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9980 GULF BOULEVARD UNIT 409

For Sale
$427,000

BTC: 6.77777778

ETH: 244.55899198

-$21K (2026/06/02)
20 days
Waterfront
1 bds
1 ba
365 sqft

Overview

PRIME DIRECT GULF-FRONT Executive Studio. – Island Inn Beach Resort Condo/Hotel perfectly positioned. Front and center. "Top producer" Sold Turnkey. Tasteful furnishings, KING size Bed, Pull-out sofa, NEW refrigerator, New Microwave, double-pane sliding glass doors opening to your private Gulf-front balcony. Start earning from day one***** DIRECT GULF-FRONT executive studio delivers breathtaking, unobstructed views of the Gulf of Mexico. Beachfront condo-hotel offers the ideal blend of personal enjoyment and proven income production. Unit 409 has a strong rental history with impressive, consistent income, high occupancy, and loyal repeat guests, making it a standout investment. 2025 year-end income totaled $40,542. 2026 year-to-date vacation booking income is $29,220 as of May, with a strong pipeline of confirmed vacation bookings and continued high demand filling the calendar. All recommended improvements are complete, and the resort is fully operational and stronger than ever—just in time for a very active rental season. The association is exceptionally well-managed with a completed reserve study, fully funded reserves, all milestone repairs completed, and no known upcoming assessments.***** Beautifully Landscaped Resort-style amenities include a heated beachfront pool with sun deck and tiki bar, beachside lounging, a renovated lobby, plus bayside boat slips, fishing dock, and R/V parking accommodations.***** Monthly condo fee includes: ELECTRIC, Wi-Fi, cable, water, building insurance, maintenance, security, trash, and association reserves. An exceptional value on Treasure Island—stay, play, and let it pay. Showings available between guest check-ins. Don't know of anther that provides all these amenities. “BEST VALUE ON THE BEACH” NOTE: Prior to the storm in 24, comparable units were selling in the $500s. The complex has since undergone extensive updates and improvements. All milestone recommendations are complete. Reserves are fully funded. Very well managed Association. Make an appointment for your showing. At this time the unit is available from June 7th-the morning of June 10th. Booked solid for several weeks after.

Location

Details

Type:
Residential
Parking:
Covered / Guest / Open / RV Parking / Under Building
Year Built:
1976
Lot:
0.91 Acres
Heating:
Wall Units / Window Unit
Price/sqft:
$1,170
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$391,750
$304K – $486K
Confidence Low
List vs. estimate
$35K above estimate
List $427,000 · +9.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,169
+124.4% vs. city median $521
Based on
16 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,025
2025
Pool
Deck
View
Water
Waterfront
Gulf/Ocean Front, Waterfront
Furnished
Furnished
Pets
Not allowed
All facts and features
  • Flooring

    • Ceramic Tile

    Heating

    • Wall Units / Window Unit

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Cooktop

    • Microwave

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Kitchen/Family Room Combo

    • Open Floorplan

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • Covered

    • Guest

    • Open

    • RV Parking

    • Under Building

    Property

    • Levels: One

    • Exterior Features: Outdoor Grill

    Lot

    • Lot: 0.91 Acres

    Other Property Information

    • Parcel Number: 263115434590004090

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condo - Hotel

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

  • Other financial information

    • Annual tax amount: $5,026

  • Source details

    • MLS ID: TB8508130

    Other facts

    • Construction Materials: Concrete / Stucco

    • Foundation Details: Slab

    • Laundry Features: Outside

    • Pool Features: Deck / Gunite / Heated / In Ground

    • Window Features: Double Pane Windows

    • Direction Faces: East

    • Other Structures: Gazebo

    • Waterfront: Yes

    • Water Body Name: GULF OF MEXICO

    • Living Area: 365

    • Water Source: Public

    • Subdivision Name: ISLAND INN CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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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 ©2026-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: TREASURE ISLAND REALTY LLC