You are browsing as a guest. Register to access key data for free.
Property profile

12321 Gulf Blvd Treasure Island, FL 33706

OFF-MARKET
Hotels
Property ID
US18-6203301
View Sample
1,741 SF 0.08 ac lot Built 1948
Entity Owned 4-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

A licensed hotel property in Treasure Island, Florida, comprising four buildings, three parcels, and 10 rental units plus an office, totaling approximately 4,846 square feet of living area. The buildings include Bungalows units offering studio, one-bedroom, and two-bedroom layouts, with each unit containing a kitchenette and providing direct access to outdoor areas. The property features multiple outdoor spaces and a pool, with the pool having been resurfaced and equipped with new pool equipment. Two of the four buildings are positioned adjacent to the pool. The boutique hotel building improvements include replaced or newly installed roofs, HVAC systems, water heaters, floors, and cabinets. The property is located on Gulf Blvd with direct access to a crosswalk, within walking distance of John’s Pass Village & Boardwalk and steps from Treasure Island beach, with a boat ramp located nearby.

Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1948
Construction CONCRETE BLOCKS
Total area 1,741 SF
Lot 0.08 ac (3,332 SF)
APN 15-31-15-17784-011-0060
UPID US18-6203301

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.26M
Blend (final) Blend
$460k

Owner & transaction history

since 2022
7 recorded transactions
2022
Price N/A
2022
$2.8M
2016
$1.5M
2014
$925,000
2001
$699,000
1999
$364,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12321 Gulf Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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