12200 Gulf Blvd Treasure Island, FL 33706
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.
Cap rate
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Property description
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