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9921 Gulf Boulevard, Treasure Island, FL 33706
$2,950,000
9921 Gulf Boulevard, Treasure Island, FL 33706View this property at 9921 Gulf Boulevard, Treasure Island, FL 33706
9921 Gulf BoulevardTreasure IslandFL33706
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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 with assistance of property management company, 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 640 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!
Full Property Details
Full Property Details for 9921 Gulf Blvd
General
- Price: $2,950,000
- Taxes: $11,398 (2023)
- Status: Active
- Type: Commercial
- MLS ID: T3525965
- Updated: 5/17/2024
- Added to Site: 26 day(s) ago
Rental Information
- Complex Features: Furnished
Interior
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Flooring: Luxury Vinyl, Porcelain Tile
Additional Information
- Security/Safety: Closed Circuit Camera(s), Fire Alarm, Security Lights, Touchless Entry
Parking
- Parking Features: 6 to 12 Spaces
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: BOCA CIEGA PASS SUB
- Driving 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
- Direction Faces: West
Community
- Community Name: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
- Community Features: Beach Area, Sidewalks
- Management Type: Professional Off Site
- Mgmt. Company: Professional Off Site
Heating & Cooling
- Cooling Type: Central Air, Zoned
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Block, Stucco
- Basement Desc.: Other
- Roof: Membrane
- Ceiling Height: 8 to 9 Feet
- Windows: Blinds, Impact Glass/Storm Windows, Insulated Windows, Window Treatments
- Stories/Levels: Two
- Square Feet: 2,328
- Sq. Ft. Source: Estimated
- Year Built: 1970
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,661
- Lot Size: 4661
- Frontage: Business District, County Road, Main Throrughfare, State Road
- Street/Road Desc.: Asphalt
Green Features
- Energy Efficient: Energy Monitoring System, Thermostat
- Indoor Air Quality: No Smoking-Interior Buildg, No/Low VOC Cabinets/Counters, No/Low VOC Flooring, No/Low VOC Paint/Finish
- Water Conservation: Drip Irrigation, Water-Smart Landscaping
Financial Considerations
- Tax Amount: $11,398
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%-$395
- Ownership: Partnership
- Special Conditions: None
- Legal Description: BOCA CIEGA PASS SUB LOT 20 LESS ST
- Flood Zone Info: AE
- Disclosures/Reports: None
- APN: 263115096300000200
- Property ID: 263115096300000200
Listed by The Rand Wilson Group
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Schools
Schools serving 9921 Gulf Blvd
School District:Pinellas County School District
Rating | Name | Grades | Distance |
---|---|---|---|
1680 74th St N, St Petersburg, FL 33710 | PK-5 | 2.5 mi | |
7855 22nd Ave N, St Petersburg, FL 33710 | 6-8 | 2.7 mi | |
924 58th St S, Gulfport, FL 33707 | 9-12 | 3.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 9921 Gulf Blvd
Date
Details
Price
Change
Source
5/15/2024
Listed
$2,950,000
174.42%
MLS
6/09/2022
Sold
$1,075,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 9921 Gulf Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,398
54%
$692,738
63%
2021
$7,408
-6%
$425,000
-14%
2022
$7,910
7%
$495,000
18%
2021
$7,408
12%
$420,665
13%
2019
$6,602
6%
$373,715
6%
2018
$6,241
—
$353,651
-1%
2017
$6,252
9%
$356,990
13%
2016
$5,710
-2%
$314,554
—
2015
$5,855
3%
$314,409
4%
2014
$5,681
-2%
$303,600
-1%
2013
$5,790
—
$305,622
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 9921 Gulf Blvd
9921 Gulf Boulevard, Treasure Island, FL 33706 (MLS# T3525965) is a Commercial property. 9921 Gulf Boulevard is currently listed for $2,950,000 and was received on May 15, 2024. Want to learn more about 9921 Gulf Boulevard? Do you have questions about finding other Commercial 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.