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12315 Gulf Boulevard
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PRICED AT ONLY: $2,395,000

Address: 12315 Gulf Boulevard, TREASURE ISLAND, FL 33706

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. Permits are already in place, giving the new owner the opportunity to be one of the first hotels reopening on the beaches and to take advantage of the busy winter and spring seasons. Additional 10 unit hotel for sale next door, schedule your tour today.
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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
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  • MLS#: TB8322337 ( Residential Income )
  • Street Address: 12315 Gulf Boulevard
  • Viewed: 36
  • Price: $2,395,000
  • Price sqft: $535
  • Waterfront: No
  • Year Built: 1949
  • Bldg sqft: 4480
  • Bedrooms: 8
  • Total Baths: 8
  • Days On Market: 53
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Courtyard, Fence, Irrigation System, Sidewalk, Storage
  • Living Area: 4160.00
  • Roof: Metal
Garage and Parking
  • Garage Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2023
Other Features
  • Country: US
  • Interior Features: Eat-in Kitchen, Kitchen/Family Room Combo, Solid Wood Cabinets, Stone Counters
  • Legal Description: CONEY ISLAND BLK 11, LOTS 1, 2 & 3 LESS RD R/W
  • Area Major: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
  • Parcel Number: 15-31-15-17784-011-0010
  • Views: 36
Similar Properties

Details for 12100 Gulf Boulevard, TREASURE ISLAND, FL 33706
$2,749,000.00

12100 Gulf Boulevard Virtual Tour More Like This

Just the first floor of the hotel has been flooded from hurricane helene but is currently being remodeled! Second floor high and dry! Brand new roof just installed welcome to "the beachhouse" a cha

  1. MLSID: U8198831
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  3. Contact Dana Klima
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