11605 Gulf Blvd # 501 Treasure Island FL 33706 MLS U8226605
$585,000
Reduced By $30,000
last change 4/12/2024
11605 Gulf Blvd # 501
Treasure Island,
FL
33706
MLS# U8226605
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Home Description: 11605 Gulf Blvd # 501
Introducing an exceptional vacation rental property on the market: boasting an impressive $57,862.94 in rental revenue for 2022. The current owner strategically reserved 55 nights for personal use and an additional 11 nights for maintenance, potentially unlocking an extra $13,200 in annual income. As featured on Beachfront Bargain Hunt for its outstanding value, Crystal Palms Beach Resort offers a two-bedroom, two-bathroom fifth-floor unit with a captivating Southwest corner position, providing a breathtaking view of the Gulf of Mexico. The expansive wrap-around balcony, perfect for lounging and al fresco dining, elevates the experience of enjoying the sunset. Crystal Palms welcomes short-term rentals, making this property an ideal choice for those seeking a contemporary beach retreat with a lucrative rental income. The unit is being sold fully furnished, allowing for immediate occupancy upon closing or seamless integration into the vacation rental market. The kitchen boasts luxury with updated GE appliances, granite countertops, and an in-unit washer and dryer. This unit is equipped with three flat-screen TVs, balcony access from both the living room and master bedroom, and an owner's closet for personal items. The master bedroom features a king bed, an en-suite bathroom, and an additional vanity sink, while the second bedroom is also en-suite with access from the living area. Recent upgrades include fresh paint, new faucets, and tall highline toilets. The building itself, recognized with architectural awards, comes with storm doors and windows. Enjoy the outdoor heated pool and spa surrounded by lush tropical landscaping, and benefit from the convenience of an assigned parking space under the building. With a minimum one-night rental requirement (though the average stay is six nights), owners can use the unit for up to 90 days annually. Financing options are available, and potential buyers are encouraged to explore Vacation Rental Tax Benefits outlined in IRS Publication 527. Situated close to two international airports, John's Pass Boardwalk, Downtown St. Pete, and major sports venues, this property is not just a great vacation rental but also an ideal investment for those considering a 1031 exchange. Book your exclusive showing appointment today and step into a lifestyle where beach living meets financial gain!
- Private Pool: True
- Pool Features: Deck,Gunite,Heated,In Ground
- Spa Features: Heated,In Ground
- Water View: Gulf/Ocean - Full
- Water Name: GULF OF MEXICO
- Water Feet: 0
- Interior Features: Built-in Features,Ceiling Fans(s),Living Room/Dining Room Combo,Open Floorplan,Primary Bedroom Main Floor,Split Bedroom,Thermostat
- Appliances: Bar Fridge,Dishwasher,Disposal,Dryer,Electric Water Heater,Ice Maker,Microwave,Range,Refrigerator,Washer
- Floor Covering: Laminate
- Kitchen Features: Breakfast Bar
- Living Room Features: Ceiling Fan(s)
- Architectural Style: Contemporary
- Exterior Features: Balcony,Garden,Irrigation System,Lighting,Outdoor Grill,Sidewalk,Sliding Doors
- Exterior Contruction: Block,Stucco
- Foundation: Pillar/Post/Pier,Stilt/On Piling
- Front Exposure: East
- Roof: Membrane
- Building Sqft: 914
Available now at $585,000
Approximate Room Sizes / Descriptions
Kitchen | 12x11 | First | Laminate |
Living Room | 16x12 | First | Laminate |
Primary Bedroom | 14x12 | First | Laminate |
Bedroom 2 | 12x10 | First | Laminate |
- Garage: False
- Garage Spaces: 0
- Garage Feature: Assigned,Covered,Ground Level,Guest,Off Street,On Street,Reserved,Under Building
- Carport: False
- Carport Spaces: 0
- Air Conditioning: Central Air
- Heating: Electric,Heat Pump
- Utilities: Cable Connected,Electricity Connected,Phone Available,Public,Sewer Connected,Sprinkler Recycled,Water Connected
- Lot Sqft: 50565.00
- Lot Acres: 1.1600
- Total Acre: 1 to less than 2
- Lot Num: 5010
- HOA Fees: $1,540 Monthly
- HOA Monthly Amount: $1,540
- HOA/Community Assoc: Required
- Senior Community: False
- Style: Condo - Hotel
- Property Desc: Corner Unit,Elevated,Mid Rise
- Location: City Limits,FloodZone,Landscaped,Near Public Transit,Paved,Sidewalk
- Maintenance Includes: Cable TV,Escrow Reserves Fund,Insurance,Internet,Maintenance Grounds,Maintenance Structure,Pool,Sewer,Trash,Water
- Building Num Floors: 6
- Building Name Number: CRYSTAL PALMS
- 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
$606,399 (3.7% more than this home).
This condo is priced at $640/sqft,
which is 19.6% less than similar condos
in the 33706 zip code.
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11605 Gulf Blvd # 501 Treasure Island FL 33706
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Similar to: 11605 Gulf Blvd # 501
Financial
- Approx Payment:$2,846*
- Taxes:$5,898
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
(727) 247-2363 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# U8226605) located at 11605 Gulf Blvd # 501 Treasure Island FL 33706, call: 727-247-2363
11605 Gulf Blvd # 501, Treasure Island FL is a condo of 914 sqft and
is currently priced at $585,000
.
This condo has 2 bedrooms.
A comparable condo for sale at 11605 Gulf Blvd # 202 in Treasure Island is listed at $555,000.
This condo on 11605 Gulf Blvd # 501 has decreased in price by $30,000 and the last change was on 4/12/2024.
In addition to condos, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Treasure Island, FL.
Sun Harbor, The Courageous and Gulf Winds are nearby neighborhoods.
MLS U8226605 has been posted on this site since 1/12/2024 (today).