Active

$448,000

Features:
  • 1 Bedrooms
  • 1 Bathrooms
  • 365 sq ft
Overview
  • ID: MFRTB8508130
  • Bedrooms: 1
  • Bathrooms: 1
  • Size: 365 sq ft
Property Details
Remarks
PRIME DIRECT GULF-FRONT Executive Studio. – Island Inn Beach Resort Condo/Hotel perfectly positioned. Front and center. "Top producer" Sold Turnkey. Tasteful furnishings, KING size Bed, Pull-out sofa, NEW refrigerator, New Microwave, double-pane sliding glass doors opening to your private Gulf-front balcony. Start earning from day one***** DIRECT GULF-FRONT executive studio delivers breathtaking, unobstructed views of the Gulf of Mexico. Beachfront condo-hotel offers the ideal blend of personal enjoyment and proven income production. Unit 409 has a strong rental history with impressive, consistent income, high occupancy, and loyal repeat guests, making it a standout investment. 2025 year-end income totaled $40,542. 2026 year-to-date income is $27,541 as of May, with a strong pipeline of confirmed vacation bookings and continued high demand filling the calendar. All recommended improvements are complete, and the resort is fully operational and stronger than ever—just in time for a very active rental season. The association is exceptionally well-managed with a completed reserve study, fully funded reserves, all milestone repairs completed, and no known upcoming assessments.***** Beautifully Landscaped Resort-style amenities include a heated beachfront pool with sun deck and tiki bar, beachside lounging, a renovated lobby, plus bayside boat slips, fishing dock, and R/V parking accommodations.***** Monthly condo fee includes: ELECTRIC, Wi-Fi, cable, water, building insurance, maintenance, security, trash, and association reserves. An exceptional value on Treasure Island—stay, play, and let it pay. Showings available between guest check-ins. Don't know of anther that provides all these amenities. “BEST VALUE ON THE BEACH”
Financial Considerations
Price:
$448,000
HOA Fee:
N/A
Tax Amount:
$5025.94
Price per SqFt:
$1227.4
Tax Legal Description:
ISLAND INN CONDO UNIT 409
Exterior Features
Lot Size:
39848
Lot Features:
N/A
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
Covered, Guest, Open, RV Access/Parking, Basement
Roof:
Other
Pool:
No
Pool Features:
Deck, Gunite, Heated, In Ground
Interior Features
Bedrooms:
1
Bathrooms:
1
Heating:
Ductless
Cooling:
Wall/Window Unit(s)
Appliances:
Cooktop, Microwave, Refrigerator
Furnished:
Yes
Floor:
Ceramic Tile
Levels:
One
Additional Features
Property Sub Type:
Condo - Hotel
Style:
N/A
Year Built:
1976
Construction Type:
Concrete, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Outdoor Grill
Additional Features 2:
N/A
Map
  • Address
    9980 GULF BLVD #409
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