- 14 beds
- 14 baths
- 4,660 sqft
- ~1/2 acre lot
- $804 per sqft
- 1949 build
- – on site
SELLER FINANCING AVAILABLE! Welcome to the Blue Waters, your perfect beachfront escape vacation rental hotel. Nestled along the stunning Gulf of Mexico, this hotel offers guests an idyllic retreat filled with sun, sand, and endless activities. Situated in the heart of Treasure Island, Blue Waters places you just steps away from pristine white sandy beaches and crystal-clear waters. With 13 units spread out across 13 parcels and already set up as condos, the opportunities abound. The units range from studios, one bedrooms and two bedroom to appeal to all travelers. Renovate and continue operating as a daily rental hotel or explore the future use with the approved six unit townhomes with Gulf views. The units are spread across six cottages and a larger inn building. Ample off street parking makes running this hotel on Sunset Beach a breeze, a rarity for this area. All units feature a kitchenette. The outdoor courtyard area with pool is a highlight of the Blue Waters, where guests can unwind in a serene setting, go for a refreshing dip, lounge under the Florida sun or enjoy barbecues and outdoor dining options, making it easy to savor delicious meals in the warm coastal air. A laundry room is also on site. This property appeals to guests who are looking to relax under the sun and explore the vibrant local scene. The prime location provides easy access to water sports, dining, and shopping. Activities such as paddle boarding, parasailing, and jet skiing are close by on both St Pete Beach and Treasure Island. The beach is just steps across the street with beach views available from the property most days. The hotel sustained water intrusion from Hurricane Helene. SELLER FINANCING IS AVAILABLE ON PURCHASE AND REPAIR COSTS! Additional information upon request. Located in the St Petersburg / Tampa metro area. Serviced by Tampa International Airport, St Pete Clearwater International Airport and Sarasota Bradenton International Airport.
Last checked:
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Last updated Jun 12, 2025
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MLS# TB8392008 —
The Building
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Year Built:1949
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New Construction:false
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Construction Materials:Block
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Roof:Tile
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Foundation Details:Slab
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# of Buildings:7
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Building Area Total:4660
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Interior Features:Ceiling Fan(s)
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Fireplace:false
Room Dimensions
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Living Area:4660
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:From Gulf Blvd travel S toward Sunset Beach. Turn right onto W Gulf Blvd. Follow down to corner of 81st - the property on left.
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Latitude:27.745191
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Longitude:-82.759453
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Coordinates:-82.759453, 27.745191
The Property
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Parcel Number:363115094180000001
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Property Type:Residential Income
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Property Subtype:Multi Family
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Lot Features:Corner Lot
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Lot Size Acres:0.45
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Lot Size Area:19450
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Lot Size SqFt:19450
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Lot Size Dimensions:100 x 195
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Lot Size Units:Square Feet
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Total Acres:1/4 to less than 1/2
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View:Water
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View:true
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Exterior Features:Courtyard
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Water Source:Public
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Road Surface Type:Asphalt
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Flood Zone Code:VE
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Additional Parcels:true
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Additional Parcels Description:36-31-15-09418-000-0010, 36-31-15-09418-000-0020, 36-31-15-09418-000-0030, 36-31-15-09418-000-0040, 36-31-15-09418-000-0050, 36-31-15-09418-000-0060, 36-31-15-09418-000-0070, 36-31-15-09418-000-0080, 36-31-15-09418-000-0090, 36-31-15-09418-000-0100, 36-31
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Homestead:false
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Lease Restrictions:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (727) 459-5543
- Office phone:
- (727) 394-7365
Taxes
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Tax Year:2024
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Tax Lot:001
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Tax Legal Description:BLUE WATERS, THE CONDO APT 1, BLUE WATERS, THE CONDO APT 2, BLUE WATERS, THE CONDO APT 3, BLUE WATERS, THE CONDO APT 4, BLUE WATERS, THE CONDO APT 5, BLUE WATERS, THE CONDO APT 6, BLUE WATERS, THE CONDO APT 7, BLUE WATERS, THE CONDO APT 8, BLUE WATERS, THE CONDO APT 9, BLUE WATERS, THE CONDO APT 10, BLUE WATERS, THE CONDO APT 11, BLUE WATERS, THE CONDO APT 12, BLUE WATERS, THE CONDO APT 14, BLUE WATERS, THE CONDO (COMMON ELEMENTS)
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Tax Book Number:41-74
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Tax Annual Amount:$61,706
Beds
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Bedrooms Total:14
Baths
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Total Baths:14
The Listing
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Virtual Tour URL Unbranded:https://realestate.febreframeworks.com/videos/01972339-5541-717c-adc4-058cf5b338a4
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Cable Available
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Sewer:Public Sewer
Appliances
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Laundry Features:Common Area
The Community
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Subdivision Name:BLUE WATERS THE CONDO
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Senior Community:false
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Waterview:false
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Water Access:Beach
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Water Access:true
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Waterfront:false
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Spa:false
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Pool Private:true
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Pool Features:Gunite
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Pets Allowed:Cats OK
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Association:false
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Ownership:Fee Simple
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Association Approval Required:false
Parking
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Garage:false
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Carport:false
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Parking Features:Off Street
Extra Units
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# of Units Total:13
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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6/12/25
Jun 12, 2025
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Pending | STELLAR_MLS | $3,750,000 | |
6/4/25
Jun 4, 2025
|
Listed / Active | STELLAR_MLS | $3,750,000 | -12.8% (-3.7% / YR) |
12/17/21
Dec 17, 2021
|
STELLAR_MLS | $4,300,000 | 14.7% |