11730 Gulf Blvd Unit 5, Treasure Island, FL 33706

$215,000
1
BA
265
SqFt

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Sold Price
$215,000
List Price
$232,000
Status
Sold
Days on Market
16
Closing Date
Mar 25, 2025
MLS#
TB8350621
Property Style
Condo - Hotel
Year Built
1950
Bathrooms
1
Living Area
265
Lot Size
43,772
Acres
1
Total Acreage
1 to less than 2
Building Name
5
Monthly Condo Fee
775
Legal Subdivision Name
Tropic Terrace Apt
MLS Area Major
Pass a Grille Bch/St Pete Bch/Treasure Isl

Property Description

CALLING ALL BEACH LOVERS! YES, CALLING ALL BEACH LOVERS who have always dreamt to have the BEACH as their BACKYARD, like toes in the sand backyard! Here is your chance for an affordable opportunity, $100,000 LESS than the same size unit in the same community. Wow!! This property is a true Gulf Boulevard address with no busy, crowded streets to cross, ever, to get to the beach! This West side of Gulf Boulevard direct beachfront Condo Hotel, has graced our Treasure Island Community for over 75 years. Tropic Terrace Resort is known to be a mid-century modern, quaint, boutique-style condo hotel ready for you to own and make your own coastal retreat. Enjoy rental income as well if you'd like or use it just as your private, tropical, tiny oasis. Full-time living is also an option. This studio style condo hotel unit was impacted by Hurricane Helene flooding but the owner has already had it professionally remediated for its next owner who gets to decide how they’d like to renovate and decorate it to their own style and pleasure, so “pardon our dust”. The sellers say the estimated renovation costs are between $20,000 to $25,000 (based on your personal taste). Tropic Terrace is a waterfront community with amenities that include a pool, extra secured owner storage, ample parking, and all utilities including electricity! This cozy studio unit has 1 bathroom and 265 square feet on the ground floor all situated on the sugary sands of the Gulf. CHECK OUT ALL THE AMAZING REVIEWS OF #5 FROM PAST, SATISFIED VACATION RENTERS ON the exclusive on-site management rental company website! Take a lovely walk on the picturesque beach trails to enjoy Treasure Island dining without having to walk along the busy streets. No pets or smoking allowed in the community. Don't miss this opportunity to enjoy FLORIDA BEACH LIVING! The cooperative milestone inspections and reserve study has been completed. The AC and Heat wall unit was replaced in 2023. Tropic Terrace underwent major renovations about four years ago totaling $1.4 million to include structural and concrete repairs, new railings and columns, 2nd and 3rd floor coatings, and hurricane doors and windows. The pool area is being renovated and re-designed.

Additional Information

Taxes
$2734
Minimum Lease
No Minimum
HOA Payment Schedule
Monthly
Maintenance Includes
Cable TV, Pool, Electricity, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Sewer, Trash, Water
Condo Fees
$775
Condo Fees Term
Monthly
Community Features
Association Recreation - Owned, Buyer Approval Required, Community Mailbox, Pool, Sidewalks, No Deed Restriction
Property Description
One Story
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Floor
Tile
Appliances
None
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Heating
Electric, Wall Units / Window Unit
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Block, Stucco, Wood Frame
Exterior Features
Courtyard, Sidewalk
Roof
Concrete
Foundation
Slab
Pool
Community
Elementary School
Azalea Elementary-Pn
Middle School
Azalea Middle-Pn
High School
Boca Ciega High-PN
Water View
Beach, Gulf/Ocean - Partial
Water Access
Beach, Gulf/Ocean
Pets
Not Allowed
Floor Number
1
Flood Zone Code
AE/VE
Parcel ID
23-31-15-92078-000-0050
Legal Description
TROPIC TERRACE APARTMENT HOTEL CO-OP (UNREC) (99 YR LEASE 5/15/1950) APT 5

Listing courtesy of CHARLES RUTENBERG REALTY INC. 866-580-6402

Selling Office: REALTY ONE GROUP SUNSHINE.

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