Property Description

This Solid block building directly across from the sugary sands of Sunset Beach, is a rare opportunity to own a four-unit property in the heart of the highly sought-after Sunset Beach neighborhood. Located directly across the street from Sunset Beach access, the property offers a location that consistently appeals to both long-term tenants and short-term renters. Sunset Beach is known for its quiet, walkable streets, limited inventory, and authentic coastal charm, making it one of the most desirable and tightly held areas along the Gulf Beaches.The property consists of four one-bedroom, one-bath units, all currently occupied by annual tenants and operated as unfurnished long-term rentals. Each unit is separately metered for electric, and the building includes shared laundry facilities, upstairs and downstairs patios, ample parking, and additional storage. As currently operated, the property provides steady income with an estimated cap rate of approximately 5%. For a buyer looking ahead, there is clear upside potential. Given its beachside location and layout, the highest and best use of the property is as a short-term or seasonal rental operation(1 month minimum 5 times per year), where projected returns could increase to approximately 7–9%(PRO FORMA AVAILABLE). This flexibility allows a new owner to enjoy reliable income today while maintaining the option to reposition the property in the future and take full advantage of its exceptional Sunset Beach location. Brand new coin operated landry offsets most of the common power and water for the building
*Bottom 2 units were flooded during Hurricane Helene and were remediated with permits. All zoning nd other material facts should be verified by the buyer an or their agent.
DO NOT DISTURB TENANTS

Launch 3D Virtual Tour

Opens in a new window

Included Appliances

Convection OvenDishwasherDryerMicrowaveRefrigeratorWasher

Property Details

Interior

Additional Rooms

Interior In-Law Suite w/No Private EntryStorage Rooms

Appliances

Convection OvenDishwasherDryerMicrowaveRefrigeratorWasher

Building Area Total

2871

Cooling

Central Air

Fireplace Features

Decorative

Flooring

Ceramic TileLuxury VinylHardwood

Furnished

Unfurnished

Heating

ElectricHeat Pump

Interior Features

Built-in FeaturesCeiling Fan(s)Walk-In Closet(s)

Laundry Features

Outside

Living Area

2871

Window Features

Double Pane WindowsENERGY STAR Qualified Windows

Construction

Building Area Source

Public Records

Building Area Units

Square Feet

Construction Materials

Block

Foundation Details

Slab

Living Area Source

Public Records

Living Area Units

Square Feet

Number Of Units Total

4

Roof

Shingle

Year Built

1947

Site & Exterior

Exterior Features

Awning(s)French DoorsLightingRain GuttersStorage

Flood Zone Code

VE

I D X Participation

Yes

Lot Features

City LotLandscapedNear Public Transit

Lot Size Acres

0.13

Lot Size Area

5502

Lot Size Square Feet

5502

Lot Size Units

Square Feet

Open Parking

Yes

Parking Features

GuestOpen

Patio And Porch Features

PatioRear Porch

Public Survey Range

15

Public Survey Section

36

Road Frontage Type

Street Paved

Road Responsibility

Public Maintained Road

Road Surface Type

Paved

Sewer

Public Sewer

Total Acreage

0 to less than 1/4

Utilities

BB/HS Internet AvailableElectricity Connected

Water Access

Yes

Water Source

Public

Zoning

M

Financials

Calculated List Price By Calculated Sq Ft

478.93

Contract Status Change Date

2026-01-16

Current Price

1375000

Feed Types

BBO

Lease Considered

Yes

Minimum Lease

1 Month

Owner Name

DOUGLAS P SIEMON LIVING TRUST DATED JULY 122016

Ownership

Fee Simple

Parcel Number

363115873900030031

Public Survey Township

31

Tax Annual Amount

13587

Tax Block

003

Tax Book Number

20/73

Tax Legal Description

SUNSET BEACH UNIT 1 BLK 3, PT OF LOTS 3 & 4 DESC BEG MOST S'LY COR OF LOT 4 TH N26DW 100FT TH N64DE

Tax Lot

0031

Tax Year

2025

Neighborhood & Lifestyle

Community & Association

Community Features

ParkPlayground

M L S Area Major

33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl

Pets Allowed

Yes

Subdivision Name

SUNSET BEACH

WalkScore™

Walk Score

Car-Dependent

18

Bike Score

Somewhat Bikeable

35

More details on WalkScore.com

Listing provided courtesy of STELLAR via IDX. Updated: Jun 29, 2026, 3:38pm.

8301 W GULF BOULEVARD

8301 W GULF BOULEVARD

Property Description

Property Details

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

WalkScore™

Shawn Dunn

$20

$200

Your Digital HQ

Growth Tools

$100 Voucher

8301 W GULF BOULEVARD

8301 W GULF BOULEVARD

Property Description

Property Details

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

WalkScore™

Shawn Dunn