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Prime Waterfront Value | Turnkey Income Producer Exceptional opportunity at The Palms of Treasure Island"”one of the island's most sought-after condo-hotels. No Minimum Stay Requirements!! This beautifully updated 2-bedroom, 2-bath waterfront 950 sq./ft. unit offers wide-open Intracoastal views and a proven record as a high-income vacation rental with numerous repeat guests and consistent 5-star reviews. Thoughtfully remodeled throughout. Recent unit updates: hurricane impact sliding glass doors, furniture including mattresses for all beds and sofa, remodeled bathrooms, paint, ceiling fans, vinyl flooring, ceramic tile flooring in the kitchen and baths. A full function kitchen is equipped with a new microwave, refinished countertops, new sink, lighting and faucet. The convenience of a newer in-unit full-size washer and dryer. A huge 8' x 18' balcony showcases stunning waterfront views, perfect for relaxing, entertaining or dolphin watching! Full size Arcade machine with over 60 retro games is a huge hit for all family members. Enjoy resort-style amenities including a heated waterfront pool and spa, new dock, and under-building parking with plenty of guest spaces. Ideally located directly across the street from the Gulf of Mexico's best beaches and just steps from shopping, dining, and entertainment. With strong occupancy, repeat bookings, and solid rental history, this is true turnkey waterfront income at its finest. Condo fees include cable TV, internet, water, trash, building insurance, and association reserves"”making ownership simple and worry-free. Whether you're expanding your investment portfolio or seeking a vacation home that pays for itself, The Palms of Treasure Island delivers the perfect blend of steady income and coastal luxury. Note: Year-to-date Payout from rental management company to owner is $48,461.31. Note January & February 2025 was mostly shut down for upgrade improvements to the complex. The entire month of January 2026 is booked by a repeat vacationer with an income of $8,700.00. BOOKINGS pending income for 2026 is $44,000.00 + and growing. Income statements available upon request. Thank you...Available for showings December 16th through December 20th
| DAYS ON MARKET | 49 | LAST UPDATED | 12/11/2025 |
|---|---|---|---|
| TRACT | PALMS OF TREASURE ISLAND CONDO | YEAR BUILT | 2007 |
| COMMUNITY | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl | COUNTY | Pinellas |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Microwave, Range, Washer |
| AREA | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl |
| CONSTRUCTION | Block, Cement Siding, Stucco |
| EXTERIOR | Balcony, Courtyard, Dock, Outdoor Grill, Outdoor Shower, Storage |
| HEAT | Central |
| INTERIOR | Elevator |
| LOT | 1.65 acre(s) |
| LOT DESCRIPTION | Waterfront |
| PARKING | Covered, Open |
| POOL | Yes |
| POOL DESCRIPTION | Heated, In Ground |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Elevated |
| SUBDIVISION | PALMS OF TREASURE ISLAND CONDO |
| TAXES | 7771.79 |
| UTILITIES | Cable Available, Cable Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Water |
| WATER | Public |
| WATER ACCESS | INTRACOASTAL WATER WAY |
| WATERFRONT | Yes |
MORTGAGE CALCULATOR
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Listing provided by Anthony Russano, Jr, TREASURE ISLAND REALTY LLC, 727-504-1046
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 12/19/25 8:10 AM PST.
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