10116 Gulf BOULEVARD, #502W, St. Petersburg, FL, 33706 | $950,000

Welcome to your piece of paradise! 2023 Rental Revenue was $97, 325. 00 and 28 nights were blocked out for owner use. 82. 5% occupancy. This stunning fifth-floor, two-bedroom, two-bath condo, pet friendly in the coveted Oceana Resort offers direct Gulf-front views and unbeatable rental potential with a minimum one-night rental policy. Enjoy front-row seats to Treasure Island’s pristine powder-sand beaches and the tranquil, emerald-turquoise waters of the Gulf of Mexico. From the private, extended beachfront balcony accessible from both the living room and the primary bedroom, to the rooftop observation deck with panoramic views of downtown St. Petersburg and breathtaking sunsets over the Gulf, this condo is designed for relaxation and unforgettable memories. Thoughtfully appointed, this unit features a king bed in the primary bedroom, a queen bed in the second bedroom, and a sleeper sofa in the living room—perfect for hosting family or guests. The full-sized kitchen boasts stainless steel appliances and comes fully stocked, while the convenience of an in-unit washer/dryer and impact-rated doors and windows ensures comfort and peace of mind. The unit is all tile floors. This unit is sold fully furnished, offering a true turnkey investment opportunity. Guests and owners alike can enjoy the resort’s two sparkling pools, two whirlpools, and access to a Oceana East, across the street, with dockage for boating, fishing, or paddleboarding. Located within walking distance or a quick trolley ride from Treasure Island’s vibrant restaurants, shops, watersport activities, and the iconic John's Pass Village, this condo places you at the heart of it all. Plus, you’re only a short drive to world-class attractions, major sporting venues, and the international airports TPA and PIE. Pet-friendly (no aggressive breeds), this condo is ideal for vacationers, 1031 exchange investors, or anyone seeking a stress-free coastal lifestyle. Financing options are available. Schedule your showing today—availability is limited between rental guests!

Features

  • Elevator: Y
  • Heating: Electric
  • Cooling: Central Air
  • Levels: 6
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 108 x 38
  • Laundry: Inside, Laundry Closet
  • Complex: OCEANA AT TREASURE ISLAND CONDO
  • Year Built: 2018
  • Common Charge: $1,140 Monthly
  • Approx Sq. Feet: 836
  • Acreage: 0.1
  • Est. Taxes: $10,474
  • Lot Desc: FloodZone, City Lot
  • View: Pool, Water
  • Pool: Gunite, Heated, In Ground, Lighting, Tile
  • Pet Policy: Dogs OK
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: TB8325233
  • Days on Market: 4 days
  • Website: https://www.raveis.com
    /prop/TB8325233/10116gulfboulevard_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 12/4/2024 2:17:07 PM)
Listing courtesy of COASTAL PROPERTIES GROUP   Phone: 727-493-1555

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10116 Gulf BOULEVARD, #502W, St. Petersburg, FL, 33706

$950,000

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 $760,000 $760,000 $760,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.209% 6.750% 6.664%
Monthly Tax Payment $873 $873 $873
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,866 $4,866 $6,620
Total Monthly Payment $5,831 $5,831 $7,585

* 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.