11605 Gulf Boulevard Unit 502, Treasure Island, FL 33706

$510,000
2
BD
2
BA
914
SqFt

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List Price
$510,000
Status
ACTIVE
Days on Market
623
Price Change
▼ $15,000 1784414717
MLS#
TB8329499
Subtype
Residential
Style
One Story
Architectural Style
Contemporary
Year Built
2008
Bedrooms
2
Bathrooms
2
Full Baths
2
Living Area
914
Lot Size
50,565
Acres
1.16
Subdivision
Crystal Palms Bch Resort At Treasure Island Condo
MLS Area Major
Pass a Grille Bch/St Pete Bch/Treasure Isl

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!

Additional Information

Interior Features
Ceiling Fans(s), Living Room/Dining Room Combo, Solid Surface Counters, Split Bedroom, Thermostat, Window Treatments
Exterior Features
Balcony, Lighting, Sidewalk, Sliding Doors
HOA Fee
$1,285
HOA Freqency
Monthly
Financing
Cash, Conventional
Location
FloodZone, City Limits, Near Public Transit, Sidewalk, Paved
Community Features
Pool, No Deed Restriction
Property Description
One Story
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Trash Compactor, Washer
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block, Stucco
Exterior Features
Balcony, Lighting, Sidewalk, Sliding Doors
Stories
6
Levels
One
Roof
Membrane
Foundation
Pillar/Post/Pier
Pool
Yes
Pool Type
Deck, Gunite, Heated, In Ground, Lighting, Tile
Parking
Circular Driveway, Ground Level, Guest, Off Street, Reserved, Basement
Parking Features
Circular Driveway, Ground Level, Guest, Off Street, Reserved, Basement
Garage Features
Circular Driveway, Ground Level, Guest, Off Street, Reserved, Basement
View
Pool, Water, Beach, Gulf/Ocean - Partial

Listing courtesy of COASTAL PROPERTIES GROUP. 727-493-1555

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