11605 GULF BOULEVARD #502

St Petersburg, FL 33706
$585,000
914 sqft | 2 beds | 2 baths | 1.16 acres | #TB8329499

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!
read more

  • Property Details
      • Interior:Ceiling Fans(s), Living Room/Dining Room Combo, Solid Surface Counters, Split Bedroom, Thermostat, Window Treatments
      • Bedrooms:2
      • Bathrooms:2
      • Full Baths:2
      • View:Pool, Water
      • Stories:6
      • Lot description:FloodZone, City Limits, Near Public Transit, Sidewalk, Paved
      • Exterior materials:Balcony, Lighting, Sidewalk, 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, Water Connected
      • Subdivision:CRYSTAL PALMS BCH RESORT AT TREASURE ISLAND CONDO
      • County:Pinellas
      • Original List Price:$585, 000
      • Days on Market (Cumulative):15
      • Taxes annual:$6, 714
      • Hoa fees:1540
      • MLS #:TB8329499
      • Cost:585000
      • Property subtype:Condo - Hotel
      • MLS #:TB8329499
      • Property condition:Completed

Location

Juan C. CarnicerReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00