HGTV Beachfront Bargain Hunt filmed Crystal Palms Beach Resort in 2020 as one of their bargains on the beach! It is still a bargain, today, when you consider almost identical units are selling across the street for over $200k more! This is a two bedroom, two full bath END unit with a larger balcony, built in 2008, that is located on the third floor and features beautiful views of sunsets overlooking the ocean! It could be perfect for anyone that wants the ease of staying at your own condo on Treasure Island at any time while having it easily generate income for you while you are away. This unit generated $52,763 in rental income for 2022, however the unit was used for updating and the owner’s personal use for a total of 59 days, resulting in $13,246 in potential additional income. YTD income ending 10/31/23, totaled $42,845 in rental income, however if you include the 39 days of owner use for the year, that would give a potential YTD income of $51,428 with still two months to go. Unit is sold fully furnished with all brand new tvs, living room furniture (including a couch with a pullout memory foam bed), dining room table, patio furniture, mirrors, and lighting throughout. The unit has been freshly painted throughout and bedroom flooring was replaced with modern luxury vinyl. AC was also replaced in 2021 and washer/dryer combo in 2019. Windows and doors are hurricane impact and energy efficient. An in-unit washer & dryer and a private owner’s storage closet add to the conveniences. Primary bedroom has a king bed and en-suite plus an extra sink with additional balcony access. Bedroom 2 has a queen bed, and its own en-suite with dual access to the main area. The property has heated pool & hot tub, full hotel service that would expect, and a business center on the second floor that can be used for corporate meetings, gatherings, etc. Owners may use the unit up to 90 days per year, anytime. This building that has won architectural awards and Certificate of Excellence rewarded by Trip Advisor. You are mere steps to the sand, a few blocks to John’s Pass Village and Boardwalk, easy access to downtown St Petersburg, only 30-40 minutes to Tampa International Airport and 25-35 minutes to St Pete Airport. This could truly be your next vacation home with the convenience of generating income for years to come. Be sure to check out the virtual tour.
Listing courtesy of HOMESMART.
StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on