Address: 11730 Gulf Boulevard 32, TREASURE ISLAND, FL 33706
Description
Are you searching for a true beachfront investment property that combines rare rental flexibility, strong returns, and timeless coastal appeal? Welcome to Tropical Terrace on Treasure Island, one of the only beachfront co op communities with no rental restrictions and no full time occupant requirements. Whether youre looking to maximize income through daily rentals or keep a personal escape at the shore, this one bedroom, one bath residence with 400 square feet of efficient space delivers the versatility youve been waiting for. The condo fee covers nearly everything an owner could need, including cable, internet, electricity, water, sewer, trash, insurance, exterior and grounds upkeep, pest control, pool service, parking, and escrow reserves. With so much included, you can focus on enjoying the property or optimizing its rental potential. In 2020, more than $800,000 was dedicated to a full renovation that modernized the structure and elevated the experience for residents and guests. Within the last year, an additional $500,000 in improvements brought even more value. Every unit received new impact windows and doors, the first floor common areas were fully redesigned with a refreshed recreation room, new ice machine, updated flooring, and outdoor pavers. All pool equipment was replaced, while underground electrical wiring to each unit was rerouted above ground and copper water pipes were updated. The unit also remained unaffected by last years hurricanes, further adding to its strength and appeal. Residents and guests enjoy the classic Florida lifestyle with direct beach access, a sparkling swimming pool surrounded by lush tropical greenery, and inviting common areas designed for comfort. A trusted rental company is already in place, offering seamless management for those who want a true turnkey opportunity. Whether you are a snowbird searching for a part time retreat or an investor looking for a proven performer in one of Floridas most desirable beachfront markets, Tropical Terrace delivers. Dont miss the chance to own a piece of Treasure Island. Schedule your private tour today.
Are you searching for a true beachfront investment property that combines rare rental flexibility, strong returns, and timeless coastal appeal? Welcome to Tropical Terrace on Treasure Island, one of the only beachfront co op communities with no rental restrictions and no full time occupant requirements. Whether youre looking to maximize income through daily rentals or keep a personal escape at the shore, this one bedroom, one bath residence with 400 square feet of efficient space delivers the versatility youve been waiting for. The condo fee covers nearly everything an owner could need, including cable, internet, electricity, water, sewer, trash, insurance, exterior and grounds upkeep, pest control, pool service, parking, and escrow reserves. With so much included, you can focus on enjoying the property or optimizing its rental potential. In 2020, more than $800,000 was dedicated to a full renovation that modernized the structure and elevated the experience for residents and guests. Within the last year, an additional $500,000 in improvements brought even more value. Every unit received new impact windows and doors, the first floor common areas were fully redesigned with a refreshed recreation room, new ice machine, updated flooring, and outdoor pavers. All pool equipment was replaced, while underground electrical wiring to each unit was rerouted above ground and copper water pipes were updated. The unit also remained unaffected by last years hurricanes, further adding to its strength and appeal. Residents and guests enjoy the classic Florida lifestyle with direct beach access, a sparkling swimming pool surrounded by lush tropical greenery, and inviting common areas designed for comfort. A trusted rental company is already in place, offering seamless management for those who want a true turnkey opportunity. Whether you are a snowbird searching for a part time retreat or an investor looking for a proven performer in one of Floridas most desirable beachfront markets, Tropical Terrace delivers. Dont miss the chance to own a piece of Treasure Island. Schedule your private tour today.
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Balcony, Courtyard, Lighting
Flooring: Tile, Vinyl
Living Area: 400.00
Roof: Membrane
Land Information
Lot Features: Private
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Ductless
Heating: Other
Pets Allowed: Breed Restrictions
Sewer: Public Sewer
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected
Amenities
Association Amenities: Cable TV, Pool, Shuffleboard Court
Finance and Tax Information
Home Owners Association Fee Includes: Cable TV, Common Area Taxes, Pool, Electricity, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Pest Control, Sewer, Trash, Water
Home Owners Association Fee: 1150.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Appliances: Microwave, Range, Refrigerator
Association Name: Phillip Dvorak
Association Phone: 727-800-6101
Country: US
Furnished: Furnished
Interior Features: Ceiling Fans(s), Solid Wood Cabinets, Stone Counters
Legal Description: TROPIC TERRACE APARTMENT HOTEL CO-OP (UNREC) (99 YR LEASE) APT 32
Levels: One
Area Major: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
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