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10650 gulf boulevard

TREASURE ISLAND, FL 33706

1 BED 1-Full BATH
0.46 AC LOT
Residential - Condo
Image 1
Bedrooms 1
Total Baths 1
Full Baths 1
Acreage 0.47
Status Off Market
MLS # U8234155
County Pinellas
More Info
Category Residential - Condo
Status Off Market
Acreage 0.47
MLS # U8234155
County Pinellas
DING DING DING Calling ALL Investors and vacation home buyers! Unbeatable Income Producing beachfront studio (1/1) at the Award Winning Bilmar Beach Resort. This is the PERFECT opportunity to make your money work for you! Generate income AND have a vacation spot in the middle of Treasure Island!! The Bilmar offers owners 2 options for personal use and FULL turn-key rental management. This hotel is packed with amenities for you to enjoy like the TREASURE ISLANDS SLOPPY JOES ON THE BEACH right on the Bilmar Campus! Walk right over for dinner and drinks!! Other world class amenities include: 2 heated pools, whirlpool spa & rooftop sun deck, direct beach access, beachside fire pits, mile-long beachside fitness/jogging trail, kayaks, , state of the art fitness center, business center, play areas, and plenty of family friendly fun. The Bilmar has a GREAT Marketing team that works hard to keep revenue and occupancy up! This condo hotel has a full-service lobby and housekeeping service. The resort was renovated in 2018. This Gulf Tower Studio Unit is spacious and located on the third floor with a large balcony overlooking the pool to the white sandy beaches of Treasure Island. The unit has a spacious bathroom, 2 queen beds, a kitchenette with refrigerator and microwave, a flat screen TV and free wireless Internet. This is an excellent investment! *******Net Rental Income: Year 2021 Rental Revenue: Gross $52,736 Net $26,347 ($18,309); *****Year 2022Rental Revenue: Gross $60,412 Net $30,167 ($20,578); ******Year 2023 Rental Revenue Gross $61,574 Net $30,747 ($18,924). One of the BEST PERFORMING UNITS in the Tower! Make an appointment today!!
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Listing
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Exterior Features

  • Construction Condo - Hotel
  • Siding Concrete
  • Roof Other
  • Garage No
  • Water Public
  • Sewer Public Sewer
  • Lot Description FloodZone, City Limits

Interior Features

  • Appliances Cooktop, Microwave, Refrigerator
  • Heating Other
  • Cooling Other
  • Basement Concrete Perimeter
  • Year Built 1974

Neighborhood & Schools

  • Subdivision BILMAR BEACH RESORT CONDO

Financial Information

  • Parcel ID 23-31-15-08830-000-3430

Listing Information

Properties displayed may be listed or sold by various participants in the MLS.