8301 Gulf Boulevard, Treasure Island, FL 33706
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  • MLS#: TB8464657 ( ResidentialIncome )
  • Street Address: 8301 Gulf Boulevard
  • Viewed: 1
  • Price: $1,495,000
  • Price sqft: $521
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: BeachAccess
  • Year Built: 1947
  • Bldg sqft: 2871
  • Bedrooms: 4
  • Total Baths: 4
  • Days On Market: 97
  • Additional Information
  • Geolocation: 27.7464 / -82.7603
  • County: PINELLAS
  • City: Treasure Island
  • Zipcode: 33706
  • Subdivision: Sunset Beach
  • Provided by: GULFSIDE REALTY SALES
  • DMCA Notice
  • Description
    This Solid block building directly across from the sugary sands of Sunset Beach, is a rare opportunity to own a four unit property in the heart of the highly sought after Sunset Beach neighborhood. Located directly across the street from Sunset Beach access, the property offers a location that consistently appeals to both long term tenants and short term renters. Sunset Beach is known for its quiet, walkable streets, limited inventory, and authentic coastal charm, making it one of the most desirable and tightly held areas along the Gulf Beaches.The property consists of four one bedroom, one bath units, all currently occupied by annual tenants and operated as unfurnished long term rentals. Each unit is separately metered for electric, and the building includes shared laundry facilities, upstairs and downstairs patios, ample parking, and additional storage. As currently operated, the property provides steady income with an estimated cap rate of approximately 5%. For a buyer looking ahead, there is clear upside potential. Given its beachside location and layout, the highest and best use of the property is as a short term or seasonal rental operation(1 month minimum 5 times per year), where projected returns could increase to approximately 79%(PRO FORMA AVAILABLE). This flexibility allows a new owner to enjoy reliable income today while maintaining the option to reposition the property in the future and take full advantage of its exceptional Sunset Beach location. Brand new coin operated landry offsets most of the common power and water for the building *Bottom 2 units were flooded during Hurricane Helene and were remediated with permits. All zoning nd other material facts should be verified by the buyer an or their agent. DO NOT DISTURB TENANTS
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Awnings, FrenchPatioDoors, Lighting, RainGutters, Storage
  • Flooring: CeramicTile, LuxuryVinyl, Wood
  • Living Area: 2871.00
  • Roof: Shingle
Land Information
  • Lot Features: CityLot, Landscaped, NearPublicTransit
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Guest, Open
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir, CeilingFans
  • Heating: Electric, HeatPump
  • Pets Allowed: Yes
  • Sewer: PublicSewer
  • Utilities: ElectricityConnected, HighSpeedInternetAvailable
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2025
  • Trash Expense: 0.00
Rental Information
  • Tenant Pays: Electricity
Other Features
  • Appliances: ConvectionOven, Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Country: US
  • Interior Features: BuiltInFeatures, CeilingFans, WalkInClosets
  • Legal Description: SUNSET BEACH UNIT 1 BLK 3, PT OF LOTS 3 & 4 DESC BEG MOST S'LY COR OF LOT 4 TH N26DW 100FT TH N64DE
  • Area Major: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
  • Occupant Type: Tenant
  • Parcel Number: 36-31-15-87390-003-0031
  • Possession: CloseOfEscrow
  • The Range: 0.00
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