Turn left on 66th Street,merge right onto Pasadena,Turn right on Central Ave,turn left on Gulf Blvd and go to 9921 Gulf Blvd,Treasure Island,FL 33706 |
City | TREASURE ISLAND |
Buyer Agent Compensation | 2.5%-$395 |
Senior Community Y/N | No |
Total Units | 4 |
MLS Area | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl |
Lot Size Square Feet | 4661 |
Private Pool | No |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | Gulf |
Listing Terms | Cash,Conventional,Other |
Property Attached Y/N | No |
Tax Annual Amount | 11398 |
Property Condition | Completed |
Public Remarks | Exquisite Gulf Coast Retreat with Stunning Rooftop Views. Welcome to a meticulously renovated gem nestled in the heart of Florida's thriving Gulf Coast community. This extraordinary property has been |
Lease Considered Y/N | Yes |
Virtual Tour | https://www.propertypanorama.com/instaview/256412/9921gulfblvd |
Days on Market | 6 |
Standard Status | Active |
Tax Lot | 0200 |
Legal Description | BOCA CIEGA PASS SUB LOT 20 LESS ST |
Water View | Bay/Harbor - Partial,Gulf/Ocean - Partial |
Minimum Lease | No Minimum |
Water Access Y/N | No |
Water View Y/N | Yes |
Interior Features
Basement | Other |
---|---|
Flooring | Luxury Vinyl,Porcelain Tile |
Furnished Y/N | Furnished |
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Street Suffix | BOULEVARD |
Laundry Features | Common Area,Outside |
Total Bedrooms | 4 |
LivingAreaSource | Estimated |
Total Baths | 4 |
Living Area Units | Square Feet |
Exterior Features
Parking Features | Common |
---|---|
Lot Features | City Lot,Landscaped,Near Public Transit |
Water Source | Public |
Lot Size Area | 4661 |
Foundation Details | Slab |
Number of Buildings | 1 |
Building Area Total | 2778 |
Lot Size Acres | 0.11 |
Road Surface Type | Paved,Asphalt |
Lot Size Units | Square Feet |
Road Frontage Type | Street Paved |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool