Let’s talk about Treasure Island home values and Sunset Vista Condotel in specific.
Home values change by the day but right now our lowest priced listing in Treasure island is $69,00 for a one bedroom one bath condo with 580 square feet and our highest priced listing is $4,900,000 for a 9800 square feet single family home on the water with 8 bedroom and 7 bath rooms and as you can imagine, we have everything in-between.
In general we have about 150 listings at any given time and if you are interested in buying property here in Treasure island, we will find something for you.
Click here to do a search for available homes and condos in Treasure Island.
You can pick and chose from single family homes, condos, co ops, town houses, villas even condotel units. Buy as an investment, use your property as a vacation place or make Treasure Island your permanent home.
Let me introduce one of my favarite investemnt properties to you. Sunset Vista Condotel in Treasure Island Fl
Sunset Vistas is right on Gulf Blvd in Treasure Island, about 200 direct beachfront condotel units, each with a nice view onto the beach and daily sunsets.
Home values for Sunst Vistas condos have been all the way up in the $700,000 in 2006, right now they are down to $250,000 give or take. (and they are on their way up) So I believe there is a great potential for property value in crease in the future but that is not all, let’s look at the numbers.
The owner of a condo in Sunset Vistas that we sold a few years ago was nice enough to give me the actual numbers.
Gross income for last year was $42,000 when you subtract all kinds of fees and rental expenses and rental commission. on site management and upgrades to the unit, his net income was $22,000
Now you still have to substract the electic bill, HO6 insurance and monthy maintenace fees with all adds up to roughly $10,000 you still have $12,000 left as income.
Everything is paid for, you own a beachfront condo in Treasure Island and you get about a $1000 per month.
When it comes to Treasure Island home values | Sunset Vista Condotel I think you get a fantastic deal if you want a beach getaway and income property at the same time.
Visit my blog about Sunset Vistas in Treasure Island.