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$2,395,000

Sold

A year ago

12315 Gulf Blvd, Treasure Island, FL

House

MLS® TB8322337

Buyer represented by an agent of ENGEL & VOLKERS MADEIRA BEACH

8 Bed

8 Bath

4160 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 4160 sqft
Garage 
Taxes $14,809
Lot Size 
Approx. Age 1949
Avg. Price Per Sqft $575
MLS® Number TB8322337

Property Address: 12315 Gulf Blvd, TREASURE ISLAND, FL, 33706-5011

Average square foot calculated using Size range provided by listing agent.

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. Additional 10 unit hotel for sale next-door, schedule your tour today.
MLS® NumberTB8322337
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1949
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Jan 31, 2025End Date
$2,060,000Sold Price

Sold

Nov 18, 2024List Date
$2,395,000List Price
  • Commute

Commute

Starting Address
Destination Address
12315 Gulf Blvd, Treasure Island, FL

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