11295 Gulf Boulevard, Treasure Island, FL 33706

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Sold Price
$2,640,000
List Price
$2,300,000
Status
Sold
Days on Market
24
Closing Date
Sep 20, 2024
MLS#
U8248191
Property Style
Mixed Use
Year Built
1900
Lot Size
18,461
Acres
0.42
Total Acreage
1/4 to less than 1/2
MLS Area Major
Pass a Grille Bch/St Pete Bch/Treasure Isl

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.

Additional Information

Taxes Annual
$25820
Community Features
No Deed Restriction
Utilities
Electricity Available
Air Conditioning
Other
Exterior Construction
Other
Foundation
Other
Pool
No Pool
Water View
Canal, Gulf/Ocean - Partial
Water Access
Canal - Saltwater, Intracoastal Waterway
Water Frontage
Canal - Saltwater, Intracoastal Waterway
Flood Zone Code
AE
Parcel ID
23-31-15-00000-240-1500
Legal Description
THAT PART OF GOVT LOT 2 IN S37D32'14"E 3610.34FT TO POINT ON W'LY R/W OF GULF BLVD FOR POB OF SD LINE TH N52D00'50"E TO WATERS OF BOCA CIEGA BAY AS END OF SD LINE SEC 23-31-15 BETWEEN PARALLEL LINES 100FT APART EXT FROM E'LY R/W OF GULF BLVD TO WATERS OF BOCA CIEGA BAY & LYING BETWEEN LINES 100FT & 200FT NW'LY AT RT ANGLES FROM A LINE DESC COM NW SEC COR TH

Listing courtesy of AMERICAN HERITAGE REALTY, INC.. 727-726-7272

Selling Office: AMERICAN HERITAGE REALTY, INC..

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