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Birch Real Estate Services
8301 W Gulf Boulevard, Treasure Island, FL 33706
- $1,235,000
- 4
- BD
- 4
- BA
- 2,871
- SqFt
- List Price
- $1,235,000
- Status
- Active
- Days on Market
- 0
- MLS#
- TB8565057
- Property Style
- Quadruplex
- Year Built
- 1947
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 2,871
- Lot Size
- 5,502
- Acres
- 0.13
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Sunset Beach
- MLS Area Major
- Pass a Grille Bch/St Pete Bch/Treasure Isl
Property Description
Fantastic Sunset Beach Location! This solid block fourplex offers an exceptional location in one of Treasure Island’s most sought-after beach neighborhoods. With the sand just across the street, residents can enjoy morning beach walks, Gulf sunsets, and the relaxed atmosphere that makes Sunset Beach a favorite for year-round and seasonal living. The property features four one-bedroom, one-bath residences, with two currently rented to annual tenants. Features include separately metered electric, upstairs and downstairs patios, ample parking, additional storage, and new coin-operated laundry equipment. According to the owner, laundry income offsets most common-area electric and building water costs. Two vacant units give new owners immediate flexibility to pursue furnished monthly and seasonal rentals, with a one-month minimum and up to five rental periods per year. Each unit operated as a furnished monthly rental offers projected annual gross income potential of $26,000–$36,000, creating an opportunity to increase income while the two occupied units provide an established income stream. Projections are estimates, depend on rental rates and occupancy, and are not guaranteed. A pro forma is available for review. The two ground-floor units experienced flooding during Hurricane Helene and were remediated with permits. Buyers and their agents should verify rental restrictions, zoning, income, expenses, and all other material facts. PLEASE DO NOT DISTURB TENANTS.
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Additional Information
- Taxes
- $13587
- Minimum Lease
- 1 Month
- Annual Gross Income
- 86000
- Location
- City Limits, Landscaped, Near Public Transit, Paved
- Community Features
- Park, Playground, No Deed Restriction
- Zoning
- M
- Interior Layout
- Built-in Features, Ceiling Fans(s), Walk-In Closet(s)
- Interior Features
- Built-in Features, Ceiling Fans(s), Walk-In Closet(s)
- Floor
- Ceramic Tile, Luxury Vinyl, Wood
- Appliances
- Convection Oven, Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Utilities
- BB/HS Internet Available, Electricity Connected
- Heating
- Electric, Heat Pump
- Air Conditioning
- Central Air
- Fireplace
- Yes
- Fireplace Description
- Decorative
- Exterior Construction
- Block
- Exterior Features
- Awning(s), Lighting, Rain Gutters, Storage
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Garage Features
- Guest, Open
- Water Access
- Beach
- Pets
- Allowed
- Flood Zone Code
- VE
- Parcel ID
- 36-31-15-87390-003-0031
- Legal Description
- SUNSET BEACH UNIT 1 BLK 3, PT OF LOTS 3 & 4 DESC BEG MOST S'LY COR OF LOT 4 TH N26DW 100FT TH N64DE
Listing courtesy of GULFSIDE REALTY SALES. 727-272-1618
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