Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Vacant Lot on Gulf Boulevard Title is generated by Realmo AI

    12103 GULF BOULEVARD, Treasure Island, FL 33706

    View on Map
    Claim this Listing
    For Sale
    $474,999

    Vacant commercial land available on Gulf Boulevard, Treasure Island.

    Type:Land
    Added:
    Mar 12, 2026
    Days on Market:
    84
    Last Refresh:
    Mar 16 at 8:23 am

    Property Features for 12103 GULF BOULEVARD

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Zach Hilferding

    Listing agent Zach Hilferding License #3517766

    Listing office new alliance realty

    Listing date Mar 12, 2026

    Source Evrealestate

    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 new alliance realty

    HighLights

    • Prime location on Gulf Blvd.
    • Property located in desirable Pinellas County.
    • Opportunity to build a custom home or investment property.
    • Convenient access via Treasure Island Causeway.
    • Located near 120th Ave.
    • Easy access to the property.

    Overview

    This vacant commercial land is located on Gulf Boulevard in Treasure Island, Florida. The lot is situated on the right when traveling along Gulf Boulevard after passing 120th Avenue after taking the Treasure Island Causeway.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Treasure Island
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7422
    Latitude
    27.7254

    Nearby Similar for Sale

    • $1,399,000
      5,168 SF

      Sunset Beach Multi-Family Opportunity

      Multi-family property near the beach with income potential.
      40 77TH AVENUE, TREASURE ISLAND, FL 33706
      View Details
    • $1,399,000
      5,168 SF

      Sunset Beach Quadruplex Opportunity

      Steps from the beach, multi-generational living plus income potential.
      40 77TH AVENUE, TREASURE ISLAND, FL 33706
      View Details
    • $1,020,000
      2,409 SF

      Waterfront Land on Paradise Island

      9,518 SF waterfront property in desirable Paradise Island neighborhood.
      4 BELLEVUE DRIVE, TREASURE ISLAND, FL 33706
      View Details
    • $3,999,900
      7,500 SF

      Treasure Island Quadruplex Investment Opportunity

      Licensed vacation rental quadruplex near Treasure Island beaches.
      255 104TH AVENUE, TREASURE ISLAND, FL 33706
      View Details
    • $950,000
      1,591 SF

      Waterfront Triplex Redevelopment Opportunity

      Flood-damaged triplex on Intracoastal Waterway in Sunset Beach.
      201 90TH AVENUE, TREASURE ISLAND, FL 33706
      View Details
    • $2,900,000
      9,294 SF

      Treasure Island Multifamily Waterfront Complex

      Apartment complex in Isle of Capri with intracoastal waterway views.
      275 116TH AVENUE, TREASURE ISLAND, FL 33706
      View Details
    • $1,900,000
      2,416 SF

      Treasure Island Four-Unit Beachfront Property

      Four-unit property near Sunshine Beach, zoned for nightly rentals.
      12620 GULF BOULEVARD, TREASURE ISLAND, FL 33706
      View Details
    • $1,900,000

      Treasure Island Hospitality Investment Opportunity

      Steps from Sunshine Beach, zoned for lucrative nightly rentals.
      12620 GULF BOULEVARD, TREASURE ISLAND, FL 33706
      View Details
    • $2,800,000

      Rare Waterfront Homesite Opportunity

      Exceptional double bayfront homesite to create a custom waterfront estate.
      11050 5TH STREET E, TREASURE ISLAND, FL 33706
      View Details
    • $950,000

      Waterfront Redevelopment Opportunity in Treasure Island

      Prime Intracoastal waterfront triplex in Sunset Beach.
      201 90TH AVENUE, TREASURE ISLAND, FL 33706
      View Details
    • $999,000

      Waterfront Land in Treasure Island

      Desirable waterfront lot with dock and flexible zoning.
      12620 LAGOON LANE, TREASURE ISLAND, FL 33706
      View Details
    • $694,900
      2,204 SF

      Renovated Duplex Near Treasure Island Beach

      Fully renovated duplex, one block from the beach, ideal for investors.
      11295 1ST STREET E, TREASURE ISLAND, FL 33706
      View Details

    FAQs

    What type of property is this?
    Commercial land - Vacant commercial land available on Gulf Boulevard, Treasure Island.
    Where is this commercial land located?
    The property is located at 12103 GULF BOULEVARD Treasure Island, FL.
    What is the asking price?
    The asking price for this property is $474,999.
    What are key features of this property?
    This property features: Prime location on Gulf Blvd.; Property located in desirable Pinellas County.; Opportunity to build a custom home or investment property.
    (513) 653-3427
    We can help!
    Listing Contact
    Zach Hilferding
    Real Estate License ID: 3517766
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    12103 GULF BOULEVARD, TREASURE ISLAND, FL 33706
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!