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
Amenities
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
Estimates only. Actual payments may vary.
Location
10218 GULF Boulevard
Treasure Island, FL 33706
SAWYER & HARRELLS ADD
Features & Amenities
Interior Features
Property Details
Construction
Views
Heating
Cooling
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.



