$3,800,000

About This Property

Public Remarks: This 14 unit motel is primely located in beautiful Treasure Island just steps from the beach. Zoned and licensed for daily rentals. This property offers Old Florida charm with the units encircling the in-ground heated pool and courtyard. This motel is licensed for 15 units but is set up with 14 now. Currently there are 4 one-bedrooms, 8 studios with kitchenettes, 1 2-bedroom suite and 1 on-bedroom manager's apartment. The current set up would be perfect for an owner operator or it could be updated to be a spacious suite. Unique to this property is the included vacant land behind the motel. It currently has 2 storage buildings on it but is zoned for commercial use and at 40x111 the possibilities are incredible. The wide beach will beckon guests to sit back, relax and stay awhile. The beach is located just across the street with a crosswalk right out front and easy public beach access. Guests will also love the close proximity to John's Pass Village & Boardwalk, Pinellas County's #1 tourist attraction- it's only 0.7 miles away. Guests will rave over the 100+ merchants with unique retail shops, restaurants, dolphin, shelling and fishing tours, boat and jet ski rentals, and parasailing.

infoProperty Details

Property Type

Residential Income

Year Built

1952

Living Area

5,312 sqft

Lot Size

0.42 acres

Bedrooms

3

Bathrooms

4

Ownership

Fee Simple

Days on Market

16

List Date

chairInterior Features

yardExterior & Lot

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Listed By

ENGEL & VOLKERS MADEIRA BEACH

727-394-7365