11605 GULF BLVD #501 new Save Request In-Person Tour Request Virtual Tour
Treasure Island,FL 33706
Key Details
Property Type Condo
Sub Type Condo - Hotel
Listing Status Active
Purchase Type For Sale
Square Footage 914 sqft
Price per Sqft $666
Subdivision Crystal Palms Bch Resort At Treasure Island Condo
MLS Listing ID TB8330560
Bedrooms 2
Full Baths 2
HOA Fees $1,285/mo
HOA Y/N Yes
Originating Board Stellar MLS
Year Built 2008
Annual Tax Amount $6,714
Lot Size 1.160 Acres
Acres 1.16
Property Description
Discover Coastal Bliss and Investment Potential at Crystal Palms Beach Resort. Experience the ultimate blend of coastal luxury and investment potential in this stunning two-bedroom, two-bathroom condo at Crystal Palms Beach Resort, nestled in the heart of Treasure Island, Florida. This fifth-floor gem offers sweeping views of the Gulf of Mexico from its coveted Southwest corner, perfectly captured by the expansive wrap-around balcony—ideal for sunset dining or simply unwinding with a coastal breeze. An investor's dream, this vacation rental property generated $57,862.94 in 2022, even with 55 nights reserved for personal use. In 2023, revenue reached $48,475 with an additional $13,800 potential income (owner stayed in unit 69 nights during peak season), showcasing the robust rental market. Already in 2024, the unit has earned $41,295 from January to July (80% occupancy). As seen on HGTV, this fully furnished unit is ready for immediate occupancy or a seamless entry into the vacation rental market. The modern kitchen boasts upgraded GE appliances, granite countertops, and an in-unit washer and dryer. Both bedrooms feature en-suite bathrooms, with the master bedroom offering balcony access and an additional vanity sink. Recent enhancements include fresh paint, new faucets, and highline toilets. Crystal Palms is more than just a place to stay—it's a destination. Enjoy the outdoor heated pool and spa, surrounded by lush tropical landscaping. Your vehicle is protected with assigned under-building parking. The building, lauded for its architecture, features storm-resistant doors and windows, ensuring peace of mind. With no minimum stay requirement and average bookings of six nights, this condo is a perfect blend of personal retreat and lucrative investment. Financing options are available, and potential buyers can benefit from Vacation Rental Tax Benefits as outlined in IRS Publication 527. Located minutes from two international airports, John's Pass Boardwalk, Downtown St. Pete, and major sports venues, this property offers convenience and excitement. Whether you're seeking a vacation home, an investment for a 1031 exchange, or both, Unit 501 at Crystal Palms Beach Resort is a rare opportunity. Schedule your private showing today and start living the beachside dream while enjoying financial rewards!
Location
State FL
County Pinellas
Community Crystal Palms Bch Resort At Treasure Island Condo
Interior
Interior Features Ceiling Fans(s),Living Room/Dining Room Combo,Open Floorplan,Solid Surface Counters,Split Bedroom,Window Treatments
Heating Central,Electric
Cooling Central Air
Flooring Laminate
Furnishings Furnished
Fireplace false
Appliance Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Range,Washer
Laundry Inside,Laundry Closet
Exterior
Exterior Feature Balcony,Irrigation System,Sliding Doors
Parking Features Driveway,Ground Level,Under Building
Pool Gunite,Heated,In Ground,Lighting,Tile
Community Features Pool
Utilities Available Cable Connected,Electricity Connected,Phone Available,Public,Sewer Connected,Street Lights,Water Connected
Amenities Available Pool,Spa/Hot Tub
View Y/N Yes
View Pool,Water
Roof Type Membrane
Porch Deck
Garage false
Private Pool Yes
Building
Lot Description FloodZone,City Limits,Sidewalk
Story 6
Entry Level One
Foundation Pillar/Post/Pier
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Structure Type Block,Stucco
New Construction false
Others
Pets Allowed No
HOA Fee Include Cable TV,Escrow Reserves Fund,Insurance,Internet,Maintenance Structure,Maintenance Grounds,Maintenance,Pool,Sewer,Trash,Water
Senior Community No
Ownership Fee Simple
Monthly Total Fees $1,285
Acceptable Financing Cash,Conventional
Membership Fee Required Required
Listing Terms Cash,Conventional
Special Listing Condition None