9921 GULF BOULEVARD TREASURE ISLAND FL 33706 MLS #T3526714 | Gary Kusher | Florida Real Estate

9921 GULF BOULEVARD
TREASURE ISLAND, FL, 33706
$2,799,000
4 Beds
4 Baths
2,328 SqFt
0.11 Acres
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***PRICE IMPROVEMENT***

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

– 3 or 5-year Interest-Only, Balloon Mortgage

– As low as 7% APR

– 50% Down at Closing

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.

***Property can easily be self-managed to capture an additional 18% Gross Margin***

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!

Property Details

Price:
$2,799,000
MLS #:
T3526714
Status:
Active
Beds:
4
Baths:
4
Address:
9921 GULF BOULEVARD
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
BOCA CIEGA PASS SUB
City:
TREASURE ISLAND
Listed Date:
May 15, 2024
State:
FL
Finished Sq Ft:
2,328
ZIP:
33706
Lot Size:
4,661 sqft / 0.11 acres (approx)
Year Built:
1970
Units:
4
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I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.

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Schools

Interior

Appliances
Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
Cooling
Central Air, Zoned
Flooring
Luxury Vinyl, Porcelain Tile
Heating
Electric, Zoned
Laundry Features
Common Area, Outside

Exterior

Construction Materials
Block, Stucco
Exterior Features
Awning(s), Balcony, Irrigation System, Lighting
Parking Features
Common
Roof
Membrane

Financial

Tax Year
2023
Taxes
$11,398

Map

Community

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9921 GULF BOULEVARD
TREASURE ISLAND, FL