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listing
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Single FamilySold
List Price $344,900
Sold Price $325,000
140 51St Avenue W 204
St Pete Beach, FL 33706
Listed by: Fine Properties, (585)-721-4633
MLS: Stellar MLS
1Beds
2Baths
700Sq Ft
Est. Mortgage
$1,880/mo

Yes, you can have it all!! Come view, fall in love with, and purchase your next vacation/Investment condo! Unit 204 is a fantastic slice of paradise. Located directly on the powder like St Pete Beach sand, in the Gulf Beach Resort. With only 19 units, Gulf Beach is SPB's Premier Boutique Condo-Hotel. Fantastic views of the Gulf, two balconies, an updated kitchen, and guest bookings in place to pay for it all. What more can you ask for? The Gulf Beach is a very attractive resort with a wonderfully private resort pool/spa that overlooks one of the best beaches in the country. With a central position on the beach everything you want is close for your convenience and enjoyment. Restaurants, grocery, gift shops, fun beach activities all at your fingertips.... This unit will gross 30k to 35k in 2020 with 26k already on the books. The condo fees are $679/month, expenses included are building maint, pool/spa, security, landscaping, cable, internet, wifi, phone, general building reserves and building insurance. Basically, everything except electricity, real estate taxes and personal insurance. All owners currently contribute an additional $182/month towards building reserves to ensure future financial stability. The onsite rental office takes care of all rental duties. In exchange for $137 per month plus 8.6% of the unit gross rent, the staff markets, books, checks guests in and out, manages, coordinates cleanings, handles all guest requests, collects and submits resort taxes, mails your monthly checks and 1099.

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Listing provided by Fine Properties
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