8541 W Gulf Boulevard

Estimated Monthly Payment: $15,066/mo 8541 W Gulf Boulevard, Treasure Island, FL 33706 MLS# U8021495 Residential Income Listing Status: Active
3,998 sqft
29
0
0
0

REMARKS:

ATTENTION DEVELOPERS AND INVESTORS! Located on SUNSET BEACH, the southernmost jewel of Treasure Island! This prime property is ready for redevelopment. Nestled in a residential beach town neighborhood and across a 2 lane road to the Gulf of Mexico and miles of beach to wander. RARELY do you find a parcel this large on Sunset Beach. WATERFRONT LOCATION WITH 80' OF SEAWALL on a protected lagoon off Blind Pass Waterway and no bridges to the Gulf of Mexico. DREAM TOWNHOME/CONDOMINIUM DEVELOPMENT POTENTIAL. Property currently consists of 9 unit motel/apartments with pool and dock. List price is appropriate for redevelopment and not reflected in current rental income. Currently zoning allows for short term rentals; but redevelopment triggers reverting to RM-15 (Residential Medium 15 units per acre) and 5 leases maximum per year per unit/condo/home.

OVERVIEW:

Residential Income
Multi-Family
Active
Sunset Beach
1949
Shingle
Block, Wood Frame
3998
30736
0.71
107x151
In City Limits
1/2 Acre to 1 Acre
None
Wall Units / Window Unit
Wall/Window Unit(s)
Cable Connected, Electricity Connected

FEATURES:

Lighting
In Ground
BLIND PASS WATERWAY
Dock - Wood, Seawall - Concrete
Intracoastal Waterway
Intracoastal Waterway
Water

FINANCIAL:

$2,850,000
$24,836
2017

NEIGHBORHOOD & SCHOOL INFORMATION:

 

 

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Data Last Updated: 11/16/2018, 3:35:24 AM

 

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