Address
9921 Gulf BOULEVARD, TREASURE ISLAND, FL
Price
$ 2,950,000
Property Attributes
  • MLS#T3526714
  • TypeIncome
  • CountyPINELLAS
  • CityTREASURE ISLAND
  • AreaPass a Grille Bch-St Pete Bch-Treasure Isl
  • NeighborhoodBoca Ciega Pass Sub
  • Zip33706
  • StyleQuadruplex
  • Year Built1970
  • Taxes$ 11398
  • Price$ 2,950,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2328
  • Lot Size0.11 Acres
Data Source:
Stellar MLS
Property Description

Exquisite Gulf Coast Retreat with Stunning Rooftop Views. Welcome to a meticulously renovated gem nestled in the heart of Florida's thriving Gulf Coast community. This extraordinary property has been transformed to maximize revenue potential and guest satisfaction, offering a seamless turn-key investment opportunity. Projected annual occupancy for this sparkling new residence is expected to near 80% with no rental restrictions, optimizing income potential benefits from a rare, grandfathered zoning for overnight accommodations, maximizing income potential and returning guest occupancy. Projected annual NOI ranges from nearly $250,000 to $312,000, with cap rates of 8%-10% or potentially higher. Proforma has been carefully & conservatively estimated, available upon request. This property is poised to deliver exceptional returns with minimal upkeep expenses, making it an ideal investment opportunity in a highly sought-after location. Step inside to discover bespoke layouts and furnishings, highlighted by a captivating spiral staircase leading to a 400 sq ft. rooftop deck with breathtaking 360-degree views of the surrounding area. No detail has been spared in the revitalization of this property, featuring brand-new HVAC systems, a TPO membrane roof, PVC plumbing, hurricane impact windows, sound-dampening drywall and flooring, upgraded electrical systems, refreshed exterior stucco/paint, and meticulously manicured landscaping with irrigation. Constructed with solid block materials resistant to humidity, water, and salt air, this property ensures low-maintenance durability. Boasting four exquisite 528 sq. ft., 1-bedroom / 1-bathroom units, each accommodating up to 4 guests comfortably, with interconnected doorways for added flexibility. Conveniently located across from public beach access, enhanced with newly installed city crosswalks for safety and convenience. The sale includes all luxury fixtures, furnishings, and guest amenities showcased in the photos, ensuring a smooth transition for the new owner. Enjoy easy access to major highways, making vibrant cities like Tampa, Sarasota, and Orlando just a 90-minute drive away. Explore St. Petersburg’s vibrant downtown area, only 15 minutes from your doorstep, offering exceptional shopping, dining, and entertainment options. Indulge in St. Pete Beach's world-renowned soft, silky sand beaches just moments away. Don't miss out—schedule your private tour today!

Price History
5/15/2024 Listed $2,950,000

General Features

Interior Features Ceiling Fan(s),Kitchen/Family Room Combo,Open Floorplan,Primary Bedroom Main Floor,Solid Surface Counters,Solid Wood Cabinets,Stone Counters,Thermostat,Window Treatments
Sewer Public Sewer
Heating Electric,Zoned
Cooling Central Air,Zoned
Utilities Cable Connected,Electricity Connected,Public,Sewer Connected,Water - Multiple Meters,Water Connected
Roof Membrane
Appliances Cooktop,Dishwasher,Disposal,Dryer,Electric Water Heater,Freezer,Ice Maker,Microwave,Range,Range Hood,Refrigerator,Tankless Water Heater,Washer
Exterior Features Awning(s),Balcony,Irrigation System,Lighting
Zoning RFM-30
Patio/Porch Features Deck
Construction Materials Block,Stucco
Year Built 1970
View Water
Levels Two
Property SubType Quadruplex
Tax Year 2023
Percent Ownership Fee Simple
County Pinellas
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Energy Efficient Energy Monitoring System,Roof,Thermostat
Subdivision Name BOCA CIEGA PASS SUB
Garage Y/N No
Green Indoor Air Quality No Smoking-Interior Buildg,No/Low VOC Cabinets/Counters,No/Low VOC Flooring,No/Low VOC Paint/Finish
Green Water Conservation Drip Irrigation,Water-Smart Landscaping
Status Active
Directions From I-275,go west on 5th Ave N.,Turn left on 66th Street,merge right onto Pasadena,Turn right on Central Ave,turn left on Gulf Blvd and go to 9921 Gulf Blvd,Treasure Island,FL 33706
ModificationTimestamp 2024-05-21T13:48:10.623Z
City TREASURE ISLAND
Buyer Agent Compensation 2.5%-$395
Disclosures None
View Y/N Yes
Senior Community Y/N No
NumberOfUnitsTotal 4
MLS Area 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Lot Size Units Square Feet
Lot Size Square Feet 4661
Waterfront Y/N No
Carport Y/N No
Street Name Gulf
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 11398
Property Condition Completed
Additional Parcels Y/N No
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/256412/9921gulfblvd
Days on Market 6
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 0200
Legal Description BOCA CIEGA PASS SUB LOT 20 LESS ST
Water View Bay/Harbor - Partial,Gulf/Ocean - Partial
Minimum Lease No Minimum
Water Access Y/N No
Water View Y/N Yes
Flood Zone Code AE

Interior Features

Basement Other
Flooring Luxury Vinyl,Porcelain Tile
Furnished Y/N Furnished
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features Common Area,Outside
Total Bedrooms 4
LivingAreaSource Estimated
Total Baths 4

Exterior Features

Parking Features Common
Lot Features City Lot,Landscaped,Near Public Transit
Water Source Public
Lot Size Area 4661
Foundation Details Slab
Number of Buildings 1
Building Area Total 2778
Street Suffix BOULEVARD
Lot Size Acres 0.11
Road Surface Type Paved,Asphalt
Number of Separate Electric Meters 5
Road Frontage Type Street Paved
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33706

Price
AVG $1.94M
$2.95M
Taxes
AVG $14,052
$11,398
Visits
AVG 724
500
Data Provided by Inside Real Estate®
Year Built
AVG 1957
1970