$300,000
Pending

5500 GULF BOULEVARD #7256

St Petersburg, FL 33706
300 sqft | 1 bed | 1 bath | 0.34 acres | #U8240244
Browse 64 photos
Type:Purchase
Structure:Condo
Zone:Residential

Description

*** LOWEST PRICED UNIT WITH A BALCONY*** This top 7th floor end unit Condo-Hotel residence offers both Gulf and Bay panoramic water views in every direction at an exceptional price. It is almost like having 2 balconies. Excellent total turn-key rental income from the first class management rental program that is already in place. The existing rental management agreement with the Tradewinds resort transfers to buyer. The TradeWinds offers over 1000' of Sandy Gulf-Front Beach on over 20 acres that will have you feel as though you are in a tropical paradise. There are 7 pools, 13 food and beverage outlets, water slides and water activities, fitness facilities and tennis courts. Relax on paddle-boat rides through the resort's winding waterways. This is just a few of the many amenities. The Tradewinds has a long established track record with hosting many weddings and conventions. This is an opportunity that some local Florida owners do to use the AAA 4 Diamond rated Jacaranda Beach Villas at the TradeWinds as their beach get away. They are welcome to use all the facilities and beach even when their room is rented (some exclusions apply). Owners enjoy 20% off Tradewinds amenities. Many owners own several units indicating that they are very satisfied with the financial aspects as well as a vacation escape for up to 28 days per year. This condo hotel gives you the best of both worlds – sun & fun with some of the best financial return for a quality property. This unit has a cash reserve balance of approximately $12,000. Fantastic opportunity!

  • Interior Details
      • InteriorCeiling Fans(s), Eat-in Kitchen, Elevator, Living Room/Dining Room Combo
    • Beds & Baths
      • Bedrooms1
      • Bathrooms1
      • Full Baths1
  • Property Details
      • Lot DescriptionCoastalConstruction Control Line, FloodZone, City Limits, Landscaped, Near Public Transit, Sidewalk, Paved
      • Exterior MaterialsCourtyard, Sliding Doors, Tennis Court(s)
      • Stories7
    • Measurements
      • Acres0.34
      • Square Feet300
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1990
    • Material information
      • FoundationStilt/On Piling
  • Utilities / Energy Details
      • Utility FeaturesBB/HS Internet Available, Cable Connected, Electricity Connected, Fire Hydrant, Phone Available, Sewer Connected, Street Lights,
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionJACARANDA BEACH VILLAS CONDO
    • Location
      • CountyPinellas
  • Financial Details
      • Original List Price$389,000
      • Taxes Annual$3,962
      • Days on Market (Cumulative)197
  • Other
      • MLS #U8240244

Location

Carolyn ChristianReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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