11965 GULF BOULEVARD

TREASURE ISLAND, FL, 33706

$4,500,000

$947 per ft²
$4,500,000
$947 per ft²
Active
Active
 - For Sale
beds
12 Beds
baths
11 Baths
carpenters-square
4,747 ft²
property_type
Condo
calendar
Built 1954
We are proud to present Boutique, Beach, Retreat; a beach vacation rental boutique hotel, and event complex, located steps from Treasure Island Beaches.This turn-key licensed hotel is zoned for daily rentals, professionally managed at peak performance and Cap Rate. The property was updated in/out in 2021, with branding unique to Gulf Blvd! There are 11 furnished and stocked units: 1 two bedroom suite w/full kitchen (can be used as managers quarters), 1 large efficiency w/full eat in kitchen and a partition that makes it a 1 bedroom, 6 efficiencies w/full kitchens, 3 hotel rooms w/kitchenettes, an office, an upstairs storage room for guest and cleaning supplies, and a coin operated laundry area. The paved courtyard has furnishings, lush tropical backdrop, and balconies with partial beach views that overlook the heated pool. There is an outdoor grill, shower, and beach gear for guests..All 11 units have work spaces, dining areas, Smart TVs, a parking space, and the grounds are covered by high speed Mesh WiFi. Just 1 block from Treasure Island Beaches and the TI Beach Trail, with a Circle K next door and the Shake Shop across the street. The hotel is professionally managed and staffed including cleaning and maintenance. With a full price offer, intellectual property is included: Airbnb, VRBO, Booking.com accounts, direct booking website, domain, 360 tour, and PMS w/Dynamic Pricing. EVERYTHING is in place for cash flow DAY ONE w/passive income and great cap rate *Seller has 7 additional SFR Short-Term Rentals that can be purchased as a package with the hotel
MLS® ID:
O6024020
Listed:
5/8/22
Updated:
8/11/22

Interior Features

Kitchen Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Total Bedrooms
12
Full Bathrooms
11
Interior Features
Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Window Treatments
Floor Description
Carpet, Ceramic Tile, Laminate
Cooling
Wall/Window Unit(s)
Heating
Electric

Exterior/Building Features

Lot Size
7,383 ft² lot
Exterior Features
Balcony, Fence, Hurricane Shutters, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Storage
Roof
Membrane
Sewer
Public Sewer

Other Property Details

Area Name
33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Taxes
$9118
Tax Frequency
per YEAR
HOA Amenities
None
Garage
No
Parking
N
View
N
County
Pinellas
Utilities
Cable Connected, Electricity Connected, Phone Available, Street Lights, Underground Utilities, Water Connected
Water Source
Public
Pool
Yes
Pool Description
Child Safety Fence, Deck, Gunite
Total Stories
2

Property History

Date
Event
Price
Value
8/3/22
Price Change
$4,500,000
107%
8/2/22
Active
-
-
6/14/22
Pending
-
-

Courtesy of BEYCOME OF FLORIDA LLC

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Data last updated 8/11/22, 8:17 AM UTC

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