Experience the Allure of Treasure Island at Crystal Palms Beach Resort! Introducing Unit 502a picturesque two-bedroom, two-bathroom condominium situated on the fifth floor of the renowned Crystal Palms Beach Resort. Revel in the tranquil views of the Gulf of Mexico from the comfort of your private, covered balcony, an idyllic setting for morning coffees or evening cocktails. This unit not only serves as a serene retreat but also stands as a proven revenue generator with a robust rental income of $56, 405 in 2023, making it a prime choice for investors or those exploring a 1031 exchange. This turnkey property is fully equipped and beautifully furnished, featuring a contemporary kitchen with stainless steel GE appliances, sleek granite countertops, and all the essentials, including an in-unit washer and dryer. Both bedrooms boast updated en-suite bathrooms, providing privacy and convenience. The master bedroom offers the luxury of direct balcony access and includes an extra vanity sink for added comfort. The amenities at Crystal Palms Beach Resort are designed to enhance your stay. Take a dip in the heated outdoor pool or unwind in the spa, all set against a backdrop of exquisite tropical landscaping. Benefit from assigned under-building parking that keeps your vehicle secure and the building's storm-resistant features that ensure your safety. With no restrictions on rental durations, this condo provides exceptional versatility and consistently high demand. Start your own business and air bnb this unit yourself or use one of multiple management companies available to manage it for you. Explore financing options and take advantage of potential tax benefits for vacation rentals as detailed in IRS Publication 527. Located just moments away from John's Pass Boardwalk, downtown St. Petersburg, and multiple sports venues, this condo offers both accessibility and entertainment. Unit 502 at Crystal Palms Beach Resort is a unique opportunity to own a piece of Florida's paradise while capitalizing on its financial potential. Arrange your private showing now and embark on a journey of both personal enjoyment and financial benefit!
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 14 x 12
- Bedroom 2 Dimensions: 12 x 10
- Primary Bedroom Level: First
- Bedroom 2 Level: First
Other Rooms
- Total Rooms: 4
- Living Room Dimensions: 16 x 12
- Living Room Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Ceiling Fans(s)
- Living Room/Dining Room Combo
- Solid Surface Counters
- Split Bedroom
- Thermostat
- Window Treatments
- Furnished Description: Furnished
- Flooring: Laminate
- Window Features: Blinds, Drapes
Appliances
- Dishwasher
- Disposal
- Dryer
- Electric Water Heater
- Microwave
- Range
- Trash Compactor
- Washer
- Laundry Features: Inside, Laundry Closet
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central, Electric
Kitchen and Dining
- Kitchen Dimensions: 12 x 11
- Kitchen Level: First
Waterfront and Water Access
- Water Body Name: GULF OF MEXICO
Exterior and Lot Features
- Balcony
- Lighting
- Sidewalk
- Sliding Doors
- Patio And Porch Features: Covered
- Road Responsibility: Public Maintained Road
- Road Surface Type: Paved
Pool and Spa
- Pool Features: Deck, Gunite, Heated, In Ground, Lighting, Tile
- Pool Private: Yes
- Spa Features: Heated, In Ground
- Spa: Yes
Land Info
- Lot Description: FloodZone, City Limits, Near Public Transit, Sidewalk, Paved
- Lot Size Acres: 1.16
- Vegetation: Mature Landscaping
- Lot Size Square Feet: 50565
Garage and Parking
- Parking Features: Circular Driveway, Ground Level, Guest, Off Street, Reserved, Under Building
Home Features
Homeowners Association
- Association: Yes
- Association Fee: 1540
- Association Fee Frequency: Monthly
- Association Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 1540
- Pets Allowed: No
Condo Info
- Unit Floor In Building: 5
Rental Info
- Lease Term: Minimum Lease: 1-7 Days
Amenities and Community Features
Other Property Info
- Annual Tax Amount: 6714.96
- Source Listing Status: Active
- County: Pinellas
- Directions: Central Ave to 107th Ave. Right on Gulf Blvd. Right on 116th Ave. Left on 1st St E. Left into parking lot.
- Tax Year: 2023
- Ownership: Fee Simple
- Source Property Type: Residential
- Area: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
- Property Subtype: condo
- Source Neighborhood: CRYSTAL PALMS BCH RESORT AT TREASURE ISLAND CONDO
- Parcel Number: 23-31-15-20002-000-5020
- Postal Code Plus 4: 4509
- Subdivision: CRYSTAL PALMS BCH RESORT AT TREASURE ISLAND CONDO
- Township: 31
- Property Subtype: Condo - Hotel
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 914
- Year Built: 2008
- Building Area Source: Public Records
- Building Area Total: 914
- Construction Materials: Block, Stucco
- Direction Faces: East
- Foundation Details: Pillar/Post/Pier
- Levels: One
- Property Age: 16
- Property Condition: Completed
- Roof: Membrane
- Levels or Stories: 6
- Building Total Stories: 6
- Structure Type: Elevated
- Elevator: Yes
- Architectural Style: Contemporary
Utilities
- Sewer: Public Sewer
- Cable Connected
- Electricity Connected
- Phone Available
- Public
- Sewer Connected
- Water Connected
- Water Source: Public