12000 Gulf Boulevard Unit 206N, Treasure Island, FL 33706

$725,000
2
BD
1.5
BA
870
SqFt
List Price
$725,000
Status
Active
Days on Market
23
MLS#
TB8304858
Property Style
Condo - Hotel
Architectural Style
Contemporary, Florida
Year Built
2006
Bedrooms
2
Bathrooms
1.5
Baths Half
1
Living Area
870
Lot Size
149,842
Acres
3.44
Total Acreage
2 to less than 5
Building Name
North
Legal Subdivision Name
Sunset Vistas Condo Hotel On The Gulf
MLS Area Major
Pass a Grille Bch/St Pete Bch/Treasure Isl

Property Description

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 café, 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!

Additional Information

Taxes
$9307
Minimum Lease
1-7 Days
Hoa Fee
$1,088
HOA Payment Schedule
Monthly
Maintenance Includes
Cable TV, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Pest Control, Pool, Recreational Facilities, Security, Sewer, Trash, Water
Location
FloodZone, City Limits, Near Marina, Near Public Transit, Sidewalk, Paved
Community Features
Fitness Center, Pool, Sidewalks, No Deed Restriction, Security
Property Description
One Story
Interior Layout
Accessibility Features, Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Thermostat
Interior Features
Accessibility Features, Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Thermostat
Floor
Carpet, Laminate
Appliances
Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range, Refrigerator, Washer
Utilities
Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Sprinkler Recycled, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block, Stucco
Exterior Features
Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sidewalk, Sliding Doors
Roof
Other
Foundation
Pillar/Post/Pier
Pool
Community, Private
Pool Type
Deck, Gunite, Heated, In Ground, Lighting, Tile
Garage Features
Assigned, Guest, Off Street, On Street, Reserved
Fences
Vinyl
Pets
Not allowed
Floor Number
2
Flood Zone Code
AE
Parcel ID
23-31-15-88293-014-2060
Legal Description
SUNSET VISTAS CONDO HOTEL ON THE GULF CONDO UNIT 206-N

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Listing courtesy of COASTAL PROPERTIES GROUP.

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