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5500 Gulf Boulevard , #7221

St Pete Beach, FL 33706
  • $630,000
  • STATUS: Closed
  • ON SITE: 338 Days
  • MLS #: U8210354
Sold - 03/05/2024
$630,000
SOLD - 03/05/2024
  • 1
    BEDS
  • 0.26
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 535
    SQFT
  • $0
    $/SQFT

School Ratings & Info

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.

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-07-18T20:49:08.287.
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5500 Gulf Boulevard , #7221 St Pete Beach, FL 33706

  • Price: $649,000
  • Status: Closed
  • On Site: 338 Days
  • Updated: 90 min ago
  • MLS #: U8210354
1
Beds
1
Baths
0
½ Baths
0.26
Acres
535
SQFT
$0
$/SQFT
1990
Built
Neighborhood:
Jacaranda Beach Villas Condo
County:
Pinellas
Area:
St Pete/Pass A Grille Beach/St Pete Beach/Treasure Island
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.
Exterior Features

Additional Water Information Tripadvisor released their list for Top 25 Beaches in the U.S. and St. Pete Beach came in at #1! It's also ranked as the 5th best beach in the world for 2021. Architectural Style ContemporaryFlorida Attached Garage Yn No Carport Yn No Construction Materials Block Direction Faces East Exterior Features BalconyCourtyardSliding DoorsTennis Court(s) Foundation Details Slab Lot Features CoastalConstruction Control LineFloodZoneCity LotLandscapedNear Public TransitSidewalk Open Parking YN Yes Parking Features Open Pool Features GuniteHeatedIn Ground Pool Private Yn Yes Road Frontage Type Street Paved Road Surface Type PavedAsphalt Roof Built-Up Spa Features Heated Spa YN Yes View Water Water Access BeachGulf/Ocean Water Access Yn Yes Water Body Name Gulf Of Mexico Water Extras Yn No Water View BeachGulf/Ocean - Full Water View Yn Yes Waterfront Features WaterfrontGulf/OceanGulf/Ocean to Bay Waterfront Feet Total 0 Waterfront Yn Yes

Interior Features

Appliances CooktopMicrowaveRefrigerator Building Area Total 535 Building Elevator Yn Yes Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring CarpetPorcelain Tile Furnished Furnished Heating Electric Heating YN Yes Interior Features Eating Space In KitchenElevatorLiving Room/Dining Room Combo Levels One Rooms Master Bedroom Living Room Kitchen Sewer Public Sewer Stories Total 7 Water Source Public Window Features BlindsDrapes

Property Features

Association Amenities Cable TVElevator(s)Fitness CenterGatedMaintenancePoolSecuritySpa/Hot TubTennis Court(s) Association Fee Includes 24-Hour GuardCable TVCommon Area TaxesCommunity PoolElectricityEscrow Reserves FundInsuranceInternetMaintenance StructureMaintenance GroundsMaintenance RepairsManagerOtherPest ControlPool MaintenancePrivate RoadRecreational FacilitiesSecuritySewerTrashWater Association Fee Requirement None Association Montly Maint Amt Add To Hoa 0 Association Yn No Building Name Number JACARANDA Cdd Yn No Community Features FishingWater AccessWaterfrontPlaygroundPoolSidewalksTennis Court(s) Condo Fee Monthly Amount 865 Condo Fees 865 Condo Fees Term Monthly Condo Land Included Yn No Flood Zone Code VE Floor Number 7 Garage Yn No Homestead Yn No Lease Considered YN No Listing Terms CashConventional New Construction Yn No Ownership Condominium Pets Allowed No Property Condition Completed Property Sub Type Condo - Hotel Realtor Info As-IsDocs AvailableNo Sign Security Features Gated CommunityKey Card EntrySecurity GateSmoke Detector(s) Senior Community Yn No Special Listing Conditions None Tax Annual Amount 7147 Total Annual Fees 10380 Total Monthly Fees 865 Utilities BB/HS Internet AvailableCable ConnectedElectricity ConnectedPhone AvailableSewer ConnectedStreet LightsWater Connected Zoning RES


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of COASTAL PROPERTIES GROUP: 727-493-1555.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-07-18T20:49:08.287.
 
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