10116 Gulf BOULEVARD, #505W, Treasure Island, FL, 33706 | $1,025,000
Direct oceanfront, two-bedroom, two-bath corner unit on the fifth floor in beautiful Oceana Resort Condo in Treasure Island, FL. Minimum one-night rental for the best rental revenue opportunity. Rental revenue for 2023 was $105, 372. 96. This unit overlooks the powder-white beach and calm, emerald-turquoise waters of the Gulf of Mexico. View the city lights of downtown St. Petersburg to the east or enjoy maximum views of the Gulf of Mexico from the rooftop sunset and observation deck, offering guests the best show of every day: rich beach sunsets over the Gulf. This is a gem on Treasure Island, and this well-appointed unit features a private, beachfront balcony accessible from the living room and primary bedroom, a king bed in the primary bedroom, a queen bed in the second bedroom, and a pull-out sofa bed in the living room. Full-sized kitchen with stainless steel appliances, washer/dryer and impact doors and windows. Yes, it is sold fully furnished, including a fully stocked kitchen. Cool off in one of the two pools or two whirlpools. Pull your boat up to the Oceana East sister property and enjoy the dockage, fishing, or paddle boarding from the floating dock. Walk or ride the trolley to an abundance of restaurants, shopping, and watersport activities, as well as the famous John's Pass Village. Take advantage of world-class attractions, exciting nightlife, and major league sporting venues. Pinellas County tourism is at an all-time high, with record-breaking numbers year over year. Pet-friendly with no maximum weight. No aggressive dog breeds. Conveniently located in Treasure Island on one of America's top beaches. Close to TPA and PIE. The perfect family vacation resort. This is a perfect 1031 exchange opportunity. View IRS Publication 527 to review vacation rental tax benefits. Oceana is fully funded and not due for a structural integrity study for 19 years. Financing available. Make your appointment to see this unit between rental guests today!
Features
- Elevator: Y
- Heating: Central, Electric
- Cooling: Central Air
- Levels: 6
- Rooms: 4
- Bedrooms: 2
- Baths: 2 full
- Laundry: Inside, Laundry Closet
- Complex: OCEANA AT TREASURE ISLAND CONDO
- Year Built: 2018
- Common Charge: $1,269 Monthly
- Approx Sq. Feet: 940
- Acreage: 1.03
- Est. Taxes: $11,488
- Lot Desc: FloodZone, City Lot, Sidewalk
- View: Water
- Pool: Heated, In Ground, Lighting, Tile
- Pet Policy: Breed Restrictions
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- MLS#: U8246924
- Days on Market: 14 days
- Website: https://www.raveis.com
/prop/U8246924/10116gulfboulevard_treasureisland_fl?source=qrflyer
Listing courtesy of COASTAL PROPERTIES GROUP Phone: 727-493-1555
William Raveis Family of Services
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888.699.8876
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
10116 Gulf BOULEVARD, #505W, Treasure Island, FL, 33706
$1,025,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $820,000 | $820,000 | $820,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.125% | 7.000% | 6.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.838% | 7.141% | 6.997% |
| Monthly Tax Payment | $957 | $957 | $957 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,524 | $5,455 | $7,256 |
| Total Monthly Payment | $6,606 | $6,537 | $8,338 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388