11730 GULF BLVD #5

Under contract-accepting backup offers. CALLING ALL BEACH LOVERS! YES, CALLING ALL BEACH LOVERS who have always dreamt to have the BEACH as their BACKYARD, like toes in the sand backyard! Here is your chance for an affordable opportunity, $100,000 LESS than the same size unit in the same community. Wow!! This property is a true Gulf Boulevard address with no busy, crowded streets to cross, ever, to get to the beach! This West side of Gulf Boulevard direct beachfront Condo Hotel, has graced our Treasure Island Community for over 75 years. Tropic Terrace Resort is known to be a mid-century modern, quaint, boutique-style condo hotel ready for you to own and make your own coastal retreat. Enjoy rental income as well if you'd like or use it just as your private, tropical, tiny oasis. Full-time living is also an option. This studio style condo hotel unit was impacted by Hurricane Helene flooding but the owner has already had it professionally remediated for its next owner who gets to decide how they’d like to renovate and decorate it to their own style and pleasure, so “pardon our dust”. The sellers say the estimated renovation costs are between $20,000 to $25,000 (based on your personal taste). Tropic Terrace is a waterfront community with amenities that include a pool, extra secured owner storage, ample parking, and all utilities including electricity! This cozy studio unit has 1 bathroom and 265 square feet on the ground floor all situated on the sugary sands of the Gulf. CHECK OUT ALL THE AMAZING REVIEWS OF #5 FROM PAST, SATISFIED VACATION RENTERS ON the exclusive on-site management rental company website! Take a lovely walk on the picturesque beach trails to enjoy Treasure Island dining without having to walk along the busy streets. No pets or smoking allowed in the community. Don't miss this opportunity to enjoy FLORIDA BEACH LIVING! The cooperative milestone inspections and reserve study has been completed. The AC and Heat wall unit was replaced in 2023. Tropic Terrace underwent major renovations about four years ago totaling $1.4 million to include structural and concrete repairs, new railings and columns, 2nd and 3rd floor coatings, and hurricane doors and windows. The pool area is being renovated and re-designed.