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Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1952
Sq.Footage
3,434
Auction Property. 10 cap rate! Welcome to Cabanas of Treasure Island, a boutique hotel in the heart of Treasure Island. This recently renovated, licensed hotel features 12 rooms. This hotel is zoned and licensed for daily rentals. There are 3 studios each with 2 queen beds, 4 king bed studios, 4 one-bedroom suites with a kitchenette and additional pull-out sofa with a Tempurpedic sofa mattress in the living area. There is also a private 1 bedroom suite with kitchen for roomier or extended stays. Extensive renovations were completed and the hotel was relaunched in March 2023. Guests are greeted by a custom, locally painted mural inspired by a vintage postcard. The relaxing courtyard beckons guests to lounge and enjoy the Gulf breezes and sunshine. Guests love the plush seating, family games and BBQ grill with picnic table for those who enjoy grilling on vacation. There is ample parking for guests and the rooms feature the convenience of self check-in. Guests love the proximity to the beach across the street. Guests will love the few steps to the sand and multiple restaurants and live music options nearby. Guests will also love the close proximity to John's Pass Village & Boardwalk, Pinellas County's #1 tourist attraction - it's only a 2 minute drive, short trolley ride or 15 minute walk away. Guests will rave over the 100+ merchants with unique retail shops, restaurants, dolphin and fishing tours, boat and jet ski rentals, and parasailing.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
Exterior
-
Garage
No
-
Construction Materials
Block, Concrete, Stucco
-
Other Exterior Features
Courtyard, Outdoor Grill, Storage
-
Parking
Off Street, Open
-
Pool
No
Area & Lot
-
Lot Features
Corner Lot, Level, Near Public Transit, Paved
-
Lot Size(acres)
0.26
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Price
-
Sales Price
$3,999,900
-
Tax Amount
41118.0
-
Sq. Footage
3, 434
-
Price/SqFt
$1,164
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Sewer
Public Sewer
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Location
County
Pinellas
Elementary School
Middle School
High School
Listing Courtesy of Evan Pedone , ENGEL & VOLKERS MADEIRA BEACH
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