Treasure Island Condo with Marina
10355 PARADISE BOULEVARD 207 Treasure Island, FL 33706
10355 PARADISE BOULEVARD 207, Treasure Island, FL, 33706
$279,000
For Sale
$279,000
Renovated 1-bedroom condo with water views and modern amenities.
Property Size865 SF
Lot Size1.93 Acres
Price / SF$322.54
Days on Market534
Property Features for 10355 PARADISE BOULEVARD 207
General Information
- Standard status
- Active
- Size
- 865 SF
- Lot size
- 1.93 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1963
Listing Agency
SANDCASTLE REALTY INC
(860) 808-7191
Listed by
Zak Odell · License #3521763
(860) 808-7191
Source
Exitrealty
Added: Jan 31, 2025 Checked: May 20 at 12:51 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SANDCASTLE REALTY INC
Investment Insights
Based on property information with market context.
Located in Treasure Island, this renovated condominium offers proximity to the beach and water views. The 1-bedroom, 1-bathroom unit features a fully updated kitchen with new cabinets, granite countertops, and stainless steel appliances. New tile flooring complements the kitchen space, which opens to a spacious living room suitable for a full dining set. Natural lighting enhances the interior, with views of sunrises and the intracoastal waterway. The enclosed porch, accessible from the living room, overlooks the private marina, outdoor pool, jacuzzi, and outdoor grill area. The bedroom includes views of the intracoastal waterway and closet space. The remodeled bathroom features a walk-in shower. A laundry closet houses a new washer and dryer, with extra storage space available. The unit includes a carport spot. The property size is 865 square feet. Leasing is permitted with a 3-month minimum, and subletting is not allowed. The building offers management and security during the week.
Key Highlights
- Renovated 1‑bedroom condo featuring a new kitchen with granite countertops and stainless steel appliances, and a remodeled bathroom with walk‑in shower.
- Enjoy stunning water views from the enclosed porch overlooking the private marina, pool, jacuzzi, and grill area.
- Centrally located in Treasure Island, close to the beach.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.6k | $18.00 |
| − Vacancy | −$1.1k | −$1.28 |
| EGI | $14.5k | $16.72 |
| − OpEx | −$6.5k | −$7.52 |
| NOI | $8.0k | $9.20 |
865 SF · lease $18.00/SF/yr · vacancy 7.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$113.6K
$99.4K – $132.6K
NOI $7,955 @ 7.0% cap · market cap 2.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$225.0K
$196.9K – $262.5K
NOI $15,750 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - Renovated 1-bedroom condo with water views and modern amenities.
Where is this residential income property located?
The property is located at 10355 PARADISE BOULEVARD 207 Treasure Island, FL.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Renovated 1‑bedroom condo featuring a new kitchen with granite countertops and stainless steel appliances, and a remodeled bathroom with walk‑in shower.; Enjoy stunning water views from the enclosed porch overlooking the private marina, pool, jacuzzi, and grill area.; Centrally located in Treasure Island, close to the beach.
