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Key Details
Sold Price $820,000
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 870 sqft
Price per Sqft $942
Subdivision Sunset Vistas Condo Hotel On The Gulf
MLS Listing ID U8218312
Bedrooms 2
Full Baths 2
HOA Fees $826/mo
Year Built 2006
Annual Tax Amount $7,589
Lot Size 3.440 Acres
Property Description
Situated on the desirable sunset side of the building, discover this refined fourth-floor condo at Sunset Vista, a true piece of paradise. Featuring 2 bedrooms and 2 bathrooms, it provides a tranquil retreat with breathtaking vistas of the beach and the mesmerizing Gulf of Mexico. But this condo isn't just a serene sanctuary; it's also a savvy investment. 2023 past and current bookings have a rental revenue of $59,662 and more booking daily. The owner reserved 31 nights for personal use in 2023. By renting it at an average rate of $263 per night (average from the management company), you could potentially add another $8.153, resulting in a total potential rental revenue of $67,815. Naturally, your earnings may vary depending on your personal usage. Recently modernized, this unit promises contemporary comfort and convenience, complete with an owner's closet for your personal belongings. Sunset Vista Condo/Hotel offers a range of resort-style amenities, including a beachfront pool, spa, a unique children's pool with fountains and spa, a tiki bar, café, and a fitness center. Nestled on the powdery sands of Treasure Island, it affords you front-row vistas of the azure Gulf of Mexico and is only a brief half-mile stroll from the renowned John's Pass. This is a seamless opportunity, presenting a fully-equipped kitchen with granite countertops, a breakfast bar, dining area, living room, three flat-screen TVs, and a washer/dryer. Embrace the beachfront lifestyle effortlessly, whether you choose to manage the property through an on-site management company or take charge yourself, perhaps with the support of an off-site rental company. Sunset Vista boasts a well-established reputation as a sought-after vacation destination, backed by a proven track record, satisfied repeat guests, and a dependable flow of rental income. For potential insights into tax benefits associated with vacation rentals, consult IRS Publication 527. Additionally, this property is a compelling option for a 1031 exchange. In addition to all these remarkable features, your unit comes with the convenience of an assigned covered, parking spot. This is a one-of-a-kind opportunity; don't miss your chance to explore this exceptional condo and all it has to offer – schedule your viewing today.
Location
State FL
County Pinellas
Community Sunset Vistas Condo Hotel On The Gulf
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Laminate
Laundry Inside, Laundry Closet
Exterior
Exterior Feature Balcony, Sliding Doors
Parking Features Assigned, Covered, Ground Level, Guest, Off Street, Reserved, Under Building
Fence Vinyl
Pool Deck, Gunite, In Ground, Lighting, Tile
Community Features Fishing, Fitness Center, Pool, Restaurant, Sidewalks, Water Access, Waterfront
Utilities Available Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Amenities Available Cable TV
Waterfront Description Gulf/Ocean
View Y/N 1
Water Access 1
View Pool, Water
Roof Type Built-Up
Building
Story 1
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Structure Type Block,Concrete
New Construction false
Others
Monthly Total Fees $826
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with FOREVER FLORIDA REAL ESTATE