9980 Gulf BOULEVARD, #211, St. Petersburg, FL, 33706 | $425,000

Beachfront property with income potential on Treasure Island Beach! This beautifully remodeled 1-bedroom, 1-bath beachfront condo at Island Inn Beach Resort offers an unbeatable combination of beachfront vacations and investment potential. With the ability to stay up to 3 months a year and generate income for the rest, this property is the perfect blend of personal retreat and rental opportunity. Enjoy views of the sandy beaches of Treasure Island and the sparkling Gulf of Mexico right from your condo. The unit has been stylishly updated with wood plank tile flooring, granite countertops, and a fully remodeled decorative bathroom featuring a tub and single vanity. It comes fully furnished with a king bed, full-size sofa bed, dresser, dining set, and mounted TV, making it move-in ready. Island Inn Beach Resort offers resort-style amenities including a beachfront heated pool, Tiki bar, lounge area, BBQ grills, beach volleyball, community boat slips, a fishing pier, and even RV parking. Recent building renovations include modernized elevators, a refreshed lobby, EV charging stations, and more, ensuring the property remains up-to-date and attractive to guests. Monthly maintenance covers all utilities, cable, Wi-Fi, building insurance, grounds maintenance, and more, making ownership simple and stress-free. With no rental restrictions, you have the flexibility to maximize your investment potential. Whether you’re lounging by the pool, sipping a cocktail at the Tiki Bar, or enjoying the sunset from your balcony, this condo offers a slice of paradise with the added benefit of steady rental income. Don’t miss out on this incredible opportunity to own a piece of Treasure Island!

Features

  • Elevator: Y
  • Heating: Electric, Wall Units / Window Unit
  • Cooling: Wall/Window Unit(s)
  • Levels: 6
  • Amenities: Elevator(s), Laundry, Pool
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Common Area, Laundry Room
  • Complex: ISLAND INN CONDO
  • Year Built: 1976
  • Common Charge: $777 Monthly
  • Approx Sq. Feet: 365
  • Acreage: 0.91
  • Est. Taxes: $5,673
  • Lot Desc: City Lot, Landscaped, Sidewalk
  • View: Water
  • Pool: Deck, Gunite, Heated, In Ground, Outside Bath Access, Tile
  • Pet Policy: No
  • Appliances: Cooktop, Exhaust Fan, Microwave, Refrigerator
  • MLS#: U8252402
  • Days on Market: 11 days
  • Website: https://www.raveis.com
    /prop/U8252402/9980gulfboulevard_stpetersburg_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 9/19/2024 10:47:09 PM)
Listing courtesy of COASTAL PROPERTIES GROUP   Phone: 727-493-1555

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NMLS Mortgage Loan Originator ID 16953

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9980 Gulf BOULEVARD, #211, St. Petersburg, FL, 33706

$425,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $340,000 $340,000 $340,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment $473 $473 $473
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,066 $2,066 $2,687
Total Monthly Payment $2,614 $2,614 $3,235

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.