$3,300,000

Description

Development Opportunity - Beach Front Parcel! This exceptional Gulf-front parcel on Treasure Island offers a rare opportunity to develop a premier beachfront property with flexible Resort Facilities High (RFH-50) zoning. The ±15,777 SF lot provides direct access to sugar-sand beaches along the Gulf of Mexico and promises significant potential across multiple hospitality and residential uses. The site supports development concepts ranging from a branded boutique hotel or condo-hotel to luxury vacation rental complexes, spec homes, or a mixed-use resort integrating food & beverage with short-term lodging. Positioned within 30 minutes of Tampa International Airport and adjacent to the thriving St. Pete/Clearwater market, this destination benefits from robust tourist demand, with Pinellas County generating $3.1 billion annually in visitor spending and setting record-high tourism tax revenues in 2025. Treasure Island stands among the nation’s top-rated beach markets, offering an irreplaceable supply-constrained environment that underpins long-term appreciation. Whether designed for hospitality ROI or luxury residential demand, this beachfront development site combines access, visibility, and future-proof value. Currently the property is being operated as a STR.