11605 GULF BLVD #502 Active Save Request In-Person Tour Request Virtual Tour
Treasure Island,FL 33706
Key Details
Property Type Condo
Sub Type Condo - Hotel
Listing Status Active
Purchase Type For Sale
Square Footage 914 sqft
Price per Sqft $601
Subdivision Crystal Palms Bch Resort At Treasure Island Condo
MLS Listing ID TB8329499
Bedrooms 2
Full Baths 2
HOA Fees $1,285/mo
Year Built 2008
Annual Tax Amount $6,714
Lot Size 1.160 Acres
Property Sub-Type Condo - Hotel
Property Description
Experience the Allure of Treasure Island at Crystal Palms Beach Resort! Presenting Unit 502—a picturesque two-bedroom, two-bathroom condominium located on the fifth floor of the highly desirable Crystal Palms Beach Resort. Enjoy peaceful Gulf of Mexico views from your private, covered balcony—perfect for morning coffee or a relaxing evening cocktail. This beautifully furnished, turnkey unit is not just a tranquil beach escape—it's also a proven revenue generator. Rental income was $56,405 in 2023, $49,842 in 2024, and an impressive $27,934 already posted from January through May 2025, making it an ideal choice for investors or those considering a 1031 exchange.
The interior features a contemporary kitchen with sleek granite countertops, stainless steel GE appliances, and a full-size washer and dryer for added convenience. Each bedroom includes an updated en-suite bathroom, offering privacy for guests. The spacious master suite features direct balcony access and an additional vanity area. Crystal Palms Beach Resort offers a heated outdoor pool and spa, tropical landscaping, storm-resistant construction, and assigned under-building parking. There are no restrictions on rental duration, allowing for nightly, weekly, or monthly rentals. Manage it yourself through Airbnb or hire a professional management company—your choice. Explore the potential tax benefits outlined in IRS Publication 527 and consider the strong financial upside of owning a vacation rental just moments from John's Pass, downtown St. Pete, and Tampa Bay's major sports venues. Even more exciting, this unit is one of three currently available by the same seller in the building (Units 402, 502, and 507). Buyers are welcome to purchase individually or as part of a rare multi-unit investment package in one of Treasure Island's most consistent income-producing resort communities. Schedule your private showing today and seize the opportunity to enjoy the beach lifestyle while building long-term wealth!
Location
State FL
County Pinellas
Community Crystal Palms Bch Resort At Treasure Island Condo
Area 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl
Interior
Heating Central,Electric
Cooling Central Air
Flooring Laminate
Laundry Inside,Laundry Closet
Exterior
Exterior Feature Balcony,Lighting,Sidewalk,Sliding Doors
Parking Features Circular Driveway,Ground Level,Guest,Off Street,Reserved,Basement
Pool Deck,Gunite,Heated,In Ground,Lighting,Tile
Community Features Pool
Utilities Available Cable Connected,Electricity Connected,Phone Available,Public,Sewer Connected,Water Connected
View Y/N Yes
View Pool,Water
Roof Type Membrane
Building
Lot Description FloodZone,City Limits,Near Public Transit,Sidewalk,Paved
Story 6
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Others
Monthly Total Fees $1,285
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8329499