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 an impressive $27,934 already posted from January through May 2025, making it 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 three currently available by the same seller in the building (Units 402, 502, and 507). 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!
Features
: In Ground, Lighting, Deck, Gunite, Heated, Tile
: Central, Electric
: Central Air
: Covered
: Ground Level, Off Street, Guest, Reserved, Circular Driveway, Basement
: Contemporary
: Lighting, Balcony, Sidewalk, Sliding Doors
: Laminate
: Ceiling Fans(s), Thermostat, Living Room/Dining Room Combo, Split Bedroom, Window Treatments, Solid Surface Counters
: Inside, Laundry Closet
1
: Public Sewer
: Public, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
: Blinds, Drapes
Appliances
: Range, Dishwasher, Washer, Dryer, Electric Water Heater, Microwave, Disposal, Trash Compactor
Address Map
US
FL
Pinellas
Treasure Island
CRYSTAL PALMS BCH RESORT AT TREASURE ISLAND CONDO
33706
GULF
11605
BOULEVARD
East
Central Ave to 107th Ave. Right on Gulf Blvd. Right on 116th Ave. Left on 1st St E. Left into parking lot.
33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
502
Additional Information
: Public
GULF OF MEXICO
https://www.propertypanorama.com/instaview/stellar/TB8329499
6
585000
2024-12-11
: Sidewalk, Paved, FloodZone, City Limits, Near Public Transit
: One
: Pillar/Post/Pier
: Block, Stucco
: Pool
914
Financial
1285
Monthly
: Maintenance Grounds, Trash, Pool, Cable TV, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Sewer, Water
1
6714.96
Listing Information
260032945
260031369
Cash,Conventional
Active
2025-06-30T20:54:09Z
Stellar
: None
2024-12-11T21:39:18Z
Residential For Sale
11605 Gulf Blvd #502, St Petersburg, Florida 33706
2 Bedrooms
2 Bathrooms
914
$550,000
Listing ID #TB8329499
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : TB8329499
Price : $550,000
View : Pool,Water
Bedrooms : 2
Bathrooms : 2
Square Footage : 914
Year Built : 2008
Lot Area : 1.16 Acre
Full Bathrooms : 2
Property Sub Type : Condo - Hotel
Roof : Membrane