About This Home

This 6-bedroom, 5-bathroom multi-family at 10218 GULF Boulevard in Treasure Island, FL is listed for $2,900,000 ($955 per sqft). Built in 1925, the home offers 3,037 sqft of living space on a 0.15 acres lot.

Key Features

  • Built in 1925
  • 0.15 acre lot
  • Fireplace
  • Waterfront

Property Details

5 full
1925

Amenities

FireplaceWaterfrontViewA/C
Listing Description

RARE GULF-FRONT HOTEL-ZONED OPPORTUNITY IN TREASURE ISLAND! Located directly on the Gulf, 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 assembl

ing 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.

Monthly Cost Estimate

$15,510/mo

20% down · 6.5% · 30 years

Principal$2,097
Interest$12,567
Insurance$846

Estimates only. Actual payments may vary.

Location

10218 GULF Boulevard

Treasure Island, FL 33706

SAWYER & HARRELLS ADD

Features & Amenities

Interior Features

Ninguno

Property Details

Construction

Stone Frame

Views

OceanWater

Heating

CentralDuctless (Heating)

Cooling

Window Unit(s)Central AirWall/Window Unit(s)

Questions & Answers

This 6-bedroom, 5-bathroom multi-family at 10218 GULF Boulevard is listed at $2,900,000 ($955/sqft). The estimated monthly payment is $15,510 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1925, 0.15 acre lot, Fireplace, Waterfront. Interior Features: Ninguno.

This property is listed by Hendrik Bisanz and can be reached at 8134229112.

HB

Hendrik Bisanz

Agent at SEASALT Properties

(813) 422-9112
Agent website

Listed by SEASALT Properties · Broker phone: (813) 422-9112 · View on Broker Site · Broker website

MLS# TB8549492· Source: Stellar MLS· 12 days on PropertySimple

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

10218 GULF Boulevard, Treasure Island, FL 33706

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