Active

$585,000

Features:
  • 2 Bedrooms
  • 2 Bathrooms
  • 914 sq ft
Overview
  • ID: MFRTB8329499
  • Bedrooms: 2
  • Bathrooms: 2
  • Size: 914 sq ft
Property Details
Remarks
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!
Financial Considerations
Price:
$585,000
HOA Fee:
1285
Tax Amount:
$6714.96
Price per SqFt:
$640.04
Tax Legal Description:
CRYSTAL PALMS BEACH RESORT AT TREASURE ISLAND CONDO UNIT 502
Exterior Features
Lot Size:
50565
Lot Features:
FloodZone, City Limits, Near Public Transit, Sidewalk, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Circular Driveway, Ground Level, Guest, Off Street, Reserved, Under Building
Roof:
Membrane
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, Trash Compactor, Washer
Furnished:
Yes
Floor:
Laminate
Levels:
One
Additional Features
Property Sub Type:
Condo - Hotel
Style:
N/A
Year Built:
2008
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Lighting, Sidewalk, Sliding Doors
Additional Features 2:
N/A
Map
  • Address
    11605 GULF BLVD #502
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