USAFLTreasure IslandSawyer & Harrells Add10218 Gulf Blvd

10218 Gulf Blvd, Treasure Island, FL

Name: 10218 Gulf Blvd, For Sale in Treasure Island - Zoocasa
Brand: SEASALT PROPERTIES
SKU: TB8549492
Price: 2900000 USD

House

For Sale

Listed price in listed location currency (USD).

$2,900,000

650

MLS® TB8549492

Overview

Key Facts

Type Quadruplex

Levels Residential Income

Size 3037 sqft

Garage

Taxes $25,284

Days Active 14

Lot Size 0.15 Acres

Approx. Age 1925

Avg. Price Per Sqft $954

MLS® Number TB8549492

Property Address: 10218 Gulf Blvd, Treasure Island, FL, 33706-4879

Average square foot calculated using Size range provided by listing agent.

Description

RARE GULF-FRONT HOTEL-ZONED OPPORTUNITY IN TREASURE ISLAND! Located directly on the Gulf, 10218 Gulf Blvd offers approximately 50 feet of Gulf frontage on a 6, 500-square-foot lot with highly desirable RFH-50 zoning, allowing residential/hotel development at a density of up to 50 units per acre. The property currently contains four living units totaling approximately 3, 037 heated square feet: a 2-bedroom/2-bath unit of approximately 1, 190 sq. ft., a studio/1-bath of approximately 400 sq. ft., a 3-bedroom/1-bath of approximately 750 sq. ft., and a 1-bedroom/1-bath of approximately 697 sq. ft. The property sustained damage during the 2024 storms, but immediate remediation was performed afterward. The upstairs street-side unit has power and remained occupied throughout. The remaining units provide an opportunity for a buyer to evaluate renovation and restoration of the existing improvements, while the property's RFH-50 zoning creates an entirely different opportunity for those considering redevelopment. And there may be an even bigger opportunity: the adjacent property at 10220 Gulf Blvd may also be available, potentially creating an assemblage of approximately 100 feet of Gulf frontage for a larger hospitality or redevelopment concept. Whether the vision is to restore the existing four-unit property, redevelop 10218 on its own, or explore assembling both neighboring Gulf-front parcels, opportunities combining this location, Gulf frontage and hotel zoning are increasingly difficult to find along the Pinellas beaches. Property is being sold AS-IS. Buyers and their representatives are responsible for independently verifying zoning, density, permitted uses, rental regulations, existing unit status, building condition, FEMA/flood requirements and redevelopment potential with the appropriate governmental authorities.

MLS® NumberTB8549492

Laundry Level

Central VacNo

FireplaceYes

Acreage

Exterior

Garage

Approx. Age1925

Basement

Driveway

Garage Spaces

HeatCentral, Ductless

A/CCentral Air, Wall/Window Unit(s)

Extras

Map

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