$3,800,000
$4,000,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
4 Baths
5,312 SqFt
SOLD DATE : 05/10/2023
Key Details
Sold Price $3,800,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,312 sqft
Price per Sqft $715
Subdivision Coney Island
MLS Listing ID U8189771
Sold Date 05/10/23
Bedrooms 3
Construction Status Financing,Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1952
Annual Tax Amount $14,765
Lot Size 0.420 Acres
Acres 0.42
Lot Dimensions 160x88 40x111
Property Description
Public Remarks: This 14 unit motel is primely located in beautiful Treasure Island just steps from the beach. Zoned and licensed for daily rentals. This property offers Old Florida charm with the units encircling the in-ground heated pool and courtyard. This motel is licensed for 15 units but is set up with 14 now. Currently there are 4 one-bedrooms, 8 studios with kitchenettes, 1 2-bedroom suite and 1 on-bedroom manager's apartment. The current set up would be perfect for an owner operator or it could be updated to be a spacious suite. Unique to this property is the included vacant land behind the motel. It currently has 2 storage buildings on it but is zoned for commercial use and at 40x111 the possibilities are incredible. The wide beach will beckon guests to sit back, relax and stay awhile. The beach is located just across the street with a crosswalk right out front and easy public beach access. Guests will also love the close proximity to John's Pass Village & Boardwalk, Pinellas County's #1 tourist attraction- it's only 0.7 miles away. Guests will rave over the 100+ merchants with unique retail shops, restaurants, dolphin, shelling and fishing tours, boat and jet ski rentals, and parasailing.
Location
State FL
County Pinellas
Community Coney Island
Interior
Interior Features Open Floorplan, Solid Surface Counters, Solid Wood Cabinets
Heating Electric, Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Vinyl
Furnishings Furnished
Fireplace false
Appliance Dryer, Electric Water Heater, Microwave, Range, Washer
Exterior
Exterior Feature Courtyard, Lighting, Sidewalk, Storage
Garage Off Street, Open
Pool Heated
Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
Waterfront false
Roof Type Tile
Porch Patio
Parking Type Off Street, Open
Garage false
Private Pool Yes
Building
Lot Description Corner Lot, Flood Insurance Required, City Limits, Near Public Transit, Oversized Lot, Sidewalk, Paved
Foundation Stilt/On Piling
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Concrete, Stucco
New Construction false
Construction Status Financing,Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with KELLER WILLIAMS REALTY
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