Discover a slice of paradise at the Tradewinds Island Resort on St. Pete Beach. This 300 sq. ft. Condo-Hotel offers a charming kitchenette, two double beds, and a lucrative turnkey rental income through an established rental program. Benefit from robust tourism demand while enjoying up to 28 days of personal use per year. The resort spans 30 acres and features 7 pools, 13 restaurants, water slides, fitness programs, tennis, mini golf, zip-lining, jet ski rentals, beach volleyball, private cabanas, and paddle boat rides. It's not just a vacation destination; it's a lifestyle. On-site management handles all rental arrangements, making it an ideal candidate for a 1031 IRS Tax Deferred Exchange. With exciting expansion plans underway, the income potential of this investment is set to grow. This is a golden opportunity to indulge in luxury amenities and secure a remarkable return on investment. Elevate your lifestyle at the TradeWinds Island Grand Resort—don’t miss out!
Sold for $275,000 on 11/20/24
$275,000
5500 Gulf Blvd #5255, Saint Pete Beach, FL 33706
1beds
300sqft
Hotel/Motel, Condominium
Built in 1990
-- sqft lot
$244,100 Zestimate®
$917/sqft
$2,005 Estimated rent
Home value
$244,100
$217,000 - $271,000
$2,005/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 20, 2024 at 10:51am
Listing Provided by:
Valerie McClary 727-272-0994,
EXP REALTY 727-592-2286
Bought with:
Mike Felice, 685059
TRADEWINDS REAL ESTATE SALES
Source: Stellar MLS,MLS#: U8237429
Originating MLS: Pinellas Suncoast
Originating MLS: Pinellas Suncoast
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Built-in Closet
- Level: First
- Dimensions: 10x12
Kitchen
- Level: First
- Dimensions: 2x4
Living room
- Level: First
- Dimensions: 10x12
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Bar Fridge, Microwave
- Laundry: Other
Features
- Elevator, Solid Surface Counters
- Flooring: Ceramic Tile
- Doors: Sliding Doors
- Windows: Blinds, Window Treatments
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 300
- Total interior livable area: 300 sqft
Property
Parking
- Parking features: None, Open
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Tennis Court(s)
- Pool features: In Ground
- Has view: Yes
- View description: Garden
- Waterfront features: Gulf/Ocean, Beach Access, Gulf/Ocean Access
- Body of water: GULF OF MEXICO
Lot
- Features: FloodZone, City Lot, Near Public Transit
- Residential vegetation: Trees/Landscaped
Details
- Parcel number: 063216435550005255
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Florida
- Property subtype: Hotel/Motel, Condominium
Materials
- Block
- Foundation: Slab
- Roof: Built-Up
Condition
- New construction: No
- Year built: 1990
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Security
- Security features: Gated Community
Community
- Community features: Association Recreation - Owned, Deed Restrictions, Fitness Center, Playground, Pool
Location
- Region: Saint Pete Beach
- Subdivision: JACARANDA BEACH VILLAS CONDO
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $455 monthly
- Amenities included: Elevator(s), Fitness Center, Gated, Laundry, Playground, Pool, Recreation Facilities, Security, Tennis Court(s)
- Services included: Cable TV, Electricity, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance, Sewer, Trash, Water
- Association name: Stephen Lahowetz
- Association phone: 727-367-6461
- Second association name: No
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash,Trade,Other
- Ownership: Fee Simple
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 11/20/2024 | Sold | $275,000-8.3%$917/sqft |
Source:  Stellar MLS #U8237429 | ||
| 11/10/2024 | Pending sale | $299,990$1,000/sqft |
Source: Stellar MLS #U8237429 | ||
| 7/23/2024 | Price change | $299,990-14.3%$1,000/sqft |
Source: Stellar MLS #U8237429 | ||
| 4/6/2024 | Listed for sale | $349,990$1,167/sqft |
Source: Stellar MLS #U8237429 | ||
| 2/1/2024 | Listing removed | -- |
Source: Stellar MLS #U8186072 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,237 +6.9% | $259,954 +10% |
| 2023 | $3,962 +11.9% | $236,322 +10% |
| 2022 | $3,541 +9.2% | $214,838 +15.5% |
Find assessor info on the county website
Neighborhood: 33706
Nearby schools
GreatSchools rating
- 5/10Azalea Elementary SchoolGrades: PK-5Distance: 4.1 mi
- 3/10Azalea Middle SchoolGrades: 6-8Distance: 4.4 mi
- 4/10Boca Ciega High SchoolGrades: 9-12Distance: 3.1 mi
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Estimated market value
$244,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$244,100