10218 GULF BLVD, Treasure Island, FL 33706
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10218 GULF BLVD, Treasure Island, FL 33706
10218 GULF BLVD, Treasure Island, FL 33706
10218 GULF BLVD, Treasure Island, FL 33706
10218 GULF BLVD, Treasure Island, FL 33706
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10218 GULF BLVD Treasure Island, FL 33706

6 Beds

5 Baths

3,037 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,037 sqft

Price per Sqft $954

Subdivision Sawyer & Harrells Add

MLS Listing ID TB8549492

Bedrooms 6

HOA Y/N No

Year Built 1925

Annual Tax Amount $25,284

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 50x130

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

RARE GULF-FRONT HOTEL-ZONED OPPORTUNITY IN TREASURE ISLAND! Located directly on the Gulf of Mexico, 10218 Gulf Blvd offers approximately 50 feet of Gulf frontage on a 6,500-square-foot lot with highly desirable RFH-50 zoning, allowing residential/hotel development at a density of up to 50 units per acre.

The property currently contains four living units totaling approximately 3,037 heated square feet: a 2-bedroom/2-bath unit of approximately 1,190 sq. ft., a studio/1-bath of approximately 400 sq. ft., a 3-bedroom/1-bath of approximately 750 sq. ft., and a 1-bedroom/1-bath of approximately 697 sq. ft.

The property sustained damage during the 2024 storms, but immediate remediation was performed afterward. The upstairs street-side unit has power and remained occupied throughout. The remaining units provide an opportunity for a buyer to evaluate renovation and restoration of the existing improvements, while the property's RFH-50 zoning creates an entirely different opportunity for those considering redevelopment.

And there may be an even bigger opportunity: the adjacent property at 10220 Gulf Blvd may also be available, potentially creating an assemblage of approximately 100 feet of Gulf frontage for a larger hospitality or redevelopment concept.

Whether the vision is to restore the existing four-unit property, redevelop 10218 on its own, or explore assembling both neighboring Gulf-front parcels, opportunities combining this location, Gulf frontage and hotel zoning are increasingly difficult to find along the Pinellas beaches.

Property is being sold AS-IS. Buyers and their representatives are responsible for independently verifying zoning, density, permitted uses, rental regulations, existing unit status, building condition, FEMA/flood requirements and redevelopment potential with the appropriate governmental authorities.

Location

State FL

County Pinellas

Community Sawyer & Harrells Add

Area 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl

Zoning RFH-50

Interior

Interior Features Ninguno

Heating Central, Ductless

Cooling Central Air, Wall/Window Unit(s)

Fireplaces Type Stone

Fireplace true

Laundry Other

Exterior

Exterior Feature Other

Utilities Available BB/HS Internet Available, Electricity Available, Sewer Available

Waterfront Description Beach Front

View Y/N Yes

Water Access Yes

Water Access Desc Beach,Gulf/Ocean

View Water, Beach, Gulf/Ocean - Full

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Other

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Stone,Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None


Stellar MLS
Listed by Hendrik Bisanz SEASALT PROPERTIES
Jamie Barkley

Jamie Barkley

General Sales Manager License ID: 3449818

+1(386) 315-3577

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10218 GULF BLVD