10218 Gulf Boulevard, Treasure Island, FL 33706
Local realty services provided by:CENTURY 21 North East
10218 Gulf Boulevard,Treasure Island, FL 33706
$2,900,000
- 6 Beds
- 5 Baths
- 3,037 sq. ft.
- Multi-family
- Active
Listed by: hendrik bisanz
Office: seasalt properties
MLS#:TB8549492
Source:MFRMLS
Price summary
- Price:$2,900,000
- Price per sq. ft.:$954.89
About this home
RARE GULF-FRONT HOTEL-ZONED OPPORTUNITY IN TREASURE ISLAND! Located directly on the Gulf of Mexico, 10218 Gulf Blvd offers approximately 50 feet of Gulf frontage on a 6,500-square-foot lot with highly desirable RFH-50 zoning, allowing residential/hotel development at a density of up to 50 units per acre.
The property currently contains four living units totaling approximately 3,037 heated square feet: a 2-bedroom/2-bath unit of approximately 1,190 sq. ft., a studio/1-bath of approximately 400 sq. ft., a 3-bedroom/1-bath of approximately 750 sq. ft., and a 1-bedroom/1-bath of approximately 697 sq. ft.
The property sustained damage during the 2024 storms, but immediate remediation was performed afterward. The upstairs street-side unit has power and remained occupied throughout. The remaining units provide an opportunity for a buyer to evaluate renovation and restoration of the existing improvements, while the property's RFH-50 zoning creates an entirely different opportunity for those considering redevelopment.
And there may be an even bigger opportunity: the adjacent property at 10220 Gulf Blvd may also be available, potentially creating an assemblage of approximately 100 feet of Gulf frontage for a larger hospitality or redevelopment concept.
Whether the vision is to restore the existing four-unit property, redevelop 10218 on its own, or explore assembling both neighboring Gulf-front parcels, opportunities combining this location, Gulf frontage and hotel zoning are increasingly difficult to find along the Pinellas beaches.
Property is being sold AS-IS. Buyers and their representatives are responsible for independently verifying zoning, density, permitted uses, rental regulations, existing unit status, building condition, FEMA/flood requirements and redevelopment potential with the appropriate governmental authorities....
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Home facts
- Year built:1925
- Subdivision & Development:SAWYER & HARRELLS ADD
- Listing ID #:TB8549492
- Added:1 day(s) ago
- Updated:September 17, 2026 at 07:40 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:5
- Living area:3,037 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall/Window Unit(s)
- Heating:Central, Ductless
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1925
- Building area:3,037 sq. ft.
- Lot area:0.15 Acres
- Construction Materials:Frame, Stone
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$2,900,000
- Price per sq. ft.:$954.89
- Tax amount:$25,284 (2026)
Features and amenities
- Amenities:BB/HS Internet Available, Electricity Available
- Pool features:Public Pool
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