Active

$575,000

Features:
  • 1 Bedrooms
  • 1 Bathrooms
  • 568 sq ft
Overview
  • ID: MFRTB8362959
  • Bedrooms: 1
  • Bathrooms: 1
  • Size: 568 sq ft
Property Details
Remarks
Gulf-Front Getaway with High Rental Potential! Welcome to your beachfront retreat—where breathtaking Gulf views, powder-soft sand, and strong rental income come together in perfect harmony! This direct beachfront, fifth floor, stylish 1-bedroom, 1-bathroom condo at South Beach Condo-Hotel is an investor’s dream and a beach lover’s paradise. Built in 2001, this prime vacation property has no minimum rental restrictions, allowing for nightly rentals and flexible owner use. Whether you choose to self-manage or utilize on site rental service, this unit has a proven income track record. In 2023 this unit had $57,353.00 in rental revenue (10 night owner stay in March) and in 2024 an impressive $48,340.00 with 2 weeks of owners stay in winter and temporary closure after the storms. Step inside to find a bright, open-concept floor plan featuring impact-rated PGT windows and sliders, an in-unit washer and dryer, and a private balcony to soak in Treasure Island’s legendary sunsets. The kitchen is light and airy, fully equipped for guests or personal enjoyment. Sold fully furnished, this condo is truly turnkey—ready for you or your renters from day one! South Beach Condo-Hotel offers resort-style amenities including a heated beachfront pool, shuffleboard court, BBQ grilling area, and hammock retreat—all with direct Gulf views. The comprehensive HOA fee covers cable, water, internet, electricity, exterior maintenance, pest control, and more, ensuring hassle-free ownership. Whether you're looking for a lucrative investment, a personal vacation spot, or both—this is it! Don’t miss this rare opportunity to own a slice of paradise with unmatched rental flexibility. Schedule your private showing today!
Financial Considerations
Price:
$575,000
HOA Fee:
898
Tax Amount:
$6320.5
Price per SqFt:
$1012.32
Tax Legal Description:
SOUTH BEACH CONDO HOTEL UNIT 505
Exterior Features
Lot Size:
34689
Lot Features:
FloodZone, City Limits, Sidewalk
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
N/A
Roof:
Other
Pool:
Yes
Pool Features:
Gunite, Heated, Lighting, Tile
Interior Features
Bedrooms:
1
Bathrooms:
1
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Tile
Levels:
One
Additional Features
Property Sub Type:
Condo - Hotel
Style:
N/A
Year Built:
2001
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Garden, Outdoor Grill, Sidewalk, Sliding Doors, Sprinkler Metered
Additional Features 2:
N/A
Map
  • Address
    11360 GULF BLVD #505
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