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11295 Gulf BOULEVARD, Treasure Island, FL, 33706 | $2,800,000
Auction Property. . . . OWNERS’ HEALTH IS FORCING SALE……. EVERYONE WELCOME TO BID. Commercial Waterfront Property. Auction sale will be Held at the Site on Wednesday, July 17th at 10: 00 AM. Preview starts at 9: 00 am. This property may sell for more or less than the listed price. Zoned RFM-30 which allows nightly rentals plus many, many otheruses. See attachment for allowable uses. At no additional cost you will receive current permits and approved engineering plans for a ready-to-build 6-story Condotel with all necessary permits and approved engineering plans for 12 condo units, each with balconies offering views of both the Intercoastal Waterway and the Beach. Eleven units range from 1, 072 to 1, 555 sq ft, including balconie. Penthouse spans 2, 892 sq ft with 1, 252 sq ft heated. Owners can either self-manage or hire a property management company, with completed HOA documents ensuring smooth operation. Treasure Palms Resort offers excellent ROI potential, whether treated as a Condotel (e. g. , Airbnb, VRBO) or by selling individual units. Public beach access and parking are just 200 feet away. Nearby amenities within a three-mile radius include hundreds of restaurants, bars, beaches, boating, fishing trips, and tours. The resort is within walking distance of lively restaurants and Tiki bars, and the wide beaches are perfect for activities like kite flying, reading under cabanas, and enjoying Gulf views. Paddleboards, kayaks, and beach toys are available for rent. Local attractions include the historic John's Pass fishing village, offering jet skiing, water skiing, boating, parasailing, dolphin tours, and unique retail shopping. Nearby beaches like Clearwater Beach, Honeymoon Island, Caladesi Island, and Ft Desoto State Park, along with the vibrant nightlife of St. Petersburg and Tampa, are also close by. Treasure Island boasts white sandy beaches, pristine waters, and family-friendly attractions, making it an ideal destination for vacation homes or permanent residences. . . . . . . . BUYER will receive a general warranty deed free and clear of all debts, guaranteed with a title insurance policy at closing. . . . . For Auction Terms and Conditions please contact American Heritage Auctioneers. . .
Features
- Property Type: Mixed Use
- Construction: Other
- Utilities: Electricity Available
- Cooling: Other
- Lot Size: 100 x 187
- Year Built: 1900
- Acreage: 0.42
- Est. Taxes: $25,820
- MLS#: U8248191
- Days on Market: 5 days
- Website: https://www.raveis.com
/prop/U8248191/11295gulfboulevard_treasureisland_fl?source=qrflyer
Listing courtesy of AMERICAN HERITAGE REALTY, INC. Phone: 727-726-7272
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
11295 Gulf BOULEVARD, Treasure Island, FL, 33706
$2,800,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,240,000 | $2,240,000 | $2,240,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.125% | 6.875% | 6.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.838% | 6.989% | 6.850% |
| Monthly Tax Payment | $2,152 | $2,152 | $2,152 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $15,091 | $14,715 | $19,667 |
| Total Monthly Payment | $17,368 | $16,992 | $21,944 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388