12200 Gulf Blvd Treasure Island, FL 33706

OFF-MARKET

Land

Property ID

US18-4474473

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0.28 ac lot

Entity Owned

This exceptional 0.28-acre commercial land parcel presents a unique investment opportunity in the highly desirable Treasure Island, Florida. Located on the beach side of Gulf Boulevard, this site boasts a prime location near beach access and the vibrant Johns Pass area. The property is fully approved and permitted for the development of a 14-unit boutique condo/hotel, making it a truly "shovel-ready" project. Demolition is complete, and comprehensive plans, a survey, and a completed Development Review Impact (DRI) report are readily available for review. The lot size has been confirmed through both survey and development plans, ensuring accuracy and transparency. The property's Pinellas County APN is 15-31-15-17784-012-0090, and its zoning is designated as Commercial, allowing for immediate commencement of construction. This is an unparalleled chance to capitalize on the strong demand for beachfront properties in this sought-after Florida destination. The asking price for this exceptional development opportunity is $2,725,000. The property's address is 12200 Gulf Blvd, Treasure Island, FL 33706.

Property type Land

Lot 0.28 ac (12,197 SF)

UPID US18-4474473

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

AI Approach AI

by Request

CAP Approach CAP

by Request

Comparable Approach Comparable

by Request

Blend (final) Blend

by Request

since 2025

2 recorded transactions

2025

$1.5M

2021

$1.4M

Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation by Request

3211 Maritana Dr

Land

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Value Estimation
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Value Estimation by Request
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