The Sanford Group
Property 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!
Property Features
Property Type: Residential - Condominium
Cooling: Central Air
Heating: Central, Electric
Home Style: Contemporary
Lot Size: 1.16 Acres
Roof Type: Membrane
Stories: 6.0
Taxes: $6,714
Year Built: 2008
Square Feet: 914
Amenities
Ceiling Fans(s)
Living Room/Dining Room Combo
Solid Surface Counters
Split Bedroom
Thermostat
Window Treatments
Balcony
Lighting
Sidewalk
Sliding Doors
Feature Descriptions
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Trash Compactor, Washer
Body of Water: GULF OF MEXICO
Community Features: Pool
Days on Site: 492
Directions: Central Ave to 107th Ave. Right on Gulf Blvd. Right on 116th Ave. Left on 1st St E. Left into parking lot.
Exterior: Block, Stucco
Flood Zone Code: AE
Flooring: Laminate
Foundation: Pillar/Post/Pier
HOA Fee: 1285/ Monthly
HOA Y/N: Yes
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: FloodZone, City Limits, Near Public Transit, Sidewalk, Paved
Lot Dimensions: 1.16
Ownership: Fee Simple
Parking: Circular Driveway, Ground Level, Guest, Off Street, Reserved, Basement
Parking Notes: Circular Driveway, Ground Level, Guest, Off Street, Re
Patio/Porch: Covered
Pets Allowed: No
Pool: Deck, Gunite, Heated, In Ground, Lighting, Tile
Property Attached Y/N: No
Property Sub-Type: Condo - Hotel
Sewer: Public Sewer
Showing Instructions: Call Listing Agent
Spa: Heated, In Ground
Special Sale Provisions: None
Swimming Pool: Yes
Utilities: Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
Vegetation: Mature Landscaping
Water: Public
Water Access Y/N: No
Water View: Beach, Gulf/Ocean - Partial
Windows: Blinds, Drapes
Room Sizes
Kitchen: 12x11
Living Room: 16x12
Primary Bedroom: 14x12
Bedroom 2: 12x10
Listed By / Shown By
Listed By
Agency Name: COASTAL PROPERTIES GROUP
Agency Contact: 727-493-1555
Shown By
Agent Name: The Sanford Group
Agent Phone: Cell: (904) 868-9651
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 3,367.31 per month $2,654.69 Principal & Interest $559.50 Property Tax $153.13 Homeowner's InsuranceChange Payment Information
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11605 Gulf Boulevard, Unit 502 | MLS# TB8329499
This condo located at 11605 Gulf Boulevard, Unit 502, Treasure Island, FL 33706 is currently listed for sale with an asking price of $525,000. This property was built in 2008 and has 2 bedrooms and 2 full baths with 914 sq. ft. Gulf Boulevard, Unit 502 is located in the CRYSTAL PALMS BCH RESORT AT TREASURE ISLAND CONDO subdivision. Search CRYSTAL PALMS BCH RESORT AT TREASURE ISLAND CONDO real estate on www.signwithsanford.com today.