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11605 Gulf Boulevard 501
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PRICED AT ONLY: $550,000

Address: 11605 Gulf Boulevard 501, TREASURE ISLAND, FL 33706

Description

Discover Coastal Bliss and Exceptional Investment Potential at Crystal Palms Beach Resort. This premier fifth floor Southwest corner residence offers panoramic Gulf views and abundant natural light from one of the most desirable positions in the building, with an expansive wrap around balcony perfectly positioned for breathtaking sunsets and coastal breezes. This two bedroom, two bathroom condo blends personal enjoyment with proven rental performance, generating $57,862.94 in 2022 with 55 nights of owner use, $48,475 in 2023 with an additional $13,800 potential income while the owner occupied 69 peak season nights, and $41,295 from January through July 2024 with approximately 80 percent occupancy; 2025 was reserved for personal use. Fully furnished and turnkey, the unit features a modern kitchen with upgraded GE appliances, granite countertops, and an in unit washer and dryer. Both bedrooms offer en suite baths, with the primary suite featuring direct balcony access and an additional vanity sink. Recent updates include fresh interior paint, new faucets, and highline toilets. Crystal Palms Beach Resort offers a heated pool and spa surrounded by tropical landscaping, assigned under building parking, and storm resistant doors and windows. The building is nearing completion of significant exterior improvements including updated stucco, waterproofing, and fresh exterior paint, enhancing both aesthetics and long term value. With no minimum stay requirement and average bookings of six nights, this property provides flexibility for personal use or income generation and is ideal for a vacation home, 1031 exchange, or investment portfolio addition. Located in the heart of Treasure Island just minutes to Johns Pass, Downtown St. Pete, major airports, dining, shopping, and entertainment, Unit 501 presents a rare opportunity to own a fifth floor Southwest corner wrap balcony residence with sweeping Gulf views and strong rental history.

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More Like This
  • MLS#: TB8476615 ( Residential )
  • Street Address: 11605 Gulf Boulevard 501
  • Viewed: 9
  • Price: $550,000
  • Price sqft: $602
  • Waterfront: No
  • Year Built: 2008
  • Bldg sqft: 914
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 70
  • Acreage: 1.16 acres

Description

Discover Coastal Bliss and Exceptional Investment Potential at Crystal Palms Beach Resort. This premier fifth floor Southwest corner residence offers panoramic Gulf views and abundant natural light from one of the most desirable positions in the building, with an expansive wrap around balcony perfectly positioned for breathtaking sunsets and coastal breezes. This two bedroom, two bathroom condo blends personal enjoyment with proven rental performance, generating $57,862.94 in 2022 with 55 nights of owner use, $48,475 in 2023 with an additional $13,800 potential income while the owner occupied 69 peak season nights, and $41,295 from January through July 2024 with approximately 80 percent occupancy; 2025 was reserved for personal use. Fully furnished and turnkey, the unit features a modern kitchen with upgraded GE appliances, granite countertops, and an in unit washer and dryer. Both bedrooms offer en suite baths, with the primary suite featuring direct balcony access and an additional vanity sink. Recent updates include fresh interior paint, new faucets, and highline toilets. Crystal Palms Beach Resort offers a heated pool and spa surrounded by tropical landscaping, assigned under building parking, and storm resistant doors and windows. The building is nearing completion of significant exterior improvements including updated stucco, waterproofing, and fresh exterior paint, enhancing both aesthetics and long term value. With no minimum stay requirement and average bookings of six nights, this property provides flexibility for personal use or income generation and is ideal for a vacation home, 1031 exchange, or investment portfolio addition. Located in the heart of Treasure Island just minutes to Johns Pass, Downtown St. Pete, major airports, dining, shopping, and entertainment, Unit 501 presents a rare opportunity to own a fifth floor Southwest corner wrap balcony residence with sweeping Gulf views and strong rental history.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, Lighting, Outdoor Grill, Sidewalk, Sliding Doors
  • Flooring: Laminate
  • Living Area: 914.00
  • Roof: Membrane
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: FloodZone, City Limits, Sidewalk, Paved
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Assigned, Covered, Ground Level, Guest, Basement
Eco-Communities
  • Pool Features: Gunite, Heated, In Ground, Lighting, Tile
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Pets Allowed: No
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
Amenities
  • Association Amenities: Elevator(s), Pool, Spa/Hot Tub
Finance and Tax Information
  • Home Owners Association Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Sewer, Trash, Water
  • Home Owners Association Fee: 1285.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Washer
  • Association Name: Alisa L. Persad
  • Association Phone: 813-934-0706
  • Country: US
  • Furnished: Furnished
  • Interior Features: Built-in Features, Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Thermostat, Window Treatments
  • Legal Description: CRYSTAL PALMS BEACH RESORT AT TREASURE ISLAND CONDO UNIT 501
  • Levels: Multi/Split
  • Area Major: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
  • Occupant Type: Tenant
  • Parcel Number: 23-31-15-20002-000-5010
  • Possession: Close Of Escrow
  • Style: Contemporary
  • Unit Number: 501
  • View: Pool, Water
Nearby Subdivisions
Boca Ciega Pass Sub   Capri Isle   Capri Isle Sub   Coney Island   Coney Island Pt Rep Of Blk 19   Crystal Palms Bch Resort At Tr   Del Mar At Sunset Beach   Gulf Spray Condo   Harrells Addie B Sub   Harrells T W   Herrons Sub 2   Herrons Sub 3   Herrons Sub 5   Herrons Sub 6   Herrons Sub 9   Isle Of Palms   Isle Of Palms 1st Add   Isle Of Palms 2nd Add   Malyn Condo Motel Condo   Ocean Club Treasure Island A R   Oconnells Rep   Paradise Island   Paradise Island 2nd Add   Paradise Island 2nd Add Pt 3   Paradise Island 2nd Add Pt 4   Paradise Island 4th Add   Paradise Island 5th Add   Paradise Island 6th Add   Paradise Island St Add   Reuer Sub   Sawyer Harrells 2nd Add   Sawyer Harrells Add   Sunset Beach   Sunset Landings   Sunset Vistas Condo Hotel On T   Treasures Of Capri Sub   Tropic Terrace Apt  
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