Auction Property. 10 cap rate! Welcome to Cabanas of Treasure Island, a boutique hotel in the heart of Treasure Island. This recently renovated, licensed hotel features 12 rooms. This hotel is zoned and licensed for daily rentals. There are 3 studios each with 2 queen beds, 4 king bed studios, 4 one-bedroom suites with a kitchenette and additional pull-out sofa with a Tempurpedic sofa mattress in the living area. There is also a private 1 bedroom suite with kitchen for roomier or extended stays. Extensive renovations were completed and the hotel was relaunched in March 2023. Guests are greeted by a custom, locally painted mural inspired by a vintage postcard. The relaxing courtyard beckons guests to lounge and enjoy the Gulf breezes and sunshine. Guests love the plush seating, family games and BBQ grill with picnic table for those who enjoy grilling on vacation. There is ample parking for guests and the rooms feature the convenience of self check-in. Guests love the proximity to the beach across the street. Guests will love the few steps to the sand and multiple restaurants and live music options nearby. Guests will also love the close proximity to John's Pass Village & Boardwalk, Pinellas County's #1 tourist attraction - it's only a 2 minute drive, short trolley ride or 15 minute walk away. Guests will rave over the 100+ merchants with unique retail shops, restaurants, dolphin and fishing tours, boat and jet ski rentals, and parasailing.
This property is $3.2M more than the Median Sold Price and $591/SqFt more than other homes in Treasure Island, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #U8225820
Listing Office:
Office Name: ENGEL & VOLKERS MADEIRA BEACH
Office Phone: (727) 394-7365
Listing Agent: Evan Pedone
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.
Last updated on: 4/28/2024, 8:19:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 13, 2016
Jul 13, 2016Home Sold
$1,050,000
Oct 27, 2014
Oct 27, 2014Home Sold
$437,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$17,495
$1,000,000
2019
$16,605
$940,000
2018
$15,953
$904,000
2017
$15,634
$876,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$20K
Per Month
Principal & Interest
$19.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$12K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Azalea Elementary School
1680 74th St N
Distance between this listing and this school2.36 miles
Public District Grades PK-5
Middle School
2
/10
Azalea Middle School
7855 22nd Ave N
Distance between this listing and this school2.29 miles
Public District Grades 6-8
High School
3
/10
Boca Ciega High School
924 58th St S
Distance between this listing and this school4.32 miles
Public Magnet Grades 9-12
Assigned Schools
5
/10
Azalea Elementary School
1680 74th St N
Distance between this listing and this school2.36 miles
Public District Grades PK-5
Nearby Schools
8
/10
Pasadena Fundamental Elementary School
95 72nd St N
Distance between this listing and this school2.54 miles
Public Magnet Grades KG-5
3
/10
Seventy-Fourth St. Elementary School
3801 74th St N
Distance between this listing and this school3.14 miles
Public District Grades PK-5
Assigned Schools
2
/10
Azalea Middle School
7855 22nd Ave N
Distance between this listing and this school2.29 miles
Public District Grades 6-8
Nearby Schools
8
/10
Madeira Beach Fundamental K-8
591 Tom Stuart Causeway
Distance between this listing and this school2.32 miles
Public Magnet Grades KG-8
6
/10
Plato Academy of St.Petersburg
3901 Park St N
Distance between this listing and this school2.61 miles
Public Charter Grades KG-8
Assigned Schools
3
/10
Boca Ciega High School
924 58th St S
Distance between this listing and this school4.32 miles
Public Magnet Grades 9-12
Nearby Schools
10
/10
St. Petersburg Collegiate High School
6605 5th Ave N
Distance between this listing and this school2.99 miles
Public Charter Grades 9-12
3
/10
Dixie M. Hollins High School
4940 62nd St N
Distance between this listing and this school4.33 miles
The neighbors living near this home have an average income of $29,043. Most Treasure Island, FL residents have annual incomes less than $35k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 12035 Gulf Blvd in Treasure Island, FL and zip code 33706 in the Treasure Island Downtown neighborhood. This 3,434 square foot home, which was built in 1952, sits on a 0.26 acre lot. Features: 4 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since January 08, 2024 and is currently priced at $3,999,900.
Over 0 listings were sold over their listed price in March 2024 in Treasure Island, FL. In the same period over 23 listings were sold below the listed price and 4 listings were sold for the listed price. In March 2024 in Treasure Island, FL there were 12.5% more homes for sale than in February 2024. In March 2024, listings were on the market for 75 days. During the same period, the median list price in this real estate market was $745,000.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Symphony or Opera
Symphony or Opera
Minor League Baseball Games
Hiking/backpacking
Chico's
New York & Company
Nordstrom Rack
Boston Market
Chick-fil-A
Chipotle
Volvo
Kia
Mazda
Talk/Personality
Rock
Classical