Active

$999,000

Features:
  • 2 Bedrooms
  • 2 Bathrooms
  • 1013 sq ft
Overview
  • ID: MFRTB8388320
  • Bedrooms: 2
  • Bathrooms: 2
  • Size: 1013 sq ft
Property Details
Remarks
UPPER CORNER UNIT!! With only one corner unit higher, Unit #513 is considered the 2nd best unit in the complex. Ocean Club is a Luxury Condo Resort Hotel ideally for snowbirds/limited users who only want to spend minimal time in the area but have the onsite Property Manager rent it out when not in use so there is no guilt not using it all the time for your personal use! Out of the 8 Ocean Club Room Categories, Unit #513 is 1 of 3 in the highest level, Luxury, which has the largest balcony and sf with an amazing view that overlooks the pool, beach, and gulf! The “Luxury” level excelled with pre/post hurricane occupancy rate of 91.20 / 90.50 respectively with the highest Average Daily Rate (ADR) of all Ocean Club levels yet the building is not even 2 years old! The Question is not will this unit Rent but at what ADR! With the Ocean Club receiving consistent high reviews and every year gaining more repeat customers with more market awareness the ADR is expected to continue upward for the years to come. Gulf front two bedroom/two bath turnkey suite with spacious private balcony with retractable sliding doors that give you picture perfect views of the Gulf and Treasure Island Beach! Kitchen and baths include custom cabinetry with quartz countertops while porcelain tile flooring is throughout the living area and luxury vinyl plank flooring in the bedrooms. Unit is fully furnished with stainless steel appliances, washer and dryer, furniture, linens, cookware, dishes, and décor. With the sleeper-sofa, you can have up to 6 guests to enjoy your stay! Amazing amenities offering rooftop lounge with fantastic views, full beach bar with finger food, heated pool and spa, fitness center, private beach lounge area including chairs, umbrellas, firepit, and a sand volleyball court, 24-hour concierge services, towel service, housekeeping, and 24-hour security. In front of the pool is the .85-mile Treasure Island boardwalk parallel to the beach that is perfect for soaking up the sun while walking to the nearby beach bars and restaurants when taking a break from the beach! Ocean Club is located in a prime location: walking distance to shops, restaurants, activities, and John’s Pass Village - the #1 tourist destination in the Clearwater/St. Petersburg area. Ocean Club offers a flexible rental program with an onsite management team which makes being an owner hassle free. Please review local and condo rental requirements. Ocean Club opened in October 2023 with all the required building codes implemented to minimize any future hurricane or flood damage. After 2 hurricanes in the fall of 2024, OceanClub had no building damage from either hurricane and only grounds damage from the first hurricane. While the bulk of beach condo hotels/hotels were closed or open on a limited basis for an extended time, Ocean Club was open under 5 weeks after the first hurricane! If you compare other beach condos to Unit #513, you will discover that they don’t have the total package that this condo does in terms of proven rental history, the numerous items unique to the Ocean Club/ #513, and the appreciation potential! Take a look at the condo yourself to see why #513 is a rare opportunity that doesn’t come on the market very often!
Financial Considerations
Price:
$999,000
HOA Fee:
1042
Tax Amount:
$11439.22
Price per SqFt:
$986.18
Tax Legal Description:
OCEAN CLUB TREASURE ISLAND, A RESORT CONDO UNIT 513
Exterior Features
Lot Size:
54850
Lot Features:
FloodZone
Waterfront:
No
Parking Spaces:
N/A
Parking:
Covered, Guest, Off Street, Open
Roof:
Other
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
2
Bathrooms:
2
Heating:
Electric
Cooling:
Central Air
Appliances:
Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Ceramic Tile, Vinyl
Levels:
One
Additional Features
Property Sub Type:
Condo - Hotel
Style:
N/A
Year Built:
2023
Construction Type:
Block
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Balcony
Additional Features 2:
Leasing of Units is permitted, provided that every lease, be it oral or written, shall be deemed to require that the lessee thereof be governed by and comply with the provisions of the Declaration and Exhibits thereto, and provided that the term of any
Map
  • Address
    11500 GULF BLVD #513
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