AUCTION!!AUCTION!! This SALTWATER FRONT property will be SOLD ONSITE on Saturday May 4th at 12 PM by public AUCTION . Sold Free and Clear of All liens. Continue to operate this 6 unit income producing property or Redevelop. Directly on Gulf BL across from Treasure Island Beach. One two story, 4 bedroom, 2 bath single family home producing $1,395/month, PLUS 5 unit single story building producing $3,680/month. All units are currently occupied with annual leases with an option to renew. Property has 100 feet footage on Gulf Blvd and 100 feet on the saltwater canal with easy access to John's Pass and the Gulf of Mexico. According to the City of Treasure Island: Actual Density - Hotels/Motels/Condo-Hotels 12 Units can be placed on this parcel - (for 0.4238 ac) Multi-family dwellings (Condo – Non-Tourist Dwelling) 6 Units can be placed on this parcel Size – 0.4238 acres Zoning – RFM 30 Base Flood Elevation – AE 11 (New Flood Maps are currently being reviewed by FEMA. Anticipated adoption is within 24 months.) Required Freeboard - +2 feet
Listing courtesy of BHHS FLORIDA PROPERTIES GROUP.
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