12100 GULF BOULEVARD

Treasure Island, FL 33706
$2,749,000

Description

JUST THE FIRST FLOOR OF THE HOTEL HAS BEEN FLOODED FROM HURRICANE HELENE BUT IS CURRENTLY BEING REMODELED! SECOND FLOOR HIGH AND DRY! BRAND NEW ROOF JUST INSTALLED Welcome to "The Beachhouse" a charming and unique 9-room boutique hotel (equipped for 10 units if you use the current office space) The hotel is merely a 100 yards away from the sugary beaches of the sand and surf of Treasure Island. This delightful hotel offers a cozy and welcoming atmosphere, perfect for those seeking a laid-back coastal vacation experience. Each room is thoughtfully designed to maximize comfort and functionality, featuring a kitchenette, a bathroom, a comfortable bed, along with a futon to accommodate an additional guest. These beachside retreat rooms offer everything you need for a comfortable and enjoyable stay. In addition, there is a newly paved front courtyard with tables and chairs allowing one to enjoy a morning coffee or feel free to unwind with a refreshing adult beverage after a day at the beach. The hotel offers ample parking for each guest. This turnkey hotel is a rare find, providing a great opportunity for investors looking for a property that is ready to use as an Airbnb.Makes a great 1031 Exchange too! The coastal and cozy atmosphere of the hotel makes it a popular choice for vacationers looking for a unique and memorable experience. Upgrades include a newer metal roof, newer exterior and interior paint, newer furniture, newer windows, newer Air Condtioning units and newer electrical panels. There will also be an attached feature sheet to include additional items. Do not miss out on this amazing opportunity to own a charming and unique beach-side hotel in one of the most sought after locations in Treasure Island. All financials will be sent upon request.
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  • Property Details
      • Interior:Ceiling Fans(s), Solid Wood Cabinets, Stone Counters
      • Lot description:FloodZone, City Limits, Level, Near Public Transit, Sidewalk, Paved
      • Exterior materials:Balcony, Courtyard
      • Acres:0.1
      • Property type:Multi-Family
      • Year built:1956
      • Foundation:Block
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Public
      • Subdivision:CONEY ISLAND
      • County:Pinellas
      • Original List Price:$4, 325, 500
      • Days on Market (Cumulative):483
      • Taxes annual:$20, 712
      • MLS #:U8198831
      • Cost:2749000
      • Property subtype:Multi-Family
      • MLS #:U8198831

Location

Juan C. CarnicerReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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