12315 GULF BOULEVARD

Treasure Island, FL 33706
$2,395,000
4480 sqft | 8 beds | 0.24 acres | #TB8322337
For Sale

Description

Silver Sands is an 8 unit licensed hotel comprising three buildings and a large courtyard at an amazing 10 CAP RATE. Located just steps to the beach, this boutique hotel offers one bedroom suites to fit all types of vacationers. These spacious units all feature a combined living and dining area, generous kitchenette and separate bedroom and bathroom. The bottom floor units offer a charming front patio that opens to a large landscaped courtyard, putting guests in a vacation state of mind. An additional outdoor area for relaxing in the Gulf breeze ensures parties of all size can find a tropical sanctuary. This boutique hotel is renovated with new roofs, newer HVAC and new water heaters presenting the buyer with a low maintenance, tropical oasis. New floors and cabinets are just another highlight. Reserved on site parking is popular with guests. Prime Gulf Blvd location with direct access to a crosswalk makes staying here a breeze. The property is a two minute walk to Pinellas County's #1 tourist destination John's Pass Village & Boardwalk featuring shopping, restaurants, jet ski rentals, sunset cruises, fishing charters and live music. Treasure Island beach is located steps away and beacons guests to relax and stay a while.A boat ramp is located just steps from this property making kayak and water sports a breeze. Kayak, jet ski and floating tiki hut operators routinely make arrangements to pick up guests here. This property is currently in the process of being renovated after receiving water intrusion from Hurricane Helene. Permits are already in place, giving the new owner the opportunity to be one of the first hotels reopening on the beaches and to take advantage of the busy winter and spring seasons. Additional 10 unit hotel for sale next-door, schedule your tour today.
read more

  • Property Details
      • Interior:Eat-in Kitchen, Kitchen/Family Room Combo, Solid Wood Cabinets, Stone Counters
      • Bedrooms:8
      • Exterior materials:Courtyard, Fence, Irrigation System, Sidewalk, Storage
      • Acres:0.24
      • Square Feet:4480
      • Property type:Multi-Family
      • Year built:1949
      • Foundation:Slab
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights, Water Connected
      • Subdivision:CONEY ISLAND
      • County:Pinellas
      • Original List Price:$2, 395, 000
      • Days on Market (Cumulative):39
      • Taxes annual:$14, 808
      • MLS #:TB8322337
      • Cost:2395000
      • Property subtype:Multi-Family
      • MLS #:TB8322337

Location

Legal

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Juan C. Carnicer

Last Updated: . Source: SMLS

Listing Courtesy
Listing Agent: Evan Pedone
Listing Office: ENGEL & VOLKERS MADEIRA BEACH

Juan C. CarnicerReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

Company

Explore

Account

    © 2024 Juan C. Carnicer. All rights reserved.
    Website built by CloseHack.

    MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.

    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Juan C. Carnicer