Experience the Allure of Treasure Island at Crystal Palms Beach Resort! Presenting Unit 502a 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 balconyperfect for morning coffee or a relaxing evening cocktail. This beautifully furnished, turnkey unit is not just a tranquil beach escapeits 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 companyyour 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 Johns Pass, downtown St. Pete, and Tampa Bays 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 Islands 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
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 14 x 12
- Bedroom 2 Dimensions: 12 x 10
- Primary Bedroom Level: First
- Bedroom 2 Level: First
Other Rooms
- Total Rooms: 4
- Living Room Dimensions: 16 x 12
- Living Room Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Ceiling Fans(s)
- Living Room/Dining Room Combo
- Solid Surface Counters
- Split Bedroom
- Thermostat
- Window Treatments
- Furnished Description: Furnished
- Flooring: Laminate
- Window Features: Blinds, Drapes
Appliances
- Dishwasher
- Disposal
- Dryer
- Electric Water Heater
- Microwave
- Range
- Trash Compactor
- Washer
- Laundry Features: Inside, Laundry Closet
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central, Electric
Kitchen and Dining
- Kitchen Dimensions: 12 x 11
- Kitchen Level: First
Waterfront and Water Access
- Water Body Name: GULF OF MEXICO
Exterior and Lot Features
- Balcony
- Lighting
- Sidewalk
- Sliding Doors
- Patio And Porch Features: Covered
- Road Responsibility: Public Maintained Road
- Road Surface Type: Paved
Pool and Spa
- Pool Features: Deck, Gunite, Heated, In Ground, Lighting, Tile
- Pool Private: Yes
- Spa Features: Heated, In Ground
- Spa: Yes
Land Info
- Lot Description: FloodZone, City Limits, Near Public Transit, Sidewalk, Paved
- Lot Size Acres: 1.16
- Vegetation: Mature Landscaping
- Lot Size Square Feet: 50565
Garage and Parking
- Parking Features: Circular Driveway, Ground Level, Guest, Off Street, Reserved, Basement
Home Features
Homeowners Association
- Association: Yes
- Association Fee: 1285
- Association Fee Frequency: Monthly
- Association Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 1285
- Association Name: ACAM Firm/ Alisa L. Persad
- Association Phone: 8139340706
- Pets Allowed: No
Condo Info
- Unit Floor In Building: 5
Rental Info
- Lease Term: Minimum Lease: 1-7 Days
Amenities and Community Features
Other Property Info
- Annual Tax Amount: 6714.96
- Source Listing Status: Active
- County: Pinellas
- Directions: Central Ave to 107th Ave. Right on Gulf Blvd. Right on 116th Ave. Left on 1st St E. Left into parking lot.
- Tax Year: 2023
- Ownership: Fee Simple
- Source Property Type: Residential
- Area: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
- Property Subtype: condo
- Source Neighborhood: CRYSTAL PALMS BCH RESORT AT TREASURE ISLAND CONDO
- Parcel Number: 23-31-15-20002-000-5020
- Postal Code Plus 4: 4509
- Public Survey Range: 15
- Public Survey Section: 23
- Subdivision: CRYSTAL PALMS BCH RESORT AT TREASURE ISLAND CONDO
- Township: 31
- Property Subtype: Condo - Hotel
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 914
- Year Built: 2008
- Building Area Source: Public Records
- Building Area Total: 914
- Construction Materials: Block, Stucco
- Direction Faces: East
- Foundation Details: Pillar/Post/Pier
- Levels: One
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Property Age: 17
- Property Condition: Completed
- Roof: Membrane
- Levels or Stories: 6
- Building Total Stories: 6
- Structure Type: Elevated
- Elevator: Yes
- Architectural Style: Contemporary
Utilities
- Sewer: Public Sewer
- Cable Connected
- Electricity Connected
- Phone Available
- Public
- Sewer Connected
- Water Connected
- Water Source: Public
