$2,300,000 list price
location_onTREASURE ISLAND, FL 33706 · Pinellas County
Auction Property. Auction Property. OWNERS’ HEALTH IS FORCING SALE……. EVERYONE WELCOME TO BID. Commercial Waterfront Property. Auction sale will be Held at the Site on Wednesday, July 17th at 10:00 AM. Preview starts at 9:00 am. This property may sell for more or less than the listed price. Zoned RFM-30 which allows nightly rentals plus many, many otheruses. See attachment for allowable uses. At no additional cost you will receive current permits and approved engineering plans for a ready-to-build 6-story Condotel with all necessary permits and approved engineering plans for 12 condo units, each with balconies offering views of both the Intercoastal Waterway and the Beach. Eleven units range from 1,072 to 1,555 sq ft, including balconie. Penthouse spans 2,892 sq ft with 1,252 sq ft heated. Owners can either self-manage or hire a property management company, with completed HOA documents ensuring smooth operation. Treasure Palms Resort offers excellent ROI potential, whether treated as a Condotel (e.g., Airbnb, VRBO) or by selling individual units. Public beach access and parking are just 200 feet away. Nearby amenities within a three-mile radius include hundreds of restaurants, bars, beaches, boating, fishing trips, and tours. The resort is within walking distance of lively restaurants and Tiki bars, and the wide beaches are perfect for activities like kite flying, reading under cabanas, and enjoying Gulf views. Paddleboards, kayaks, and beach toys are available for rent. Local attractions include the historic John's Pass fishing village, offering jet skiing, water skiing, boating, parasailing, dolphin tours, and unique retail shopping. Nearby beaches like Clearwater Beach, Honeymoon Island, Caladesi Island, and Ft Desoto State Park, along with the vibrant nightlife of St. Petersburg and Tampa, are also close by. Treasure Island boasts white sandy beaches, pristine waters, and family-friendly attractions, making it an ideal destination for vacation homes or permanent residences........ BUYER will receive a general warranty deed free and clear of all debts, guaranteed with a title insurance policy at closing
Waterfront
$460,000 down
Loan amount $1,840,000
Estimated monthly principal & interest
$11,630
Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.
AMERICAN HERITAGE REALTY, INC.
727-726-7272
