Water Views
Address
11605 Gulf BOULEVARD #501, TREASURE ISLAND, FL
Price
$ 585,000
Property Attributes
- MLS#U8226605
- TypeCondos
- CountyPINELLAS
- CityTREASURE ISLAND
- AreaPass a Grille Bch-St Pete Bch-Treasure Isl
- NeighborhoodCrystal Palms Bch Resort At Treasure Island Condo
- Zip33706
- StyleContemporary
- Year Built2008
- Taxes$ 5897
- Price$ 585,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage914
- Lot Size1.16 Acres
Data Source:
Stellar MLS
Property Description
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!
| Price History | |
|---|---|
| 1/12/2024 | Listed $615,000 |
| 1/15/2024 | 5% - $585,000 |
General Features
| Interior Features | Built-in Features,Ceiling Fan(s),Living Room/Dining Room Combo,Primary Bedroom Main Floor,Open Floorplan,Split Bedroom,Thermostat |
|---|---|
| Sewer | Public Sewer |
| Heating | Electric,Heat Pump |
| Cooling | Central Air |
| Utilities | Cable Connected,Electricity Connected,Phone Available,Public,Sewer Connected,Sprinkler Recycled,Water Connected |
| Roof | Membrane |
| Appliances | Bar Fridge,Dishwasher,Disposal,Dryer,Electric Water Heater,Ice Maker,Microwave,Range,Refrigerator,Washer |
| Exterior Features | Balcony,Garden,Irrigation System,Lighting,Outdoor Grill,Sidewalk,Sliding Doors |
| HOA | 1540 |
| Association Fee Includes | Cable TV,Community Pool,Escrow Reserves Fund,Insurance,Internet,Maintenance Structure,Maintenance Grounds,Pool Maintenance,Sewer,Trash,Water |
| Patio/Porch Features | Covered,Patio,Rear Porch,Wrap Around |
| Architectural Style | Contemporary |
| Pool Features | Deck,Gunite,Heated,In Ground |
| Security Features | Key Card Entry,Smoke Detector(s) |
| Construction Materials | Block,Stucco |
| Pets Allowed | No |
| Year Built | 2008 |
| View | City,Pool,Water |
| Levels | One |
| Unit Number | 501 |
| Property SubType | Condo - Hotel |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Community Features | Pool |
| Assoc Fee Paid Per | Monthly |
| County | Pinellas |
| New Construction | No |
| Property Type | Residential |
| Association Amenities | Pool |
| HOA / Comm Assn | Yes |
| Subdivision Name | CRYSTAL PALMS BCH RESORT AT TREASURE ISLAND CONDO |
| Facing Direction | East |
| Garage Y/N | No |
| Total Rooms | 4 |
| Status | Active |
| Directions | Central Ave to 107th Ave. Right on Gulf Blvd. Right on 116th Ave. Left on 1st St E. Left into parking lot. |
| City | TREASURE ISLAND |
| Buyer Agent Compensation | 2%-$395 |
| Body of Water | Gulf Of Mexico |
| Senior Community Y/N | No |
| MLS Area | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl |
| Lot Size Square Feet | 50565 |
| Private Pool | Yes |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Gulf |
| Listing Terms | Cash,Conventional |
| Spa Features | Heated,In Ground |
| Tax Annual Amount | 5897.55 |
| Property Condition | Completed |
| Public Remarks | 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 an |
| Lease Considered Y/N | Yes |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/U8226605 |
| Days on Market | 91 |
| Standard Status | Active |
| Tax Lot | 5010 |
| Legal Description | CRYSTAL PALMS BEACH RESORT AT TREASURE ISLAND CONDO UNIT 501 |
| Water View | Gulf/Ocean - Full |
| Minimum Lease | 1-7 Days |
| Water Access Y/N | No |
| Monthly HOA Amount | 1540 |
| Water View Y/N | Yes |
Interior Features
| Flooring | Laminate |
|---|---|
| Furnished Y/N | Furnished |
| Total Stories | 6 |
| Common Walls | Corner Unit |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Window Features | Double Pane Windows,Impact Glass/Storm Windows,Window Treatments |
| Fireplace Y/N | No |
| Full Baths | 2 |
| Street Suffix | BOULEVARD |
| Laundry Features | Inside,Laundry Closet |
| Total Bedrooms | 2 |
| LivingAreaSource | Public Records |
| Total Baths | 2 |
| Living Area Units | Square Feet |
Exterior Features
| Fencing | Vinyl |
|---|---|
| Parking Features | Assigned,Covered,Ground Level,Guest,Off Street,On Street,Reserved,Under Building |
| Lot Features | FloodZone,City Lot,Landscaped,Near Public Transit,Sidewalk |
| Water Source | Public |
| Lot Size Area | 1.1608 |
| Foundation Details | Pillar/Post/Pier,Stilt/On Piling |
| Spa | Yes |
| Building Area Total | 914 |
| Lot Size Acres | 1.16 |
| Road Surface Type | Paved |
| Lot Size Units | Acres |
| Road Frontage Type | Street Paved |
| Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Condos Average in 33706
Price
Taxes
Visits
Year Built
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated Last updated on May 23, 2024 3:00 AM UTC The listing information on this page last changed on Last updated on May 23, 2024 3:00 AM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 23, 2024 3:00 AM UTC
