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11605 Gulf Boulevard 502
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PRICED AT ONLY: $550,000

Address: 11605 Gulf Boulevard 502, TREASURE ISLAND, FL 33706

Description

Experience the Allure of Treasure Island at Crystal Palms Beach Resort! Presenting Unit 502a 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 balconyperfect for morning coffee or a relaxing evening cocktail. This beautifully furnished, turnkey unit is not just a tranquil beach escapeits 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 companyyour 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 Johns Pass, downtown St. Pete, and Tampa Bays 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 Islands 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!

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More Like This
  • MLS#: TB8329499 ( Residential )
  • Street Address: 11605 Gulf Boulevard 502
  • Viewed: 62
  • Price: $550,000
  • Price sqft: $602
  • Waterfront: No
  • Year Built: 2008
  • Bldg sqft: 914
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 242
  • Acreage: 1.16 acres

Description

Experience the Allure of Treasure Island at Crystal Palms Beach Resort! Presenting Unit 502a 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 balconyperfect for morning coffee or a relaxing evening cocktail. This beautifully furnished, turnkey unit is not just a tranquil beach escapeits 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 companyyour 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 Johns Pass, downtown St. Pete, and Tampa Bays 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 Islands 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!
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, Lighting, Sidewalk, Sliding Doors
  • Flooring: Laminate
  • Living Area: 914.00
  • Roof: Membrane
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: FloodZone, City Limits, Near Public Transit, Sidewalk, Paved
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Circular Driveway, Ground Level, Guest, Off Street, Reserved, Basement
Eco-Communities
  • Pool Features: Deck, Gunite, Heated, In Ground, Lighting, Tile
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Pets Allowed: No
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
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, Trash Compactor, Washer
  • Association Name: ACAM Firm/ Alisa L. Persad
  • Association Phone: 813-934-0706
  • Country: US
  • Furnished: Furnished
  • Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo, Solid Surface Counters, Split Bedroom, Thermostat, Window Treatments
  • Legal Description: CRYSTAL PALMS BEACH RESORT AT TREASURE ISLAND CONDO UNIT 502
  • Levels: One
  • Area Major: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
  • Occupant Type: Tenant
  • Parcel Number: 23-31-15-20002-000-5020
  • Possession: Close Of Escrow
  • Style: Contemporary
  • Unit Number: 502
  • View: Pool, Water
  • Views: 62
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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