Active

$700,000

Features:
  • 2 Bedrooms
  • 2 Bathrooms
  • 870 sq ft
Overview
  • ID: MFRTB8356236
  • Bedrooms: 2
  • Bathrooms: 2
  • Size: 870 sq ft
Property Details
Remarks
Elevate your lifestyle with this immaculately updated two-bedroom, two-bath condominium situated in the prestigious Sunset Vista Beachfront Resort, nestled on the pristine shores of Treasure Island. This third-floor oasis commands views of the Gulf of Mexico and boasts an impressive rental track record, emphasizing its appeal as a high-performing investment property. In 2021, it achieved $65,357 from 322 rental days, escalating to $72,556 from 315 days in 2022, and $77,192 from 300 days in 2023. Even in 2024, with partial closures, it garnered $73,969 over 275 days. The interior showcases luxury vinyl plank flooring, wood cabinetry, and premium quartz countertops, creating an ambiance of modern elegance. This turn-key unit comes fully furnished, allowing for immediate rental opportunities. Pride of ownership is evident. Each bedroom features flat-screen TVs and the living spaces are designed for maximum comfort and entertainment. The kitchen is a culinary haven with quartz countertops, a flush breakfast bar, and a dedicated dining space. Step outside to a world of leisure with a beachfront pool and spa, and a children's wading area complete with playful fountains. Additional luxuries include a tiki bar (currently being replaced), a casual dining café, and a fully equipped fitness center. Ownership includes a designated parking spot, enhancing convenience. The property is superbly located just a short walk from John's Pass, known for its vibrant shopping and dining experiences. Owner's may choose to utilize on-site management, off-site management or self manage. Perfect property for a 1031 exchange. Prospective buyers are encouraged to review IRS Publication 527 to understand the potential tax advantages of vacation rental ownership. This property is not just a vacation destination, but a lucrative investment and a slice of paradise. Arrange your visit today and start reaping the rewards of ownership at Sunset Vista Beachfront Resort.
Financial Considerations
Price:
$700,000
HOA Fee:
1150
Tax Amount:
$8308.65
Price per SqFt:
$804.6
Tax Legal Description:
SUNSET VISTAS CONDO HOTEL ON THE GULF CONDO UNIT 303-N
Exterior Features
Lot Size:
149842
Lot Features:
FloodZone, City Limits, Near Public Transit, Sidewalk, Paved
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
Assigned
Roof:
Other
Pool:
Yes
Pool Features:
Deck, Gunite, Heated, In Ground, Lighting, Tile
Interior Features
Bedrooms:
2
Bathrooms:
2
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Luxury Vinyl
Levels:
One
Additional Features
Property Sub Type:
Condo - Hotel
Style:
N/A
Year Built:
2006
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Irrigation System, Lighting, Sliding Doors
Additional Features 2:
N/A
Map
  • Address
    12000 GULF BLVD #303N
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