12000 GULF, TREASURE ISLAND, FL 33706

Description

This premium 2-bedroom, 1.5-bath condo in the highly sought-after Sunset Vista offers the perfect blend of modern luxury and income potential. Generating an impressive $76,555 in rental income for 2023 and already bringing in $53,594 from January to July of 2024, this property is not only a dream vacation retreat but also a standout investment opportunity. Perched on the sunset side of the building, the second-floor unit has been tastefully updated with new flooring, GE slate appliances, updated kitchen and bath cabinets, and a completely remodeled Jack-and-Jill bathroom. Freshly installed carpet and a brand-new washer and dryer complete this turnkey property, making it ready for immediate use or rental. Beyond its elegant interior, the condo offers partial beach views and access to a wealth of resort-style amenities. Guests and owners alike can enjoy the beachfront pool and spa, a unique children’s pool with fountains, a tiki bar, on-site café, and a fitness center. The assigned parking space and the prime location on the sugar-white sands of Treasure Island—just a short walk from the renowned John's Pass—add further appeal to this property. With its proven rental track record and robust income stream, this condo is an ideal choice for investors or anyone seeking a vacation property with strong rental revenue. Whether you manage it personally, use an off-site rental company, or take advantage of the on-site management services, this condo offers flexible options to suit your investment strategy. Sunset Vista’s strong reputation as a vacation destination ensures a steady flow of repeat guests, solidifying its potential as a long-term income generator. This condo also qualifies for potential tax benefits related to vacation rentals (see IRS Publication 527) and is an excellent option for a 1031 exchange. Don’t miss this opportunity to own a piece of paradise that delivers both personal enjoyment and financial rewards. Schedule your private showing today and discover all that this remarkable condo has to offer!