
1 KEY CAPRI #502E
2, 2, 1,175ft²
MLS#: TB8381558
Discover the perfect balance of coastal charm and income potential in Unit 402 at Crystal Palms Beach Resort. This spacious two-bedroom, two-bath condo is ideally positioned on the fourth floor and offers a partial view of the Gulf from a covered balcony—an ideal setting for morning coffee or winding down at sunset. Generating $50,319 in rental income in 2024 and $21,564 from January through May 2025 alone, this unit is already a strong performer for vacation rental investors or those seeking a 1031 exchange opportunity. Inside, you’ll find a contemporary kitchen with granite countertops, GE stainless steel appliances, and a convenient in-unit washer and dryer. Both bedrooms are well-appointed with full bathrooms, and the primary suite offers direct balcony access and a separate vanity area for added comfort. Crystal Palms Beach Resort offers resort-style amenities including a heated outdoor pool and spa, tropical landscaping, and assigned under-building parking. The building is constructed with storm-rated features and has no minimum rental restrictions, providing maximum flexibility whether self-managing or using a local rental company. In addition to this unit, the seller has two other condos currently available in the same building (502 & 507). Buyers are welcome to make an offer on this property alone or as part of a package deal. This is a rare opportunity to own multiple income-producing units in one of Treasure Island’s most sought-after resort communities. Schedule your private showing today and explore the potential of owning a piece of the beach—and a stream of steady rental income.
Driving directions : Central Ave to 107th Ave. Right on Gulf Blvd. Right on 116 Ave. Leeft on 1 St E. Left into parking lot.
Rooms | Dimension | Description |
---|---|---|
Kitchen | 12x11 | First level , Tile |
Living Room | 16x12 | First level , Tile , Ceiling Fan(s) |
Primary Bedroom | 14x12 | First level , Ceiling Fan(s) , Double Vanity , En Suite Bathroom |
Bedroom 2 | 12x10 | First level , Ceiling Fan(s) , En Suite Bathroom |
2, 2, 1,175ft²
MLS#: TB8381558
1, 1, 300ft²
MLS#: TB8360554
2, 2, 914ft²
MLS#: TB8391164
3, 2, 1,820ft²
MLS#: TB8376497