11605 GULF BLVD #502

$510,000

2Bedrooms
2Bathrooms
914Sq Ft
2008Year Built
N/AGarage
584Days on Market
1.16 acLot Size

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!

Facts & Features

MLS #
MFRTB8329499
PRICE
$510,000
STATUS
Active
BEDROOMS
2
BATHROOMS
2
FULL BATHS
2
HALF BATHS
0
SQUARE FOOTAGE
914 sqft
ACRES
1.16
YEAR BUILT
2008
TYPE
Condo - Hotel
STYLE
Contemporary

Amenities

AMENITIES
N/A
PARKING
N/A
VIEW
No
WATERFRONT
No
POOL
Yes

Exterior

STYLE
Contemporary
CONSTRUCTION
Block, Stucco
FOUNDATION
Pillar/Post/Pier
ROOF
Membrane
FENCING
N/A
LOT DESCRIPTION
City Limits, Paved, Near Public Transit, Sidewalk, FloodZone

Additional Information

DATE LISTED
December 11, 2024
DAYS ON MARKET
584
ZONING
N/A
DIRECTION FACES
East
NEW CONSTRUCTION
No
SPECIAL CONDITIONS
None

Community Information

ADDRESS
11605 GULF BLVD #502
SUBDIVISION
Crystal Palms Bch Resort At Treasure Island Condo
CITY
Treasure Island
COUNTY
Pinellas
STATE
FL
ZIP CODE
33706
SENIOR COMMUNITY
No

Interior

INTERIOR FEATURES
Ceiling Fans(s), Split Bedroom, Living Room/Dining Room Combo, Thermostat, Window Treatments, Solid Surface Counters
HEATING
Central, Electric
COOLING
Central Air
FLOORING
Laminate
FIREPLACE
N/A
STORIES
6
APPLIANCES
Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater, Range, Trash Compactor

School Information

DISTRICT
N/A
ELEMENTARY
N/A
MIDDLE
N/A
HIGH
N/A

Location

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