RARE GULF-FRONT HOTEL-ZONED OPPORTUNITY IN TREASURE ISLAND! Located directly on the Gulf, 10218 Gulf Blvd offers approximately 50 feet of Gulf frontage on a 6,500-square-foot lot with highly desirable RFH-50 zoning, allowing residential/hotel development at a density of up to 50 units per acre.
The property currently contains four living units… Read More totaling approximately 3,037 heated square feet: a 2-bedroom/2-bath unit of approximately 1,190 sq. ft., a studio/1-bath of approximately 400 sq. ft., a 3-bedroom/1-bath of approximately 750 sq. ft., and a 1-bedroom/1-bath of approximately 697 sq. ft.
The property sustained damage during the 2024 storms, but immediate remediation was performed afterward. The upstairs street-side unit has power and remained occupied throughout. The remaining units provide an opportunity for a buyer to evaluate renovation and restoration of the existing improvements, while the property's RFH-50 zoning creates an entirely different opportunity for those considering redevelopment.
And there may be an even bigger opportunity: the adjacent property at 10220 Gulf Blvd may also be available, potentially creating an assemblage of approximately 100 feet of Gulf frontage for a larger hospitality or redevelopment concept.
Whether the vision is to restore the existing four-unit property, redevelop 10218 on its own, or explore assembling both neighboring Gulf-front parcels, opportunities combining this location, Gulf frontage and hotel zoning are increasingly difficult to find along the Pinellas beaches.
Property is being sold AS-IS. Buyers and their representatives are responsible for independently verifying zoning, density, permitted uses, rental regulations, existing unit status, building condition, FEMA/flood requirements and redevelopment potential with the appropriate governmental authorities. Read Less
Courtesy of SEASALT PROPERTIES 727-289-9403
Listing Snapshot
Days Online
5
Last Updated
Property Type
Quadruplex
Beds
6
Square Ft.
3,037
Lot Size
0.15 Acres
Year Built
1925
MLS Number
TB8549492
Additional Details
Property Access
Road Surface: Paved
Building
Built in 1925, Living area: 3037, Living area units: Square Feet, Construction Materials: Stone, Frame
Cooling
Central Air, Wall/Window Unit(s)
Fireplaces
Stone
Heating
Central, Ductless
Interior Features
Ninguno
Lot
0.15 acres, Dimensions: 50x130
Property
Water, Beach, Gulf/Ocean - Full
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 26-31-15-78786-002-0110, Public Survey Range: 15, Public Survey Section: 26, Annual Amount: $25,284, Tax Block: 2, Tax Book Number: 3-41, Legal Description: SAWYER & HARRELL'S ADD BLK 2, LOT 11 AND 30FT VAC ST ON W, Lot: 11, Year: 2026, Zoning: RFH-50
Utilities
BB/HS Internet Available, Electricity Available, Sewer Available, Water Source: Public
Water Features
Water Body Name: GULF OF MEXICO, Beach Front
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