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$555,000
1
beds
1
baths
568
sqft
Real Estate Professional
C.

Description

Income producing beach retreat with no owner use maximum! Are you looking for Direct Gulf Front views, white sand beaches and PASSIVE Income? Look no further! This stunning one bedroom one bathroom South Beach Condo-Hotel pairs exceptional location with modern amenities and convenience. This 2001 built complex was built to maximize rental income with no minimum lease restrictions, meaning nightly rentals are allowed! Unlike most condo hotels, South Beach condos do not restrict the owner's maximum stay and owners have the choice to self manage or use a management company. This unit has a proven track record of grossing $40,000-$50,0000 / year in rental income and already has over $14,000 in pre-scheduled bookings for the next year! Recent improvements include PGT Impact Window and Sliding Doors, Brand new-A/C (2022), and a new hot water heater (2022). The condo features an open floor plan complete with a washer and dryer in unit, a light and bright kitchen, and private balcony perfect for viewing Treasure Islands idyllic sunsets. The unit is being sold fully furnished, complete with TV’s, linens, dishes, truly turn key! The condominium monthly fee is inclusive of Cable TV, Community Pool, Electricity, Escrow Reserves Fund, Insurance, Maintenance Exterior, Maintenance Grounds, Pest Control, Pool Maintenance, Sewer, Trash, Water. The South Beach Condo hotel truly offers a resort experience with a luxurious pool, shuffleboard court, grilling area, and hammock retreat all overlooking the beach.

Property Highlights

  • Waterfront: Ocean Front
  • Pool
  • Association Fee: $797
  • View: Water, Pool
  • Property Type: Condo/Co-op, Condominium
  • MLS #: U8171798

General Information

Area 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
HOA Fee $797
Property Subtype Residential
Property Type Condominium
Subdivision South Beach Condo Hotel
Taxes $4,827

Room Information

Full Baths 1
Total Baths 1
Total Beds 1

Property Features

Direction Faces East
Has View Yes
Interior Square Footage 568
Lot Size Acres 0.8
Lot Size Square Feet 34,689
Rooms 3
Waterfront Yes
$555,000
1
beds
1
baths
568
sqft
Real Estate Professional
C.
Location
11360 Gulf Boulevard #304, Treasure Island, FL 33706 Driving Directions
Similar Listings
Treasure Island
Nearby Schools
Listed by Tammy Campbell Mcnelis Pa, Compass Florida Llc.

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