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. 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. 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. Petersburgs 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. Projected annual occupancy for this sparkling new residence is expected to near 80% with no rental restrictions, optimizing income potential benefits from a rare, grandfathered zoning for overnight accommodations, maximizing income potential and returning guest occupancy. Projected annual NOI ranges from nearly $250, 000 to $312, 000, with cap rates of 8%-10% or potentially higher. Proforma conservatively crafted with assistance of management company at 70%. available upon request. This property is poised to deliver exceptional returns with minimal upkeep expenses, making it an ideal investment opportunity in a highly sought-after location. Don't miss outschedule your private tour today!
Property Features
Bedrooms
- Bedrooms: 4
- Primary Bedroom Dimensions: 11.5 x 14.5
- Primary Bedroom Level: First
Other Rooms
- Total Rooms: 12
- Living Room: 14.5 x 11
- Living Room Level: First
- Kitchen: 14.5 x 8.5
- Kitchen Level: First
- Primary Bedroom: 14.5 x 11.5
- Primary Bedroom Level: First
- Living Room: 14.5 x 11
- Living Room Level: Second
- Kitchen: 14.5 x 8.5
- Kitchen Level: Second
- Primary Bedroom: 14.5 x 11.5
- Primary Bedroom Level: Second
- Living Room: 14.5 x 11
- Living Room Level: Second
- Kitchen: 14.5 x 8.5
- Kitchen Level: Second
- Primary Bedroom: 14.5 x 11.5
- Primary Bedroom Level: Second
- Living Room Dimensions: 11 x 14.5
- Living Room Level: First
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Interior Features
- Ceiling Fans(s)
- Kitchen/Family Room Combo
- Living Room/Dining Room Combo
- Primary Bedroom Main Floor
- Solid Surface Counters
- Solid Wood Cabinets
- Thermostat
- Window Treatments
- Furnished Description: Furnished
- Flooring: Luxury Vinyl, Tile
- Window Features: Blinds, Double Pane Windows, ENERGY STAR Qualified Windows, Impact Glass/Storm Windows, Insulated Windows, Window Treatments
Appliances
- Built-In Oven
- Cooktop
- Dishwasher
- Disposal
- Dryer
- Freezer
- Ice Maker
- Microwave
- Range
- Range Hood
- Refrigerator
- Tankless Water Heater
- Washer
- Laundry Features: Common Area, Laundry Closet, Outside
Heating and Cooling
- Cooling Features: Central Air, Zoned
- Heating Features: Electric, Zoned
Kitchen and Dining
- Kitchen Dimensions: 8.5 x 14.5
- Kitchen Level: First
Exterior and Lot Features
- Balcony
- Irrigation System
- Road Responsibility: Public Maintained Road
- Road Surface Type: Asphalt
Land Info
- Lot Description: Landscaped, Near Public Transit
- Lot Size Acres: 0.1070018
- Lot Size Square Feet: 4661
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Condo Info
- Unit Floor In Building: 2
Rental Info
- Lease Term: Minimum Lease: No Minimum
Other Property Info
- Annual Tax Amount: 11398
- Source Listing Status: Active
- County: Pinellas
- Directions: From I-275, go west on 5th Ave N., Turn left on 66th Street, merge right onto Pasadena, Turn right on Central Ave, turn left on Gulf Blvd and go to 9921 Gulf Blvd, Treasure Island, FL 33706
- Tax Year: 2023
- Ownership: Fee Simple
- Source Property Type: Residential
- Area: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
- Property Subtype: condo
- Source Neighborhood: BOCA CIEGA PASS SUB
- Parcel Number: 26-31-15-09630-000-0200
- Postal Code Plus 4: 3242
- Subdivision: BOCA CIEGA PASS SUB
- Township: 31
- Zoning: RFM-30
- Management Company: Full Time
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 2328
- Year Built: 1970
- Building Area Source: Builder
- Building Area Total: 2778
- Building Name: NAUTILUS
- Construction Materials: Block, Stucco
- Direction Faces: West
- Foundation Details: Slab
- Levels: Two
- Property Age: 54
- Property Condition: Completed
- Roof: Membrane
- Levels or Stories: 2
- Building Total Stories: 2
Utilities
- Sewer: Public Sewer
- Cable Connected
- Electricity Connected
- Public
- Sewer Connected
- Water Connected
Home Features
- Green Energy Efficient: Energy Monitoring System, Thermostat