10218 GULF BOULEVARD
Treasure Island, FL 33706
$2,900,000
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 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, ...
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Listing Courtesy of: SEASALT PROPERTIES
727-289-9403
| Listing Id: | TB8549492 |
|---|---|
| List Price: | $2,900,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Quadruplex |
| Status: | Active |
| Bedrooms Total: | 6 |
| Bathrooms Full: | 5 |
| Living Area: | 3,037 |
| Tax Annual Amount: | $25,284 |
| Lot Size Square Feet: | 6,500 |
| Lot Size Acres: | 0.15 |
| Waterfront?: | Yes |
| City: | Treasure Island |
| County Or Parish: | Pinellas |
| Subdivision Name: | Sawyer & Harrells Add |
| Postal Code: | 33706 |
| Year Built: | 1925 |
| Number Of Units Total: | 4 |
| Bathrooms Total Integer: | 5 |
| Building Area Units: | Square Feet |
| Foundation Details: | Other |
| Construction Materials: | Stone, Frame |
| Cooling: | Central Air, Wall/Window Unit(s) |
| Fireplace Features: | Stone |
| Directions: | Entering Treasure Island via Cental Ave, turn left (direction South). The property is on your right. |
| Exterior Features: | Other |
| Heating: | Central, Ductless |
| Interior Features: | Ninguno |
| Laundry Features: | Other |
| Listing Contract Date: | 2026-09-17 |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Size Acres: | 0.15 |
| Lot Size Dimensions: | 50x130 |
| Postal Code Plus4: | 4879 |
| MLS Area Major: | 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl |
| MLS Area Major: | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl |
| Original List Price: | $2,900,000 |
| Parcel Number: | 26-31-15-78786-002-0110 |
| Township: | 31 |
| Road Surface Type: | Paved |
| Roof: | Shingle |
| Listing Terms: | Cash, Conventional |
| Tax Year: | 2026 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| Water Body Name: | GULF OF MEXICO |
| State Or Province: | FL |
| Additional Parcels Description: | 26-31-15-78786-002-0100 |
| Utilities: | BB/HS Internet Available, Electricity Available, Sewer Available |
| View: | Water, Beach, Gulf/Ocean - Full |
| Water Source: | Public |
| Number Of Lots: | 1 |
| Public Survey Range: | 15 |
| Public Survey Section: | 26 |
| Zoning: | RFH-50 |
| Possession: | Close Of Escrow |
| Waterfront Features: | Beach Front |
| Annual Net Income: | 0.00 |
| Calculated List Price By Calcula: | 954.89 |
| Cddyn: | No |
| Dprurl: | https://www.workforce-resource.com/dpr/listing/MFRMLS/TB8549492?w=Agent&skip_sso=true |
| Dprurl 2: | https://www.workforce-resource.com/dpr/listing/MFRMLS/TB8549492?w=Customer |
| Dpryn: | No |
| Flood Zone Code: | VE |
| Green Verification Count: | 0 |
| Homestead Yn: | No |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 282.15 |
| Lot Size Square Meters: | 604 |
| Realtor Info: | As-Is, Seller May Build, Short Term Rental Allowed, Subject to Approval |
| Sdeo yn: | No |
| Total Acreage: | 0 to less than 1/4 |
| Total Num Buildings: | 2 |
| Unit Count: | 4 |
| Unit Number Yn: | No |
| Water Access: | Beach, Gulf/Ocean |
| Water Access Yn: | Yes |
| Water Extras Yn: | No |
| Waterfront Feet Total: | 50 |
| Water View: | Yes |
| Association 2 Yn: | 0 |
| Attribution Contact: | 727-289-9403 |
| Originating System Name : | Stellar MLS |
| Dock Yn: | No |
| Water Frontage Feet Beach: | 50 |
| Green Energy Generation Yn: | No |
| Fireplace?: | Yes |
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Property Last Updated: October 08, 2026 07:25 PM - ET
