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Gulf-Front Quadplex
New
For Sale
$2,900,000

10218 GULF, Treasure Island, FL 33706

Four-unit Gulf-front property with RFH-50 zoning and redevelopment potential for residential or hotel use.

Property Size3,037 SF
Lot Size0.15 Acres
Price / SF$954.89
Days on Market4

Property Features for 10218 GULF

General Information

Standard status Active
Size 3,037 SF
Lot size 0.15 Acres
Property subtype Investment
Zoning RFH-50

Units

Unit Mix 1 x 2BR/2BA, 1 x studio/1BA, 1 x 3BR/1BA, 1 x 1BR/1BA
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $25,284

Building Details

Building Size 3,037 SF
Year Built 1925
Buildings 1
Units 4
Listing Agency: SEASALT Properties
Listed By: Hendrik Bisanz · License #3295360
Source: Elliman
Added: Sep 18 Changed: Sep 19 Last Checked: Sep 21 at 9:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SEASALT Properties

Investment Insights

Based on property information with market context.

This Gulf-front quadplex at 10218 Gulf Blvd contains four living units totaling approximately 3,037 heated square feet on a 6,500-square-foot lot. The unit mix includes a 2-bedroom/2-bath residence of approximately 1,190 sq. ft., a studio/1-bath unit of approximately 400 sq. ft., a 3-bedroom/1-bath unit of approximately 750 sq. ft., and a 1-bedroom/1-bath unit of approximately 697 sq. ft. The property was built in 1925 and sustained damage during the 2024 storms; immediate remediation followed. The upstairs street-side unit has power and remained occupied.

RFH-50 zoning allows residential/hotel development at a density of up to 50 units per acre, subject to verification of permitted uses, density, rental regulations, FEMA/flood requirements, and other governmental requirements. The property is being sold AS-IS, offering a choice between evaluating restoration of the existing improvements and pursuing redevelopment of the Gulf-front site. It provides approximately 50 feet of Gulf frontage in Treasure Island.

Key Highlights

  • Approximately 50 feet of Gulf frontage on a 6,500‑square‑foot lot
  • RFH‑50 zoning permits residential/hotel development at up to 50 units per acre
  • Four living units totaling approximately 3,037 heated square feet

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Dental Office Auto Repair Shop Hair Salon HVAC Service Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

430
Businesses Nearby

Demographics for 33706, FL

15,309
Population
14,199
Households
1.1
Avg Household Size
60
Median Age
54%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
4,138
Density / Sq Mi
$97,364
Median Household Income
$80,504
Median Earnings
$1,646
Median Rent
$616,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit Gulf-front property with RFH-50 zoning and redevelopment potential for residential or hotel use.
Where is this quadplex located?
The property is located at 10218 GULF Treasure Island, FL.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Approximately 50 feet of Gulf frontage on a 6,500‑square‑foot lot; RFH‑50 zoning permits residential/hotel development at up to 50 units per acre; Four living units totaling approximately 3,037 heated square feet
More about this property
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