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 $25,757 from January through June 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 one other condo currently available in the same building (502). 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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