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Dowling Hotels Sells Sands of Treasure Island Motel

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Pride Enterprises purchased the 34-room Sands of Treasure Island hotel at 11800 Gulf Blvd. in Treasure Island, FL from Dowling Hotels, Inc. for $ 5.25 million, or about $ 154,000 per room. Totaling 22,598 square feet, it was constructed in 1947 in the South Pinellas submarket. The motel will be extensively renovated. The transaction included an ancillary parking lot at 1st Street. Gardner Cole of Century 21 Jim White & Associates represented…
Tampa/St. Petersburg Commercial Real Estate News From CoStar Group

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