Nestled on the coveted sunset side of the building, this elegant second-floor condo in Sunset Vista offers a slice of paradise. Boasting 2 bedrooms and 2 bathrooms, it provides a serene escape with views of the beach and the stunning Gulf of Mexico. This condo is not just a serene oasis; it's also an investment opportunity. With a projected gross income of $63,211, and the owner reserving 57 nights for personal use in 2023, you can add another $13,509 by renting it at an average of $237 per night, resulting in a total potential rental revenue of $76,620. Your earnings, of course, may vary based on your usage. Freshly updated, this unit ensures modern comfort and convenience and includes an owner's closet for your personal items. Sunset Vista Condo/Hotel offers an array of resort-style amenities, including a beachfront pool, spa, a one-of-a-kind child's pool with fountains and spa, a tiki bar, café, and a fitness center. Located on the sugary sands of Treasure Island, it grants you front-row views of the azure waters of the Gulf of Mexico and is just a short half-mile from the world-renowned John's Pass. This is a turn-key opportunity, offering a full-size kitchen with granite countertops, a breakfast bar, a dining area, a living room, three flat-screen TVs, and a washer/dryer. You and your guests can relish the beachfront lifestyle with ease. Manage the property through a world-class on-site management company or take the reins personally or with the assistance of an off-site rental company. Sunset Vista has a well-established reputation as a vacation destination with a proven track record, delighted repeat guests, and a reliable stream of rental revenue. For potential tax benefits related to vacation rentals, you can review IRS Publication 527. This property is also an excellent option for a 1031 exchange. In addition to all these features, your unit comes with the convenience of an assigned parking spot. This is a unique opportunity; make your appointment today to see this remarkable condo and all that it has to offer.
Property Type :
Residential
Subdivision :
Sunset Vistas Condo Hotel On The Gulf
County :
Pinellas
Style :
Residential
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ByOwner last updated this listing 05/04/2024 @ 18:20
MLS: MFRMLS #U8218251
LISTED BY: Jill Helgren, COASTAL PROPERTIES GROUP
SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
