$820,000

About This Property

Situated on the desirable sunset side of the building, discover this refined fourth-floor condo at Sunset Vista, a true piece of paradise. Featuring 2 bedrooms and 2 bathrooms, it provides a tranquil retreat with breathtaking vistas of the beach and the mesmerizing Gulf of Mexico. But this condo isn't just a serene sanctuary; it's also a savvy investment. 2023 past and current bookings have a rental revenue of $59,662 and more booking daily. The owner reserved 31 nights for personal use in 2023. By renting it at an average rate of $263 per night (average from the management company), you could potentially add another $8.153, resulting in a total potential rental revenue of $67,815. Naturally, your earnings may vary depending on your personal usage. Recently modernized, this unit promises contemporary comfort and convenience, complete with an owner's closet for your personal belongings. Sunset Vista Condo/Hotel offers a range of resort-style amenities, including a beachfront pool, spa, a unique children's pool with fountains and spa, a tiki bar, café, and a fitness center. Nestled on the powdery sands of Treasure Island, it affords you front-row vistas of the azure Gulf of Mexico and is only a brief half-mile stroll from the renowned John's Pass. This is a seamless opportunity, presenting a fully-equipped kitchen with granite countertops, a breakfast bar, dining area, living room, three flat-screen TVs, and a washer/dryer. Embrace the beachfront lifestyle effortlessly, whether you choose to manage the property through an on-site management company or take charge yourself, perhaps with the support of an off-site rental company. Sunset Vista boasts a well-established reputation as a sought-after vacation destination, backed by a proven track record, satisfied repeat guests, and a dependable flow of rental income. For potential insights into tax benefits associated with vacation rentals, consult IRS Publication 527. Additionally, this property is a compelling option for a 1031 exchange. In addition to all these remarkable features, your unit comes with the convenience of an assigned covered, parking spot. This is a one-of-a-kind opportunity; don't miss your chance to explore this exceptional condo and all it has to offer – schedule your viewing today.

infoProperty Details

Property Type

Condo - Hotel

Year Built

2006

Living Area

870 sqft

Lot Size

3.44 acres

Bedrooms

2

Bathrooms

2

Ownership

Fee Simple

Days on Market

1

List Date

chairInterior Features

yardExterior & Lot

Listed By

COASTAL PROPERTIES GROUP

727-493-1555

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