12000 Gulf Boulevard Unit 408-N, Treasure Island, FL 33706

$820,000
2
BD
2
BA
870
SqFt

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Sold Price
$820,000
List Price
$825,000
Status
Sold
Days on Market
1
Closing Date
Nov 20, 2023
MLS#
U8218312
Property Style
Condo - Hotel
Architectural Style
Contemporary
Year Built
2006
Bedrooms
2
Bathrooms
2
Living Area
870
Lot Size
149,842
Acres
3.44
Total Acreage
2 to less than 5
Legal Subdivision Name
Sunset Vistas Condo Hotel On The Gulf
MLS Area Major
Pass a Grille Bch/St Pete Bch/Treasure Isl

Property Description

Situated on the desirable sunset side of the building, discover this refined fourth-floor condo at Sunset Vista, a true piece of paradise. Featuring 2 bedrooms and 2 bathrooms, it provides a tranquil retreat with breathtaking vistas of the beach and the mesmerizing Gulf of Mexico. But this condo isn't just a serene sanctuary; it's also a savvy investment. 2023 past and current bookings have a rental revenue of $59,662 and more booking daily. The owner reserved 31 nights for personal use in 2023. By renting it at an average rate of $263 per night (average from the management company), you could potentially add another $8.153, resulting in a total potential rental revenue of $67,815. Naturally, your earnings may vary depending on your personal usage. Recently modernized, this unit promises contemporary comfort and convenience, complete with an owner's closet for your personal belongings. Sunset Vista Condo/Hotel offers a range of resort-style amenities, including a beachfront pool, spa, a unique children's pool with fountains and spa, a tiki bar, café, and a fitness center. Nestled on the powdery sands of Treasure Island, it affords you front-row vistas of the azure Gulf of Mexico and is only a brief half-mile stroll from the renowned John's Pass. This is a seamless opportunity, presenting a fully-equipped kitchen with granite countertops, a breakfast bar, dining area, living room, three flat-screen TVs, and a washer/dryer. Embrace the beachfront lifestyle effortlessly, whether you choose to manage the property through an on-site management company or take charge yourself, perhaps with the support of an off-site rental company. Sunset Vista boasts a well-established reputation as a sought-after vacation destination, backed by a proven track record, satisfied repeat guests, and a dependable flow of rental income. For potential insights into tax benefits associated with vacation rentals, consult IRS Publication 527. Additionally, this property is a compelling option for a 1031 exchange. In addition to all these remarkable features, your unit comes with the convenience of an assigned covered, parking spot. This is a one-of-a-kind opportunity; don't miss your chance to explore this exceptional condo and all it has to offer – schedule your viewing today.

Additional Information

Taxes
$7589
Minimum Lease
1-7 Days
Hoa Fee
$826
HOA Payment Schedule
Monthly
Maintenance Includes
Cable TV, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Pest Control, Pool, Security, Sewer, Trash, Water
Community Features
Fishing, Fitness Center, Pool, Restaurant, Sidewalks, Water Access, Waterfront, No Deed Restriction
Property Description
One Story
Interior Layout
Ceiling Fans(s), Living Room/Dining Room Combo, Solid Surface Counters, Window Treatments
Interior Features
Ceiling Fans(s), Living Room/Dining Room Combo, Solid Surface Counters, Window Treatments
Floor
Carpet, Laminate
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
Utilities
Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block, Concrete
Exterior Features
Balcony, Sliding Doors
Roof
Built-Up
Foundation
Pillar/Post/Pier
Pool
Community, Private
Pool Type
Deck, Gunite, In Ground, Lighting, Tile
Garage Features
Assigned, Covered, Ground Level, Guest, Off Street, Reserved, Under Building
Fences
Vinyl
Water View
Beach, Gulf/Ocean - Partial
Water Access
Beach, Gulf/Ocean
Water Frontage
Gulf/Ocean
Pets
Not Allowed
Floor Number
4
Flood Zone Code
AE
Parcel ID
23-31-15-88293-014-4080
Legal Description
SUNSET VISTAS CONDO HOTEL ON THE GULF CONDO UNIT 408-N

Listing courtesy of COASTAL PROPERTIES GROUP. 727-493-1555

Selling Office: FOREVER FLORIDA REAL ESTATE.

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