Active

$515,000

Features:
  • 2 Bedrooms
  • 2 Bathrooms
  • 914 sq ft
Overview
  • ID: MFRTB8401616
  • Bedrooms: 2
  • Bathrooms: 2
  • Size: 914 sq ft
Property Details
Remarks
Discover the perfect balance of coastal charm and income potential in Unit 402 at Crystal Palms Beach Resort. This spacious two-bedroom, two-bath condo is ideally positioned on the fourth floor and offers a partial view of the Gulf from a covered balcony—an ideal setting for morning coffee or winding down at sunset. Generating $50,319 in rental income in 2024 and $21,564 from January through May 2025 alone, this unit is already a strong performer for vacation rental investors or those seeking a 1031 exchange opportunity. Inside, you’ll find a contemporary kitchen with granite countertops, GE stainless steel appliances, and a convenient in-unit washer and dryer. Both bedrooms are well-appointed with full bathrooms, and the primary suite offers direct balcony access and a separate vanity area for added comfort. Crystal Palms Beach Resort offers resort-style amenities including a heated outdoor pool and spa, tropical landscaping, and assigned under-building parking. The building is constructed with storm-rated features and has no minimum rental restrictions, providing maximum flexibility whether self-managing or using a local rental company. In addition to this unit, the seller has two other condos currently available in the same building (502 & 507). Buyers are welcome to make an offer on this property alone or as part of a package deal. This is a rare opportunity to own multiple income-producing units in one of Treasure Island’s most sought-after resort communities. Schedule your private showing today and explore the potential of owning a piece of the beach—and a stream of steady rental income.
Financial Considerations
Price:
$515,000
HOA Fee:
1285
Tax Amount:
$7034
Price per SqFt:
$563.46
Tax Legal Description:
CRYSTAL PALMS BEACH RESORT AT TREASURE ISLAND CONDO UNIT 402
Exterior Features
Lot Size:
50565
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Guest, Off Street, Basement
Roof:
Membrane
Pool:
Yes
Pool Features:
Gunite, Heated, 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:
Laminate, Tile
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, Sliding Doors
Additional Features 2:
N/A
Map
  • Address
    11605 GULF BLVD #402
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