12112-12116 GULF BLVD, Treasure Island, FL 33706

$1,085,000

$1,095,000

0.9%

Est.Price: ?

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Est. payment -/mo

3,672 SqFt

SOLD DATE : 08/31/2021

Key Details

Sold Price $1,085,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,672 sqft

Price per Sqft $295

Subdivision Coney Island

MLS Listing ID U8129840

Sold Date 08/31/21

Construction Status Inspections

HOA Y/N No

Year Built 1954

Annual Tax Amount $10,494

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 80x92

Property Description

Check the attachments for financial information on this 8 unit multi family / hotel on the beach side of Gulf Blvd in Treasure Island. This hotel is rented on a weekly basis to long term tenants with no leases except for unit #5 which has a 36 month lease. The roof was replaced in the last 5 years and all of the suites were renovated. The unit mix is 3 Studios, 4 one bedroom and 1 two bedroom suites. There is a 9th unfinished small studio currently being used for storage but could be renovated into another small rental unit. Currently the property is self managed and self insured by the owners.

The Offering Memorandum is in the attachments. Click on the link in the Offering Memorandum for the full financials.

Location

State FL

County Pinellas

Community Coney Island

Interior

Interior Features Ceiling Fans(s)

Heating Central

Cooling Other

Fireplace false

Exterior

Exterior Feature Lighting

Parking Features Common

Utilities Available Cable Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights

Water Access 1

Water Access Desc Beach - Public

Roof Type Membrane

Porch Patio

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Construction Status Inspections

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

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Keith Houtz

keithhoutz@outlook.com +1(727) 415-4982

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Listed by TROPICAL REALTY PARTNERS LLC
Bought with RE/MAX ACTION FIRST OF FLORIDA

Since 2005, I have lived and helped clients in the Tampa Bay area, covering Pasco, Pinellas, Hernando, and Hillsborough Counties. I know and stay tuned into the developing and growing areas of Tampa Bay. Experience, Integrity, and Professionalism.
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+1(727) 415-4982

keithhoutz@outlook.com

3903 Northdale Blvd Suite 100E, Tampa, FL, 33624, United States

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