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11730 GULF BOULEVARD UNIT 9

Multi-family Recently Sold
$290,000

BTC: 2.91603821

ETH: 88.01935212

Sold on: 2022-06-24
8 days
Waterfront
0 room(s)
265 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Are you seeking an investment property with a rarely-available beachfront location, a sizeable cap rate, and an inclusive condo fee? Look no further! Currently boasting an impressive 6% cap-rate with a 5-day stay minimum, the co-op studio may have future potential for an 8-10% cap rate with the option of 1-day stays. As one of the only beachfront co-op condos allowing no rental restrictions (allows 1-day rentals) and no full-time owner-occupant restrictions, this spacious studio presents a unique addition to your real estate investment portfolio. Easy to keep traditionally variable costs predictable, the extremely reasonable condo fee covers everything, which includes cable television, internet, electricity, water, sewer, trash, insurance, exterior maintenance, grounds maintenance, pest control, community pool maintenance, parking, and escrow reserves fund. Completely overhauled and renovated in 2020 with over $800K+ in updates, the cheerful building dazzles tenants with the Floridian lifestyle of carefree beach days, a sparkling swimming pool, and comfortable surroundings engulfed in tropical greenery. Explore the unit to find an open floorplan, stylish finishes, durable faux wood flooring, a coastal color scheme, a fully-equipped kitchen, and a tidy bathroom with whimsical retro tile. As a desirable bonus, a highly competent and reliable rental company is already in place for a truly turnkey opportunity. Whether you desire to rent the unit full-time or you’re a snowbird looking for a versatile part-time residence, this property delivers an array of convenient options. Get all the advantages and relish in owning a piece of Treasure Island! Call now to schedule your private tour!

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1950
Lot:
1.00 Acres
Heating:
Wall Units / Window Unit
Price/sqft:
$1,170
Cooling:
Wall/Window Unit(s)
HOA:
$451
All facts and features
  • Flooring

    • Vinyl

    Heating

    • Wall Units / Window Unit

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Dishwasher

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Stone Counters

    • Window Treatments

  • Property

    • Levels: One

    • Exterior Features: Sidewalk

    Lot

    • Lot: 1.00 Acres

    Other Property Information

    • Parcel Number: 233115920780000090

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • BB/HS Internet Available

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • HOA: $451

    • HOA Frequency: Monthly

    • Annual tax amount: $2,149

  • Source details

    • MLS ID: T3377851

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Lot Features: Sidewalk

    • Waterfront: Yes

    • Water Body Name: Gulf Of Mexico

    • Living Area: 265

    • Water Source: Public

    • Subdivision Name: TROPIC TERRACE APT

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KELLER WILLIAMS SOUTH TAMPA