$1,085,000

About This Property

Check the attachments for financial information on this 8 unit multi family / hotel on the beach side of Gulf Blvd in Treasure Island. This hotel is rented on a weekly basis to long term tenants with no leases except for unit #5 which has a 36 month lease. The roof was replaced in the last 5 years and all of the suites were renovated. The unit mix is 3 Studios, 4 one bedroom and 1 two bedroom suites. There is a 9th unfinished small studio currently being used for storage but could be renovated into another small rental unit. Currently the property is self managed and self insured by the owners. The Offering Memorandum is in the attachments. Click on the link in the Offering Memorandum for the full financials.

infoProperty Details

Property Type

Residential Income

Year Built

1954

Living Area

3,672 sqft

Lot Size

0.20 acres

Bathrooms

0

Ownership

Fee Simple

Days on Market

12

List Date

Jul 11, 2021

chairInterior Features

yardExterior & Lot

Listed By

TROPICAL REALTY PARTNERS LLC

440-777-2777