12100 Gulf BOULEVARD, Treasure Island, FL, 33706 | $2,749,000

JUST THE FIRST FLOOR OF THE HOTEL HAS BEEN FLOODED FROM HURRICANE HELENE BUT IS CURRENTLY BEING REMODELED!
SECOND FLOOR HIGH AND DRY!
BRAND NEW ROOF JUST INSTALLED
Welcome to "The Beachhouse" a charming and unique 9-room boutique hotel (equipped for 10 units if you use the current office space)
The hotel is merely a 100 yards away from the sugary beaches of the sand and surf of Treasure Island.
This delightful hotel offers a cozy and welcoming atmosphere, perfect for those seeking a laid-back coastal vacation experience.
Each room is thoughtfully designed to maximize comfort and functionality, featuring a kitchenette, a bathroom, a comfortable bed, along with a futon to accommodate an additional guest.
These beachside retreat rooms offer everything you need for a comfortable and enjoyable stay.
In addition, there is a newly paved front courtyard with tables and chairs allowing one to enjoy a morning coffee or feel free to unwind with a refreshing adult beverage after a day at the beach.
The hotel offers ample parking for each guest.
This turnkey hotel is a rare find, providing a great opportunity for investors looking for a property that is ready to use as an Airbnb.
Makes a great 1031 Exchange too!
The coastal and cozy atmosphere of the hotel makes it a popular choice for vacationers looking for a unique and memorable experience.
Upgrades include a newer metal roof, newer exterior and interior paint, newer furniture, newer windows, newer Air Condtioning units and newer electrical panels. There will also be an attached feature sheet to include additional items.
Do not miss out on this amazing opportunity to own a charming and unique beach-side hotel in one of the most sought after locations in Treasure Island.
All financials will be sent upon request.

Features

  • Units: 9
  • Lot Size: 40 x 102
  • Year Built: 1956
  • Garage: Assigned
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 3,780
  • Acreage: 0.1
  • Lot Size: 40 x 102
  • Est. Taxes: $20,713
  • Lot Desc: FloodZone, City Lot, Level, Near Public Transit, Sidewalk
  • Appliances: Microwave, Refrigerator
  • MLS#: U8198831
  • Days on Market: 430 days
  • Website: https://www.raveis.com
    /prop/U8198831/12100gulfboulevard_treasureisland_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/24/2024 1:35:12 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 813-253-2444

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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
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

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Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

12100 Gulf BOULEVARD, Treasure Island, FL, 33706

$2,749,000

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

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,199,200 $2,199,200 $2,199,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.762% 6.036%
Monthly Tax Payment $1,726 $1,726 $1,726
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $14,082 $14,082 $19,309
Total Monthly Payment $15,933 $15,933 $21,160

* 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.