1 month on rocket

12315 Gulf Blvd, Treasure Island, FL, 33706

$2,395,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
8 Baths
4,160 SqFt
$576/SqFt
Multi

Location

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12315 Gulf Blvd, Treasure Island$2,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1949
HeatingCentral, Electric
CoolingCentral Air
MLS #TB8322337
Lot Size0.24 Acres
StatusActive

About 12315 Gulf Blvd

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. Permits are already in place, giving the new owner the opportunity to be one of the first hotels reopening on the beaches and to take advantage of the busy winter and spring seasons. Additional 10 unit hotel for sale next-door, schedule your tour today.

Property Details

Property Features

Property Information:

  • Year Built: 1949
  • Living Area: 4,160 SqFt

Listing Office:

  • Office Name: ENGEL & VOLKERS MADEIRA BEACH
  • Office Phone: (727) 394-7365
  • Listing Agent: Evan Pedone

Interior Features

Interior Information:

  • Interior: Eat-in Kitchen, Kitchen/Family Room Combo, Solid Wood Cabinets, Stone Counters

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Courtyard, Fence, Irrigation System, Sidewalk, Storage

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Central Ave to Gulf Blvd. Right onto Gulf Blvd. Right onto 123 Ave. Parking spots at the corner.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,395,000
  • Price Per SqFt: $576/SqFt

Tax Information:

  • Annual Amount: $11,342
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Treasure Island, FL.

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Treasure Island, FL

City

Med. Sold Price

$760.3K

Med. Price/SqFt

$545

Avg. Days On Market

52

# of Sold Homes

22

12315 Gulf Blvd vs Treasure Island

33 DAYS ON ROCKET

-19 Days

$2,395,000

+$1.6M More

$576/SqFt

+$30 More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $30/SqFt more than other homes in Treasure Island, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #TB8322337

Listing Office:

  • Office Name: ENGEL & VOLKERS MADEIRA BEACH
  • Office Phone: (727) 394-7365
  • Listing Agent: Evan Pedone

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 8:19:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 12, 2018Home Sold
$787,000
Apr 29, 2005Home Sold
$1,000,000
May 28, 2004Home Sold
$600,000
Sep 19, 2002Home Sold
$550,000

Tax History

YEARPROP. TAXASSESSMENT
2020$11,342$800,000
2019$8,997$509,330
2018$12,811$726,000
2017$9,429$625,000

History based on county public records data.

Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,247

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-926601
5
/10

  • Azalea Elementary

  • 1680 74th St N

  • 2.42 miles

  • Public District Grades PK-5

school-card-donut-926602
9
/10

  • Gulf Beaches Elementary Magnet School

  • 8600 Boca Ciega Dr

  • 2.45 miles

  • Public Magnet Grades KG-5

school-card-donut-926603
9
/10

  • Pasadena Fundamental Elementary School

  • 95 72nd St N

  • 2.60 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,043. Residents of Treasure Island, FL typically earn less than $35k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Pinellas County›Treasure Island›33706›12315 Gulf Blvd

This home is located at 12315 Gulf Blvd in Treasure Island, FL and zip code 33706 in the Treasure Island Downtown neighborhood. This 4,160 square foot home, which was built in 1949, sits on a 0.24 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $2,395,000.

In November 2024 more than 0 listings in Treasure Island, FL were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 19 were sold below. The number of homes for sale in Treasure Island, FL increased by 26.5% between October 2024 and November 2024. The median list price of listings available in November 2024 was $760,312, while the average time on the real estate market was 52 days.

From Rocket Homes Real Estate and based on county public records data.

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