Seller's Agent in 2022
Evan Pedone
ENGEL & VOLKERS MADEIRA BEACH
(727) 459-5543
8 in this area
33 Total Sales
7925 W Gulf Blvd Treasure Island, FL 33706
2
Beds
7
Baths
6,594
Sq Ft
0.42
Acres
Highlights
- Public Boat Ramp
- Beach View
- Public Beach
- Boca Ciega High School Rated A-
- Water access To Gulf or Ocean To Bay
- Fishing
About This Home
As of March 2022Ranked as the #1 hotel in Treasure Island on Trip Advisor, this unique beach vacation rental complex is located just a few steps away from stunning Sunset Beach. This turn-key licensed motel is zoned for daily rentals with 13 units in total. Both the inn rooms and cottages offer luxurious finishes with newly renovated bathrooms & furnishings. This mid-century inn offers 6 inn rooms all with beautiful refinished terrazzo flooring and kitchenettes. Inn rooms 1 and 2 as well as 5 and 6 share an adjoining door and can be converted into a 2 bedroom/2 bath. A second story penthouse suite (The Lookout) is sure to impress with its breathtaking views of the Gulf of Mexico. This large rental has panoramic views of the surf as far as the eye can see on the private upper deck, a king size bedroom, large full kitchen and living room that serves as a second bedroom. Across the courtyard you will find 6 more rentals, a duplex and 4 cottages all with unique names and colors to match the theme. All cottages offer a separate bedroom and livingroom space with full kitchen, granite countertops and brand new retro fridges. The Tandem One & Tandem Two Cottages (duplex named after the owners love for cycling with a bicycle theme inside) offers two one-bedroom, one bath units, a shared courtyard with lush landscaping, gas grills, patio furnishings, tuscan lighting and a tropical outdoor shower. Across the shared courtyard, you will find the other cottages, two one-bedroom one-bath cottages (Vino & Sunkissed), one two-bedroom one-bath (MacDill Cottage) and one two-bedroom two-bath cottages (Stones Throw Cottage). The MacDill & Sunkissed Cottages were barged over from MacDill Air Force Base and were former officer’s quarters prior to finding their home on Sunset Beach after WW2. All cottages offer full kitchens with living/dining areas, flatscreen TVs, and WiFi for guests throughout the property. Each inn room & cottage offers a dedicated off street parking spot. The office at the front of the Inn is available to meet guests and offers extra storage and laundry. There is also a separate laundry area for guests and additional storage for beach chairs, umbrellas, and kids' sand toys. Guests love the few steps to the beach, unobstructed Gulf breezes, stunning sunsets and the Sunset Beach time vibe!
Last Agent to Sell the Property
ENGEL & VOLKERS MADEIRA BEACH License #3370730 Listed on: 10/08/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,184
Year Built
- Built in 1955
Lot Details
- 0.42 Acre Lot
- Lot Dimensions are 80x98
- Public Beach
- Level Lot
- Additional Parcels
Property Views
- Beach
- Partial Bay or Harbor
Home Design
- Bi-Level Home
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Built-Up Roof
- Block Exterior
Interior Spaces
- 6,594 Sq Ft Home
- Open Floorplan
- Furnished
- Ceiling Fan
- Window Treatments
- Combination Dining and Living Room
- Den
- Storage Room
Kitchen
- Eat-In Kitchen
- Cooktop
- Microwave
- Freezer
- Stone Countertops
- Solid Wood Cabinet
Flooring
- Laminate
- Terrazzo
- Vinyl
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Security Lights
- Closed Circuit Camera
- Fire and Smoke Detector
Parking
- Covered Parking
- Ground Level Parking
- Guest Parking
- Off-Street Parking
- Assigned Parking
Eco-Friendly Details
- Reclaimed Water Irrigation System
- Gray Water System
Outdoor Features
- Outdoor Shower
- Water access To Gulf or Ocean To Bay
- Balcony
- Patio
- Exterior Lighting
- Outdoor Storage
- Outdoor Grill
- Rain Gutters
- Front Porch
Location
- Flood Zone Lot
- Flood Insurance May Be Required
- City Lot
Utilities
- Mini Split Air Conditioners
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
- Phone Available
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 34
- Assessor Parcel Number 36-31-15-68283-000-0340
Community Details
Overview
- No Home Owners Association
- 13 Units
- 8,111 Sq Ft Building
- Penguin Cabana Sub Subdivision
Recreation
- Public Boat Ramp
- Boat Ramp
- Community Playground
- Fishing
- Park
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 8, 2021
Closed on
Mar 1, 2022
Sold by
Mlds Llc
Bought by
Vrehv Sunset Inn Llc
Seller's Agent
Evan Pedone
ENGEL & VOLKERS MADEIRA BEACH
Buyer's Agent
Evan Pedone
ENGEL & VOLKERS MADEIRA BEACH
List Price
$5,500,000
Sold Price
$5,500,000
Purchase Details
Closed on
Jan 9, 2015
Sold by
Ritter Daniel G
Bought by
Mlds Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vrehv Sunset Inn Llc | $4,160,000 | Barcley Robert D | |
| Mlds Llc | $1,075,000 | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/01/2022 03/01/22 | Sold | $5,500,000 | 0.0% | $834 / Sq Ft |
| 11/29/2021 11/29/21 | Pending | -- | -- | -- |
| 10/27/2021 10/27/21 | For Sale | $5,500,000 | 0.0% | $834 / Sq Ft |
| 10/13/2021 10/13/21 | Pending | -- | -- | -- |
| 10/08/2021 10/08/21 | For Sale | $5,500,000 | -- | $834 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $18,100 | $950,000 | $824,477 | $125,523 |
| 2023 | $18,100 | $1,100,000 | $993,125 | $106,875 |
| 2022 | $14,709 | $1,100,000 | $1,001,767 | $98,233 |
| 2021 | $12,184 | $700,000 | $0 | $0 |
| 2020 | $11,109 | $635,000 | $0 | $0 |
| 2019 | $10,709 | $623,000 | $550,460 | $72,540 |
| 2018 | $9,855 | $585,000 | $0 | $0 |
| 2017 | $9,126 | $540,000 | $0 | $0 |
| 2016 | $8,133 | $448,000 | $0 | $0 |
| 2015 | $8,822 | $493,100 | $0 | $0 |
| 2014 | $7,966 | $436,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Evan Pedone
-
Ashley Pedone
Seller Co-Listing Agent in 2022
Ashley Pedone
ENGEL & VOLKERS MADEIRA BEACH
(727) 394-7365
7 in this area
24 Total Sales
Map
Source: Stellar MLS
MLS Number: U8139396
APN: 36-31-15-68283-000-0340
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
Nearby Homes
- 44 77th Ave
- 8000 Bayshore Dr
- 7777 Bayshore Dr
- 7600 Bayshore Dr Unit 307
- 8105 W Gulf Blvd
- 7564 Bayshore Dr Unit 202
- 7564 Bayshore Dr Unit 207
- 8200 Bayshore Dr Unit 9
- 8080 Coquina Way
- 7532 Bayshore Dr Unit 205
- 8011 Coquina Way
- 625 80th Ave
- 540 80th Ave
- 631 77th Ave
- 644 77th Ave
- 624 77th Ave
- 601 77th Ave
- 8075 Gulf Blvd
- 8405 Bayshore Dr
- 504 79th Ave
- 24 80th Ave
- 28 80th Ave
- 18 80th Terrace
- 37 80th Terrace
- 21 80th Ave
- 33 80th Ave
- 22 80th Ave
- 23 Avenue
- 19 80th Terrace
- 7901 W Gulf Blvd Unit A
- 7901 W Gulf Blvd Unit B
- 7901 W Gulf Blvd
- 7901 Gulf Blvd
- 23 80th Ave
- 0 80th Ave
- 25 79th Terrace
- 25 80th Terrace
- 26 79th Terrace
- 26 79th Terrace Unit 3
- 26 79th Terrace