Treasure Island, FL 33706,11295 GULF BLVD

$2,640,000

$2,300,000

14.8%
Est.Price: ?

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Est. payment /mo

1,111 SqFt


SOLD DATE : 09/20/2024

Key Details

Sold Price $2,640,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 1,111 sqft

Price per Sqft $2,376

MLS Listing ID U8248191

Sold Date 09/20/24

HOA Y/N No

Originating Board Stellar MLS

Year Built 1900

Annual Tax Amount $25,820

Lot Size 0.420 Acres

Acres 0.42

Lot Dimensions 100x187

Property Description

Auction Property. ...OWNERS’ HEALTH IS FORCING SALE……. EVERYONE WELCOME TO BID. Commercial Waterfront Property. Auction sale will be Held at the Site on Wednesday, July 17th at 10:00 AM. Preview starts at 9:00 am. This property may sell for more or less than the listed price. Zoned RFM-30 which allows nightly rentals plus many, many otheruses. See attachment for allowable uses. At no additional cost you will receive current permits and approved engineering plans for a ready-to-build 6-story Condotel with all necessary permits and approved engineering plans for 12 condo units, each with balconies offering views of both the Intercoastal Waterway and the Beach. Eleven units range from 1,072 to 1,555 sq ft, including balconie. Penthouse spans 2,892 sq ft with 1,252 sq ft heated. Owners can either self-manage or hire a property management company, with completed HOA documents ensuring smooth operation. Treasure Palms Resort offers excellent ROI potential, whether treated as a Condotel (e.g., Airbnb, VRBO) or by selling individual units. Public beach access and parking are just 200 feet away. Nearby amenities within a three-mile radius include hundreds of restaurants, bars, beaches, boating, fishing trips, and tours. The resort is within walking distance of lively restaurants and Tiki bars, and the wide beaches are perfect for activities like kite flying, reading under cabanas, and enjoying Gulf views. Paddleboards, kayaks, and beach toys are available for rent. Local attractions include the historic John's Pass fishing village, offering jet skiing, water skiing, boating, parasailing, dolphin tours, and unique retail shopping. Nearby beaches like Clearwater Beach, Honeymoon Island, Caladesi Island, and Ft Desoto State Park, along with the vibrant nightlife of St. Petersburg and Tampa, are also close by. Treasure Island boasts white sandy beaches, pristine waters, and family-friendly attractions, making it an ideal destination for vacation homes or permanent residences........ BUYER will receive a general warranty deed free and clear of all debts, guaranteed with a title insurance policy at closing.

Location

State FL

County Pinellas

Interior

Cooling Other

Exterior

Utilities Available Electricity Available

Waterfront true

Waterfront Description Canal - Saltwater,Intracoastal Waterway

View Y/N 1

Water Access 1

Water Access Desc Canal - Saltwater,Intracoastal Waterway

Building

Foundation Other

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water None

Structure Type Other

New Construction false

Others

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Auction

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Stellar MLS
Listed by AMERICAN HERITAGE REALTY, INC.
Bought with AMERICAN HERITAGE REALTY, INC.
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