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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
Price: $510,000
Sq Ft: 914
($558 per
sqft)
Bedrooms: 2
Bathrooms: 2
City: Treasure Island
County: Pinellas
Type: Condo
Development: Crystal Palms Beach Resort At Treasure Island
Subdivision: Crystal Palms Bch Resort At Treasure Island Condo
Acres: 1.1600
Virtual Tour/Floorplan:
View
Year Built: 2008
Listing Number: TB8329499
Status Code: A-Active
Taxes: $6,714.96
Tax Year: 2023
Garage:
Furnishings: Furnished
Pets Allowed: No
Total Recurring Fees: $1,285
Total Recurring Fee Frequency: 0.00
Interior Features:
Ceiling Fans(s)
Living Room/Dining Room Combo
Solid Surface Counters
Split Bedroom
Thermostat
Window Treatments
Financial Information:
Taxes: $6,714.96
Tax Year: 2023
Association Fee: $1,285.00
Association Fee Frequency: Monthly
Exterior Features:
Balcony
Lighting
Sidewalk
Equipment:
Dishwasher
Disposal
Dryer
Electric Water Heater
Microwave
Range
Trash Compactor
Washer
View:
Pool
Water
Beach
Gulf/Ocean - Partial
Additional Information:
Building Description: Contemporary
Building Design: Hotel
MLS Area: 33706 - Pass A Grille Bch/St Pete Bch/Treasure Isl
Total Square Footage: 914
Price per Square Feet: $557.99
Total Floors: 6
Water: Public
Construction: Block, Stucco
Date Listed: 2024-12-11 00:00:00
Pool: Y
Pool Description: Deck, Gunite, Heated, In Ground, Lighting, Tile
Private Spa: Y
Furnished: Furnished
Windows: Blinds, Drapes
Parking: Circular Driveway, Ground Level, Guest, Off Street, Reserved, Basement
Flooring: Laminate
Roof: Membrane
Heating: Central, Electric
Cooling: Central Air
Laundry: Inside, Laundry Closet
Pets: No
Sewer: Public Sewer
Lot Desc.: Flood Zone, City Limits, Near Public Transit, Sidewalk, Paved
Parcel ID: 23-31-15-20002-
Map of 11605 Gulf Boulevard #502, Treasure Island, FL 33706
Listing Courtesy Of: Coastal Properties Group
jill_helgren@yahoo.com