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  • MLS#: TB8322337 ( Residential Income )
  • Street Address: 12315 Gulf Boulevard
  • Viewed: 18
  • Price: $2,395,000
  • Price sqft: $535
  • Waterfront: No
  • Year Built: 1949
  • Bldg sqft: 4480
  • Bedrooms: 8
  • Total Baths: 8
  • Days On Market: 39
  • Additional Information
  • Geolocation: 27.7786 / -82.7795
  • County: PINELLAS
  • City: TREASURE ISLAND
  • Zipcode: 33706
  • Subdivision: Coney Island
  • Provided by: ENGEL & VOLKERS MADEIRA BEACH
  • Contact: Evan Pedone
  • 727-394-7365
  • mfrmls
  • DMCA Notice
  • 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.
Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Courtyard
  2. Fence
  3. Irrigation System
  4. Sidewalk
  5. Storage
Garage Spaces
  1. 0.00
Heating
  1. Central
  2. Electric
Interior Features
  1. Eat-in Kitchen
  2. Kitchen/Family Room Combo
  3. Solid Wood Cabinets
  4. Stone Counters
Legal Description
  1. CONEY ISLAND BLK 11
  2. LOTS 1
  3. 2 & 3 LESS RD R/W
Living Area
  1. 4160.00
Area Major
  1. 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Net Operating Income
  1. 0.00
Parcel Number
  1. 15-31-15-17784-011-0010
Property Type
  1. Residential Income
Roof
  1. Metal
Sewer
  1. Public Sewer
Tax Year
  1. 2023
Township
  1. 31
Utilities
  1. Cable Connected
  2. Electricity Connected
  3. Phone Available
  4. Public
  5. Sewer Connected
  6. Street Lights
  7. Water Connected
Views
  1. 18
Water Source
  1. Public
Year Built
  1. 1949