Active

9921 GULF BLVD

TREASURE ISLAND FL, 33706

$2,799,000


$1,202.32 per sqft

Active

4 Beds

4 Baths

2,328 sqft

Condo

Built in 1970

***PRICE IMPROVEMENT***
***SELLER FINANCING TERMS NOW AVAILABLE FOR QUALIFIED BUYERS***

Exquisite Gulf Coast Retreat with Stunning Rooftop Views. Welcome to a meticulously renovated gem nestled in the heart of Florida's thriving Gulf Coast community!

This extraordinary property has been transformed to maximize revenue potential and guest satisfaction, offering a seamless turn-key investment opportunity. Projected annual occupancy for this sparkling new residence is expected to near 80% (pro-forma is conservatively estimated @ 70%) with no rental restrictions, optimizing income potential benefits from a rare, grandfathered zoning for overnight accommodations, maximizing income potential and returning guest occupancy. Projections have been carefully & conservatively estimated in partnership with management company, available upon request.

PROFORMA AVAILABLE ON REQUEST.

This property is poised to deliver exceptional returns Day 1 with minimal upkeep expenses, making it an ideal investment opportunity in a highly sought-after location. Step inside to discover bespoke layouts and furnishings, highlighted by a captivating spiral staircase leading to a 400 sq ft. rooftop deck with breathtaking 360-degree views of the surrounding area.

Major nearby development projects & tourist attractions strengthen the potential for both short and long-term appreciation; chiefly the recently approved $6.5 billion Downtown St. Pete project (the largest in Tampa Bay's history) which includes 8 million sq. ft. of mixed-use space and $1.3 billion Tampa Bay Rays stadium as its centerpiece.

No detail has been spared in the revitalization of this property, featuring brand-new HVAC systems, a TPO membrane roof, PVC plumbing, hurricane impact windows, sound-dampening drywall and flooring, upgraded electrical systems, refreshed exterior stucco/paint, and meticulously manicured landscaping with irrigation. Constructed with solid block materials resistant to humidity, water, and salt air, this property ensures low-maintenance durability.

Boasting four exquisite 582 sq. ft., 1-bedroom / 1-bathroom units, each accommodating up to 4 guests comfortably, with interconnected doorways for added flexibility. Conveniently located across from public beach access, enhanced with newly installed city crosswalks for safety and convenience. The sale includes all luxury fixtures, furnishings, and guest amenities showcased in the photos, ensuring a smooth transition for the new owner.

Enjoy easy access to major highways, making vibrant cities like Tampa, Sarasota, and Orlando just a 90-minute drive away. Explore St. Petersburg's vibrant downtown area, only 15 minutes from your doorstep, offering exceptional shopping, dining, and entertainment options. Indulge in St. Pete Beach's world-renowned soft, silky sand beaches just moments away. Don't miss out--schedule your private tour today!

T3526746

MLS ID

May 16, 2024

Listed

October 2, 2024

Updated

Map

9921 GULF BLVD
TREASURE ISLAND FL, 33706

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

4


Full Bathrooms

4


Interior Features

Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments


Appliances

Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer


Laundry Description

Common Area, Laundry Closet, Outside


Floor Description

Luxury Vinyl, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Zoned


Heating

Yes


Heating Description

Electric, Zoned

Exterior/Building Features

Lot Size

0.11 Acres


Exterior Features

Balcony, Irrigation System


Lot Features

Landscaped, Near Public Transit


Roof

Membrane


Sewer

Public Sewer

Other Property Details

Area Name

33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl


Taxes

$11,398


Tax Frequency

Annually


Days on Market

117


Garage

No


View

No


County

Pinellas


Municipality

31


Water Source

See Remarks


Pool

No


Zoning

RFM-30

Listing History

Date

Event

Price

7/23/2024

Price change

$2,799,000

-6%

Listed by THE RAND WILSON GROUP
Listing Contact: 757-581-5283 

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Data last updated 10/2/2024, 4:03 AM UTC

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