7901 W GULF BOULEVARD TREASURE ISLAND FL 33706 MLS #U8221124

7901 W GULF BOULEVARD
TREASURE ISLAND, FL, 33706
$5,400,000
Beds
0 Baths
3,184 SqFt
0.25 Acres
$5,400,000
7901 W GULF BOULEVARD
TREASURE ISLAND, FL, 33706
Ranked as part of the #1 hotel in Treasure Island on Trip Advisor and just steps from Sunset Beach, these 5 ‘Old Florida’ style cottages welcome guests with fresh, bright colored exteriors and interiors with mid century flare. Together with the vacant lot, these 5 buildings offer a unique vacation rental opportunity. Currently zoned for daily rentals. There is 1 duplex and 4 cottages all with unique names and colors. All units are turn-key and offer full kitchens with living/dining areas, flatscreen TVs, and a dedicated off street parking spot. Cabana 1 & 2 (duplex) offers two one-bedroom, one bath units. Across the courtyard, you will find the other cottages, two one-bedroom one-bath cottages (The Blue Lagoon & The Coral Lee), one two-bedroom one-bath (The Captain) and one two-bedroom two-bath cottage (The Gulfview). The Captain & The Coral Lee cottages were barged over from MacDill Air Force Base and were former officer’s quarters prior to finding their home on Sunset Beach after WW2. Almost all units feature new water heaters, new kitchen cabinets, new bathroom vanities and new kitchen appliances. Guests love the few steps to the beach located directly across the street, unobstructed Gulf breezes, stunning sunsets and the Sunset Beach vibe! The newly re-nourished beach will beckon guests to sit back, relax and stay a while. Delicious food and tiki bars are within walking distance. Guests will love the few steps to the sand and multitude of entertainment options close by like dolphin tours, pirate ship tour, and sunset sailing. Guests will also love the close proximity to John’s Pass Village & Boardwalk, Pinellas County’s #1 tourist attraction- it’s only an 8 minute drive or short trolley ride away. Guests will rave over the 100+ merchants with unique retail shops, restaurants, shelling and fishing tours, boat and jet ski rentals, and parasailing. The Sunset Inn, located next door, is willing to act as the rental management company for the new buyer if needed. Also includes a vacant lot for a total of 6 parcels, 5 individual buildings (6 rental units).

Property Details

Price:
$5,400,000
MLS #:
U8221124
Status:
Active
Beds:
0
Baths:
0
Address:
7901 W GULF BOULEVARD
Type:
Multi Family
Subdivision:
PENGUIN CABANA SUB
City:
TREASURE ISLAND
Listed Date:
Nov 18, 2023
State:
FL
Finished Sq Ft:
3,184
ZIP:
33706
Lot Size:
10,890 sqft / 0.25 acres (approx)
Year Built:
1952
Units:
6

Schools

Interior

Appliances
Microwave, Refrigerator
Cooling
Mini- Split Unit(s)
Heating
Electric

Exterior

Construction Materials
Block, Wood Frame
Exterior Features
Courtyard, Outdoor Shower
Parking Features
Assigned
Roof
Membrane, Shingle

Financial

Buyer Agent Compensation
2.0%-$295%
Tax Year
2022
Taxes
$7,886
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7901 W GULF BOULEVARD
TREASURE ISLAND, FL