Active
12315 GULF BLVD
TREASURE ISLAND FL, 33706
$2,395,000
$575.72 per sqft
Active
8 Beds
8 Baths
4,160 sqft
Multi-family
Built in 1949
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. Additional 10 unit hotel for sale next-door, schedule your tour today.
TB8322337
MLSⓇ ID
November 18, 2024
Listed
January 17, 2025
Updated
Map
12315 GULF BLVD
TREASURE ISLAND FL, 33706
Interior Features
Bedrooms
8
Total Bathrooms
8
Interior Features
Eat-in Kitchen, Kitchen/Family Room Combo, Solid Wood Cabinets, Stone Counters
Laundry Description
Laundry Room
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central, Electric
Exterior/Building Features
Lot Size
0.24 Acres
Exterior Features
Courtyard, Fence, Irrigation System, Sidewalk, Storage
Roof
Metal
Sewer
Public Sewer
Other Property Details
Area Name
33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Taxes
$14,809
Tax Frequency
Annually
Days on Market
60
Association Fee Frequency
Monthly
Garage
No
View
No
County
Pinellas
Municipality
31
Water Source
Public
Pool
No
Listed by ENGEL & VOLKERS MADEIRA BEACH
Listing Contact: 727-394-7365
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of Stellar MLS. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Chenault Group participates in the Stellar MLS Internet Data Exchange (IDX) program, allowing display of other Stellar MLS broker's listings on this site. However, may not include all listings currently available. Information is deemed reliable but not guaranteed. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
©2025 Stellar MLS. All rights reserved.
Data last updated 1/17/2025, 5:56 PM UTC