8301 W GULF BOULEVARD, Treasure Island, FL 33706

• 4 beds |
• 4 baths |
• 2,871 sqft

Property Description

This Solid block building directly across from the sugary sands of Sunset Beach, is a rare opportunity to own a four-unit property in the heart of the highly sought-after Sunset Beach neighborhood. Located directly across the street from Sunset Beach access, the property offers a location that consistently appeals to both long-term tenants and short-term renters. Sunset Beach is known for its quiet, walkable streets, limited inventory, and authentic coastal charm, making it one of the most desirable and tightly held areas along the Gulf Beaches.The property consists of four one-bedroom, one-bath units, all currently occupied by annual tenants and operated as unfurnished long-term rentals. Each unit is separately metered for electric, and the building includes shared laundry facilities, upstairs and downstairs patios, ample parking, and additional storage. As currently operated, the property provides steady income with an estimated cap rate of approximately 5%. For a buyer looking ahead, there is clear upside potential. Given its beachside location and layout, the highest and best use of the property is as a short-term or seasonal rental operation(1 month minimum 5 times per year), where projected returns could increase to approximately 7–9%(PRO FORMA AVAILABLE). This flexibility allows a new owner to enjoy reliable income today while maintaining the option to reposition the property in the future and take full advantage of its exceptional Sunset Beach location. Brand new coin operated landry offsets most of the common power and water for the building *Bottom 2 units were flooded during Hurricane Helene and were remediated with permits. All zoning nd other material facts should be verified by the buyer an or their agent. DO NOT DISTURB TENANTS

Listing Status:

Active

Date Added:

January 16, 2026

Data Last Updated:

July 26, 2026 at 8:22PM

Listing Office:

GULFSIDE REALTY SALES : 727-826-0001

Listing Agent:

Shawn Dunn : 727-272-1618

MLS ID:

TB8464657

Interior

• General: Built-in FeaturesCeiling Fans(s)Walk-In Closet(s)
• Rooms: Interior In-Law Suite w/No Private EntryStorage Rooms
• Appliances: Convection OvenDishwasherDryerMicrowaveRefrigeratorWasher
• Laundry: Outside
• Flooring: Ceramic TileLuxury VinylWood
• A/C: Central Air
• Heating: ElectricHeat Pump
• Fireplace: DecorativeFireplace

Exterior

• General: Awning(s)French DoorsLightingRain GuttersStorage
• Other Structures: Rear PorchPatio
• Parking: GuestOpen

Construction

• Roofing: Shingle
• Windows: Double Pane WindowsENERGY STAR Qualified Windows
• General: BlockSlab

Location

• Road/Access: Paved
• Originating MLS: Stellar MLS
• County: Pinellas

Lot

• Zoning: MSUNSET BEACH UNIT 1 BLK 3PT OF LOTS 3 & 4 DESC BEG MOST S'LY COR OF LOT 4 TH N26DW 100FT TH N64DE36-31-15-87390-003-0031

Utilities

• Utilities: BB/HS Internet AvailableElectricity Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple