11605 GULF BLVD #502 Active

St Petersburg,FL 33706

$ 585000

2 Beds

2 Baths

914 SqFt


Key Details

Property Type Condo

Sub Type Condo - Hotel

Listing Status Active

Purchase Type For Sale

Square Footage 914 sqft

Price per Sqft $640

Subdivision Crystal Palms Bch Resort At Treasure Island Condo

MLS Listing ID TB8329499

Bedrooms 2

Full Baths 2

HOA Fees $1,540/mo

Year Built 2008

Annual Tax Amount $6,714

Lot Size 1.160 Acres

Property Description

Experience the Allure of Treasure Island at Crystal Palms Beach Resort! Introducing Unit 502—a picturesque two-bedroom, two-bathroom condominium situated on the fifth floor of the renowned Crystal Palms Beach Resort. Revel in the tranquil views of the Gulf of Mexico from the comfort of your private, covered balcony, an idyllic setting for morning coffees or evening cocktails. This unit not only serves as a serene retreat but also stands as a proven revenue generator with a robust rental income of $56,405 in 2023, making it a prime choice for investors or those exploring a 1031 exchange. This turnkey property is fully equipped and beautifully furnished, featuring a contemporary kitchen with stainless steel GE appliances, sleek granite countertops, and all the essentials, including an in-unit washer and dryer. Both bedrooms boast updated en-suite bathrooms, providing privacy and convenience. The master bedroom offers the luxury of direct balcony access and includes an extra vanity sink for added comfort. The amenities at Crystal Palms Beach Resort are designed to enhance your stay. Take a dip in the heated outdoor pool or unwind in the spa, all set against a backdrop of exquisite tropical landscaping. Benefit from assigned under-building parking that keeps your vehicle secure and the building's storm-resistant features that ensure your safety. With no restrictions on rental durations, this condo provides exceptional versatility and consistently high demand. Start your own business and air bnb this unit yourself or use one of multiple management companies available to manage it for you. Explore financing options and take advantage of potential tax benefits for vacation rentals as detailed in IRS Publication 527. Located just moments away from John's Pass Boardwalk, downtown St. Petersburg, and multiple sports venues, this condo offers both accessibility and entertainment. Unit 502 at Crystal Palms Beach Resort is a unique opportunity to own a piece of Florida's paradise while capitalizing on its financial potential. Arrange your private showing now and embark on a journey of both personal enjoyment and financial benefit!

Location

State FL

County Pinellas

Community Crystal Palms Bch Resort At Treasure Island Condo

Interior

Heating Central,Electric

Cooling Central Air

Flooring Laminate

Laundry Inside,Laundry Closet

Exterior

Exterior Feature Balcony,Lighting,Sidewalk,Sliding Doors

Parking Features Circular Driveway,Ground Level,Guest,Off Street,Reserved,Under Building

Pool Deck,Gunite,Heated,In Ground,Lighting,Tile

Community Features Pool

Utilities Available Cable Connected,Electricity Connected,Phone Available,Public,Sewer Connected,Water Connected

View Y/N Yes

View Pool,Water

Roof Type Membrane

Building

Lot Description FloodZone,City Limits,Near Public Transit,Sidewalk,Paved

Story 6

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Others

Monthly Total Fees $1,540

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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