$2,499,000
Pending · 44 days on market · MLS# MFRTB8368405
| Living area | 2,560 sq ft |
|---|---|
| Lot size | 0.11 acres |
| Year built | 1970 |
| Property type | Hotel/Motel |
| Waterfront | Yes |
| Annual taxes | $7,277 |
| County | Pinellas |
Under contract-accepting backup offers. ***PRICED TO SELL*** Exquisite Gulf Coast Retreat with Stunning Rooftop Views This extraordinary multi-family property has been completely transformed to maximize revenue potential and guest experience, offering a seamless turn-key investment opportunity. Rare, grandfathered zoning permits overnight accommodation, supreme beach access, and virtually no category competition. Already delivering remarkable returns with minimal upkeep expenses, making it an exceptional investment opportunity in a highly sought-after location. Constructed with solid block materials resistant to humidity, water, and salt air, this property ensures low-maintenance & lasting durability. Brand-new HVAC systems, TPO membrane roof, PVC plumbing, hurricane impact windows, new electrical, just to name a few. - Sale includes all appliances and custom furnishings. - See blended Proforma for to-date Actual vs. Projected NOI - Further upside potential including self-management (+50K/yr) and Direct Booking platform (+50K/yr) Do not miss out on this incredible long-term asset opportunity!
Listing courtesy of Andrew Beltz, THE RAND WILSON GROUP. Presented by MC Homes Realty Inc · 727432218.