St Pete Beach, FL 33706,5500 GULF BLVD #7221
St Pete Beach, FL 33706,5500 GULF BLVD #7221
St Pete Beach, FL 33706,5500 GULF BLVD #7221
St Pete Beach, FL 33706,5500 GULF BLVD #7221
St Pete Beach, FL 33706,5500 GULF BLVD #7221
St Pete Beach, FL 33706,5500 GULF BLVD #7221
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$630,000

$649,000

2.9%
Est.Price: ?

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Est. payment /mo

1 Bed

1 Bath

535 SqFt


SOLD DATE : 03/05/2024

Key Details

Sold Price $630,000

Property Type Condo

Sub Type Condo - Hotel

Listing Status Sold

Purchase Type For Sale

Square Footage 535 sqft

Price per Sqft $1,177

Subdivision Jacaranda Beach Villas Condo

MLS Listing ID U8210354

Bedrooms 1

Full Baths 1

Condo Fees $865

Year Built 1990

Annual Tax Amount $7,147

Lot Size 0.260 Acres

Property Description

***DIRECT GULF FRONT***. A premier unit in the 4 Diamond AAA TradeWinds. This unit is a rarely available top floor (7th) 1 bedroom suite with separate living area. Enjoy luxurious tropical beach life in your hotel-condo at The TradeWinds Island Grand Resort up to 28 days a year while earning revenue through the highly successful TradeWinds Rental Program. On-site management handles all rental arrangements through the TradeWinds Rental Management agreement. Completely turnkey with no work from the owner required. Units have been recently renovated and are fully furnished. Excellent total turn-key rental income from the first class management rental program is already in place. Ideal for a 1031 IRS Tax Deferred Exchange. The 2022 Gross rental income was $122,343 and the Net Income to the owner after all expenses and property taxes were paid was $36,136 yielding a 5.17% return. The Reserve Account balance for this unit is a very healthy $20,584 (as of 6/20/23). There are 7 pools, 13 restaurants, water slides, fitness program, tennis, mini golf, zip lining, jet ski rentals, beach volleyball, private cabanas, and relaxing paddle boat rides through through the onsite waterways.This Condo-Hotel suite has two queen beds in a separate bedroom and a sofa bed that pulls out into a double bed in the other room. The TradeWinds Resort is located on 20 acres with 1000' of beautiful, wide, sand beach with world class management & staff. The TradeWinds has a long established track record with hosting many weddings and conventions. Hurry these prime units do not last! View Virtual Tour Link 2.

Location

State FL

County Pinellas

Community Jacaranda Beach Villas Condo

Zoning RES

Interior

Heating Electric

Cooling Central Air

Flooring Carpet, Tile

Exterior

Exterior Feature Balcony, Courtyard, Sliding Doors, Tennis Court(s)

Parking Features Open

Pool Gunite, Heated, In Ground

Community Features Playground, Pool, Sidewalks, Tennis Courts

Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Water Connected

Amenities Available Cable TV, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Security, Spa/Hot Tub, Tennis Court(s)

Waterfront Description Gulf/Ocean,Gulf/Ocean to Bay

View Y/N 1

Water Access 1

View Water

Roof Type Built-Up

Building

Lot Description CoastalConstruction Control Line, FloodZone, City Limits, Landscaped, Near Public Transit, Sidewalk, Paved

Story 7

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Monthly Total Fees $865

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by COASTAL PROPERTIES GROUP
Bought with SEASALT PROPERTIES

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