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Pre-ConstructionNew Construction$400,000 price cut

10126 Gulf Boulevard Unit Ph2New Construction Home in Treasure Island, FL

Treasure Island, FL 33706 · Pinellas County

$4,500,000

$4,900,000

$1121/sq ft

5 Beds5 Baths4,013 sq ft3-Car GarageBuilt 2025Waterfront

Photos of 10126 Gulf Boulevard Unit Ph2

10126 Gulf Boulevard Unit Ph2, Treasure Island, photo 1 of 301 / 30

Who is building this home?

This home is listed as built by GSA Contracting Inc., floor plan Pearl. Builder quality, warranty responsiveness, and willingness to fix punch-list items vary enormously between companies in Tampa Bay.

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About this home

One or more photo(s) has been virtually staged. Pre-Construction. To be built. Pre-Construction. Coming in 2026. Brilliantly conceived and painstakingly-designed to precision extravagance and detail. Discover the pinnacle of luxury beachfront living through this astonishing 5 bedroom, 5 bath penthouse estate residence. Sumptuous coastal cosmopolitan themes blend seamlessly with the powder-soft white sands of Treasure Island and the azure blue waters of the Gulf of Mexico. Richly integrated materials, gorgeous contours with maximum complementary focus on the beach/Gulf, and stunning minimalist concepts deliver an unforgettable and uniquely beautiful waterfront living experience. Step inside to a spectacular great room plan with a dazzling 9ft full-height, 25ft-wide wall of glass that completely opens to a remarkable 64ft-wide (928sqft total) covered, oceanfront balcony. Balcony provides highly-flexible seating, dining and entertainment configurations while promising magnificent, unobstructed panoramic views of the Gulf, day and night. The posh gourmet kitchen, with a design and motif perfectly balanced for everyday living, feels like a contemporary work of art. Cove/Subzero/Wolf appliances, hidden butler’s pantry, waterfall counters and lavish cabinetry supply symmetry, form and function - to any chef’s great culinary delight. Not to be outdone, the elegant glass wine room enclosure is a place of pride and satisfaction, if not perhaps, just a little temptation. Opening to the balcony, the owner’s suite assures commanding views of the beach & Gulf. Awaken to an owner’s bath that is an indulging, pampering retreat with exquisite custom tilework, large dual vanities, frameless glass rain shower enclosure and rich soaking tub. All bedrooms are en suite with fine walk-in closets & lushly-appointed baths. You will appreciate the oversized laundry, tankless hot water heating, custom tray/designer wood ceilings, radiant lighting and full-height fold-away sliding glass doors and a penthouse that comprises the entire floor! Property features key fob elevator access, three deeded interior parking spaces, guest parking, dedicated dog run, outdoor heated pool & spa, and common patio fire pit space. There are beachfront condominiums and there are beachfront homes, but there is only one “Pearl.” A place where elegance is reimagined. The Pearl, the most iconic beachfront penthouse in all of Tampa Bay. Within short walking distance of dining/shopping/entertainment, and an easy drive to downtown St. Petersburg and Tampa International Airport.

Home details and costs

MLS number
TB8306933
Property type
Condominium
Build stage
Pre-Construction
Builder
GSA Contracting Inc.
Floor plan
Pearl
Heated square feet
4,013 sq ft
Total under roof
4,941 sq ft
Stories
1 Story
Lot size
0.30 acres
Subdivision
Pearl
HOA fee
$2,870/mo
Annual property tax
$37,206 (current assessment)
Days on market
741 days

Heads up on that tax figure. On new construction, the number in the MLS is often the tax on the bare lot, not the finished home. Expect it to jump once the county reassesses with the house on it. How Florida reassesses new builds

What would this home actually cost per month?

Pre-filled with this listing's price and HOA. Adjust anything to match your situation.

Estimated monthly payment

$37,098

$450,000 down (10%) on a $4,050,000 loan

Principal and interest
$25,599
Property tax (estimated)
$6,675
Homeowners insurance
$267
HOA
$2,870
PMI (under 20% down)
$1,688

CDD defaults to zero, and that is often wrong.Many Tampa Bay new-construction communities carry a Community Development District assessment of roughly $1,500 to $3,000 a year on top of HOA, and it is rarely included in a builder's payment estimate. Ask whether this address is in a CDD before you budget.

The tax figure in the MLS looks like a bare-lot assessment. It lists $37,206 a year, while taxing this purchase price works out closer to $80,100. On new construction the county reassesses once the house is finished, so budget from the higher number.

Estimates only. Actual taxes, insurance, and assessments vary by address and change year to year.

Get the real numbers on this home

What is negotiable on this home?

This listing shows real leverage signals. Here is what its own numbers say.

  • On the market 741 daysStrong signal

    Past six months on a finished home means the builder has been carrying taxes, insurance, and interest on it the whole time. That cost is real and it is why concessions get easier the longer a home sits.

  • Reduced $400,000 (8%)Strong signal

    Originally listed at $4,900,000. A builder that has already cut once has acknowledged the first number did not work. That is a different conversation than one who has never moved.

  • Pre-constructionContext

    Nothing is built yet, so there are no carrying costs pressuring the builder. The trade is that you get design-center control and first pick of lots instead.

Where builders actually give

Rarely on the published base price. It sets the comp for every unsold home behind this one, and protecting it protects their appraisals. The real room is in closing cost credits, interest rate buydowns, and upgrades moved into the base. Asking for the right one in the right order is most of the job.

Ask Barrett what this builder will move on

Assigned schools

Elementary
Azalea Elementary-PN
Middle
Azalea Middle-PN
High
Boca Ciega High-PN

School assignments come from the MLS and change. Confirm directly with the district before relying on them.

Other new construction homes in Treasure Island

Listed by Century 21 Jim White & Assoc. Listing data provided courtesy of Stellar MLS via Bridge Interactive. Information is deemed reliable but not guaranteed and is provided for consumers' personal, non-commercial use. 10126 Gulf Boulevard Unit Ph2, Treasure Island, FL 33706 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.

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