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11605 Gulf Boulevard 507
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PRICED AT ONLY: $524,000

Address: 11605 Gulf Boulevard 507, TREASURE ISLAND, FL 33706

Description

Discover Coastal Charm and Investment Opportunity at Crystal Palms Beach Resort! Unit 507 is a lovely two bedroom, two bathroom condo located on the fifth floor of the popular Crystal Palms Beach Resort in Treasure Island, Florida. This inviting unit offers pleasant views of the Gulf of Mexico from its covered balcony, making it the perfect spot for sunset dinners or relaxing with the ocean breeze. An excellent investment, this vacation rental has demonstrated strong income potential, generating $54,228 in 2023 and $48,512 in 2024. From January through June 2025, the unit has already earned $30,858.00 in rental income. Ideal for investors, including those considering a 1031 exchange, this property is ready for immediate occupancy or easy entry into the vacation rental market. 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 Islands most consistent income producing resort communities. Crystal Palms was featured on HGTV, and the condo comes fully furnished with a modern kitchen equipped with upgraded GE appliances, granite countertops, and the convenience of an in unit washer and dryer. Both bedrooms have en suite bathrooms for added privacy, and the master suite provides direct balcony access along with an additional vanity sink. Crystal Palms Beach Resort enhances your vacation experience with amenities. Enjoy the outdoor heated pool and spa, surrounded by lush tropical landscaping. Assigned under building parking ensures your vehicle is protected, and the building boasts storm resistant doors and windows for added peace of mind. With no minimum stay requirements, this condo offers both flexibility and high rental demand. Financing options are available, and savvy buyers can benefit from Vacation Rental Tax Benefits as outlined in IRS Publication 527. Conveniently located just minutes from two international airports, the vibrant John's Pass Boardwalk, downtown St. Petersburg, and major sports venues, this property puts you in the heart of Florida's most exciting attractions. Whether you're seeking a personal beachfront getaway, a solid investment, or both, Unit 507 at Crystal Palms Beach Resort is a rare find that meets all your needs. Schedule your private showing today and start making your beachside dreams a reality while enjoying financial rewards!

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  • MLS#: TB8323140 ( Residential )
  • Street Address: 11605 Gulf Boulevard 507
  • Viewed: 45
  • Price: $524,000
  • Price sqft: $573
  • Waterfront: No
  • Year Built: 2008
  • Bldg sqft: 914
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 263
  • Acreage: 1.16 acres

Description

Discover Coastal Charm and Investment Opportunity at Crystal Palms Beach Resort! Unit 507 is a lovely two bedroom, two bathroom condo located on the fifth floor of the popular Crystal Palms Beach Resort in Treasure Island, Florida. This inviting unit offers pleasant views of the Gulf of Mexico from its covered balcony, making it the perfect spot for sunset dinners or relaxing with the ocean breeze. An excellent investment, this vacation rental has demonstrated strong income potential, generating $54,228 in 2023 and $48,512 in 2024. From January through June 2025, the unit has already earned $30,858.00 in rental income. Ideal for investors, including those considering a 1031 exchange, this property is ready for immediate occupancy or easy entry into the vacation rental market. 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 Islands most consistent income producing resort communities. Crystal Palms was featured on HGTV, and the condo comes fully furnished with a modern kitchen equipped with upgraded GE appliances, granite countertops, and the convenience of an in unit washer and dryer. Both bedrooms have en suite bathrooms for added privacy, and the master suite provides direct balcony access along with an additional vanity sink. Crystal Palms Beach Resort enhances your vacation experience with amenities. Enjoy the outdoor heated pool and spa, surrounded by lush tropical landscaping. Assigned under building parking ensures your vehicle is protected, and the building boasts storm resistant doors and windows for added peace of mind. With no minimum stay requirements, this condo offers both flexibility and high rental demand. Financing options are available, and savvy buyers can benefit from Vacation Rental Tax Benefits as outlined in IRS Publication 527. Conveniently located just minutes from two international airports, the vibrant John's Pass Boardwalk, downtown St. Petersburg, and major sports venues, this property puts you in the heart of Florida's most exciting attractions. Whether you're seeking a personal beachfront getaway, a solid investment, or both, Unit 507 at Crystal Palms Beach Resort is a rare find that meets all your needs. Schedule your private showing today and start making your beachside dreams a reality while enjoying financial rewards!
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, Lighting, Outdoor Grill, Sidewalk, Sliding Doors
  • Fencing: Vinyl
  • Flooring: Laminate, Tile
  • Living Area: 914.00
  • Roof: Other
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: FloodZone
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Assigned, Driveway, Guest, Off Street, Reserved, Basement
Eco-Communities
  • Pool Features: Gunite, Heated, In Ground, Lighting, Tile
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Electric
  • Pets Allowed: No
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Amenities
  • Association Amenities: Pool, Spa/Hot Tub
Finance and Tax Information
  • Home Owners Association Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Home Owners Association Fee: 1285.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2023
Other Features
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Association Name: Provident Management Company-Alex Johnson
  • Association Phone: 727-360-1600
  • Country: US
  • Furnished: Furnished
  • Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo, Solid Surface Counters, Thermostat, Window Treatments
  • Legal Description: CRYSTAL PALMS BEACH RESORT AT TREASURE ISLAND CONDO UNIT 507
  • Levels: One
  • Area Major: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
  • Occupant Type: Tenant
  • Parcel Number: 23-31-15-20002-000-5070
  • Possession: Close Of Escrow
  • Style: Contemporary, Elevated
  • Unit Number: 507
  • View: City, Pool, Water
  • Views: 45
Nearby Subdivisions
Capri Isle   Capri Isle Sub   Coney Island   Coney Island Pt Rep Of Blk 19   Crystal Palms Bch Resort At Tr   Del Mar At Sunset Beach   Harrells Addie B Sub   Harrells T W   Herrons Sub 1   Herrons Sub 2   Herrons Sub 3   Herrons Sub 8   Island Inn Condo   Isle Of Palms   Isle Of Palms 1st Add   Isle Of Palms 2nd Add   Malyn Condo Motel Condo   Not On List   Ocean Club Treasure Island A R   Paradise Island   Paradise Island 1st Add   Paradise Island 2nd Add   Paradise Island 2nd Add Pt 3   Paradise Island 2nd Add Pt 4   Paradise Island 3rd Add   Paradise Island 6th Add   Penquin Cabana Sub   Sawyer Harrells 2nd Add   South Beach Condo Hotel   Sunset Beach   Sunset Landings   Sunset Vistas Condo Hotel On T   Treasures Of Capri Sub  
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