$479,000
Active · 254 days on market · MLS# MFRTB8401616
| Bedrooms | 2 |
|---|---|
| Bathrooms | 2 |
| Living area | 914 sq ft |
| Lot size | 1.16 acres |
| Year built | 2008 |
| Property type | Condo - Hotel |
| Private pool | Yes |
| Waterfront | Yes |
| HOA fee | $1,285 |
| Annual taxes | $7,034 |
| County | Pinellas |
Discover the perfect balance of coastal charm and income potential in Unit 402 at Crystal Palms Beach Resort. This spacious two-bedroom, two-bath condo is ideally positioned on the fourth floor and offers a partial view of the Gulf from a covered balcony—an ideal setting for morning coffee or winding down at sunset. Generating $50,319 in rental income in 2024 and $42,451 in 2025. Building has been updated and painted in 2025/2026. This unit is already a strong performer for vacation rental investors or those seeking a 1031 exchange opportunity. Inside, you’ll find a contemporary kitchen with granite countertops, GE stainless steel appliances, and a convenient in-unit washer and dryer. Both bedrooms are well-appointed with full bathrooms, and the primary suite offers direct balcony access and a separate vanity area for added comfort. Crystal Palms Beach Resort offers resort-style amenities including a heated outdoor pool and spa, tropical landscaping, and assigned under-building parking. The building is constructed with storm-rated features and has no minimum rental restrictions, providing maximum flexibility whether self-managing or using a local rental company. In addition to this unit, the seller has one other condo currently available in the same building (502). Buyers are welcome to make an offer on this property alone or as part of a package deal. This is a rare opportunity to own multiple income-producing units in one of Treasure Island’s most sought-after resort communities. Schedule your private showing today and explore the potential of owning a piece of the beach—and a stream of steady rental income.
Listing courtesy of Jill Helgren, COASTAL PROPERTIES GROUP. Presented by MC Homes Realty Inc · 727432218.