12000 GULF BOULEVARD UNIT 509S
ST PETERSBURG, FL, 33706
$800,000
2 Beds
2 Baths
870 SqFt
3.44 Acres
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Under contract-accepting backup offers. Discover the magic of Treasure Island from this elevated fifth-floor condo, showcasing a fantastic vista of the Gulf of Mexico. Situated on the south side of the building, this unit provides a cozy retreat—keeping you warm in the winter and refreshed in the summer months. With a strong rental history, this unit has a steady income stream, having generated $88,130 in 2022 and $75,430 in 2023 (unit was out of service due to the remodel). Plus, explore potential tax advantages by consulting IRS Publication 527 and consider the property for a 1031 exchange. Step into a serene 2-bedroom, 2-bathroom sanctuary that invites you to unwind and soak in the panoramic views of the beach and the shimmering Gulf. Your parking spot is conveniently located adjacent to the elevator, making your daily comings and goings hassle-free. Recently revamped, this condo boasts modern GE Slate appliances, stylish laminate flooring, updated cabinets, and fresh paint throughout. For added convenience, there’s an owner’s closet to store your personal items securely. Immerse yourself in the resort-style amenities of Sunset Vista Condo/Hotel, where everyday feels like a vacation. Lounge by the beachfront pool, relax in the spa, or enjoy a refreshing drink at the tiki bar. Little ones will love the unique children’s pool with fountains and spa, while fitness enthusiasts can stay active at the on-site gym. Located on the pristine sands of Treasure Island, you’ll have front-row seats to the Gulf’s captivating waters. And just a short stroll away lies the vibrant John’s Pass, offering shopping, dining, and entertainment options. Inside, the condo features a spacious kitchen complete with granite countertops and a breakfast bar. The dining area flows seamlessly into the living room, equipped with three flat-screen TVs for your entertainment. A washer/dryer unit adds to the convenience of beachfront living. Maximize your investment potential with flexible management options. Whether you prefer a world-class on-site management company, an off-site management service, or self-management, the choice is yours. Sunset Vista has earned its reputation as a sought-after vacation destination, delighting guests with its amenities and generating consistent rental income. Seize this golden opportunity to own a piece of paradise. Schedule your viewing today and experience the unique charm of this exceptional condo for yourself.

Property Details

Price:
$800,000
MLS #:
U8239104
Status:
Pending
Beds:
2
Baths:
2
Address:
12000 GULF BOULEVARD UNIT 509S
Type:
Single Family
Subtype:
Condo – Hotel
Subdivision:
SUNSET VISTAS CONDO HOTEL ON THE GULF
City:
ST PETERSBURG
Listed Date:
Apr 16, 2024
State:
FL
Finished Sq Ft:
870
ZIP:
33706
Lot Size:
149,842 sqft / 3.44 acres (approx)
Year Built:
2006
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Interior

Appliances
Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Carpet, Vinyl
Heating
Central, Electric
Laundry Features
Laundry Closet

Exterior

Architectural Style
Contemporary
Community Features
Gulf/ Ocean Front, Water Access, Waterfront, Fitness Center, Pool, Restaurant, Sidewalks
Construction Materials
Block, Stucco
Exterior Features
Balcony, Irrigation System, Lighting, Outdoor Grill, Sidewalk, Sliding Doors, Sprinkler Metered
Parking Features
Assigned, Covered, Ground Level, Under Building
Roof
Other

Financial

Buyer Agent Compensation
2.5%-$395%
HOA Fee
$1,088
HOA Frequency
Monthly
HOA Includes
Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance, Security, Sewer, Trash, Water
Tax Year
2023
Taxes
$8,194

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Community

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12000 GULF BOULEVARD UNIT 509S
ST PETERSBURG, FL