Property Description
We are proud to present Boutique, Beach, Retreat; a beach vacation rental boutique hotel, and event complex, located steps from Treasure Island Beaches.This turn-key licensed hotel is zoned for daily rentals, professionally managed at peak performance and Cap Rate. The property was updated in/out in 2021, with branding unique to Gulf Blvd! There are 11 furnished and stocked units: 1 two bedroom suite w/full kitchen (can be used as managers quarters), 1 large efficiency w/full eat in kitchen and a partition that makes it a 1 bedroom, 6 efficiencies w/full kitchens, 3 hotel rooms w/kitchenettes, an office, an upstairs storage room for guest and cleaning supplies, and a coin operated laundry area. The paved courtyard has furnishings, lush tropical backdrop, and balconies with partial beach views that overlook the heated pool. There is an outdoor grill, shower, and beach gear for guests..All 11 units have work spaces, dining areas, Smart TVs, a parking space, and the grounds are covered by high speed Mesh WiFi. Just 1 block from Treasure Island Beaches and the TI Beach Trail, with a Circle K next door and the Shake Shop across the street. The hotel is professionally managed and staffed including cleaning and maintenance. With a full price offer, intellectual property is included: Airbnb, VRBO, Booking.com accounts, direct booking website, domain, 360 tour, and PMS w/Dynamic Pricing. EVERYTHING is in place for cash flow DAY ONE w/passive income and great cap rate *Seller has 7 additional SFR Short-Term Rentals that can be purchased as a package with the hotel
Property Details 11965 GULF BOULEVARD, TREASURE ISLAND, FL, 33706
General
- Subdivision: CONEY ISLAND
- Area: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
- County: Pinellas
- List Date: 05/09/2022
- Beds: 12
- Full Bathrooms: 11
- Year Built: 1954
- Sq. Ft.: 4,747
- Lot Size: 0.17
- Garage: NO
- Tax Amount: $9,118
Interior Features
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Appliances: NO
- Interior Features: Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Window Treatments
Exterior Features
- Roof: Membrane
- Spa: NO
- Pool features: Child Safety Fence, Deck, Gunite
- Pool dimensions: 26x30
- Water access: Beach - Public, Gulf/Ocean
Financial Considerations
- Tax Annual Amount: $9,118
- Tax Year: 2021
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