Florida
Treasure Island
11605 GULF BOULEVARD 502

$550,000

11605 GULF BOULEVARD 502, Treasure Island, FL 33706

2 beds |
2 baths |
914 sqft

Commercial Property
Built in 2008
1.16acre lot
—— car garage
$602/sqft
Listed 8 months ago

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 $32,380.00 already posted from January through June 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!

Listing Status:: Active
Date Added:: December 11, 2024 at 06:00AM
Listing Office:: COASTAL PROPERTIES GROUP : 727-493-1555
Listing Agent:: Jill Helgren : 727-455-5814
MLS ID:: TB8329499

General: Ceiling Fan(s)Living Room/Dining Room ComboSolid Surface CountersSplit BedroomThermostatWindow Treatments
Appliances: DishwasherDisposalDryerElectric Water HeaterMicrowaveRangeTrash CompactorWasher
Laundry: InsideLaundry Closet
Flooring: Laminate
A/C: Central Air
Heating: CentralElectric

This listing courtesy of Jill Helgren, COASTAL PROPERTIES GROUP

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Gulf Beaches Elementary Magnet School

8600 Boca Ciega Dr, St Pete Beach, FL, 33706

Grades KG-5

2.08 miles away

Azalea Middle School

7855 22nd Ave N, Saint Petersburg, FL, 33710

Grades 6-8

2.15 miles away

St. Petersburg Collegiate High School

6605 5th Ave N, Saint Petersburg, FL, 33710

Grades 10-12

2.78 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.