11360 GULF BOULEVARD, #505, Treasure Island, FL, 33706 | $575,000

Gulf-Front Getaway with High Rental Potential! Welcome to your beachfront retreat—where breathtaking Gulf views, powder-soft sand, and strong rental income come together in perfect harmony! This direct beachfront, fifth floor, stylish 1-bedroom, 1-bathroom condo at South Beach Condo-Hotel is an investor’s dream and a beach lover’s paradise. Built in 2001, this prime vacation property has no minimum rental restrictions, allowing for nightly rentals and flexible owner use. Whether you choose to self-manage or utilize on site rental service, this unit has a proven income track record. In 2023 this unit had $57, 353. 00 in rental revenue (10 night owner stay in March) and in 2024 an impressive $48, 340. 00 with 2 weeks of owners stay in winter and temporary closure after the storms. Step inside to find a bright, open-concept floor plan featuring impact-rated PGT windows and sliders, an in-unit washer and dryer, and a private balcony to soak in Treasure Island’s legendary sunsets. The kitchen is light and airy, fully equipped for guests or personal enjoyment. Sold fully furnished, this condo is truly turnkey—ready for you or your renters from day one! South Beach Condo-Hotel offers resort-style amenities including a heated beachfront pool, shuffleboard court, BBQ grilling area, and hammock retreat—all with direct Gulf views. The comprehensive HOA fee covers cable, water, internet, electricity, exterior maintenance, pest control, and more, ensuring hassle-free ownership. Whether you're looking for a lucrative investment, a personal vacation spot, or both—this is it! Don’t miss this rare opportunity to own a slice of paradise with unmatched rental flexibility. Schedule your private showing today!

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 6
  • Amenities: Elevator(s), Pool, Recreation Facilities, Shuffleboard Court
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Lot Size: 167 x 104
  • Laundry: Inside, Laundry Closet
  • Complex: SOUTH BEACH CONDO HOTEL
  • Year Built: 2001
  • Common Charge: $898 Monthly
  • Approx Sq. Feet: 568
  • Acreage: 0.8
  • Est. Taxes: $6,320
  • Lot Desc: FloodZone, City Lot, Sidewalk
  • View: Water
  • Pool: Gunite, Heated, Lighting, Tile
  • Pet Policy: No
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: TB8362959
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/TB8362959/11360gulfboulevard_treasureisland_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 5/6/2025 2:44:39 AM)
Listing courtesy of COASTAL PROPERTIES GROUP   Phone: 727-493-1555

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NMLS Mortgage Loan Originator ID 16953

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11360 GULF BOULEVARD, #505, Treasure Island, FL, 33706

$575,000

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 $460,000 $460,000 $460,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.007% 7.050% 6.132%
Monthly Tax Payment $527 $527 $527
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,870 $3,022 $3,851
Total Monthly Payment $3,489 $3,641 $4,470

* 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.