What is the Asking Price?

The current asking price for this property is $585,000. Please contact me here for further details about this property.

What are the Property's Features?

This home features : 6 stories, 2 beds, 2 baths, 914 sqft, 1.16 acres lot, private pool, spa, water view, built in 2008, 44 pictures.

Where is the property located?

Property is located at 11605 GULF BLVD #501, TREASURE ISLAND, FL, US. You can view this listing on our map here .

Treasure Island condo - hotel for sale - 11605 Gulf Blvd #501,FL 33706

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11605 GULF BLVD #501, TREASURE ISLAND, 33706

$585,000
Price changed 04/12/2024 from $600,000, -2.5%
2 Beds, 2 Baths , 914 Sq.Ft
County: Pinellas
Subdivision: CRYSTAL PALMS BCH RESORT AT TREASURE ISLAND CONDO

Property highlights

MLS#: U8226605
50,565.00 lot size Sq.Ft.
Year built: 2008
Floor: 5
Pool: Private pool Community pool

Listed: 01/12/2024
Taxes: $5,897.55
HOA fees (monthly): $1,540.00
Average Monthly Fees (not including CDD, if any): $1,540.00
Maintenance fee includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pool, Sewer, Trash and Water
Building Name: CRYSTAL PALMS
Virtual Tour

Property Overview

Introducing an exceptional vacation rental property on the market: boasting an impressive $57,862.94 in rental revenue for 2022. The current owner strategically reserved 55 nights for personal use and an additional 11 nights for maintenance, potentially unlocking an extra $13,200 in annual income. As featured on Beachfront Bargain Hunt for its outstanding value, Crystal Palms Beach Resort offers a two-bedroom, two-bathroom fifth-floor unit with a captivating Southwest corner position, providing a breathtaking view of the Gulf of Mexico. The expansive wrap-around balcony, perfect for lounging and al fresco dining, elevates the experience of enjoying the sunset. Crystal Palms welcomes short-term rentals, making this property an ideal choice for those seeking a contemporary beach retreat with a lucrative rental income. The unit is being sold fully furnished, allowing for immediate occupancy upon closing or seamless integration into the vacation rental market. The kitchen boasts luxury with updated GE appliances, granite countertops, and an in-unit washer and dryer. This unit is equipped with three flat-screen TVs, balcony access from both the living room and master bedroom, and an owner's closet for personal items. The master bedroom features a king bed, an en-suite bathroom, and an additional vanity sink, while the second bedroom is also en-suite with access from the living area. Recent upgrades include fresh paint, new faucets, and tall highline toilets. The building itself, recognized with architectural awards, comes with storm doors and windows. Enjoy the outdoor heated pool and spa surrounded by lush tropical landscaping, and benefit from the convenience of an assigned parking space under the building. With a minimum one-night rental requirement (though the average stay is six nights), owners can use the unit for up to 90 days annually. Financing options are available, and potential buyers are encouraged to explore Vacation Rental Tax Benefits outlined in IRS Publication 527. Situated close to two international airports, John's Pass Boardwalk, Downtown St. Pete, and major sports venues, this property is not just a great vacation rental but also an ideal investment for those considering a 1031 exchange. Book your exclusive showing appointment today and step into a lifestyle where beach living meets financial gain!

Driving directions : Central Ave to 107th Ave. Right on Gulf Blvd. Right on 116th Ave. Left on 1st St E. Left into parking lot.

Property Features

Rooms	Dimension	Description
Kitchen	12x11	First level , Laminate , Breakfast Bar
Living Room	16x12	First level , Laminate , Ceiling Fan(s)
Primary Bedroom	14x12	First level , Laminate , Ceiling Fan(s) , Dual Sinks , En Suite Bathroom
Bedroom 2	12x10	First level , Laminate , En Suite Bathroom

Interior Features

Built-in Features
Ceiling Fans(s)
Living Room/Dining Room Combo
Primary Bedroom Main Floor
Open Floorplan
Split Bedroom
Thermostat

Appliances

Bar Fridge
Dishwasher
Disposal
Dryer
Electric Water Heater
Ice Maker
Microwave
Range
Refrigerator
Washer

Heating

Electric
Heat Pump

Laundry features

Inside
Laundry Closet

Air Conditioning

Central Air

Floor Covering

Laminate

Utilities

Cable Connected
Electricity Connected
Phone Available
Public
Sewer Connected
Sprinkler Recycled
Water Connected

Exterior features

Balcony
Garden
Irrigation System
Lighting
Outdoor Grill
Sidewalk
Sliding Doors

Pool features

Deck
Gunite
Heated
In Ground

Parking features

Assigned
Covered
Ground Level
Guest
Off Street
On Street
Reserved
Under Building

View

City
Pool
Water

Patio and porch features

Covered
Patio
Rear Porch
Wrap Around

Architectural Style

Contemporary

Community Features

Pool

Association Amenities

Pool

Security Features

Key Card Entry
Smoke Detector(s)

Construction Materials

Block
Stucco

Road Surface Type

Paved

Property Condition

Completed

Roof

Membrane

Foundation

Pillar/Post/Pier
Stilt/On Piling

Vegetation

Mature Landscaping

Lot Features

FloodZone
City Limits
Landscaped
Near Public Transit
Sidewalk
Paved

Listing information courtesy of COASTAL PROPERTIES GROUP

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