Prime Investment Opportunity on Treasure Island – Duplex Near the Beach Located in the highly sought-after Treasure Island area on Isle of Palms, this duplex offers an exceptional chance to invest in one of Florida’s most desirable coastal communities. Just a few hundred feet from the pristine white sandy beaches and steps from the vibrant waterfront district, this property is also within close proximity to the renowned John’s Pass Village & Boardwalk, known for its dining, shopping, and entertainment. This duplex features two distinct units: A 2-bedroom, 1-bath unit and A 1-bedroom, 1-bath unit, with a common area laundry room accessible from the backyard. Each unit has separate electric meters with one water meter to the property. The property sustained water damage from Hurricane Helene, presenting a unique opportunity for investors. Remodel the existing structure to create a lucrative rental property or start fresh and build new construction to capitalize on this premium location. With its unbeatable location and endless potential, this is the ideal investment for those seeking to maximize returns in a high-demand market. Don’t miss your chance to transform this property into a coastal gem. Act now to secure this rare opportunity! **All buyers and their agents are responsible for conducting their own due diligence. The seller makes no representations or warranties regarding the property’s condition or current state, including the feasibility of remodeling the existing structure. Buyers are advised to consult with state, local, or city authorities to verify permitting and zoning requirements. Neither the seller nor the listing agent will be held liable for any inaccuracies or unknown/undisclosed material information.**
Discover coastal living at its finest with this beautifully updated one-story duplex, perfectly situated in the heart of Treasure Island's desirable Isle of Palms community. This property features two thoughtfully designed units, each offering 2 bedrooms and 1 bathroom, ideal for those seeking a versatile investment or personal beachside retreat. The duplex boasts spacious driveway parking, accommodating up to two vehicles for each unit, and includes a shared laundry room with a stacked washer and dryer conveniently located at the rear of the building. Just a short 5-minute walk brings you to the pristine sands of Treasure Island Beach, while an array of shops and restaurants are within an easy 10-minute stroll. Renovated inside and out just four years ago, this property includes NEW hurricane impact windows and doors, water heaters, AC units, electric panels and more... all installed in 2020! A BRAND-NEW DIMENSIONAL SHINGLE ROOF was put on in August 2024, ensuring modern comfort and durability for the long-term. This is a rare opportunity to own a strong income-producing property in one of Florida’s most sought-after beach communities!
Silver Sands is an 8 unit licensed hotel comprising three buildings and a large courtyard at an amazing 10 CAP RATE. Located just steps to the beach, this boutique hotel offers one bedroom suites to fit all types of vacationers. These spacious units all feature a combined living and dining area, generous kitchenette and separate bedroom and bathroom. The bottom floor units offer a charming front patio that opens to a large landscaped courtyard, putting guests in a vacation state of mind. An additional outdoor area for relaxing in the Gulf breeze ensures parties of all size can find a tropical sanctuary. This boutique hotel is renovated with new roofs, newer HVAC and new water heaters presenting the buyer with a low maintenance, tropical oasis. New floors and cabinets are just another highlight. Reserved on site parking is popular with guests. Prime Gulf Blvd location with direct access to a crosswalk makes staying here a breeze. The property is a two minute walk to Pinellas County's #1 tourist destination John's Pass Village & Boardwalk featuring shopping, restaurants, jet ski rentals, sunset cruises, fishing charters and live music. Treasure Island beach is located steps away and beacons guests to relax and stay a while. A boat ramp is located just steps from this property making kayak and water sports a breeze. Kayak, jet ski and floating tiki hut operators routinely make arrangements to pick up guests here. This property is currently in the process of being renovated after receiving water intrusion from Hurricane Helene. Permits are already in place, giving the new owner the opportunity to be one of the first hotels reopening on the beaches and to take advantage of the busy winter and spring seasons. Additional 10 unit hotel for sale next-door, schedule your tour today.
The Bungalows welcomes investors with an impressive 11 CAP RATE! This 10 unit plus office licensed hotel offers high income potential in its current use and intriguing value for future use of its four buildings and three parcels. A newly resurfaced pool and new pool equipment await guests. Two of the four buildings lay adjacent to the pool, offering multiple rentals just steps to a relaxing dip or lounging on the pool deck. The Bungalows offers studios, one and two bedroom units to appeal to all types of vacationers. Every unit features a kitchenette making them feel like a home away from home. The charm and pride of ownership also extends to the multiple outdoor spaces frequently raved about in reviews. Relax under shade, unwind in an Adirondack chair or play corn hole in the Florida sun - there are many options for outdoor enjoyment here. Each unit has direct access to outdoor areas made to feel like a private oasis for guests. This boutique hotel offers new roofs, HVAC and water heaters presenting the buyer with a low maintenance, tropical sanctuary. New floors and cabinets are just another highlight. Prime Gulf Blvd location with direct access to a crosswalk makes staying here a breeze for guests. The property is a two minute walk to Pinellas County's #1 tourist destination John's Pass Village & Boardwalk featuring shopping, restaurants, jet ski rentals, sunset cruises, fishing charters and live music. Treasure Island beach is located steps away and beacons guests to relax and stay a while. A boat ramp is located steps from this property making kayaking a breeze. Kayak, jet ski and floating tiki hut rentals routinely make arrangements to pick up guests here. This property is currently in the process of being renovated after receiving water intrusion from Hurricane Helene. Permits are already in place, giving the new owner the opportunity to be one of the first hotels reopening on the beaches and to take advantage of the busy winter and spring seasons. Additional 8 unit hotel for sale next-door, schedule your tour today.
One 2 Story Building with 3 Rental Units Under one Roof. Legally zoned for Short Term Rentals with NO Rental Minimums or Maximums. Located in the very limited RFM-30 Zone in Treasure Island. Property has never been used as a short term rental. Start with a clean slate. Purchase now to start booking for the upcoming rental season. Your guests will enjoy an abundance of Outdoor space & Water views throughout. Located with very easy access to Sunset Beach, The Gulf of Mexico & Blind Pass Waterway. Floor plans & Zoning Map are available in attachments. Photos are Pre Hurricane Helene. More to come. Please do not disturb the occupants.
JUST THE FIRST FLOOR OF THE HOTEL HAS BEEN FLOODED FROM HURRICANE HELENE BUT IS CURRENTLY BEING REMODELED! SECOND FLOOR HIGH AND DRY! BRAND NEW ROOF JUST INSTALLED Welcome to "The Beachhouse" a charming and unique 9-room boutique hotel (equipped for 10 units if you use the current office space) The hotel is merely a 100 yards away from the sugary beaches of the sand and surf of Treasure Island. This delightful hotel offers a cozy and welcoming atmosphere, perfect for those seeking a laid-back coastal vacation experience. Each room is thoughtfully designed to maximize comfort and functionality, featuring a kitchenette, a bathroom, a comfortable bed, along with a futon to accommodate an additional guest. These beachside retreat rooms offer everything you need for a comfortable and enjoyable stay. In addition, there is a newly paved front courtyard with tables and chairs allowing one to enjoy a morning coffee or feel free to unwind with a refreshing adult beverage after a day at the beach. The hotel offers ample parking for each guest. This turnkey hotel is a rare find, providing a great opportunity for investors looking for a property that is ready to use as an Airbnb. Makes a great 1031 Exchange too! The coastal and cozy atmosphere of the hotel makes it a popular choice for vacationers looking for a unique and memorable experience. Upgrades include a newer metal roof, newer exterior and interior paint, newer furniture, newer windows, newer Air Condtioning units and newer electrical panels. There will also be an attached feature sheet to include additional items. Do not miss out on this amazing opportunity to own a charming and unique beach-side hotel in one of the most sought after locations in Treasure Island. All financials will be sent upon request.
The median home value in Treasure Island, FL is $742,500. This is higher than the county median home value of $380,200. The national median home value is $338,100. The average price of homes sold in Treasure Island, FL is $742,500. Approximately 47.23% of Treasure Island homes are owned, compared to 14.91% rented, while 37.86% are vacant. Treasure Island real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Treasure Island real estate agent to arrange a tour today!
Treasure Island, Florida has a population of 6,620. Treasure Island is less family-centric than the surrounding county with 6.65% of the households containing married families with children. The county average for households married with children is 21.33%.
The median household income in Treasure Island, Florida is $79,491. The median household income for the surrounding county is $60,451 compared to the national median of $69,021. The median age of people living in Treasure Island is 61.5 years.
The average high temperature in July is 90.5 degrees, with an average low temperature in January of 52.6 degrees. The average rainfall is approximately 50.8 inches per year, with 0 inches of snow per year.