11605 Gulf Blvd # 501, Treasure Island, FL 33706
$609,000
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Home Description
Discover Coastal Bliss and Investment Potential at Crystal Palms Beach Resort. Experience the ultimate blend of coastal luxury and investment potential in this stunning two-bedroom, two-bathroom condo at Crystal Palms Beach Resort, nestled in the heart of Treasure Island, Florida. This fifth-floor gem offers sweeping views of the Gulf of Mexico from its coveted Southwest corner, perfectly captured by the expansive wrap-around balcony—ideal for sunset dining or simply unwinding with a coastal breeze. An investor's dream, this vacation rental property generated $57,862.94 in 2022, even with 55 nights reserved for personal use. In 2023, revenue reached $48,475 with an additional $13,800 potential income (owner stayed in unit 69 nights during peak season), showcasing the robust rental market. Already in 2024, the unit has earned $41,295 from January to July (80% occupancy). As seen on HGTV, this fully furnished unit is ready for immediate occupancy or a seamless entry into the vacation rental market. The modern kitchen boasts upgraded GE appliances, granite countertops, and an in-unit washer and dryer. Both bedrooms feature en-suite bathrooms, with the master bedroom offering balcony access and an additional vanity sink. Recent enhancements include fresh paint, new faucets, and highline toilets. Crystal Palms is more than just a place to stay—it's a destination. Enjoy the outdoor heated pool and spa, surrounded by lush tropical landscaping. Your vehicle is protected with assigned under-building parking. The building, lauded for its architecture, features storm-resistant doors and windows, ensuring peace of mind. With no minimum stay requirement and average bookings of six nights, this condo is a perfect blend of personal retreat and lucrative investment. Financing options are available, and potential buyers can benefit from Vacation Rental Tax Benefits as outlined in IRS Publication 527. Located minutes from two international airports, John's Pass Boardwalk, Downtown St. Pete, and major sports venues, this property offers convenience and excitement. Whether you're seeking a vacation home, an investment for a 1031 exchange, or both, Unit 501 at Crystal Palms Beach Resort is a rare opportunity. Schedule your private showing today and start living the beachside dream while enjoying financial rewards!
- Private Pool: True
- Pool Features: Gunite,Heated,In Ground,Lighting,Tile
- Spa Features: Heated,In Ground
- Water View: Gulf/Ocean - Partial
- Water Name: GULF OF MEXICO
- Water Feet: 0
- Interior Features: Ceiling Fans(s),Living Room/Dining Room Combo,Open Floorplan,Solid Surface Counters,Split Bedroom,Window Treatments
- Appliances: Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Range,Washer
- Floor Covering: Laminate
- Architectural Style: Contemporary
- Exterior Features: Balcony,Irrigation System,Sliding Doors
- Exterior Contruction: Block,Stucco
- Foundation: Pillar/Post/Pier
- Front Exposure: East
- Roof: Membrane
- Building Sqft: 914
Available now at $609,000
Approximate Room Sizes / Descriptions
| Kitchen | | First | Laminate |
| Living Room | | First | Laminate |
| Primary Bedroom | | First | Laminate |
| Bedroom 2 | | First | Laminate |
- Garage: False
- Garage Spaces: 0
- Garage Feature: Driveway,Ground Level,Under Building
- Carport: False
- Carport Spaces: 0
- Air Conditioning: Central Air
- Heating: Central,Electric
- Utilities: Cable Connected,Electricity Connected,Phone Available,Public,Sewer Connected,Street Lights,Water Connected
- Lot Sqft: 50565.00
- Lot Acres: 1.1600
- Total Acre: 1 to less than 2
- Lot Num: 5010
- HOA Fees: $1,285 Monthly
- HOA Monthly Amount: $1,285
- HOA/Community Assoc: Required
- Senior Community: False
- Style: Condo - Hotel
- Property Desc: Corner Unit,Elevated
- Location: City Limits,FloodZone,Sidewalk
- Maintenance Includes: Cable TV,Escrow Reserves Fund,Insurance,Internet,Maintenance,Maintenance Grounds,Maintenance Structure,Pool,Sewer,Trash,Water
- Building Num Floors: 6
- Condo Floor Number: 5
- Pets Allowed: No
- : 727-493-1555
Neighborhood
The average asking price of a 2 bedroom Treasure Island condo in this zip code is
$608,580 (0.1% less than this home).
This condo is priced at $666/sqft,
which is 25.1% less than similar condos
in the 33706 zip code.
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Financial
- Approx Payment:$2,963*
- Taxes:$6,715
Area Stats
These statistics are updated daily from the My Florida Regional MLS. For further analysis or
to obtain statistics not shown below please call EasyStreet Realty at
(407) 252-3959 and speak with one of our real estate consultants.
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Listing Courtesy of COASTAL PROPERTIES GROUP.
For information or to schedule a viewing of this property (MLS# TB8330560), call: 407-252-3959
11605 Gulf Blvd # 501, Treasure Island FL is a condo of 914 sqft and
is currently priced at $609,000
.
This condo has 2 bedrooms.
A comparable condo for sale at 11605 Gulf Blvd # 303 in Treasure Island is listed at $505,000.
In addition to condos, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Treasure Island, FL.
The Courageous, St Petersburg Beach and Gulf To Bay Lagoons are nearby neighborhoods.
MLS TB8330560 has been posted on this site since 12/16/2024 (today).