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10218 Gulf Blvd

Treasure Island FL 33706

12950 sq. ft.
13000 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Package deal only! Two Gulf-front lots (10218 + 10220 Gulf Blvd) = 100ft of beach-frontage; Zoning: RFH-50. Nightly rentals are permitted. Best use: Build up to 15 condo-hotel units. The income is based on realistic projections at 70% occupancy. Stop the owner TODAY as they too are now talking with architects. The current ask price will go up as development costs are incurred. There are currently 4 structures with 7 living units that will need to be demolished. New houses are going to be built across the street, which will add value to the area.

Features

12950 sq. ft. floor area
13000 sq. ft. lot size
Multi-Family

Property history for 10218 Gulf Blvd

2016
Sold
$1,200,000
15 Mar 2016 by Hendrik Bisanz
2011
Sold
$585,000
18 Jan 2011 by Geri LaFountain, of CHARLES RUTENBERG REALTY,INC.

Happy sellers in Treasure Island

70%
70% of sellers in Treasure Island reported that their sale price either exceeded or met their price expectations.

Treasure Island stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 34 reviews in Treasure Island over the last 12 months.

Local market activity for multi families in Treasure Island

In the last 12 months, 2 multi families similar to 10218 Gulf Blvd, have been sold.

This represents a 72% increase in multi families sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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