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Income-Producing Condo in Crystal Palms
For Sale
$509,000

11605 GULF Blvd 506, Treasure Island, FL 33706

Turnkey, fully furnished condo with Gulf views and rental income.

Property Size914 SF
Days on Market130

Property Features for 11605 GULF Blvd 506

General Information

Standard status Active
Size 914 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $7,101

Building Details

Building Size 914 SF
Year Built 2008
Stories 6
Listing Agency: Keller Williams Gulf Beaches
Listed By: Jill Helgren · License #3230873
Source: Elliman
Added: Apr 24 Changed: Aug 27 Last Checked: Aug 28 at 4:34PM

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 Keller Williams Gulf Beaches

Investment Insights

Based on property information with market context.

Located on the fifth floor of the Crystal Palms Beach Resort in Treasure Island, Florida, Unit 506 is a two-bedroom, two-bath condo offering both comfort and functionality. The condo is fully furnished and managed by iTrip, a vacation rental company. The layout sleeps six with a hide-a-bed in the living room. The bedrooms feature laminate flooring, while the main living spaces have tile. The kitchen includes granite countertops and stainless steel appliances. Both bedrooms have en-suite bathrooms, with the primary suite providing balcony access and a separate vanity area. The private, covered balcony offers Gulf views. Crystal Palms Beach Resort amenities include a heated outdoor pool and spa with tropical landscaping, assigned under-building parking, and storm-rated construction. With one-night minimum rental restrictions, Unit 506 offers flexibility. The property is suitable for a 1031 exchange, a second home, or an investment property. The location is near John's Pass Village, downtown St. Petersburg, international airports, and beaches. The bike score is 26, indicating it is somewhat bikeable, and the walk score is 14, indicating it is car-dependent.

Key Highlights

  • Proven income‑producing property with established rental history and potential for high rental income.
  • Turnkey, fully furnished condo managed by a top‑rated vacation rental company (iTrip).
  • Enjoy Gulf views from a private, covered balcony.**

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Law Firm Auto Repair Shop Hair Salon HVAC Service Big Box & Wholesale Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

430
Businesses Nearby

Demographics for 33706, FL

15,309
Population
14,199
Households
1.1
Avg Household Size
60
Median Age
54%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
4,138
Density / Sq Mi
$97,364
Median Household Income
$80,504
Median Earnings
$1,646
Median Rent
$616,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Turnkey, fully furnished condo with Gulf views and rental income.
Where is this short term rental property located?
The property is located at 11605 GULF Blvd 506 Treasure Island, FL.
What is the asking price?
The asking price for this property is $509,000.
What are key features of this property?
This property features: Proven income‑producing property with established rental history and potential for high rental income.; Turnkey, fully furnished condo managed by a top‑rated vacation rental company (iTrip).; Enjoy Gulf views from a private, covered balcony.**
More about this property
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