$3,999,999

11365 Gulf Boulevard

TREASURE ISLAND FL, 33706

Description

Amazing opportunity to purchase an exceptionally clean and highly profitable waterfront hotel with a devoted clientele. Continued upside potential with committed marketing and boat slip usage as well. The hotel features a welcoming lobby, tropical and relaxing pool area, patios and balcony for relaxation and rest. The patio is always host to grilling and gathering on the waterfront as guests with and without boats take advantage of the waterfront. For additional and consistent guest satisfaction a new wireless fiber optic system has been installed. Exterior painting is next on the maintenance schedule. For more efficiency the new owners will find the 50 lbs. washer and dryer essential. Over $400,000 in improvements since 2013 which includes unique electronic signage for maximum exposure on busy Gulf Blvd. *Currently two of the 25 units are being used for the owner's quarters and house keeping.

Details

MLS#U8087651
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1956
Days On Site15

Features

SQ Feet11,948
Acreage0.84
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Area Information
StateFL
CountyPinellas
CityTREASURE ISLAND
Zip Code33706
Area33706 - Pass a Grille BchSt Pete BchTreasure Isl
Listing VS Median (in 33706)
Price:
$3,999,999
low | high
Med:
$422,450
100% of Average
SqFt:
11,948
low | high
Med:
1,298
100% of Average
$ / SqFt:
$335
low | high
Med:
$328
51.928181325617% of Average
On Site:
15
low | high
Med:
138.500000
10.830324909747% of Average
Listing Updated: 08/09/2020
Randee Carl LogoMLS Number: U8087651
Listing Provided By:
Randee Carl  of  KELLER WILLIAMS ST PETE REALTY

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Greater Nashville Association of REALTORS®.