11605 GULF BOULEVARD #501

Treasure Island, FL 33706
$609,000
914 sqft | 2 beds | 2 baths | 1.16 acres | #TB8330560
For Sale

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!
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  • Property Details
      • Interior:Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Window Treatments
      • Bedrooms:2
      • Bathrooms:2
      • Full Baths:2
      • View:Pool, Water
      • Stories:6
      • Lot description:FloodZone, City Limits, Sidewalk
      • Exterior materials:Balcony, Irrigation System, Sliding Doors
      • Acres:1.16
      • Square Feet:914
      • Property type:Purchase
      • Year built:2008
      • Foundation:Pillar/Post/Pier
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights, Water Connected
      • Subdivision:CRYSTAL PALMS BCH RESORT AT TREASURE ISLAND CONDO
      • County:Pinellas
      • Original List Price:$609, 000
      • Days on Market (Cumulative):10
      • Taxes annual:$6, 714
      • Hoa fees:1285
      • MLS #:TB8330560
      • Cost:609000
      • Property subtype:Condo - Hotel
      • MLS #:TB8330560
      • Property condition:Completed

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IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Juan C. Carnicer

Last Updated: . Source: SMLS

Listing Courtesy
Listing Agent: Jill Helgren
Listing Office: COASTAL PROPERTIES GROUP

Juan C. CarnicerReal Estate Group
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6.0%

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2.6%
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    MIAMI ASSOCIATION OF REALTORS® 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 consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.

    IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Juan C. Carnicer