5500 GULF BOULEVARD UNIT 7256 ST PETERSBURG FL 33706 MLS #U8240244

5500 GULF BOULEVARD UNIT 7256
ST PETERSBURG, FL, 33706
$389,000
1 Beds
1 Baths
300 SqFt
0.34 Acres
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This top 7th floor end unit Condo-Hotel residence offers both Gulf and Bay panoramic water views in every direction at an exceptional price. 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!

Property Details

Price:
$389,000
MLS #:
U8240244
Status:
Active
Beds:
1
Baths:
1
Address:
5500 GULF BOULEVARD UNIT 7256
Type:
Single Family
Subtype:
Condo – Hotel
Subdivision:
JACARANDA BEACH VILLAS CONDO
City:
ST PETERSBURG
Listed Date:
Apr 25, 2024
State:
FL
Finished Sq Ft:
300
ZIP:
33706
Lot Size:
14,660 sqft / 0.34 acres (approx)
Year Built:
1990
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Schools

Interior

Appliances
Cooktop, Microwave, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Carpet, Porcelain Tile
Heating
Electric
Laundry Features
Laundry Room

Exterior

Architectural Style
Contemporary, Florida
Community Features
Gulf/ Ocean Front, Waterfront, Fitness Center, Gated Community – Guard, Pool, Restaurant, Tennis Court(s), Wheelchair Access
Construction Materials
Block
Exterior Features
Courtyard, Sliding Doors, Tennis Court(s)
Parking Features
Open
Roof
Built- Up

Financial

Buyer Agent Compensation
2.5%-$350%
HOA Includes
24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Electricity, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
Tax Year
2023
Taxes
$3,962

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Community

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5500 GULF BOULEVARD UNIT 7256
ST PETERSBURG, FL