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$345,000

Beds
1
Baths
1.5
sq ft
790

11605 Gulf Blvd Unit 206, Treasure Island, FL 33706

11605 Gulf Blvd Unit 206

ST PETERSBURG, FL 33706

  • 3 days on market
Discover Coastal Bliss and Rental Revenue at Crystal Palms Beach Resort. Experience the ultimate blend of coastal luxury and investment potential in this stunning two-bedroom, one and a half bathroom condo at Crystal Palms Beach Resort, nestled in the heart of Treasure Island, Florida. This second floor gem offers swimming pool views. The oversized balcony is ideal for sunset dining or simply unwinding with a coastal breeze. The rental revenue for 2023 was $46,004. Already in 2024, the unit has earned $32,676 from January to August. 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 GE appliances, granite countertops, and an in-unit washer and dryer. Both bedrooms feature the en-suite bathroom, with the master bedroom offering balcony access and an additional vanity sink. 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. 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.

Details

Property type

Condominium

Est. home value

$455,008

Lot size

1.16 acres

Price per sq ft

$437

Year built

2008

Annual property taxes

$5,153.44

Monthly HOA fee

$1,540

Price History

10/15/2024
StellarMLS

StellarMLS #TB8311265

Listed
$345,000
-2.82%
06/20/2024
StellarMLS

StellarMLS #U8224909

Removed
$355,000
03/31/2024
StellarMLS

StellarMLS #U8224909

Price change
$355,000
-1.39%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of The Ozarks

Loan start date

July 2018

Original loan amount

$177,437

Est. remaining balance

Not provided

Interest rate

3.83%

Loan type

Commercial, 30 year

Seller

Martha Wareing

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/18/2024 at 4:30 AM

Listing updated: 10/15/2024 at 4:24 PM

Listed by: Jill Helgren, COASTAL PROPERTIES GROUP Phone #: (727) 493-1555

MLS: StellarMLS #TB8311265

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