8301 W GULF BOULEVARD, TREASURE ISLAND, FL 33706

Description of 8301 W GULF BOULEVARD, TREASURE ISLAND, FL 33706

This Solid block building directly across from the sugary sands of Sunset Beach, is a rare opportunity to own a four-unit property in the heart of the highly sought-after Sunset Beach neighborhood. Located directly across the street from Sunset Beach access, the property offers a location that consistently appeals to both long-term tenants and short-term renters. Sunset Beach is known for its quiet, walkable streets, limited inventory, and authentic coastal charm, making it one of the most desirable and tightly held areas along the Gulf Beaches.The property consists of four one-bedroom, one-bath units, all currently occupied by annual tenants and operated as unfurnished long-term rentals. Each unit is separately metered for electric, and the building includes shared laundry facilities, upstairs and downstairs patios, ample parking, and additional storage. As currently operated, the property provides steady income with an estimated cap rate of approximately 6%. For a buyer looking ahead, there is clear upside potential. Given its beachside location and layout, the highest and best use of the property is as a short-term or seasonal rental operation(1 month minimum 5 times per year), where projected returns could increase to approximately 8–10%(PRO FORMA AVAILABLE). This flexibility allows a new owner to enjoy reliable income today while maintaining the option to reposition the property in the future and take full advantage of its exceptional Sunset Beach location. Brand new coin operated landry offsets most of the common power and water for the building *Bottom 2 units were flooded during Hurricane Helene and were remediated with permits. All zoning nd other material facts should be verified by the buyer an or their agent. DO NOT DISTURB TENANTS

Property Details for 8301 W GULF BOULEVARD, TREASURE ISLAND, FL 33706

Interior Features

Built-in Features, Ceiling Fan(s), Walk-In Closet(s)

Appliances

Convection Oven, Dishwasher, Dryer, Microwave, Refrigerator, Washer

Flooring

Ceramic Tile, Luxury Vinyl, Hardwood

Heating

Electric, Heat Pump

Cooling

Central Air

Furnished

Unfurnished

Parking Features

Guest, Open

Pool Private

No

Building Information for 8301 W GULF BOULEVARD, TREASURE ISLAND, FL 33706

Building Area Total

2871

Building Area Units

Square Feet

Association

No

Pets Allowed

Yes

Property Information for 8301 W GULF BOULEVARD, TREASURE ISLAND, FL 33706

Lot Features

City Lot, Landscaped, Near Public Transit

Lot Size Square Feet

5,502

Waterfront

No

View

No

Construction Materials

Block

Roof

Shingle

Exterior Features

Awning(s), French Doors, Lighting, Rain Gutters, Storage

Sewer

Public Sewer

Water Source

Public

New Construction

No

Public Records for 8301 W GULF BOULEVARD, TREASURE ISLAND, FL 33706

Parcel Number

363115873900030031

Tax Annual Amount

$13,587

Tax Year

2025

Tax Legal Description

SUNSET BEACH UNIT 1 BLK 3, PT OF LOTS 3 & 4 DESC BEG MOST S'LY COR OF LOT 4 TH N26DW 100FT TH N64DE

Zoning

M

County Or Parish

Pinellas

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