11730 Gulf Blvd
Treasure Island, FL 33706
Tropic Terrace Resort - Unit 31 · Multifamily Property For Sale · 60 Units

Beachfront Investment Opportunity with Rare 1-Day Rental Potential! This spacious studio condo is the perfect investment opportunity for those seeking a rarely available beachfront location, and an inclusive condo fee. The unit has future potential for an 8%+ cap rate with the option of 1-day stays. As one of the only beachfront co-op condos allowing no rental restrictions and no full-time owner-occupant restrictions, this exceptional studio presents a unique addition to your real estate investment portfolio. The condo fee covers everything, which includes cable television, internet, electricity, water, sewer, trash, insurance, exterior maintenance, grounds maintenance, pest control, community pool maintenance, parking, and escrow reserves fund. This makes it easy to keep traditionally variable costs predictable. The building was completely overhauled and renovated in 2020 with over $800K+ in updates. It dazzles tenants with the Floridian lifestyle of carefree beach days, a sparkling swimming pool, and comfortable surroundings engulfed in tropical greenery. As a desirable bonus, a highly competent and reliable rental company is already in place for a truly turnkey opportunity. Whether you desire to rent the unit full-time or you’re a snowbird looking for a versatile part-time residence, this property delivers an array of convenient options. Get all the advantages and relish in owning a piece of Treasure Island! Call now to schedule your private tour!