2 Bed Property for sale
Treasure Island, Pinellas County, Florida, United States
Full Description
Discover Coastal Bliss and Exceptional Investment Potential at Crystal Palms Beach Resort. This premier fifth floor Southwest corner residence offers panoramic Gulf views and abundant natural light from one of the most desirable positions in the building, with an expansive wrap around balcony perfectly positioned for breathtaking sunsets and coastal breezes. This two bedroom, two bathroom condo blends personal enjoyment with proven rental performance, generating $57,862.94 in 2022 with 55 nights of owner use, $48,475 in 2023 with an additional $13,800 potential income while the owner occupied 69 peak season nights, and $41,295 from January through July 2024 with approximately 80 percent occupancy; 2025 was reserved for personal use. Fully furnished and turnkey, the unit features a modern kitchen with upgraded GE appliances, granite countertops, and an in unit washer and dryer. Both bedrooms offer en suite baths, with the primary suite featuring direct balcony access and an additional vanity sink. Recent updates include fresh interior paint, new faucets, and highline toilets. Crystal Palms Beach Resort offers a heated pool and spa surrounded by tropical landscaping, assigned under building parking, and storm resistant doors and windows. The building is nearing completion of significant exterior improvements including updated stucco, waterproofing, and fresh exterior paint, enhancing both aesthetics and long term value. With no minimum stay requirement and average bookings of six nights, this property provides flexibility for personal use or income generation and is ideal for a vacation home, 1031 exchange, or investment portfolio addition. Located in the heart of Treasure Island just minutes to John’s Pass, Downtown St. Pete, major airports, dining, shopping, and entertainment, Unit 501 presents a rare opportunity to own a fifth floor Southwest corner wrap balcony residence with sweeping Gulf views and strong rental history.
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