An 11-Unit Beach Retreat Hits the Market in Treasure Island

Shebastian Burley, Realtor®
CENTURY 21 BE3 · Tampa Bay

Some properties are homes. This one is a business, a lifestyle, and a piece of Gulf Coast legacy in a single address: 11965 Gulf Blvd, Treasure Island - an operating 11-unit boutique beach retreat, now asking $3,900,000.
What exactly is this?
Eleven rentable units wrapped around a heated pool courtyard, with an on-site office and 4,747 heated square feet - steps from the Gulf on Treasure Island's main drag. Per the listing, the operation carries strong booking numbers continuing into 2026, real proof of demand in one of Florida's most visited beach towns. The interiors are clean, coastal, and updated.

Why investors should look hard at this one
Income properties of this size almost never trade on Treasure Island - the location and the established guest operation are the moat. Whether you're an experienced hospitality operator or a family looking to run a slice of paradise, you're buying an income stream that already exists, not a projection on a spreadsheet.
And here's the financing angle most buyers don't know: DSCR loans. Qualification is based on the property's income covering its payment - not your W-2s. With roughly 20% down, investors may qualify for a property that effectively pays for itself. I work with a lender who specializes in exactly these deals. (Programs vary; terms confirmed with a licensed lender.)

Meet the listing agent

This one is listed by Veronica Sierra, Realtor® with CENTURY 21 Beggins - a Madeira Beach-based agent who knows the Gulf beaches market street by street. I'm proud to feature her listing here; we work these beach towns together, and serious buyers get a direct line to both of us.
The details
- Price: $3,900,000
- Type: Multi-Family, 11 units + on-site office
- Size: 4,747 heated sq ft · built 1954 · heated pool
- Where: 11965 Gulf Blvd, Treasure Island, FL 33706
- MLS #: TB8523225 · Listed by Veronica Sierra, CENTURY 21 Beggins
See the full listing page → - or text me and I'll connect you directly for financials and a private tour.
*Details from Stellar MLS, deemed reliable but not guaranteed - buyer to verify.*
