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Listing 20 out of 163
$1,300,000 For Sale

11295 Gulf Boulevard
Treasure Island, FL 33706

6 units | Multi Family Home
18295 sq ft - MLS# U8033296
Property Photo
1/16

Description

Earn income while going through the developmental process for this .4238 acre parcel directly on Gulf BL across from Treasure Island Beach. Income producing 6 unit Treasure Island property! One two story 4 bedroom 2 bath single family producing $1395/month PLUS 5 unit single story building producing $3680/month. All units are currently occupied with annual leases with an option to renew. Property has 100 feet footage on Gulf Blvd and the canal with easy access to John's Pass and the Gulf of Mexico. According to the City of Treasure Island: Size – 0.4238 acres Zoning – RFM 30 Base Flood Elevation – AE 11 (New Flood Maps are currently being reviewed by FEMA. Anticipated adoption is within 24 months.) Required Freeboard - +2 feet Allowed Density – 30 Units per acre for Hotels/Motels/Condo-Hotels – 15 Units per acre for multi-family dwellings (Condo – Non-Tourist Dwelling) Actual Density - Hotels/Motels/Condo-Hotels 12 Units can be placed on this parcel - (for 0.4238 ac) Multi-family dwellings (Condo – Non-Tourist Dwelling) 6 Units can be placed on this parcel

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi-Family
  • Listing Status: Active
  • County/Area: Pinellas County
  • Zip Code: 33706
  • Year Built: 1949
  • Sq.Ft.: 3,760 sq ft
  • Style: Multi-Family (Multi-Family)
  • Units: 6 units
  • Lot Size: 18295 sq ft
  • View: Canal Yes
  • Waterfront: Seawall - Concrete Canal - Saltwater Yes
  • Annual Expenses: 45604
  • Annual Net Income: 15295.90
  • Building Area Source: Public Records
  • Building Area Total: 5202.00
  • Building Name Number: TARHEELIA MOTEL AND APARTMENTS
  • Carport Spaces: 6
  • Carport YN: Yes
  • Complex Community Name NCCB: TARHEELIA MOTEL &APT
  • Construction Materials: Block
  • Cooling: Wall/Window Unit(s)
  • Country: US
  • Exterior Features: Sidewalk
  • Gross Income: 60900
  • Heating: Wall Units / Window Unit
  • Lease Term: 12 Months
  • Lot Dimensions: 100 x 187
  • Lot Features: FloodZone
  • Lot Size Square Feet: 18461
  • Minimum Lease: No Minimum
  • Parcel Number: 23-31-15-00000-240-1500
  • Parking Features: Assigned, Covered, Off Street
  • Property Condition: Completed
  • Roof: Shingle
  • Tax Year: 2017
  • Tenant Pays: Electricity
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Total Actual Rent: 5075
  • Total Num Buildings: 2
  • Township: 31
  • Unit Count: 4
  • Utilities: Public
  • Water Access: Canal - Saltwater, Yes
  • Water Extras YN: Yes
  • Water Frontage Feet Canal Salt: 100
  • Waterfront Feet Total: 100
Courtesy of Bhhs Florida Properties Group

Alex Williams* | 727-418-1570 | Contact Me
Saint Petersburg, Florida
Copyright ©, All Rights Reserved

Dalton Wade Realty
600 1St Ave N Ste 303A
St.Petersburg, Fl​

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