Discover Coastal Charm and Investment Opportunity at Crystal Palms Beach Resort! Welcome to Unit 507a lovely two-bedroom, two-bathroom condo located on the fifth floor of the popular Crystal Palms Beach Resort in Treasure Island, Florida. This inviting unit offers pleasant views of the Gulf of Mexico from its covered balcony, making it the perfect spot for sunset dinners or relaxing with the ocean breeze. An excellent investment, this vacation rental has demonstrated strong income potential with $56, 405 generated in 2023. Ideal for investors, including those considering a 1031 exchange, this property is ready for immediate occupancy or easy entry into the vacation rental market. Crystal Palms was featured on HGTV, the condo comes fully furnished and features a modern kitchen equipped with upgraded GE appliances, granite countertops, and the convenience of an in-unit washer and dryer. Both bedrooms have en-suite bathrooms for added privacy, and the master suite provides direct balcony access along with an additional vanity sink. Crystal Palms Beach Resort enhances your vacation experience with amenities. Enjoy the outdoor heated pool and spa, surrounded by lush tropical landscaping. Assigned under-building parking ensures your vehicle is protected, and the building boasts storm-resistant doors and windows for added peace of mind. With no minimum stay requirements, this condo offers both flexibility and high rental demand. Financing options are available, and savvy buyers can benefit from Vacation Rental Tax Benefits as outlined in IRS Publication 527. Conveniently located just minutes from two international airports, the vibrant John's Pass Boardwalk, downtown St. Petersburg, and major sports venues, this property puts you in the heart of Florida's most exciting attractions. Whether you're seeking a personal beachfront getaway, a solid investment, or both, Unit 507 at Crystal Palms Beach Resort is a rare find that meets all your needs. Don't miss out on this opportunity to own a slice of paradise. Schedule your private showing today and start making your beachside dreams a reality while enjoying financial rewards!
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
- Thermostat
- Window Treatments
- Furnished Description: Furnished
- Flooring: Laminate, Tile
- Window Features: Window Treatments
Appliances
- Dishwasher
- Disposal
- Dryer
- Electric Water Heater
- Microwave
- Range
- Refrigerator
- Washer
- Laundry Features: Inside, Laundry Closet
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: 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
- Outdoor Grill
- Sidewalk
- Sliding Doors
- Fencing: Vinyl
- Patio And Porch Features: Covered, Rear Porch
- Road Surface Type: Paved
Pool and Spa
- Pool Features: Gunite, Heated, In Ground, Lighting, Tile
- Pool Private: Yes
- Spa Features: Heated, In Ground
- Spa: Yes
Land Info
- Lot Description: FloodZone
- Lot Size Acres: 1.16
- Vegetation: Mature Landscaping
- Lot Size Square Feet: 50565
Garage and Parking
- Parking Features: Assigned, Driveway, Guest, Off Street, Reserved, Under Building
Home Features
- View: City, Pool, Water
- Security Features: Key Card Entry
Homeowners Association
- Association: Yes
- Association Amenities: Pool, Spa/Hot Tub
- 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
- Association Name: Provident Management Company-Alex Johnson
- Association Phone: 7273601600
- 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: 23-31-15-20002-000-5070
- 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
- Levels or Stories: 6
- Building Total Stories: 6
- Structure Type: Elevated
- Elevator: Yes
- Architectural Style: Contemporary, Elevated
Utilities
- Sewer: Public Sewer
- Cable Connected
- Electricity Connected
- Phone Available
- Sewer Connected
- Water Connected
- Water Source: Public