Listing Details for MLS # A4654322
5500 Gulf Boulevard Unit 6248, St Petersburg, Fl 33706

Residential Property - Condominium in St Petersburg

Listing Price: $395,000Days on Market: 1

Description of Property

Own Paradise: Turn-Key Income & Beachfront Bliss at The Tradewinds Resort! Location, Location, Location! This exceptional high-floor, outside unit at the world-renowned Tradewinds Island Grand Resort offers unparalleled views from its small balcony – a captivating ocean view alongside dynamic vistas of the resort's lush grounds and lively hotel amenities. Even better, this revenue-generating property effectively pays for itself! This charming 300 sq. ft. condo-hotel unit, featuring comfortable double beds, is ideally located on the 6th floor of the highly sought-after Jacaranda building. This is truly a total turn-key rental income property, with a first-class management program already successfully in place. The existing, highly effective rental management agreement with the Tradewinds Resort seamlessly transfers to the buyer, ensuring a smooth and immediate revenue stream from day one. You'll benefit from the resort's long-established track record of high occupancy, bolstered by its popularity for hosting numerous weddings and conventions. Perfect for a 1031 exchange, this offering provides an excellent avenue to defer capital gains and grow your investment portfolio.While enjoying a robust rental income, you also have the privilege of personal use for up to 28 days a year, allowing you to experience the magic of the Tradewinds whenever you desire. The Tradewinds Resort is truly a destination unto itself, boasting over 1000 feet of pristine, sandy Gulf-front beach spread across more than 40 acres of lush, tropical landscaping. You'll feel as though you've stepped into a Caribbean dream. Unrivaled Resort Amenities! Guests and owners alike enjoy an endless array of activities and conveniences designed to make every stay unforgettable. The resort boasts 10 sparkling pools for every mood, from lively family fun to serene relaxation. Culinary delights await at 14 diverse food and beverage outlets, offering everything from casual beachside bites to elegant dining experiences. For the adventurous, there are thrilling water slides and a multitude of water activities, while active guests can enjoy the brand new pickleball courts, well-equipped fitness facilities, and tennis courts. You can also explore meandering waterways on paddleboats and water trykes, and take advantage of complimentary beach cabanas and a host of daily resort activities. The Tradewinds offers it all – a vibrant and engaging environment that appeals to vacationers year after year. Don't miss this exceptional chance to own a piece of prime St.Pete Beach real estate with built-in income and world-class amenities at your fingertips!The average asking price for a 1 bedroom/1 bath condominium in this Zip code is $341,224. This condominium is listed at about 116% of the average asking price. There are 19 1 bedroom/1 bath homes between $300,000 and $500,000 currently listed for sale in this Zip code. See other listings like this one »