Description
Package deal only! Two Gulf-front lots (10218 + 10220 Gulf Blvd) = 100ft of beach-frontage; Zoning: RFH-50. Nightly rentals are permitted. Best use: Build up to 15 condo-hotel units. The income is based on realistic projections at 70% occupancy. Stop the owner TODAY as they too are now talking with architects. The current ask price will go up as development costs are incurred. There are currently 4 structures with 7 living units that will need to be demolished. New houses are going to be built across the street, which will add value to the area.
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0BEDS
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0.3ACRES
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0BATHS
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01/2 BATHS
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12,950SQFT
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$340$/SQFT
School Ratings & Info
Description
Package deal only! Two Gulf-front lots (10218 + 10220 Gulf Blvd) = 100ft of beach-frontage; Zoning: RFH-50. Nightly rentals are permitted. Best use: Build up to 15 condo-hotel units. The income is based on realistic projections at 70% occupancy. Stop the owner TODAY as they too are now talking with architects. The current ask price will go up as development costs are incurred. There are currently 4 structures with 7 living units that will need to be demolished. New houses are going to be built across the street, which will add value to the area.
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