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9921 GULF BOULEVARD

Multi-family For Sale
$2,799,000

BTC: 39.89320195

ETH: 1,104.97455677

-$151K (2024/07/23)
168 days
4 bds
2,328 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

***PRICE IMPROVEMENT*** ***SELLER FINANCING TERMS NOW AVAILABLE FOR QUALIFIED BUYERS*** Exquisite Gulf Coast Retreat with Stunning Rooftop Views. Welcome to a meticulously renovated gem nestled in the heart of Florida's thriving Gulf Coast community! This extraordinary property has been transformed to maximize revenue potential and guest satisfaction, offering a seamless turn-key investment opportunity. Projected annual occupancy for this sparkling new residence is expected to near 80% (pro-forma is conservatively estimated @ 70%) with no rental restrictions, optimizing income potential benefits from a rare, grandfathered zoning for overnight accommodations, maximizing income potential and returning guest occupancy. Projections have been carefully & conservatively estimated in partnership with management company, available upon request. PROFORMA AVAILABLE ON REQUEST. This property is poised to deliver exceptional returns Day 1 with minimal upkeep expenses, making it an ideal investment opportunity in a highly sought-after location. Step inside to discover bespoke layouts and furnishings, highlighted by a captivating spiral staircase leading to a 400 sq ft. rooftop deck with breathtaking 360-degree views of the surrounding area. Major nearby development projects & tourist attractions strengthen the potential for both short and long-term appreciation; chiefly the recently approved $6.5 billion Downtown St. Pete project (the largest in Tampa Bay's history) which includes 8 million sq. ft. of mixed-use space and $1.3 billion Tampa Bay Rays stadium as its centerpiece. No detail has been spared in the revitalization of this property, featuring brand-new HVAC systems, a TPO membrane roof, PVC plumbing, hurricane impact windows, sound-dampening drywall and flooring, upgraded electrical systems, refreshed exterior stucco/paint, and meticulously manicured landscaping with irrigation. Constructed with solid block materials resistant to humidity, water, and salt air, this property ensures low-maintenance durability. Boasting four exquisite 582 sq. ft., 1-bedroom / 1-bathroom units, each accommodating up to 4 guests comfortably, with interconnected doorways for added flexibility. Conveniently located across from public beach access, enhanced with newly installed city crosswalks for safety and convenience. The sale includes all luxury fixtures, furnishings, and guest amenities showcased in the photos, ensuring a smooth transition for the new owner. Enjoy easy access to major highways, making vibrant cities like Tampa, Sarasota, and Orlando just a 90-minute drive away. Explore St. Petersburg’s vibrant downtown area, only 15 minutes from your doorstep, offering exceptional shopping, dining, and entertainment options. Indulge in St. Pete Beach's world-renowned soft, silky sand beaches just moments away. Don't miss out—schedule your private tour today!

Location

Facts and features

Type:
Residential Income
Parking:
Common
Year Built:
1970
Lot:
0.11 Acres
Heating:
Electric / Zoned
Price/sqft:
$1,202
Cooling:
Central Air / Zoned
HOA:
No Data
All facts and features
  • Flooring

    • Luxury Vinyl

    • Porcelain Tile

    Heating

    • Electric

    • Zoned

    Cooling

    • Central Air

    • Zoned

    Appliances

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Freezer

    • Ice Maker

    • Microwave

    • Range

    • Range Hood

    • Refrigerator

    • Tankless Water Heater

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Kitchen/Family Room Combo

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Stone Counters

    • Thermostat

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Parking

    • Common

    Property

    • Levels: Two

    • Exterior Features: Awning(s) / Balcony / Irrigation System / Lighting

    Lot

    • Lot: 0.11 Acres

    Other Property Information

    • Parcel Number: 263115096300000200

    • Zoning: RFM-30

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Cable Connected

    • Electricity Connected

    • Public

    • Sewer Connected

    • Water - Multiple Meters

    • Water Connected

    Green energy

    • Energy Monitoring System

    • Roof

    • Thermostat

  • Other financial information

    • Annual tax amount: $11,398

  • Source details

    • MLS ID: T3526714

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Common Area / Outside

    • Lot Features: City Lot / Landscaped / Near Public Transit

    • Patio And Porch Features: Deck

    • Living Area: 2328

    • Water Source: Public

    • Subdivision Name: BOCA CIEGA PASS SUB

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: THE RAND WILSON GROUP