$510,000
About this home
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!
Highlights
Property details
- MLS
- Stellar MLS
- MLS #
- MFRTB8329499
- Property type
- Condo - Hotel
- Subdivision
- CRYSTAL PALMS BCH RESORT AT TREASURE ISLAND CONDO
- Status
- Active
- Days on market
- 663
- On market date
- December 11, 2024
- Stories
- N/A
- Total bathrooms
- 2
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 1.16 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 306
- Student:teacher ratio
- 13.3:1
- District
- PINELLAS
- Enrollment
- 807
- Student:teacher ratio
- 18.8:1
- District
- PINELLAS
- Enrollment
- 240
- Student:teacher ratio
- 48.0:1
- District
- PINELLAS
Walkability
Blended score for TREASURE ISLAND's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in TREASURE ISLAND, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 19 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.