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  • Key Facts
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Key Facts

Type Condominium
Levels Residential
Size 400 sqft
Garage No
Maintenance Fees $1,150
Taxes $3,951
Days Active 19
Approx. Age 1950
Avg. Price Per Sqft $1,087
MLS® Number TB8420941

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Are you searching for a true beachfront investment property that combines rare rental flexibility, strong returns, and timeless coastal appeal? Welcome to Tropical Terrace on Treasure Island, one of the only beachfront co-op communities with no rental restrictions and no full-time occupant requirements. Whether you’re looking to maximize income through daily rentals or keep a personal escape at the shore, this one-bedroom, one-bath residence with 400 square feet of efficient space delivers the versatility you’ve been waiting for. The condo fee covers nearly everything an owner could need, including cable, internet, electricity, water, sewer, trash, insurance, exterior and grounds upkeep, pest control, pool service, parking, and escrow reserves. With so much included, you can focus on enjoying the property or optimizing its rental potential. In 2020, more than $800, 000 was dedicated to a full renovation that modernized the structure and elevated the experience for residents and guests. Within the last year, an additional $500, 000 in improvements brought even more value. Every unit received new impact windows and doors, the first-floor common areas were fully redesigned with a refreshed recreation room, new ice machine, updated flooring, and outdoor pavers. All pool equipment was replaced, while underground electrical wiring to each unit was rerouted above ground and copper water pipes were updated. The unit also remained unaffected by last year’s hurricanes, further adding to its strength and appeal. Residents and guests enjoy the classic Florida lifestyle with direct beach access, a sparkling swimming pool surrounded by lush tropical greenery, and inviting common areas designed for comfort. A trusted rental company is already in place, offering seamless management for those who want a true turnkey opportunity. Whether you are a snowbird searching for a part-time retreat or an investor looking for a proven performer in one of Florida’s most desirable beachfront markets, Tropical Terrace delivers. Don’t miss the chance to own a piece of Treasure Island. Schedule your private tour today.Show Description
MLS® NumberTB8420941
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area
Exposure
ExteriorBalcony, Courtyard, Lighting
GarageNo
Approx. Age1950
Stories3
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatOther
A/CDuctless
Heating Fuel

Extras

Rooms

Show Details
Kitchen:First10 × 12 ft
Other:First12 × 12 ft
Living Room:First12 × 12 ft

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