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Active - Quadruplex for sale

10218 GULF BOULEVARD, Treasure Island, FL

6 bds|3,037 sqft

Facts & features

Quadruplex Property type
58 days on Beycome
1925 Year built
$955 Price/Sqft.
6,500 sqft Lot size

Why you’ll love it

  • Waterfront
  • Four living units

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, FEMA/flood requirements and redevelopment potential with the appropriate governmental authorities.

Translating description...

Listings courtesy of SEASALT PROPERTIES as distributed by MLS GRID.

Listed by: Hendrik Bisanz • hendrik@seasaltholdings.com • SEASALT PROPERTIES

Co-listed by: SEASALT PROPERTIES

Source: Stellar MLS as distributed by MLS GRID, MLS#: TB8549492 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 12:33 PM EST.

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Affordability

$1,885,000$3,915,000
1%20%
0%90%
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Estimated monthly payment

$16,771/mo

  • Mortgage$14,664
  • Property tax$2,107
  • HOA fee
  • Homeowners insurance
Due at closing$2,305,500
Down payment held in escrow$580,000
Closing costs$43,500
beycome credit Est.$58,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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About Sawyer & Harrells Add

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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 10 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. 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.

$2,900,000 Listed price

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$58,000 Credit back

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