9980 Gulf Blvd #503 FL 33706

Note: Unit has been upgraded with New Sliding Glass Door to meet Code ( $7300 Value ) and new Front Door to meet Code ( $2300 Value) Unit 503 is owned by a Trust. The Trust is willing to pay a 2% commission Upon closing to a Broker/Agent who brings Us a qualified buyer at an agreeable sales price by both buyer and seller. This property is for sale by owner and listed with Zillow. The unit is currently rented out by the on-site management company (Full Service ) ( includes maid service and maintenance staff ) 20% management fee or you can choose to rent it out yourself . The unit can be rented out anywhere from 1 night to 4 months at a time or more. Excellent rental history. Potential Monthly Gross= $ 6,000 plus ( $200 + per night x 30 nights= $ 6,000 , especially in winter season ) Typical and average yearly gross rental income can range from $34,000 per year to $50,000 per year . These short term resort-style Beach Investments far exceed the rental income generated from typical residential houses without all the headaches of collecting rent, evictions and bad tenants. This is truly a turnkey operation in other words the on-site management company does such an excellent job to rent out your property ,manage it , make repairs for you and keep an eye on it for you even if you are out of state and you get the monthly check mailed to you or deposited into your account each month along with a statement. Plus you get to come stay in your unit whenever you like This is a Condo Hotel / Motel Unit, you basically are in the Hotel Business renting a Hotel Room. These are not Residential units , but you can stay in your unit for up to 3 months !!!! Excellent investment for long-term appreciation with many tax deductions. This investment can be set up as your Self-directed IRA for tax advantages, see your Tax Advisor. Location location location on prestigious Treasure Island . Own your piece of paradise !!!!! Have a second home on the beach for the winter months !!!! Lobby to be remodeled and many amenities are being added and a possible hot tub Jacuzzi Spa also to elevate Island Inn as a four to five star hotel Unit can be shown by appointment only To qualified buyers. Reason for selling : We own 2 Units at the Island Inn . We absolutely LOVE this place but have decided to sell 1 Unit and pay off another beach property we own ! We would like to keep Unit # 515, since it is such an excellent income producing investment, however, we would possibly consider selling both units on the same floor to a buyer that wants to own 2 Units !!! Unit 515 would be for sale for $335,000 IslandInnResort.com/503 Consider this strategy : Many of you have money in a Bank earning low interest rates or have your savings in a 401 K Plan invested in a volatile stock market !!!! Why not invest that money in a Condo like this that can be used as a second vacation home in the winter or whenever you like and then produce monthly rental income that will give you a far better return and give you many tax deductions that will shelter the income !! Have your money work harder for you & at the same time enjoy the Prestige/Pride of Ownership of a Beachfront Condo in beautiful Treasure Island and start living life to the fullest with Florida Sunshine, beautiful Sunsets, watching the Dolphins , swimming in the clear warm waters of the Gulf of Mexico, & getting sand between your toes as you walk the beach on your way to breakfast at nearby Caddys !!!!! This is Paradise to many !!!! You only live once in life , make your dreams come true with full ownership of this condo nicknamed the " Flamingo Room " !!! This is not a time share !!! Call Glenn today, he will answer any of your questions . Rooms on the higher 5th. floor tend to earn more money than lower floors !!!!! Glenn 813 787 3379 [email protected]