Are you searching for a true beachfront investment property that combines rare rental flexibility, strong returns, and timeless coastal appeal? Welcome to Tropical Terrace on Treasure Island, one of the only beachfront co-op communities with no rental restrictions and no full-time occupant requirements. Whether youre looking to maximize income through daily rentals or keep a personal escape at the shore, this one-bedroom, one-bath residence with 400 square feet of efficient space delivers the versatility youve been waiting for. The condo fee covers nearly everything an owner could need, including cable, internet, electricity, water, sewer, trash, insurance, exterior and grounds upkeep, pest control, pool service, parking, and escrow reserves. With so much included, you can focus on enjoying the property or optimizing its rental potential. In 2020, more than $800, 000 was dedicated to a full renovation that modernized the structure and elevated the experience for residents and guests. Within the last year, an additional $500, 000 in improvements brought even more value. Every unit received new impact windows and doors, the first-floor common areas were fully redesigned with a refreshed recreation room, new ice machine, updated flooring, and outdoor pavers. All pool equipment was replaced, while underground electrical wiring to each unit was rerouted above ground and copper water pipes were updated. The unit also remained unaffected by last years hurricanes, further adding to its strength and appeal. Residents and guests enjoy the classic Florida lifestyle with direct beach access, a sparkling swimming pool surrounded by lush tropical greenery, and inviting common areas designed for comfort. A trusted rental company is already in place, offering seamless management for those who want a true turnkey opportunity. Whether you are a snowbird searching for a part-time retreat or an investor looking for a proven performer in one of Floridas most desirable beachfront markets, Tropical Terrace delivers. Dont miss the chance to own a piece of Treasure Island. Schedule your private tour today.
Property Features
Bedrooms
- Bedrooms: 1
- Primary Bedroom Dimensions: 12 x 12
- Primary Bedroom Level: First
Other Rooms
- Total Rooms: 3
- Living Room Dimensions: 12 x 12
- Living Room Level: First
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
- Ceiling Fans(s)
- Solid Wood Cabinets
- Stone Counters
- Furnished Description: Furnished
- Flooring: Tile, Vinyl
Appliances
- Microwave
- Range
- Refrigerator
- Laundry Features: Common Area
Heating and Cooling
- Cooling Features: Ductless
Kitchen and Dining
- Kitchen Dimensions: 10 x 12
- Kitchen Level: First
Waterfront and Water Access
- Water Body Name: GULF OF AMERICA
- Water Features: Beach, Gulf/Ocean
- Beach Front
- Gulf/Ocean
- Waterfront Feet: 264
Exterior and Lot Features
- Balcony
- Courtyard
- Lighting
- Road Surface Type: Asphalt
Land Info
- Lot Description: Private
- Lot Size Acres: 1.0
- Lot Size Square Feet: 43772
Homeowners Association
- Association: Yes
- Association Amenities: Cable TV, Pool, Shuffleboard Court
- Association Fee: 1150
- Association Fee Frequency: Monthly
- Association Fee Includes: Cable TV, Common Area Taxes, Pool, Electricity, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Pest Control, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 1150
- Association Name: Phillip Dvorak
- Association Phone: 7278006101
- Pets Allowed: Breed Restrictions
- Pet Description: Pet Restrictions: Please refer to HOA Covenants for more information
Condo Info
- Unit Floor In Building: 2
Rental Info
- Lease Term: Minimum Lease: 1-7 Days
Amenities and Community Features
- Community Features: Buyer Approval Required, Community Mailbox, Pool
Other Property Info
- Community Association WaterFeatures: Gulf/Ocean Front, Water Access, Waterfront
- Annual Tax Amount: 3951.03
- Tax Block: C
- Source Listing Status: Active
- County: Pinellas
- Directions: North Gulf Blvd to Treasure Island. Left at 117th street traffic light into Tropic Terrace.
- Tax Year: 2024
- Ownership: Co-op
- Source Property Type: Residential
- Area: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
- Property Subtype: condo
- Source Neighborhood: TROPIC TERRACE APT
- Parcel Number: 23-31-15-92078-000-0320
- Postal Code Plus 4: 5118
- Public Survey Range: 15
- Public Survey Section: 23
- Subdivision: TROPIC TERRACE APT
- Township: 31
- Property Subtype: Condo - Hotel
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 400
- Year Built: 1950
- Building Area Source: Public Records
- Building Area Total: 400
- Building Name: TROPICAL TERRACE
- Construction Materials: Brick
- Direction Faces: North
- Foundation Details: Block
- Levels: One
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Property Age: 75
- Roof: Membrane
- Levels or Stories: 3
- Building Total Stories: 3
Utilities
- Sewer: Public Sewer
- BB/HS Internet Available
- Cable Available
- Electricity Connected
- Sewer Connected
- Water Connected
- Water Source: Public