For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $745,000
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 1,310 sqft
Price per Sqft $568
Subdivision Palms Of Treasure Island Condo
MLS Listing ID U8201994
Sold Date 07/24/23
Bedrooms 3
Full Baths 3
Condo Fees $750
Construction Status Financing,Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 2007
Annual Tax Amount $6,825
Property Description
“Prime Exclusive” 3 bedroom 3 full baths in a class by itself. The only 3/3 in the complex. 1310 sq/ft living space plus a huge balcony facing towards the Gulf of Mexico. The third bedroom has access to the balcony. Amazing floor plan with a generous rental income. 2022 occupancy rate of 75.26% with a gross income of $65,963 and net to owner from the rental management of $54,187. Going stronger for 2023. So far, all the 2023 calendar bookings = a gross of $68,634 to owner $55,712. Newer Luxury vinyl flooring, FULL FUNCTION KITCHEN WITH GRANITE COUNTERS, in-unit washer and dryer, tastefully furnished. HOT WATER HEATER REPLACED FEBUARY 2023. AC SYSTEM REPLACED May 2022. Finest CONDO/HOTEL on the Island. "A MUST SEE". Beautifully landscaped surroundings, WATERFRONT thermo-heated pool & spa. Under building parking & plentiful guest parking. Located across the road to the GULF OF MEXICO and the best beach on Treasure Island/ Shopping/ restaurants. A steady, GENEROUS RENTAL INCOME AND GETTING BETTER EVERYDAY. Start earning right away. Add this one to your 401K. Monthly condo fee includes Cable TV, Escrow Reserves Fund, Insurance, Internet, Maintenance Grounds, Water, trash removal. NICE VALUE! Showings available between guests.
Location
State FL
County Pinellas
Community Palms Of Treasure Island Condo
Interior
Interior Features Ceiling Fans(s), High Ceilings, Open Floorplan, Split Bedroom, Window Treatments
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Vinyl
Furnishings Furnished
Fireplace false
Appliance Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Exterior
Exterior Feature Balcony, Irrigation System, Lighting
Garage Guest, Under Building
Pool Gunite, Heated, In Ground
Community Features Buyer Approval Required, Pool, Water Access
Utilities Available Cable Connected, Sewer Connected, Water Connected
Amenities Available Dock, Elevator(s), Pool
Waterfront Description Intracoastal Waterway
View Y/N 1
Water Access 1
Water Access Desc Intracoastal Waterway
View Water
Roof Type Other
Garage false
Private Pool No
Building
Lot Description Landscaped, Sidewalk
Story 4
Entry Level One
Foundation Slab
Lot Size Range Non-Applicable
Sewer Public Sewer
Water Public
Structure Type Block, Cement Siding, Stucco
New Construction false
Construction Status Financing,Inspections
Others
HOA Fee Include Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Pool, Sewer, Trash, Water
Senior Community No
Ownership Condominium
Monthly Total Fees $750
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with SOUTHERN ROOTS REALTY, LLC
GET MORE INFORMATION