$325,000
$345,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
2 Baths
790 SqFt
SOLD DATE : 11/06/2024
Key Details
Sold Price $325,000
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 790 sqft
Price per Sqft $411
Subdivision Crystal Palms Bch Resort At Treasure Island Condo
MLS Listing ID TB8311265
Sold Date 11/06/24
Bedrooms 1
Full Baths 1
Half Baths 1
Construction Status No Contingency
HOA Fees $1,540/mo
HOA Y/N Yes
Originating Board Stellar MLS
Year Built 2008
Annual Tax Amount $5,153
Lot Size 1.160 Acres
Acres 1.16
Property Description
Discover Coastal Bliss and Rental Revenue at Crystal Palms Beach Resort. Experience the ultimate blend of coastal luxury and investment potential in this stunning two-bedroom, one and a half bathroom condo at Crystal Palms Beach Resort, nestled in the heart of Treasure Island, Florida. This second floor gem offers swimming pool views. The oversized balcony is ideal for sunset dining or simply unwinding with a coastal breeze. The rental revenue for 2023 was $46,004. Already in 2024, the unit has earned $32,676 from January to August. As seen on HGTV, this fully furnished unit is ready for immediate occupancy or a seamless entry into the vacation rental market. The modern kitchen boasts GE appliances, granite countertops, and an in-unit washer and dryer. Both bedrooms feature the en-suite bathroom, with the master bedroom offering balcony access and an additional vanity sink. Crystal Palms is more than just a place to stay—it's a destination. Enjoy the outdoor heated pool and spa, surrounded by lush tropical landscaping. The building, lauded for its architecture, features storm-resistant doors and windows, ensuring peace of mind. With no minimum stay requirement and average bookings of six nights, this condo is a perfect blend of personal retreat and lucrative investment. Financing options are available, and potential buyers can benefit from Vacation Rental Tax Benefits as outlined in IRS Publication 527. Located minutes from two international airports, John's Pass Boardwalk, Downtown St. Pete, and major sports venues, this property offers convenience and excitement. Whether you're seeking a vacation home, an investment for a 1031 exchange, or both, Unit 501 at Crystal Palms Beach Resort is a rare opportunity. Schedule your private showing today.
Location
State FL
County Pinellas
Community Crystal Palms Bch Resort At Treasure Island Condo
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan
Heating Electric
Cooling Central Air
Flooring Ceramic Tile
Furnishings Furnished
Fireplace false
Appliance Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Laundry Inside, Laundry Closet
Exterior
Exterior Feature Balcony, Irrigation System, Lighting, Sidewalk, Sliding Doors
Pool Gunite, Heated
Community Features Pool, Wheelchair Access
Utilities Available Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Sprinkler Recycled, Street Lights, Water Connected
Amenities Available Cable TV, Elevator(s), Pool
Roof Type Membrane
Garage false
Private Pool Yes
Building
Story 6
Entry Level One
Foundation Pillar/Post/Pier
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Structure Type Concrete,Stucco
New Construction false
Construction Status No Contingency
Others
Pets Allowed No
HOA Fee Include Cable TV,Pool,Escrow Reserves Fund,Insurance,Internet,Maintenance Structure,Maintenance Grounds,Maintenance,Sewer,Trash,Water
Senior Community No
Ownership Fee Simple
Monthly Total Fees $1, 540
Acceptable Financing Cash, Conventional
Membership Fee Required Required
Listing Terms Cash, Conventional
Special Listing Condition None
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