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$2,850,000

  • Sold
  • Closed
  • Multi-Family
  • 12 Units
  • 0.26 Acres
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Auction Property. 10 cap rate! Welcome to Cabanas of Treasure Island, a boutique hotel in the heart of Treasure Island. This recently renovated, licensed hotel features 12 rooms. This hotel is zoned and licensed for daily rentals. There are 3 studios each with 2 queen beds, 4 king bed studios, 4 one-bedroom suites with a kitchenette and additional pull-out sofa with a Tempurpedic sofa mattress in the living area. There is also a private 1 bedroom suite with kitchen for roomier or extended stays. Extensive renovations were completed and the hotel was relaunched in March 2023. Guests are greeted by a custom, locally painted mural inspired by a vintage postcard. The relaxing courtyard beckons guests to lounge and enjoy the Gulf breezes and sunshine. Guests love the plush seating, family games and BBQ grill with picnic table for those who enjoy grilling on vacation. There is ample parking for guests and the rooms feature the convenience of self check-in. Guests love the proximity to the beach across the street. Guests will love the few steps to the sand and multiple restaurants and live music options nearby. Guests will also love the close proximity to John's Pass Village & Boardwalk, Pinellas County's #1 tourist attraction - it's only a 2 minute drive, short trolley ride or 15 minute walk away. Guests will rave over the 100+ merchants with unique retail shops, restaurants, dolphin and fishing tours, boat and jet ski rentals, and parasailing.

Full Property Details for 12035 Gulf Blvd

General

  • Sold For: $2,850,000
  • Taxes: $41,118 (2023)
  • Status: Closed
  • Type: Multi-Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: U8225820
  • Added to Site: 764 day(s) ago

Rental Information

  • Min. Lease: No Minimum

Interior

  • Interior Features: Ceiling Fan(s)
  • Furnishings: Turnkey

Rooms

Bathrooms

  • Total Bathrooms: 12

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Laundry Room

Exterior

  • Exterior Features: Courtyard, Fenced, Outdoor Grill, Sidewalk, Storage

Parking

  • Parking Features: Ground Level, Off Street, Open

Location

  • Area: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
  • County: Pinellas
  • Development Name: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
  • Subdivision: CONEY ISLAND
  • Driving Directions: Central Ave west over the Treasure Island Causeway. Right onto Gulf Blvd. Motel between 120 and 121st Ave on right.

Community

  • Community Name: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Wall Units / Window Unit

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV Available, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights, Water Connected

Structural Information

  • # Buildings: 1
  • Exterior Const.: Block, Concrete, Stucco
  • Roof: Shingle
  • Common Walls: Corner Unit
  • Square Feet: 3,434
  • Sq. Ft. Source: Public Records
  • Living Area: 3,434 Sq. Ft.
  • Year Built: 1952

Lot Features

  • Lot Size (Acres): 0.26
  • Lot Size (Sq. Ft.): 11,616
  • Lot Size: 11616
  • Frontage: Street Paved
  • Street/Road Desc.: Paved

Financial Considerations

  • Tax Amount: $41,118
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: Auction
  • Legal Description: CONEY ISLAND BLK 17, LOTS 4, 5 AND 6 LESS RD (SEE N23-31-15)
  • Flood Zone Info: AE
  • APN: 153115177840170040
  • Property ID: 153115177840170040
  • Block/Lot/Section: 17

Listed by Engel & Volkers Madeira Beach
Sold by Engel & Volkers Madeira Beach

Listing agents

— 12035 Gulf Blvd —

  • Engel & Volkers Madeira Beach

  • Engel & Volkers Madeira Beach

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 12035 Gulf Blvd

School District:Pinellas County School District
NameGradesDistance
Azalea Elementary School
1680 74th St N, St. Petersburg, FL 33710
PK-52.4 mi
Azalea Middle School
7855 22nd Ave N, St. Petersburg, FL 33710
6-82.3 mi
Boca Ciega High School
924 58th Street South, Gulfport, FL 33707
9-124.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12035 Gulf Blvd

Date
Details
Price
Change
Source
5/07/2024
Sold
$2,850,000
-28.75%
MLS
1/08/2024
Listed
$3,999,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Engel & Volkers Madeira Beach
Sold by Engel & Volkers Madeira Beach

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7201 Grevilla Ave S, South Pasadena, FL 33707 - Photo 1 Just Listed
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7201 Grevilla Ave S  South Pasadena, FL 33707

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Price Reduced near 12035 Gulf Blvd

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7600 Sun Island Dr S, South Pasadena, FL 33707 - Photo 1 Price Reduced
-$20,000 (-2.3%)
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7050 Sunset Dr S, South Pasadena, FL 33707 - Photo 1 Price Reduced
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Recent Sales near 12035 Gulf Blvd

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12458 1st St W, Treasure Island, FL 33706 - Photo 1 Sold
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12458 1st St W  Treasure Island, FL 33706

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326 129th Ave E, Madeira Beach, FL 33708 - Photo 1 Sold
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326 129th Ave E  Madeira Beach, FL 33708

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11005 8th St E  Treasure Island, FL 33706

  • Lots/Land
  • Closed
  • 0.36
    Acres
Listed by Five Star Florida
Sold by The Keyes Company

12035 Gulf Boulevard, Treasure Island, FL 33706 (MLS# U8225820) is a Multi-Family property that was sold at $2,850,000 on May 07, 2024. Want to learn more about 12035 Gulf Boulevard? Do you have questions about finding other Multi-Family real estate for sale in Treasure Island? You can browse all Treasure Island real estate or contact a Coldwell Banker agent to request more information.