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 $47,097 in 2025/2026. Building has been updated and painted in 2025. This makes this unit 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 two currently available by the same seller in the building (Units 402, 502 ). 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!
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
This well maintained and turnkey 2br/2bth condo is sold fully furnished with updated paint, decor and a beautiful view of the ocean and tropical palms overlooking the community pool. This unit has one
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