Treasure Island, FL 33706,7925 W GULF BLVD
Treasure Island, FL 33706,7925 W GULF BLVD
Treasure Island, FL 33706,7925 W GULF BLVD
Treasure Island, FL 33706,7925 W GULF BLVD
Treasure Island, FL 33706,7925 W GULF BLVD
Treasure Island, FL 33706,7925 W GULF BLVD
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$5,500,000

$5,500,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

6,594 SqFt


SOLD DATE : 03/01/2022

Key Details

Sold Price $5,500,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,594 sqft

Price per Sqft $834

Subdivision Penguin Cabana Sub

MLS Listing ID U8139396

Sold Date 03/01/22

Construction Status Inspections

HOA Y/N No

Year Built 1955

Annual Tax Amount $12,183

Lot Size 0.420 Acres

Acres 0.42

Lot Dimensions 80x98

Property Description

Ranked as the #1 hotel in Treasure Island on Trip Advisor, this unique beach vacation rental complex is located just a few steps away from stunning Sunset Beach. This turn-key licensed motel is zoned for daily rentals with 13 units in total. Both the inn rooms and cottages offer luxurious finishes with newly renovated bathrooms & furnishings. This mid-century inn offers 6 inn rooms all with beautiful refinished terrazzo flooring and kitchenettes. Inn rooms 1 and 2 as well as 5 and 6 share an adjoining door and can be converted into a 2 bedroom/2 bath. A second story penthouse suite (The Lookout) is sure to impress with its breathtaking views of the Gulf of Mexico. This large rental has panoramic views of the surf as far as the eye can see on the private upper deck, a king size bedroom, large full kitchen and living room that serves as a second bedroom. Across the courtyard you will find 6 more rentals, a duplex and 4 cottages all with unique names and colors to match the theme. All cottages offer a separate bedroom and livingroom space with full kitchen, granite countertops and brand new retro fridges. The Tandem One & Tandem Two Cottages (duplex named after the owners love for cycling with a bicycle theme inside) offers two one-bedroom, one bath units, a shared courtyard with lush landscaping, gas grills, patio furnishings, tuscan lighting and a tropical outdoor shower. Across the shared courtyard, you will find the other cottages, two one-bedroom one-bath cottages (Vino & Sunkissed), one two-bedroom one-bath (MacDill Cottage) and one two-bedroom two-bath cottages (Stones Throw Cottage). The MacDill & Sunkissed Cottages were barged over from MacDill Air Force Base and were former officer’s quarters prior to finding their home on Sunset Beach after WW2. All cottages offer full kitchens with living/dining areas, flatscreen TVs, and WiFi for guests throughout the property. Each inn room & cottage offers a dedicated off street parking spot. The office at the front of the Inn is available to meet guests and offers extra storage and laundry. There is also a separate laundry area for guests and additional storage for beach chairs, umbrellas, and kids' sand toys. Guests love the few steps to the beach, unobstructed Gulf breezes, stunning sunsets and the Sunset Beach time vibe!

Location

State FL

County Pinellas

Community Penguin Cabana Sub

Zoning RM15

Rooms

Other Rooms Den/Library/Office, Storage Rooms

Interior

Interior Features Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Window Treatments

Heating Electric, Wall Units / Window Unit

Cooling Mini-Split Unit(s), Wall/Window Unit(s)

Flooring Laminate, Terrazzo, Vinyl

Furnishings Furnished

Fireplace false

Appliance Cooktop, Dryer, Freezer, Microwave, Range, Refrigerator, Washer

Laundry Inside, Laundry Room

Exterior

Exterior Feature Balcony, Gray Water System, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Rain Gutters, Sidewalk, Storage

Garage Assigned, Covered, Ground Level, Guest, Off Street

Community Features Boat Ramp, Fishing, Irrigation-Reclaimed Water, Park, Playground, Boat Ramp, Sidewalks, Water Access

Utilities Available Cable Available, Electricity Connected, Phone Available, Public, Street Lights, Water Connected

Waterfront false

View Y/N 1

Water Access 1

Water Access Desc Beach - Public,Gulf/Ocean to Bay

View Water

Roof Type Built-Up,Shingle

Porch Front Porch, Other, Patio

Garage false

Private Pool No

Building

Lot Description Flood Insurance Required, FloodZone, City Limits, Level, Sidewalk, Paved

Entry Level Two

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block,Wood Frame

New Construction false

Construction Status Inspections

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by ENGEL & VOLKERS MADEIRA BEACH
Bought with ENGEL & VOLKERS MADEIRA BEACH

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Patricia Lugo

Broker Associate | License ID: 3036559

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