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Unit Size: 400 SF
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Condo Use: Flex
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Price: $435,000 USD
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Sale Type: Investment or Owner User
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Price/SF: $1,087.50 USD
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.
Sale Notes
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.
Johnny Huynh
Keller Williams Tampa Central