BEDS6
BATHS
SQUARE FEET3,037
MLS#TB8549492
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONSAWYER & HARRELLS
Property Description
RARE GULF-FRONT HOTEL-ZONED OPPORTUNITY IN TREASURE ISLAND! Located directly on the Gulf, 10218 Gulf Blvd offers approximately 50 feet of Gulf frontage on a 6,500-square-foot lot with highly desirable RFH-50 zoning, allowing residential/hotel development at a density of up to 50 units per acre.The property currently contains four living units totaling approximately 3,037 heated square feet: a 2-bedroom/2-bath unit of approximately 1,190 sq. ft., a studio/1-bath of approximately 400 sq. ft., a 3-bedroom/1-bath of approximately 750 sq. ft., and a 1-bedroom/1-bath of approximately 697 sq. ft.The property sustained damage during the 2024 storms, but immediate remediation was performed afterward. The upstairs street-side unit has power and remained occupied throughout. The remaining units provide an opportunity for a buyer to evaluate renovation and restoration of the existing improvements, while the property's RFH-50 zoning creates an entirely different opportunity for those considering redevelopment.And there may be an even bigger opportunity: the adjacent property at 10220 Gulf Blvd may also be available, potentially creating an assemblage of approximately 100 feet of Gulf frontage for a larger hospitality or redevelopment concept.Whether the vision is to restore the existing four-unit property, redevelop 10218 on its own, or explore assembling both neighboring Gulf-front parcels, opportunities combining this location, Gulf frontage and hotel zoning are increasingly difficult to find along the Pinellas beaches.Property is being sold AS-IS. Buyers and their representatives are responsible for independently verifying zoning, density, permitted uses, rental regulations, existing unit status, building condition, FEMA/flood requirements and redevelopment potential with the appropriate governmental authorities.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Wall/Window Unit(s)
Heating: Central, Ductless
Lot Size: 0.15 Acres
Roof Type: Shingle
Taxes: $25,284
Year Built: 1925
Amenities
Ninguno
Other
Feature Descriptions
Annual Net Income: 0.00
Body of Water: GULF OF MEXICO
Days on Site: 32
Directions: Entering Treasure Island via Cental Ave, turn left (direction South). The property is on your right.
Exterior: Stone, Frame
Fireplace: Stone
Fireplace Y/N: Yes
Flood Zone Code: VE
Foundation: Other
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.15
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Go Direct, ShowingTime
Special Sale Provisions: None
Special View Info: Water
Units: 4
Utilities: BB/HS Internet Available, Electricity Available, Sewer Available
Water: Public
Water Access: Beach, Gulf/Ocean
Water Access Y/N: Yes
Waterfront Features: Beach Front
Water View: Beach, Gulf/Ocean - Full
Zoning: RFH-50
Listed By / Shown By
Listed By
Agency Name: SEASALT PROPERTIES
Agency Contact: 727-289-9403
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 9,406.98 per month $6,454.14 Principal & Interest $2,107.00 Property Tax $845.83 Homeowner's InsuranceChange Payment Information
10218 Gulf Boulevard | MLS# TB8549492
This multi-family property located at 10218 Gulf Boulevard, Treasure Island, FL 33706 is currently listed for sale with an asking price of $2,900,000. Search Treasure Island real estate on www.realtymark.net today.