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Key Details
Sold Price $413,000
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 915 sqft
Price per Sqft $451
Subdivision Palms Of Treasure Island Condo
MLS Listing ID T3264498
Sold Date 06/29/21
Bedrooms 2
Full Baths 2
Construction Status Inspections
HOA Fees $525/mo
HOA Y/N Yes
Year Built 2007
Annual Tax Amount $4,338
Property Description
Immaculate, newly furnished and fully equipped 4th floor vacation rental condo built in 2007. Located across the street from Treasure Island?s Nice sandy beach with easy beach access and a supersized balcony offering amazing all-year views of the mesmerizing Gulf sunsets as well as a side view of the serene intercoastal waterways.
You will be torn between renting out throughout the year and bringing in an incredible income, or visiting for yourself as much as you can for that much needed rest and relaxation. The beautiful beach in Treasure Island is simply endless, never crowded and perfect for family vacations. You will love visiting for the International Kite Festival, and the International Sand Sculpture Festival each year, or watching the fireworks from the balcony (?best seat in the house?) on 4th of July.
What makes this unit unique is that it offers two queen size beds in the back bedroom, thus accommodating a total of 6 guests comfortably and not forcing anyone to sleep on the sofa. Families love it and renters cannot beat the weekly or longer-term pricing as compared to hotels. There are no minimum stay restrictions.
The kitchen and bathrooms boast stylish granite and custom maple cabinets. The Jacuzzi Whirlpool tub in the second bedroom is always a favorite after a day at the beach. The unit is tiled throughout (no dirty carpets), and the kitchen and bathrooms have beautiful travertine flooring.
The condo comes with luxurious brown furniture, stainless steel appliances, and a kitchen fully stocked for a vacationing family to feel like home.
The owners have established this unit as part of their vacation rental business for the past 10 years and a quarter of the year is routinely booked to returning renters. Existing reservations for the remainder of 2020 and for the Spring of 2021 (approximately $10,000), will be transferred to the buyer with renter agreement. The condo is rated 5-star (4.8/5) with vrbo and vacationrentals and has had 70 reviews over the years and a Premier Host standing.
The Palms of Treasure Island is a 3-star condo-hotel with 36 individually owned units and an HOA in great standing and excellent property management. There is plenty of parking with more than two spots per unit. The pool and hot tub deck at the back of the property overlooks the serene intercoastal waterway where dolphins frequently swim peacefully by. There is a fishing dock and plenty of fish to catch for those wanting to spend some relaxing time fishing.
The location is unbeatable, as Publix (grocery store) is located right next door, and a variety of restaurants, bars, ice cream shops and souvenir shops are only 2 blocks away.
Location
State FL
County Pinellas
Community Palms Of Treasure Island Condo
Interior
Interior Features Ceiling Fans(s)
Heating Central
Cooling Central Air
Flooring Carpet, Ceramic Tile
Fireplace false
Appliance Range, Refrigerator
Exterior
Exterior Feature Other
Community Features Deed Restrictions, Pool
Utilities Available BB/HS Internet Available, Cable Available
Amenities Available Cable TV, Pool
Waterfront Description Intracoastal Waterway
View Y/N 1
Roof Type Concrete
Garage false
Private Pool No
Building
Story 5
Entry Level One
Foundation Slab
Lot Size Range Non-Applicable
Sewer Public Sewer
Water Public
Structure Type Stucco
New Construction false
Construction Status Inspections
Others
Pets Allowed No
HOA Fee Include Cable TV,Escrow Reserves Fund,Insurance,Internet,Maintenance Grounds,Water
Senior Community No
Ownership Fee Simple
Monthly Total Fees $525
Acceptable Financing Cash
Membership Fee Required Required
Listing Terms Cash
Special Listing Condition None
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