Property Description
Silver Sands is an 8 unit licensed hotel comprising three buildings and a large courtyard at an amazing 10 CAP RATE. Located just steps to the beach, this boutique hotel offers one bedroom suites to fit all types of vacationers. These spacious units all feature a combined living and dining area, generous kitchenette and separate bedroom and bathroom. The bottom floor units offer a charming front patio that opens to a large landscaped courtyard, putting guests in a vacation state of mind. An additional outdoor area for relaxing in the Gulf breeze ensures parties of all size can find a tropical sanctuary. This boutique hotel is renovated with new roofs, newer HVAC and new water heaters presenting the buyer with a low maintenance, tropical oasis. New floors and cabinets are just another highlight. Reserved on site parking is popular with guests. Prime Gulf Blvd location with direct access to a crosswalk makes staying here a breeze. The property is a two minute walk to Pinellas County’s #1 tourist destination John’s Pass Village & Boardwalk featuring shopping, restaurants, jet ski rentals, sunset cruises, fishing charters and live music. Treasure Island beach is located steps away and beacons guests to relax and stay a while. A boat ramp is located just steps from this property making kayak and water sports a breeze. Kayak, jet ski and floating tiki hut operators routinely make arrangements to pick up guests here. This property is currently in the process of being renovated after receiving water intrusion from Hurricane Helene. Additional 10 unit hotel for sale next-door, schedule your tour today.
Features
: Central, Electric
: Central Air
: Storage, Sidewalk, Courtyard, Fence
: Eat-in Kitchen, Kitchen/Family Room Combo, Stone Counters, Solid Wood Cabinets
: Laundry Room
: Public Sewer
: Public, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Address Map
US
FL
Pinellas
Treasure Island
CONEY ISLAND
33706
GULF
12315
BOULEVARD
W83° 13' 13.5''
N27° 46' 42.5''
Central Ave to Gulf Blvd. Right onto Gulf Blvd. Right onto 123 Ave. Parking spots at the corner.
33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Additional Information
110x88
: Public
2024-11-18
8
: Slab
: Concrete, Stucco
: Street Lights
4480
Financial
14808.69
Listing Information
Ashley Pedone
260048703
283504628
ENGEL & VOLKERS MADEIRA BEACH
260042669
283504628
Cash,Conventional
Sold
2025-06-09T22:01:31Z
Stellar
: None
2025-02-03T21:06:57Z
Residential Income For Sale
12315 Gulf Blvd, Treasure Island, Florida 33706
8 Bedrooms
8 Bathrooms
4,160 Sqft
$2,395,000
Listing ID #TB8322337
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : TB8322337
Price : $2,395,000
Bedrooms : 8
Bathrooms : 8
Square Footage : 4,160 Sqft
Year Built : 1949
Lot Area : 0.24 Acre
Property Sub Type : Multi Family
Roof : Metal