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11605 Gulf Blvd # 501 | Saint Petersburg FL | 7393238038

Jill Helgren

This listing was posted on RealtyWW.

$565,000

Gulf Blvd #,saint Petersburg, Condo For Sale

Price:
$565,000
BR/BA:
2 BR, 2 BA
Location:
11605 Gulf Blvd # 501, Saint Petersburg, FL
Description:

Discover Coastal Bliss and Investment Potential at Crystal Palms Beach Resort. Experience the ultimate blend of coastal luxury and investment potential in this stunning two-bedroom, two-bathroom condo at Crystal Palms Beach Resort, nestled in the heart of Treasure Island, Florida. This fifth-floor gem offers sweeping views of the Gulf of Mexico from its coveted Southwest corner, perfectly captured by the expansive wrap-around balconyideal for sunset dining or simply unwinding with a coastal breeze. An investor's dream, this vacation rental property generated $57, 862.94 in 2022, even with 55 nights reserved for personal use. In 2023, revenue reached $48, 475 with an additional $13, 800 potential income (owner stayed in unit 69 nights during peak season), showcasing the robust rental market. Already in 2024, the unit has earned $29, 714 from January to May, with updated figures to follow. 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 upgraded GE appliances, granite countertops, and an in-unit washer and dryer. Both bedrooms feature en-suite bathrooms, with the master bedroom offering balcony access and an additional vanity sink. Recent enhancements include fresh paint, new faucets, and highline toilets. Crystal Palms is more than just a place to stayit's a destination. Enjoy the outdoor heated pool and spa, surrounded by lush tropical landscaping. Your vehicle is protected with assigned under-building parking. 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 and start living the beachside dream while enjoying financial rewards!For more details: https://realtyww.info/condos_saint-petersburg-d523366/for-sale_i75687900
Property Type:
Condos, Townhouses & Apts for Sale
Amenities:
Patio/Deck, Pool, Washer Dryer
Posted:
September 7 on RealtyWW
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More About this Listing: Gulf Blvd #,saint Petersburg, Condo For Sale
Gulf Blvd #,saint Petersburg, Condo For Sale is a Two Bedroom Two Bath Condos for Sale at 11605 Gulf Blvd # 501 in Saint Petersburg FL. Find other listings like Gulf Blvd #,saint Petersburg, Condo For Sale and listings near 11605 Gulf Blvd # 501 by searching Oodle Classifieds for Two Bedroom Two Bath Condos for Sale in Saint Petersburg FL.