3 months on rocket

11605 Gulf Blvd Unit 501, Treasure Island, FL, 33706

$585,000

Home List Price

$6,947*

Closing Credit

2 Bedrooms
2 Full Baths
914 SqFt
$640/SqFt
Condo
Schools Nearby

Location

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11605 Gulf Blvd Unit 501, Treasure Island$585,000

Buyer Closing Credits

$6,947*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Covered, Ground Level, Guest, Off Street, On Street, Reserved, Under Building
Year Built2008
HeatingElectric, Heat Pump
CoolingCentral Air
ViewCity, Pool, Water
Private PoolYes
MLS #U8226605
Lot Size1.16 Acres
StatusActive

About 11605 Gulf Blvd Unit 501

Introducing an exceptional vacation rental property on the market: boasting an impressive $57,862.94 in rental revenue for 2022. The current owner strategically reserved 55 nights for personal use and an additional 11 nights for maintenance, potentially unlocking an extra $13,200 in annual income. As featured on Beachfront Bargain Hunt for its outstanding value, Crystal Palms Beach Resort offers a two-bedroom, two-bathroom fifth-floor unit with a captivating Southwest corner position, providing a breathtaking view of the Gulf of Mexico. The expansive wrap-around balcony, perfect for lounging and al fresco dining, elevates the experience of enjoying the sunset. Crystal Palms welcomes short-term rentals, making this property an ideal choice for those seeking a contemporary beach retreat with a lucrative rental income. The unit is being sold fully furnished, allowing for immediate occupancy upon closing or seamless integration into the vacation rental market. The kitchen boasts luxury with updated GE appliances, granite countertops, and an in-unit washer and dryer. This unit is equipped with three flat-screen TVs, balcony access from both the living room and master bedroom, and an owner's closet for personal items. The master bedroom features a king bed, an en-suite bathroom, and an additional vanity sink, while the second bedroom is also en-suite with access from the living area. Recent upgrades include fresh paint, new faucets, and tall highline toilets. The building itself, recognized with architectural awards, comes with storm doors and windows. Enjoy the outdoor heated pool and spa surrounded by lush tropical landscaping, and benefit from the convenience of an assigned parking space under the building. With a minimum one-night rental requirement (though the average stay is six nights), owners can use the unit for up to 90 days annually. Financing options are available, and potential buyers are encouraged to explore Vacation Rental Tax Benefits outlined in IRS Publication 527. Situated close to two international airports, John's Pass Boardwalk, Downtown St. Pete, and major sports venues, this property is not just a great vacation rental but also an ideal investment for those considering a 1031 exchange. Book your exclusive showing appointment today and step into a lifestyle where beach living meets financial gain!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2008
  • Stories: 6
  • Living Area: 914 SqFt

Listing Office:

  • Office Name: COASTAL PROPERTIES GROUP
  • Office Phone: (727) 493-1555
  • Listing Agent: Jill Helgren

Interior Features

Interior Information:

  • Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Laminate
  • Interior: Built-in Features, Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Open Floorplan, Split Bedroom, Thermostat

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: City, Pool, Water
  • Exterior: Balcony, Garden, Irrigation System, Lighting, Outdoor Grill, Sidewalk, Sliding Doors

Parking Information:

  • Parking: Assigned, Covered, Ground Level, Guest, Off Street, On Street, Reserved, Under Building

Virtual/3D Tour

  • Virtual Tour: 11605 Gulf Blvd Unit 501

Virtual Tour

Lot Features

Lot Information:

  • Lot: Flood Zone, City Lot, Landscaped, Near Public Transit, Sidewalk, Paved
  • Lot Size: 1.16 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Boca Ciega High School, Public Magnet Grades 9-12
  • Azalea Middle School, Public District Grades 6-8
  • Azalea Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Central Ave to 107th Ave. Right on Gulf Blvd. Right on 116th Ave. Left on 1st St E. Left into parking lot.

Price Information

Listing Price Info

Price Summary:

  • List Price: $585,000
  • Price Per SqFt: $640/SqFt

HOA Fees:

  • Amount: $1540
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Treasure Island, FL.

Med. Sold Price

$745K

Med. Price/SqFt

$574

Avg. Days On Market

75

# of Sold Homes

27

11605 Gulf Blvd Unit 501 vs Treasure Island

106 DAYS ON ROCKET

+31 Days

$585,000

-$160K Less

$640/SqFt

+$66 More

KEY TAKEAWAY

This property is $160K less than the Median Sold Price and $66/SqFt more than other homes in Treasure Island, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #U8226605

Listing Office:

  • Office Name: COASTAL PROPERTIES GROUP
  • Office Phone: (727) 493-1555
  • Listing Agent: Jill Helgren

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/28/2024, 12:19:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,527

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,820

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2240550
5
/10
  • Azalea Elementary School

  • 1680 74th St N

  • 2.21 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2240551
2
/10
  • Azalea Middle School

  • 7855 22nd Ave N

  • 2.18 miles

  • Public District Grades 6-8

High School

school-card-donut-2240552
3
/10
  • Boca Ciega High School

  • 924 58th St S

  • 4.08 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,139. Typical income of Treasure Island, FL residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 11605 Gulf Blvd Unit 501

What is the listing price of this property?

The listing price of 11605 Gulf Blvd Unit 501 property is $585,000.

What type of property is this?

The property 11605 Gulf Blvd Unit 501 is a condo located in Treasure Island, Florida, 33706.

Is this property for sale now?

Active Listing: 11605 Gulf Blvd Unit 501 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 11605 Gulf Blvd Unit 501 are:
Azalea Elementary School: GreatSchools Rating 5/10
Azalea Middle School: GreatSchools Rating 2/10
Boca Ciega High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 11605 Gulf Blvd Unit 501 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 11605 Gulf Blvd Unit 501 is 914 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 11605 Gulf Blvd Unit 501 is 2008.

Rocket Homes›Florida›Pinellas County›Treasure Island›33706›11605 Gulf Blvd Unit 501

This home is located at 11605 Gulf Blvd Unit 501 in Treasure Island, FL and zip code 33706 in the Treasure Island Downtown neighborhood. This 914 square foot home, which was built in 2008, sits on a 1.16 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 12, 2024 and is currently priced at $585,000.

While more than 0 listings in Treasure Island, FL in March 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 23 were sold below. The number of listings in Treasure Island, FL increased by 12.5% between February 2024 and March 2024. In March 2024, listings were on the market for 75 days. During the same period, the median list price in this real estate market was $745,000.

From Rocket Homes Real Estate and based on county public records data.

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