11605 GULF BOULEVARD UNIT 502

$525,000

$574/sq ft

$60,000
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Overview

Bedroom

2

Bath

2

Year Built

2008

Sqft

914

Property Type

Condo - Hotel

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 $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 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 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 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!

Property Details

MLS#

TB8329499

Total Floor in Bldg

6

Address

11605 GULF

City

TREASURE ISLAND

State/county

FL

Zip/Postal Code

33706

Area

Crystal Palms Bch Resort At Treasure Island Condo

Country

United States

HOA

Yes

Assoc Fee

$1,285

Assoc Fee Pd

Monthly

Tax Amount

$6,714

Maint Fee

$--

Tax Year

2023

Dishwasher

Disposal

Dryer

Electric Water Heater

Microwave

Range

Trash Compactor

Washer

Pool

Water

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Boris Gelfand