Listing Details for MLS #TB8467111
1515 Pinellas Bayway S Unit 59, Tierra Verde, Fl

Residential Property - Condominium in Tierra Verde

Listing Price: $400,000 (Mortgage Calculator →)Days on Market: 1

Description of Property

Whether you're looking for a Florida-Forever Home or a Florida-Fun Vacation Rental that generates income when you are renting it, yet welcomes you home when you are personally enjoying it, look no further! Here you are with an 835acsf, 2-bedroom, 2-bathroom elevated/ 2nd floor unit PLUS a covered balcony enjoying a beautiful view of Tampa Bay, as well as the geothermally heated community pool! The grounds at Holiday Island are idyllic, with wide-open green spaces encompassing several clusters of buildings that are spaced to engender a sense of privacy. There is a small marina nestled around the stunning coastline at the southern end of the property. The units here are two stories and not subject to the Milestone Inspection. However, even the first story of living is elevated several feet above the base. E-59 has been beautifully remodeled from top to bottom, including an open-plan kitchen and both bathrooms. Lighting throughout the home has been upgraded to create a welcoming atmosphere and a crisp appearance. The flooring throughout, excluding bathrooms, is exceptionally durable luxury vinyl plank. (Bathrooms are tiled.) There are no restrictions on owner stays. Holiday Island is a "not-so-hidden" gem in Tierra Verde, a vibrant community in a phenomenal location! From Holiday Island, it is just a short drive to not one BUT TWO of the Top 5-Rated beaches in the US, namely Fort DeSoto State Park and St. Pete Beach! Enroute to either beach, there are several excellent restaurants with diverse cuisines: Italian, German, French… and both fantastic seafood and entertainment at Billy's Stone Crab & Seafood Restaurant, yet another fun local spot. Venture a little further afield to Island Grill for live music and great food, or to the new Marriott Residence Inn with its amazing rooftop bar and restaurant. Want to hit the 'big city'? Downtown St. Pete is just a 15-minute drive/Uber ride away. St. Pete Beach is even closer! With all the great beaches, sights, and weather, it's no wonder the aptly named Holiday Island is such a favorite! Built in 1990 as a vacation resort property, short-term rentals are permitted with a one-night minimum stay. The community amenities include over 500 beautiful feet of wide-open waterfront with incredible views of Tampa Bay and the Sunshine Skyway Bridge. There is a community-use observation pier on the waterfront with barbecue grills and picnic tables. There is also a geothermally heated bayfront pool and spa. In addition, there are two lighted tennis/pickle courts; a clubhouse; a fitness center; a pool table; kayak and bicycle storage; and a small marina. Owners may have one small pet, up to 20 lbs. Live here in Paradise full-time; or own an income-generating investment that can double as your Florida vacation home. Either way, YOU WIN! Income consistently over $25K, despite Owner use. The unit comes fully-furnished as a turn-key income producing property. There are also two kayaks with coveted on-site storage and a storage unit that may be made available for purchase.The average asking price for a 2 bedroom/2 bath condominium in this Zip code is $476,558. This condominium is listed at about 84% of the average asking price. There are 101 2 bedroom/2 bath homes between $300,000 and $500,000 currently listed for sale in this Zip code. See other listings like this one »