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Multi Family - CONEY ISLAND for Sale

12100 GULF, TREASURE ISLAND, FL 33706

Asking Price$2,700,000 Change Price$49,000

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  • Days on market:

    517 day(s)
  • Original Price:

    $4,325,500
  • Price per sqft:

    $714.29
  • Tax Legal Description:

    CONEY ISLAND BLK 14, LOT 12 LESS RD R/W (NNW 23-31-15)
  • Tax Year:

    2022
  • Property Type:

    Multi Family
  • Parking:

    Assigned
  • Construction Type:

    Block
  • Roof:

    Metal
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Interior Features:

    Ceiling Fan(s) Stone Counters Solid Wood Cabinets
  • Exterior Features:

    CourtyardBalcony
  • Equipment/Appliances:

    MicrowaveRefrigerator
  • Special Listing Conditions:

    None
  • Lot Features:

    SidewalkCity Lot Near Public Transit Level FloodZone

Description

$2,700,000 • living size area 3780 sqft

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.

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