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Business Opportunity - CONEY ISLAND for Sale

11965 GULF, TREASURE ISLAND, FL 33706

Asking Price$4,225,000 Change Price$175,000

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  • Days on market:

    508 day(s)
  • Original Price:

    $4,400,000
  • Price per sqft:

    $903.36
  • Tax Legal Description:

    CONEY ISLAND BLK 19, LOTS 5 AND 6 LESS RD R/W (NNW 23-31-15)
  • Tax Year:

    2022
  • Property Type:

    Business Opportunity
  • Construction Type:

    Block
  • Cooling Description:

    Wall/Window Unit(s) Mini-Split Unit(s)
  • Heating Description:

    Electric
  • Equipment/Appliances:

    MicrowaveRefrigeratorDryerWasher
  • Special Listing Conditions:

    None

Description

$4,225,000 • living size area 4677 sqft

Introducing the boutique beach retreat – an absolute gem nestled in the heart of treasure island, florida. this beautiful, boutique-style hotel boasts a location just steps away from stunning beaches and the gulf of mexico. with eleven uniquely renovated and custom-designed rooms offering private access and updated modern amenities, this property provides a comfortable and inviting atmosphere for all of its guests. since our full renovation in ‘20 - ‘22, guests have raved about our beautiful rooms, heated pool, paved patio area, the warm and inviting rooms, ambiance, and the property's proximity to everything everyone wants to do in this sought-after destination. this turnkey investment is listed on all of the major booking platforms, comes with a fully integrated property management system in place and a professional booking website that gets direct bookings. the staff is stable and the property can be managed easily! our premier room is a 2/1 apartment, our 2nd largest room is a full efficiency unit with a living room, six of the other rooms have full kitchens and three rooms have kitchenettes. in addition, there is a small office, laundry room and guest storage room with a unique guest locker system for essentials they may need after hours. this is the perfect opportunity to own a turnkey, stabilized piece of paradise for either a hands off investor or owner operator. located directly across the street from treasure island's vibrant and booming coastline, this cash flowing investment is ready to step right into it.

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