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Condo Apartment - Hotel 1 bedrooms - SOUTH BEACH CONDO HOTEL for Sale

11360 GULF #505, TREASURE ISLAND, FL 33706

Asking Price$550,000 Change Price$25,000

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  • Days on market:

    170 day(s)
  • Original Price:

    $575,000
  • Price per sqft:

    $968.31
  • Tax Legal Description:

    SOUTH BEACH CONDO HOTEL UNIT 505
  • Tax Year:

    2024
  • Property Type:

    Condo - Hotel
  • Furnished Info:

    Furnished
  • Waterfront:

    Yes
  • Pool Features:

    Heated Gunite Lighting Tile
  • Waterfront Description:

    Beach Gulf/OceanGulf/Ocean Front
  • View:

    Water
  • Construction Type:

    StuccoBlock
  • Roof:

    Other
  • Cooling Description:

    Central Air
  • Heating Description:

    ElectricCentral
  • Floor Description:

    Tile
  • Interior Features:

    Ceiling Fan(s) Thermostat Window Treatments Solid Surface Counters
  • Exterior Features:

    Balcony Sidewalk Sliding Doors Garden Sprinkler MeteredOutdoor Grill
  • Equipment/Appliances:

    DishwasherMicrowaveRefrigeratorDisposalDryerWasher Range
  • Amenities:

    Pool Elevator(s) Shuffleboard Court Recreation Facilities
  • Special Listing Conditions:

    None
  • Lot Features:

    SidewalkCity Lot FloodZone

Description

$550,000 • one bedroom(s) • one full bathroom(s) • living size area 568 sqft • waterfront access

Gulf-front getaway with high rental potential! welcome to your beachfront retreat—where breathtaking gulf views, powder-soft sand, and strong rental income come together in perfect harmony! this direct beachfront, fifth floor, stylish 1-bedroom, 1-bathroom condo at south beach condo-hotel is an investor’s dream and a beach lover’s paradise. built in 2001, this prime vacation property has no minimum rental restrictions, allowing for nightly rentals and flexible owner use. whether you choose to self-manage or utilize on site rental service, this unit has a proven income track record. in 2023 this unit had $57,353.00 in rental revenue (10 night owner stay in march) and in 2024 an impressive $48,340.00 with 2 weeks of owners stay in winter and temporary closure after the storms. januiary to june 2025 revenue is $33,492 (with owners staying for 10 days in march). step inside to find a bright, open-concept floor plan featuring impact-rated pgt windows and sliders, an in-unit washer and dryer, and a private balcony to soak in treasure island’s legendary sunsets. the kitchen is light and airy, fully equipped for guests or personal enjoyment. sold fully furnished, this condo is truly turnkey—ready for you or your renters from day one! south beach condo-hotel offers resort-style amenities including a heated beachfront pool, shuffleboard court, bbq grilling area, and hammock retreat—all with direct gulf views. the comprehensive hoa fee covers cable, water, internet, electricity, exterior maintenance, pest control, and more, ensuring hassle-free ownership. whether you're looking for a lucrative investment, a personal vacation spot, or both—this is it! don’t miss this rare opportunity to own a slice of paradise with unmatched rental flexibility. schedule your private showing today!

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