11605 GULF BLVD #502, TREASURE ISLAND, FL, 33706
$525,000
Residential
Bedrooms
2
Bathrooms
2
Living Area
914 Sqft
Lot Size
50,565 Sqft
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!
Property Details
Property Features Property Features
MLS ID: MFRTB8329499 Year Built: 2008
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Trash Compactor, Washer Architectural Style: Contemporary
Association Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water Community Features: Pool
Construction Materials: Block, Stucco Cooling: Central Air
Country: US County Or Parish: Pinellas
Direction Faces: East Exterior Features: Balcony, Lighting, Sidewalk, Sliding Doors
Flooring: Laminate Foundation Details: Pillar/Post/Pier
Furnished: Furnished Heating: Central, Electric
Laundry Features: Inside, Laundry Closet Levels: One
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional
Lot Features: FloodZone, City Limits, Near Public Transit, Sidewalk, Paved Occupant Type: Tenant
Parking Features: Circular Driveway, Ground Level, Guest, Off Street, Reserved, Basement Patio And Porch Features: Covered
Pets Allowed: No Pool Features: Deck, Gunite, Heated, In Ground, Lighting, Tile
Possession: Close Of Escrow Property Condition: Completed
Property Sub Type: Condo - Hotel Property Type: Residential
Road Responsibility: Public Maintained Road Road Surface Type: Paved
Roof: Membrane Sewer: Public Sewer
Showing Requirements: Call Listing Agent Spa Features: Heated, In Ground
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
Vegetation: Mature Landscaping View: Pool, Water
Water Source: Public Window Features: Blinds, Drapes
Rooms Rooms
Kitchen: 12x11 ft Living Room: 16x12 ft
Primary Bedroom: 14x12 ft Bedroom 2: 12x10 ft
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