Address
7901 W Gulf BOULEVARD, TREASURE ISLAND, FL
Price
$ 5,400,000
Property Attributes
- MLS#U8221124
- TypeIncome
- CountyPINELLAS
- CityTREASURE ISLAND
- AreaPass a Grille Bch-St Pete Bch-Treasure Isl
- NeighborhoodPenguin Cabana Sub
- Zip33706
- StyleMulti Family
- Year Built1952
- Taxes$ 7886
- Price$ 5,400,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3184
- Lot Size10,890 SqFt
Data Source:
Stellar MLS
Property Description
Ranked as part of the #1 hotel in Treasure Island on Trip Advisor and just steps from Sunset Beach, these 5 ‘Old Florida’ style cottages welcome guests with fresh, bright colored exteriors and interiors with mid century flare. Together with the vacant lot, these 5 buildings offer a unique vacation rental opportunity. Currently zoned for daily rentals. There is 1 duplex and 4 cottages all with unique names and colors. All units are turn-key and offer full kitchens with living/dining areas, flatscreen TVs, and a dedicated off street parking spot. Cabana 1 & 2 (duplex) offers two one-bedroom, one bath units. Across the courtyard, you will find the other cottages, two one-bedroom one-bath cottages (The Blue Lagoon & The Coral Lee), one two-bedroom one-bath (The Captain) and one two-bedroom two-bath cottage (The Gulfview). The Captain & The Coral Lee cottages were barged over from MacDill Air Force Base and were former officer’s quarters prior to finding their home on Sunset Beach after WW2. Almost all units feature new water heaters, new kitchen cabinets, new bathroom vanities and new kitchen appliances. Guests love the few steps to the beach located directly across the street, unobstructed Gulf breezes, stunning sunsets and the Sunset Beach vibe! The newly re-nourished beach will beckon guests to sit back, relax and stay a while. Delicious food and tiki bars are within walking distance. Guests will love the few steps to the sand and multitude of entertainment options close by like dolphin tours, pirate ship tour, and sunset sailing. Guests will also love the close proximity to John's Pass Village & Boardwalk, Pinellas County's #1 tourist attraction- it's only an 8 minute drive or short trolley ride away. Guests will rave over the 100+ merchants with unique retail shops, restaurants, shelling and fishing tours, boat and jet ski rentals, and parasailing. The Sunset Inn, located next door, is willing to act as the rental management company for the new buyer if needed. Also includes a vacant lot for a total of 6 parcels, 5 individual buildings (6 rental units).
| Price History | |
|---|---|
| 11/18/2023 | Listed $5,400,000 |
General Features
| Interior Features | Open Floorplan,Solid Surface Counters,Solid Wood Cabinets |
|---|---|
| Sewer | Public Sewer |
| Heating | Electric |
| Cooling | Mini-Split Unit(s) |
| Utilities | Electricity Connected,Phone Available,Public,Sewer Connected,Water Connected |
| Roof | Membrane,Shingle |
| Appliances | Microwave,Refrigerator |
| Exterior Features | Courtyard,Outdoor Shower |
| Construction Materials | Block,Wood Frame |
| Year Built | 1952 |
| Property SubType | Multi Family |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| County | Pinellas |
| New Construction | No |
| Property Type | Residential Income |
| HOA / Comm Assn | No |
| Subdivision Name | PENGUIN CABANA SUB |
| Garage Y/N | No |
| Status | Active |
| Directions | Take Gulf Blvd south to W. Gulf Blvd. Follow down and turn left onto 79th Ave. Listings is for all 5 buildings. |
| City | TREASURE ISLAND |
| Buyer Agent Compensation | 2.0%-$295 |
| Senior Community Y/N | No |
| Total Units | 6 |
| MLS Area | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl |
| Lot Size Square Feet | 10960 |
| Private Pool | No |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Gulf |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 7886.11 |
| Public Remarks | Ranked as part of the #1 hotel in Treasure Island on Trip Advisor and just steps from Sunset Beach,these 5 Old Florida style cottages welcome guests with fresh,bright colored exteriors and interiors |
| Lease Considered Y/N | Yes |
| Days on Market | 62 |
| Standard Status | Active |
| Tax Lot | 520 |
| Legal Description | PENGUIN CABANA SUB LOT 51 |
| Minimum Lease | No Minimum |
| Water Access Y/N | No |
| Water View Y/N | No |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | BOULEVARD |
| LivingAreaSource | Public Records |
| Living Area Units | Square Feet |
Exterior Features
| Parking Features | Assigned |
|---|---|
| Lot Features | Corner Lot,Flood Insurance Required,FloodZone,City Lot,Near Public Transit,Sidewalk |
| Water Source | Public |
| Lot Size Area | 10960 |
| Foundation Details | Pillar/Post/Pier,Slab |
| Number of Buildings | 5 |
| Building Area Total | 3907 |
| Lot Size Acres | 0.25 |
| Road Surface Type | Paved |
| Lot Size Units | Square Feet |
| Road Frontage Type | Street Paved |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 33706
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 11, 2024 2:45 PM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
