$2,950,000
$2,950,000
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4,732 SqFt
SOLD DATE : 11/30/2021
Key Details
Sold Price $2,950,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,732 sqft
Price per Sqft $623
Subdivision Treasure Island City Of
MLS Listing ID U8122344
Sold Date 11/30/21
Construction Status Financing,Inspections
HOA Y/N No
Year Built 1962
Annual Tax Amount $4,990
Lot Size 0.300 Acres
Acres 0.3
Property Description
PROFORMA ESTIMATED 10 CAP RATE - WATERFRONT, LICENSED HOTEL ON TREASURE ISLAND. ENJOY THIS TROPICALLY LANDSCAPED OASIS ON THE INTRACOASTAL WATERWAYS WITH 9 SEPARATELY DEEDED UNITS OF ALL SIZES. GUESTS WILL ENJOY THE PROXIMITY TO THE BEACH, RESTAURANTS AND PUBLIX. THIS PROPERTY IS ZONED FOR DAILY RENTALS AND CAN ACCOMMODATE GROUPS OF ALL SIZES WITH A POOL HOME THAT CAN SLEEP 8 AND AN ADDITIONAL 8 UNITS THAT CAN SLEEP 3-5. ALL UNITS ARE FURNISHED AND OFFER KITCHENS, PRIVATE DOCK OFFERS 2 BOAT SLIPS AND ROOM FOR FISHING.
Location
State FL
County Pinellas
Community Treasure Island City Of
Rooms
Other Rooms Inside Utility
Interior
Heating Central, Other
Cooling Central Air
Flooring Ceramic Tile
Furnishings Furnished
Fireplace false
Appliance Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Exterior
Exterior Feature Sliding Doors
Parking Features Assigned
Pool Deck, In Ground
Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Waterfront Description Intracoastal Waterway
View Y/N 1
Water Access 1
Water Access Desc Intracoastal Waterway
View Garden, Pool, Water
Roof Type Shingle
Porch Deck, Rear Porch
Garage false
Private Pool Yes
Building
Lot Description FloodZone, Near Public Transit, Paved
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Construction Status Financing,Inspections
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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