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$510,000

11605 GULF BOULEVARD UNIT 502, TREASURE ISLAND, FL 33706

3D Tour
Active664 days on market

Beds

2

Baths

2

Sq Ft

914 sq ft

Year Built

2008

Lot Size

1.16 acres

Garage

,

About This Property

Experience the Allure of Treasure Island at Crystal Palms Beach Resort! Presenting Unit 502—a picturesque two-bedroom, two-bathroom condominium located on the fifth floor of the highly desirable Crystal Palms Beach Resort. Enjoy peaceful Gulf of Mexico views from your private, covered balcony—perfect for morning coffee or a relaxing evening cocktail. This beautifully furnished, turnkey unit is not just a tranquil beach escape—it’s also a proven revenue generator. Rental income was $56,405 in 2023, $49,842 in 2024, and $47,097 in 2025/2026. Building has been updated and painted in 2025. This makes this unit an ideal choice for investors or those considering a 1031 exchange. The interior features a contemporary kitchen with sleek granite countertops, stainless steel GE appliances, and a full-size washer and dryer for added convenience. Each bedroom includes an updated en-suite bathroom, offering privacy for guests. The spacious master suite features direct balcony access and an additional vanity area. Crystal Palms Beach Resort offers a heated outdoor pool and spa, tropical landscaping, storm-resistant construction, and assigned under-building parking. There are no restrictions on rental duration, allowing for nightly, weekly, or monthly rentals. Manage it yourself through Airbnb or hire a professional management company—your choice. Explore the potential tax benefits outlined in IRS Publication 527 and consider the strong financial upside of owning a vacation rental just moments from John’s Pass, downtown St. Pete, and Tampa Bay’s major sports venues. Even more exciting, this unit is one of two currently available by the same seller in the building (Units 402, 502 ). Buyers are welcome to purchase individually or as part of a rare multi-unit investment package in one of Treasure Island’s most consistent income-producing resort communities. Schedule your private showing today and seize the opportunity to enjoy the beach lifestyle while building long-term wealth!

Property Overview

Property TypeResidential
Sub TypeCondo - Hotel
MLS #TB8329499
StatusActive
Year Built2008
Stories6
Total Rooms4
ConstructionBlock, Stucco
RoofMembrane
FoundationPillar/Post/Pier
FacesEast
SubdivisionCRYSTAL PALMS BCH RESORT AT TREASURE ISLAND CONDO
CountyPinellas
OwnershipFee Simple
FurnishedFurnished

Interior Features

InteriorCeiling Fan(s), Living Room/Dining Room Combo, Solid Surface Counters, Split Bedroom, Thermostat, Window Treatments
FlooringLaminate
AppliancesDishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Trash Compactor, Washer
LaundryInside, Laundry Closet
WindowsBlinds, Drapes
CoolingCentral Air
HeatingCentral, Electric

Exterior & Lot

ExteriorBalcony, Lighting, Sidewalk, Sliding Doors
Lot Size1.16 acres (50,565 sq ft)
Lot FeaturesFloodZone, City Lot, Near Public Transit, Sidewalk
Road SurfacePaved
ViewPool, Water

Pool & Spa

Private PoolYes
Pool FeaturesDeck, Gunite, Heated, In Ground, Lighting, Tile
SpaHeated, In Ground

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected

Parking

GarageNo

HOA & Community

HOAYes
HOA Fee$1,285 / Monthly
Senior CommunityNo

Financial Details

List Price$510,000
Original Price$585,000
Annual Taxes$6,715 (2023)
FinancingCash, Conventional
Parcel #233115200020005020

Directions

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

Location

11605 GULF BOULEVARD UNIT 502, TREASURE ISLAND, FL 33706

Listing Information

OfficeCOASTAL PROPERTIES GROUP
ListedDecember 11, 2024

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Home Price

$510,000

20% ($102,000)
6.75%

Loan Term

Principal & Interest$2,646
Property Tax (est.)$468
Insurance (est.)$150
Total Monthly$3,264
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How to Buy This Home

Multiple financing options available for this $510,000 home in TREASURE ISLAND.

🏦

Conventional

$25,500 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Pinellas County SHIP

Varies

Income-qualifying Pinellas residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee, just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: October 5, 2026.

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