Property
| Furnished: | YES |
|---|---|
| Ownership: | Fee Simple |
| Type: | Unknown |
| Bedrooms: | 2 BR |
| Bathrooms: | 2 |
| Pets: | Pets Allowed |
| Lot Size: | 1.2 Acres |
Financials
Price:$510,000
Annual Taxes:$6,714.96
Common charges:$1,285
Listing Courtesy of COASTAL PROPERTIES GROUP
Experience the Allure of Treasure Island at Crystal Palms Beach Resort !
- Perfect air bnb with one night minimum rental
- 2023 Rental Revenue was $56,405
- Enjoy Gulf of Mexico Sunset Views
- Beautiful Treasure Island Beach
- Laminate floor for easy cleaning between guests
- GE Stainless Steel appliances
- Perfect 1031 Exchange property
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- Newly remodeled shower/bath
- 23
- Extra vanity sink in Primary
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- Newly remodeled shower
- Both bedrooms en-suite
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- Heated pool and spa
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Description
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!
Amenities
- Balcony
- Beach
- Blinds
- Cable Connected
- Ceiling Fans(S)
- City Limits
- Dishwasher
- Disposal
- Drapes
- Dryer
- Electricity Connected
- Electric Water Heater
- FloodZone
- Gulf Ocean Partial
- Heated
- In Ground
- Lighting
- Living Room/Dining Room Combo
- Microwave
- Near Public Transit
- Paved
- Phone Available
- Pool
- Public
- Range
- Sewer Connected
- Sidewalk
- Sliding Doors
- Solid Surface Counters
- Split Bedroom
- Thermostat
- Trash Compactor
- Washer
- Water
- Water Connected
- Window Treatments
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
