12315 Gulf Boulevard, TREASURE ISLAND, FL

$2,395,000

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8

Beds

8

Baths

4,160

Square feet

0.24

Acres

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
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
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
Has Pool No

Interior of 12315 Gulf Boulevard

Interior Features Eat-in Kitchen, Kitchen/Family Room Combo, Solid Wood Cabinets, Stone Counters
Heating Central, Electric
Cooling Central Air
Fireplace No

Exterior of 12315 Gulf Boulevard

Exterior Features Courtyard, Fence, Irrigation System, Sidewalk, Storage
Roof Metal
Foundation Slab

Additional Information On 12315 Gulf Boulevard

Date Listed November 18th, 2024
Days on Market 97
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeENGEL & VOLKERS MADEIRA BEACH

Map To 12315 Gulf Boulevard, TREASURE ISLAND

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