Overview

Description

Treasure Palms Executive Summary
11295 Gulf Blvd. Treasure Island
The Treasure Palms Resort is being sold as a shovel ready development including fully approved plans that are permit ready. This beautifully designed Condotel consists of 12 well appointed luxury condo units with balconies on every floor. Offering a great view of both the Intercoastal Waterway (ICW) and the beach as every floor going up to the 6th floor Penthouse exponentially improves. The 11 units range from 849 Sq. Ft. to 899 Sq. Ft. and the Penthouse Unit on floor 6 has a whopping 1252 Sq Ft.

Treasure Palms municipality has recently changed the "Permitting Use" to owners being able to live in the units all year round instead of 30 day per year. Owners have the choice of managing their individual condos themselves or turning the unit over to a property management company of their choice. The home owners association (HOA) documents have all been completed and are approved. This property has continued Return on Investment (ROI) to keep all of the units and make a great return on the investment as this is a Condotel (Meaning Airbnb/VRBO rentals are allowed).
 
HIGHLIGHTS
*SHOVEL READY/PEMIT ISSUED DEVELOPMENT 
*3 Million Dollar Potential Income
*HOA Documents ALL Approved 
*Principals Only
* Open Floor Plans / Great Concept
* Water View Covered Balconies
* Modern Design Construction with a Gourmet Chef’s Kitchen
* Custom Trim Work/ Designer Finishes/Decorative Hard Surfaces
* Beautiful Landscape/ Reclaimed Irrigation
* Pervious Driveway/ Secure Fencing
* Luxurious Pool and Lounge Area
* Assigned Covered Parking
*White Shaker Wood Cabinets with Granite Countertops
* Covered Entrances
*Changes can be customized to new owner discretion
* New Permitted Seawall Completed  
* County water hookups on site 
* Temp Power Poll on site with power connected 
* Spectrum Wi-Fi for future construction site office

Owners and vacationers have the top rated amenities within a three mile radius of the property including restaurants, local watering holes, beach, boating, guided fishing trips, tours, and many many more. There are two dedicated beach access points across the street of the property. There is public beach parking within 200 feet from the property.
Treasure Island, located along the Gulf of Mexico, boasts white sandy beaches, pristine waters, welcoming hotels, unique restaurants and family-friendly attractions that make it the perfect destination for your next vacation home or permanent home. One of the best parts of taking a vacation to Treasure Island is the fact that it’s only three miles long, making the white-sandy beaches, lively restaurants and tiki bars all within walking distance. These Opal-curated experiences will help point you in the right direction for maximum Florida fun in the sun. Breezy and beautiful, the beach at Treasure Island is also wide, making it a playground for flying kites, reading under cabanas and watching the Gulf waves hit the sand. There are giant inflatable water slides here, and rentals of paddleboards, kayaks, and beach toys; play all day and then sip the night away  from local businesses. Visitors of all ages love exploring "John's Pass" the historic fishing village; it’s like stepping back in time. Local activities; Jet skiing, water skiing, boating, parasailing, dolphin tours, and unique retail shopping. There are hundreds of stores and restaurants, including plenty of locally favorite watering holes, legend has it that Sunset Beach inspired Jimmy Buffett to write “Margaritaville,” and it’s no surprise. Visit Clearwater Beach, Honeymoon Island, Caladesi Island, Ft Desoto State Park, and the beautiful nightlife of St. Petersburg. 


reasure Island is located along the Gulf of Mexico,  boasting white sandy beaches, pristine waters, welcoming hotels, unique restaurants and family-friendly attractions that make it the perfect destination for your next vacation home or permanent home. One of the best parts of taking a vacation to Treasure Island is the fact that it’s only three miles long, making the white-sandy beaches, lively restaurants and tiki bars all within walking distance. These Opal-curated experiences will help point you in the right direction for maximum Florida fun in the sun. Breezy and beautiful, the beach at Treasure Island is wide making it a playground for flying kites, reading under cabanas and watching the Gulf waves hit the sand. There are giant inflatable water slides here, and rentals of paddleboards, kayaks, and beach toys; play all day and then sip the night away with cocktails from Caddy’s. Visitors of all ages love exploring this historic fishing village; it’s like stepping back in time when fishing dominated Florida. But modern attractions abound, too, including parasailing, jet skiing, unique retail shopping and dolphin watching. There are more than 100 stores and restaurants, including plenty of locally favorite watering holes. Legend has it that Sunset Beaches inspired Jimmy Buffett to write “Margaritaville,” and it’s no surprise. A carefree spirit pervades this stretch of sand, where tiki huts and beachfront bars draw many parrot-heads to watch the sun cast its final golden glow. Plan to spend a day at the Dali Museum, where a one-of-a-kind collection of Salvador Dali’s works fills an equally unparalleled building and awe-inspiring gardens. It’s all on the waterfront in downtown St. Petersburg, making it a dynamic destination for all ages. More than 50,000 tropical plants and flowers fill the 100-year-old Sunken Gardens, one of the last remaining Florida roadside attractions. Follow the meandering paths through the botanical bounty to discover flamingos among the lush gardens. 

Location

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