10200 Gulf Blvd
Treasure Island, FL 33706 Treasure Island

Seacrest Advisors is pleased to present a rare direct beachfront development site on the Gulf of Mexico in Treasure Island, Florida. Situated on 15,777 SF (130 × 50 ft) with immediate Gulf frontage, this property sits at the heart of one of America's most celebrated beach destinations — just 30 minutes from Tampa International Airport and 20 minutes from downtown St. Petersburg's booming arts and dining district.

The site currently operates as a 7-unit hotel, apartment, and short-term rental property, generating immediate income while a buyer pursues entitlements or redevelopment. With Resort Facilities High (RFH-50) zoning and an RFH Future Land Use designation, the property supports a wide range of high-value uses:

Hotel, motel, or condo-hotel development
Short-term vacation rental complex (Tourist Dwellings explicitly permitted in RFH-50)
Luxury beachfront spec home or boutique condo
Resort accommodation development

Treasure Island's barrier island geography creates a permanently supply-constrained market — there is no new beachfront land. Pinellas County tourism taxes hit an all-time record in January 2025, and the Tampa Bay metro continues to rank among the fastest-growing markets in the United States. The 1-mile median home value around this property is $765,653, with average household incomes exceeding $133,000.
This is an exceptional opportunity for an out-of-market developer, investor, or owner-user seeking direct Gulf-front exposure in a proven, high-demand tourism corridor.