Active

5500 GULF BLVD #7256

ST PETERSBURG FL, 33706

$389,000


$1,296.67 per sqft

Active

1 Bed

1 Bath

300 sqft

Condo

Built in 1990

This top 7th floor end unit Condo-Hotel residence offers both Gulf and Bay panoramic water views in every direction at an exceptional price. It is almost like having 2 balconies. Excellent total turn-key rental income from the first class management rental program that is already in place. The existing rental management agreement with the Tradewinds resort transfers to buyer. The Tradewinds offers over 1000' of Sandy Gulf-Front Beach on over 20 acres that will have you feel as though you are in a tropical paradise. There are 7 pools, 13 food and beverage outlets, water slides and water activities, fitness facilities and tennis courts. Relax on paddle-boat rides through the resort's winding waterways. This is just a few of the many amenities. The Tradewinds has a long established track record with hosting many weddings and conventions. This is an opportunity that some local Florida owners do to use the AAA 4 Diamond rated Jacaranda Beach Villas at the TradeWinds as their beach get away. They are welcome to use all the facilities and beach even when their room is rented (some exclusions apply). Owners enjoy 20% off Tradewinds amenities. Many owners own several units indicating that they are very satisfied with the financial aspects as well as a vacation escape for up to 28 days per year. This condo hotel gives you the best of both worlds - sun & fun with some of the best financial return for a quality property. This unit has a cash reserve balance of approximately $12,000. Fantastic opportunity!

U8240244

MLS ID

April 25, 2024

Listed

May 4, 2024

Updated

Map

5500 GULF BLVD #7256
ST PETERSBURG FL, 33706

Interior Features

Total Stories

7


Bedrooms

1


Total Bathrooms

1


Interior Features

Ceiling Fans(s), Eat-in Kitchen, Elevator, Living Room/Dining Room Combo


Appliances

Cooktop, Microwave, Refrigerator


Laundry Description

Laundry Room


Floor Description

Carpet, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.34 Acres


Exterior Features

Courtyard, Sliding Doors, Tennis Court(s)


Lot Features

Coastal Construction Control Line, Flood Zone, City Limits, Landscaped, Near Public Transit, Sidewalk, Paved


Architectual Style

Contemporary, Florida


Roof

Built-Up


Sewer

Public Sewer

Other Property Details

Area Name

33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl


Taxes

$3,962


Tax Frequency

Annually


Days on Market

8


Association Amenities

Cable TV, Elevator(s), Fitness Center, Gated, Laundry, Pool, Security, Shuffleboard Court, Tennis Court(s)


Garage

No


Parking

Open


View

No


County

Pinellas


Municipality

32


Water Source

Public


Pool

Yes


Pool Features

Gunite, Heated, In Ground


Waterfront

Yes


Buyer Agency Compensation

2.5%-$350

Listed by George Morgan, with COASTAL PROPERTIES GROUP
Listing Contact: 727-493-1555 

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