$630,000
5500 GULF BLVD #7221, ST PETE BEACH, 33706
5500 GULF BLVD #7221
***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.
Listing Courtesy of
COASTAL PROPERTIES GROUP
Gallery
Details
Status
- Closed
Area
- JACARANDA BEACH VILLAS CONDO
Total Monthly Fees
- 865.00
Condo Fees
- 865
Construction Materials
- [Block]
Flooring
- [Carpet, Tile]
Cooling
- [Central Air]
Community Features
- [Playground, Pool, Sidewalks, Tennis Courts]
Exterior Features
- [Balcony, Courtyard, Sliding Doors, Tennis Court(s)]
Heating
- [Electric]
Interior Features
- [Eat-in Kitchen, Elevator, Living Room/Dining Room Combo]
Lot Features
- [CoastalConstruction Control Line, FloodZone, City Limits, Landscaped, Near Public Transit, Sidewalk, Paved]
Parking Features
- [Open]
Association Amenities
- [Cable TV, Elevator(s), Fitness Center, Gated, Maintenance, Pool, Security, Spa/Hot Tub, Tennis Court(s)]
Pets
- [No]
Pool Features
- [Gunite, Heated, In Ground]
Water View
- Beach,Gulf/Ocean - Full
Security Features
- [Gated Community, Key Card Entry, Security Gate, Smoke Detector(s)]
Spa Features
- [Heated]
Utilities
- [BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Water Connected]
Vegetation
- [Mature Landscaping]
View
- [Water]
Water Source
- [Public]
Pet Information
- Pets Allowed[No]
Lease Information
- Available For LeaseNo
Compensation Information
- Buyer Agent2.5%-$350
- Transaction Broker2.5%-$350
- Non-Rep1%-$350
Location
- CityST PETE BEACH
- CountyPinellas
- Major AreaPass a Grille Bch/St Pete Bch/Treasure Isl
- Minor AreaJACARANDA BEACH VILLAS CONDO
- Zip Code33706-2323
Construction
- Foundation Details[Slab]
- Levels[One]
- Living Area535 Square Feet
- Lot Acres0.26
- Lot Square Feet11,500
- Private PoolYes
- Property TypeCondo - Hotel
- Roof[Built-Up]
- Sewer[Public Sewer]
- Year Built1990
- ZoningRES
Rooms
- Total Bedrooms1
- Full Bathrooms1
- Total Bathrooms1
- Room Count3
Features
- Water AccessYes
- Water ViewYes
- Water AccessBeach,Gulf/Ocean
- SpaYes
- Water Body NameGULF OF MEXICO
- Waterfront Features[Gulf/Ocean, Gulf/Ocean to Bay]
- WaterfrontYes
Location
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