About 12315 Gulf Boulevard
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.
Residential Income home for sale in TREASURE ISLAND, FL at 12315 Gulf Boulevard. This 8 bedroom Residential Income home is priced at $576/sqft
Features of 12315 Gulf Boulevard
MLS® # | TB8322337 |
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Price | $2,395,000 |
Sold Price | $2,060,000 |
Date Sold | January 31st, 2025 |
Bedrooms | 8 |
Bathrooms | 8.00 |
Square Footage | 4,160 |
Acres | 0.24 |
Year Built | 1949 |
Type | Residential Income |
Sub-Type | Multi-Family |
Status | Sold |
Community Information: Treasure Island
Address | 12315 Gulf Boulevard |
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Area | Pass a Grille Bch/St Pete Bch/Treasure Isl |
Subdivision | CONEY ISLAND |
City | TREASURE ISLAND |
County | Pinellas |
State | FL |
Zip Code | 33706 |
Amenities of 12315 Gulf Boulevard
Is Waterfront | No |
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Has Pool | No |
Interior of 12315 Gulf Boulevard
Interior Features | Eat-in Kitchen, Kitchen/Family Room Combo, Solid Wood Cabinets, Stone Counters |
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Heating | Central, Electric |
Cooling | Central Air |
Fireplace | No |
Exterior of 12315 Gulf Boulevard
Exterior Features | Courtyard, Fence, Irrigation System, Sidewalk, Storage |
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Roof | Metal |
Foundation | Slab |
Additional Information On 12315 Gulf Boulevard
Date Listed | November 18th, 2024 |
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Days on Market | 97 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | ENGEL & VOLKERS MADEIRA BEACH |
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