Active

12000 GULF BLVD #206N

TREASURE ISLAND FL, 33706

$725,000


$833.33 per sqft

Active

2 Beds

2 Baths

870 sqft

Condo

Built in 2006

This premium 2-bedroom, 1.5-bath condo in the highly sought-after Sunset Vista offers the perfect blend of modern luxury and income potential. Generating an impressive $76,555 in rental income for 2023 and already bringing in $53,594 from January to July of 2024, this property is not only a dream vacation retreat but also a standout investment opportunity. Perched on the sunset side of the building, the second-floor unit has been tastefully updated with new flooring, GE slate appliances, updated kitchen and bath cabinets, and a completely remodeled Jack-and-Jill bathroom. Freshly installed carpet and a brand-new washer and dryer complete this turnkey property, making it ready for immediate use or rental. Beyond its elegant interior, the condo offers partial beach views and access to a wealth of resort-style amenities. Guests and owners alike can enjoy the beachfront pool and spa, a unique children's pool with fountains, a tiki bar, on-site cafe, and a fitness center. The assigned parking space and the prime location on the sugar-white sands of Treasure Island--just a short walk from the renowned John's Pass--add further appeal to this property. With its proven rental track record and robust income stream, this condo is an ideal choice for investors or anyone seeking a vacation property with strong rental revenue. Whether you manage it personally, use an off-site rental company, or take advantage of the on-site management services, this condo offers flexible options to suit your investment strategy. Sunset Vista's strong reputation as a vacation destination ensures a steady flow of repeat guests, solidifying its potential as a long-term income generator. This condo also qualifies for potential tax benefits related to vacation rentals (see IRS Publication 527) and is an excellent option for a 1031 exchange. Don't miss this opportunity to own a piece of paradise that delivers both personal enjoyment and financial rewards. Schedule your private showing today and discover all that this remarkable condo has to offer!

TB8304858

MLS ID

September 19, 2024

Listed

September 19, 2024

Updated

Map

12000 GULF BLVD #206N
TREASURE ISLAND FL, 33706

Interior Features

Total Stories

6


Bedrooms

2


Total Bathrooms

2


Full Bathrooms

1


Half Bathrooms

1


Interior Features

Accessibility Features, Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Thermostat


Appliances

Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range, Refrigerator, Washer


Laundry Description

Inside, Laundry Closet


Floor Description

Carpet, Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

3.44 Acres


Exterior Features

Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sidewalk, Sliding Doors


Lot Features

Flood Zone, City Limits, Near Marina, Near Public Transit, Sidewalk, Paved


Architectual Style

Contemporary, Florida


Roof

Other


Sewer

Public Sewer

Other Property Details

Area Name

33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl


Taxes

$9,308


Tax Frequency

Annually


Association Fee

$1,088


Association Fee Frequency

Monthly


Association Amenities

Cable TV, Fitness Center, Pool, Recreation Facilities, Security, Spa/Hot Tub


Garage

No


Parking

Assigned, Guest, Off Street, On Street, Reserved


View

Yes


View Description

Pool, Water


County

Pinellas


Municipality

31


Water Source

Public


Pool

Yes


Pool Features

Deck, Gunite, Heated, In Ground, Lighting, Tile

Listed by COASTAL PROPERTIES GROUP
Listing Contact: 727-493-1555 

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Data last updated 9/19/2024, 3:11 PM UTC

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