Price Reduced 10.15%
Price History
$389,000
4/25/2024
$349,500
5/8/2024
5500 Gulf BOULEVARD, #7256, St. Petersburg, FL, 33706
3 rooms
1 beds
1 Full baths
1990
Contemporary, Florida
300 sqft
This top 7th floor end unit Condo-Hotel residence offers both Gulf and Bay panoramic water views in every direction at an exceptional price. It is almost like having 2 balconies. 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!
Status:
Active
Type:
Condo/Coop
Furnished Remarks:
Furnished
Laundry Remarks:
Laundry Room
Complex:
JACARANDA BEACH VILLAS CONDO
Garage:
Open
Heating:
Electric
Cooling:
Central Air
Levels:
7
Acreage:
0.34
Est. Taxes:
$3,962
Condo Fee
492.0000
Construction
Block
Utilities
BB/HS Internet Available, Cable Connected, Electricity Connected, Fire Hydrant, Phone Available, Sewer Connected, Street Lights, Water Connected
Lot Description:
CoastalConstruction Control Line, FloodZone, City Lot, Landscaped, Near Public Transit, Sidewalk
Amenities:
Cable TV, Elevator(s), Fitness Center, Gated, Laundry, Pool, Security, Shuffleboard Court, Tennis Court(s)
Days on Market:
13
Elevator:
Y
Pet Policy:
No
Appliances:
Cooktop, Microwave, Refrigerator
Pool:
Gunite, Heated, In Ground
MLS #:
U8240244
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of COASTAL PROPERTIES GROUP Phone: 727-493-1555