Sold for $275,000

$275,000

5500 GULF BOULEVARD #5255, ST PETE BEACH, FL 33706

1beds

300sqft

Hotel/Motel, Condominium

Built in 1990

-- sqft lot

$245,800 Zestimate^®

$917/sqft

$1,512 Estimated rent

Home value

$245,800

$221,000 - $270,000

$1,512/mo

Zestimate^® history

Owner options

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$1,512/mo

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$1,512/mo

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$2,372/mo

Est. payment

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$2,372/mo

Est. payment

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What's special

Discover a slice of paradise at the Tradewinds Island Resort on St. Pete Beach. This 300 sq. ft. Condo-Hotel offers a charming kitchenette, two double beds, and a lucrative turnkey rental income through an established rental program. Benefit from robust tourism demand while enjoying up to 28 days of personal use per year. The resort spans 30 acres and features 7 pools, 13 restaurants, water slides, fitness programs, tennis, mini golf, zip-lining, jet ski rentals, beach volleyball, private cabanas, and paddle boat rides. It's not just a vacation destination; it's a lifestyle. On-site management handles all rental arrangements, making it an ideal candidate for a 1031 IRS Tax Deferred Exchange. With exciting expansion plans underway, the income potential of this investment is set to grow. This is a golden opportunity to indulge in luxury amenities and secure a remarkable return on investment. Elevate your lifestyle at the TradeWinds Island Grand Resort—don’t miss out!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Features: Built-in Closet
Level: First
Dimensions: 10x12

Kitchen

Level: First
Dimensions: 2x4

Living room

Level: First
Dimensions: 10x12

Heating

Central

Cooling

Central Air

Appliances

Included: Bar Fridge, Microwave
Laundry: Other

Features

Elevator, Solid Surface Counters
Flooring: Ceramic Tile
Doors: Sliding Doors
Windows: Blinds, Window Treatments
Has fireplace: No
Furnished: Yes

Interior area

Total structure area: 300
Total interior livable area: 300 sqft

Property

Parking

Parking features: None, Open
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Exterior features: Tennis Court(s)
Pool features: In Ground
Has view: Yes
View description: Garden
Waterfront features: Gulf/Ocean, Beach Access, Gulf/Ocean Access
Body of water: GULF OF MEXICO

Lot

Features: FloodZone, City Lot, Near Public Transit
Residential vegetation: Trees/Landscaped

Details

Parcel number: 063216435550005255
Special conditions: None

Construction

Type & style

Home type: Condo
Architectural style: Florida
Property subtype: Hotel/Motel, Condominium

Materials

Block
Foundation: Slab
Roof: Built-Up

Condition

New construction: No
Year built: 1990

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected

Community & HOA

Community

Features: Association Recreation - Owned, Deed Restrictions, Fitness Center, Playground, Pool
Security: Gated Community
Pet fee: $0 monthly
Subdivision: JACARANDA BEACH VILLAS CONDO

HOA

Has HOA: Yes
Amenities included: Elevator(s), Fitness Center, Gated, Laundry, Playground, Pool, Recreation Facilities, Security, Tennis Court(s)
Services included: Cable TV, Electricity, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance, Sewer, Trash, Water
HOA fee: $455 monthly
HOA name: Stephen Lahowetz
HOA phone: 727-367-6461
Second HOA name: No

Location

Region: Saint Pete Beach

Financial & listing details

Price per square foot: $917/sqft
Tax assessed value: $256,276
Annual tax amount: $3,804
Date on market: 4/5/2024
Cumulative days on market: 215 days
Listing terms: Cash,Trade,Other
Ownership: Fee Simple
Total actual rent: 0
Electric utility on property: Yes
Road surface type: Asphalt

Price history

Date	Event	Price
11/20/2024	Sold	$275,000-8.3%$917/sqft
Source: Stellar MLS #U8237429 Report a problem
11/10/2024	Pending sale	$299,990$1,000/sqft
Source: Stellar MLS #U8237429 Report a problem
7/23/2024	Price change	$299,990-14.3%$1,000/sqft
Source: Stellar MLS #U8237429 Report a problem
4/6/2024	Listed for sale	$349,990$1,167/sqft
Source: Stellar MLS #U8237429 Report a problem
2/1/2024	Listing removed	--
Source: Stellar MLS #U8186072 Report a problem
9/7/2023	Price change	$349,990-1.4%$1,167/sqft
Source: Stellar MLS #U8186072 Report a problem
4/27/2023	Price change	$355,000-1.4%$1,183/sqft
Source: Stellar MLS #U8186072 Report a problem
1/2/2023	Listed for sale	$360,000+39%$1,200/sqft
Source: Stellar MLS #U8186072 Report a problem
9/23/2021	Sold	$259,000$863/sqft
Source: Public Record Report a problem
8/19/2021	Pending sale	$259,000+11.4%$863/sqft
Source: Stellar MLS #U8133675 Report a problem
8/1/2019	Sold	$232,500-6.6%$775/sqft
Source: Public Record Report a problem
7/8/2019	Listed for sale	$249,000+6.7%$830/sqft
Source: TRADEWINDS REAL ESTATE COMPANY #U8051600 Report a problem
2/2/2006	Sold	$233,400$778/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,180 -1.3%	$256,276 -1.4%
2024	$4,237 +6.9%	$259,954 +10%
2023	$3,962 +11.9%	$236,322 +10%
2022	$3,541 +9.2%	$214,838 +15.5%
2021	$3,243 -11.4%	$186,000 -10.6%
2020	$3,661 +26.5%	$208,000 +51.4%
2019	$2,893	$137,343 -28.5%
2018	$2,893 +6%	$192,000 +20%
2017	$2,730 +17.2%	$160,000 +3.2%
2016	$2,330 +2.4%	$155,000 +1.3%
2015	$2,274 +26.3%	$153,000 +45%
2014	$1,800	$105,500