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12620 Gulf Boulevard

Treasure Island FL 33706

4156 sq. ft.
Land
Currently for sale - view listing

Overview

One or more photo(s) has been virtually staged. Prime Hospitality Investment Opportunity Steps from Sunshine Beach! Currently on the land is The Sand Dune Suites, operating with hotel/motel zoning, this property allows for highly lucrative nightly rentals. Currently a quadraplex/motel and each of the four distinct units offers its own unique charm and structural blueprint, promising exceptional turnkey returns once fully restored. Literally steps from the pristine shores of Sunshine Beach and a short, scenic stroll away from historic John’s Pass Village. Property highlights include a serene common courtyard for outdoor relaxation, and dedicated on-site parking for each unit Please note: Interior photos reflect the property prior to recent storm damage. Three of the four units are ready for interior remodeling. The second-floor unit is accessible for immediate owner or manager use during renovation. Unlock massive ROI as this 4-unit property is zoned for profitable nightly hotel/motel rentals. Exceptionally well priced and a wonderful property as well as investment

Features

4156 sq. ft. lot size
Land

Property history for 12620 Gulf Boulevard

2024
Sold
$2,550,000
12 Sep 2024 by Adriana Silver, of TOMLIN, ST CYR & ASSOCIATES LLC
2022
Sold
$1,350,000
23 Feb 2022 by David Wright, of CHARLES RUTENBERG REALTY INC

Happy sellers in Treasure Island

73%
73% 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 36 reviews in Treasure Island over the last 12 months.

Local market activity for land plots in Treasure Island

In the last 12 months, 43 land plots similar to 12620 Gulf Boulevard, have been sold.

This represents a 86% decrease in land plots sales when compared to the previous 12 months.

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