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11965 Gulf Boulevard

Treasure Island, FL 33706
  • $4,200,000
  • STATUS: Active
  • ON SITE: 6 Days
  • ID#: O6024020
New On Site 6 Days Ago
$4,200,000
  • 12
    BEDS
  • 0.17
    ACRES
  • 11
    BATHS
  • 0
    1/2 BATHS
  • 4,747
    SQFT
  • $885
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1954
County:

School Ratings & Info

Description

We are proud to present Boutique, Beach, Retreat; a beach vacation rental boutique hotel, and event complex, located steps from Treasure Island Beaches.This turn-key licensed hotel is zoned for daily rentals, professionally managed at peak performance and Cap Rate. The property was updated in/out in 2021, with branding unique to Gulf Blvd! There are 11 furnished and stocked units: 1 two bedroom suite w/full kitchen (can be used as managers quarters), 1 large efficiency w/full eat in kitchen and a partition that makes it a 1 bedroom, 6 efficiencies w/full kitchens, 3 hotel rooms w/kitchenettes, an office, an upstairs storage room for guest and cleaning supplies, and a coin operated laundry area. The paved courtyard has furnishings, lush tropical backdrop, and balconies with partial beach views that overlook the heated pool. There is an outdoor grill, shower, and beach gear for guests..All 11 units have work spaces, dining areas, Smart TVs, a parking space, and the grounds are covered by high speed Mesh WiFi. Just 1 block from Treasure Island Beaches and the TI Beach Trail, with a Circle K next door and the Shake Shop across the street. The hotel is professionally managed and staffed including cleaning and maintenance. With a full price offer, intellectual property is included: Airbnb, VRBO, Booking.com accounts, direct booking website, domain, 360 tour, and PMS w/Dynamic Pricing. EVERYTHING is in place for cash flow DAY ONE w/passive income and great cap rate *Seller has 7 additional SFR Short-Term Rentals that can be purchased as a package with the hotel

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© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-05-15T23:43:35.903.
www.thefabbrigroup.com/homes/128501015
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11965 Gulf Boulevard Treasure Island, FL 33706

  • Price: $4,200,000
  • Status: Active
  • On Site: 6 Days
  • ID#: O6024020
12
Beds
11
Baths
0
½ Baths
0.17
Acres
4,747
SQFT
$885
$/SQFT
1954
Built
Neighborhood:
Coney Island
County:
Pinellas
Area:
St Pete/Pass A Grille Beach/St Pete Beach/Treasure Island
Property Description
We are proud to present Boutique, Beach, Retreat; a beach vacation rental boutique hotel, and event complex, located steps from Treasure Island Beaches.This turn-key licensed hotel is zoned for daily rentals, professionally managed at peak performance and Cap Rate. The property was updated in/out in 2021, with branding unique to Gulf Blvd! There are 11 furnished and stocked units: 1 two bedroom suite w/full kitchen (can be used as managers quarters), 1 large efficiency w/full eat in kitchen and a partition that makes it a 1 bedroom, 6 efficiencies w/full kitchens, 3 hotel rooms w/kitchenettes, an office, an upstairs storage room for guest and cleaning supplies, and a coin operated laundry area. The paved courtyard has furnishings, lush tropical backdrop, and balconies with partial beach views that overlook the heated pool. There is an outdoor grill, shower, and beach gear for guests..All 11 units have work spaces, dining areas, Smart TVs, a parking space, and the grounds are covered by high speed Mesh WiFi. Just 1 block from Treasure Island Beaches and the TI Beach Trail, with a Circle K next door and the Shake Shop across the street. The hotel is professionally managed and staffed including cleaning and maintenance. With a full price offer, intellectual property is included: Airbnb, VRBO, Booking.com accounts, direct booking website, domain, 360 tour, and PMS w/Dynamic Pricing. EVERYTHING is in place for cash flow DAY ONE w/passive income and great cap rate *Seller has 7 additional SFR Short-Term Rentals that can be purchased as a package with the hotel
Exterior Features

Carport Yn No Construction Materials Block Covered Spaces 0 Direction Faces West Exterior Features BalconyFencedHurricane ShuttersIrrigation SystemLightingOutdoor GrillOutdoor ShowerStorage Foundation Details Slab Open Parking YN No Pool Dimensions 26X30 Pool Features Child Safety FenceDeckGunite Pool Private Yn Yes Road Surface Type Other Roof Membrane Water Access Beach - PublicGulf/Ocean Water Access Yn Yes Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances DishwasherDryerMicrowaveRangeRefrigeratorWasher Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Yn No Flooring CarpetCeramic TileLaminate Heating Electric Heating YN Yes Interior Features Built in FeaturesCeiling Fans(S)Eating Space In KitchenOpen FloorplanWindow Treatments Levels Two Room Count 3 Sewer Public Sewer Stories Total 2 Water Source Public

Property Features

Association Yn No Cdd Yn No Community Features None Flood Zone Code Ae Floor Number 1 Garage Yn No Homestead Yn No Lease Considered YN No Listing Terms CashConventionalTradeFha New Construction Yn No Ownership Fee Simple Pets Allowed No Property Description Mid Rise Property Sub Type Condo - Hotel Senior Community Yn No Special Listing Conditions None Tax Annual Amount 9118 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable ConnectedElectricity ConnectedPhone AvailableStreet LightsUnderground UtilitiesWater Connected


Listing information © 2022 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Beycome Of Florida Llc.



© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-05-15T23:43:35.903.
 
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