About Treasure Island's Sunset Vista

Sunset Vistas here in Treasure Island

You might have seen my Real Estate Market Report for all of Pinellas County earlier this week.

The Real Estate business is very local and statistics from the National Association of Realtors about the Florida real estate market or statistics from the Pinellas Realtor organization for Pinellas County do not help us if we are looking for a specific subdivision, in this case let's take a look at Sunset Vistas, a waterfront Condotel in Treasure Island.

This Year, 10 units have sold in Sunset Vistas, 4 are currently under contract and 10 are active listings.

The average sold price was $ 265,555.

The lowes sold price was $214,000 for 203 N (lowest floor closer to street but still with a water view)

and the highest sold price was $360,000 for 506 W (higher floor, direct Gulf front unit, unobstructed views)

Both units have the same floor plan, same square footage and same furniture BUT the rental income in the West Wing is higher.

5 of the sold units were distressed sales and 2 of the pending condos are also distressed sales. NO distressed sales in the 10 acitve listings.

In October 2006 the highest sales ever in Sunset Vistas Treasure Island was condo 501 W. It sold for $715,000. Compare this to recently sold unit 506 W and you can see that prices have been cut in half over the last 5 years.

Like I always say, I do not have a crystal ball but I have a feeling that the prices at Sunset Vistas here in Treasure Island have bottomed out. Will the sales prices now JUMP up again? I thing it will take a some time to see an increase in prices again but as long as we are not going down any further here in Sunset Vistas I think owners and new investors are fine and Sunset Vistas is a good investment property to buy.

Please keep in mind, Real Estate is local, subdivisions like Sereno, Silver Sands, Lands End, Mansions by the sea etc have completely different numbers and history. If you need a market report for YOUR neighborhood please call or e mail anytime.

Real Estate Market Report for July 2011 Pinellas County, Treasure Island, Sunset Vistas.

How much should I pay for a condo in Sunset Vistas in Treasure Island Tampabay on Gulf Blvd.

You do not need to be a Realtor or an appraiser to find the right price for these condos. All it takes it common sense. All of the units are the same, same size, same year built, same color, same floors, same kitchen, same furniture same everything BUT the view.

There are 13 units in a row going all the way from the street to the beach angled so each unit has a view of the water. The building has five floors above parking. The units have 3 digit numbers the first number is the floor and the other two are the position on the floor. It starts with 1 at the street site and goes up to 13 which is closest to the beach.

So, right now unit units in Sunset Vista Treasure Island

408 is listed for $299,000

302 is listed for $306,000

403 is listed for $309,900

Now here we have unit 201 listed for $399,000. I hope the seller does not wonder why it has been on the market for 1132 days. This unit is on the lowest floor and the furthers from the beach.

All this said, one last thing. Don't just "stumble" into the Real Estate market, do your homework first, be prepared find a good Listing agent or selling agent that knows Treasure Island, someone that does a lot of online advertising and marketing for a listing and comparative market analysis for a sale, check out his or her testimonials, "Google" the name.

I hope I gave you a good answer to your question. How much should I pay for a condo in Sunset Vistas in Treasure Island Tampabay on Gulf Blvd.

If you think about buying or selling a house or condo in the Saint Petersburg Tampabay Florida area, please give me a call. Ask me about waterfront homes or condos in St. Pete beach, Treasure Island, Madeira beach, Seminole and other Clearwater Tampabay neighborhoods. Find out what we can do to sell your home or condo and what the value of your property is. Check out great real estate deals or visit condo associations like Seminole Isle.

We also work with short sale bank owned and foreclosures. Find a property or go to my website for more real estate information or simply contact us. 727 409 8706

Sunset Vistas, Water front condos for sale in TreasureIsland, investment property. Below is a list of waterfront condos in Treasure Island.

The Sunset Vistas is a great property and direct beach front. It makes for a great vacation home or income and investment property.

As always, contact me if you need more information on Saint Petersburg Treasure Island beach and water front homes and condos.

Sunset Vistas Condo/Hotel on Treasure Island Florida for sale

Where to go in Treasure Island Florida

Sunset Vistas, Water front condos for sale in TreasureIsland, investment property.

The Sunset Vista is a Condo / Hotel complex on Treasure Island Florida.

It was built in 2005 and has a total of 192 units. All units have a view onto the beach, some face southwest others northwest and some of them a facing directly west. At the moment we have 18 units for sale at the Sunset Vistas. Pet are not allowed, but you can rent it out by the day if you wanted. As in most Condo Hotels the owner usage is restricted to 90 days per year and therefore as you might guess, you can not homestead this property. These condos have come down dramaticly in price from when they were sold a few years ago. Now you can get them somewhere from $300 per sf. to $500 per sf (depends on the view) Nearly all of the Sunset Vista condos are 2 bedroom 2 bath units around 900 sf., granite countertops and stainless steel appliances. They come completely furnished, and rent-ready. On-site rental office is in place or you can rent them out yourself.

The Sunset Vista is a true vacation resort, it features a cafe, 2 pools, a spa, a tiki beach bar, a fitness room and beautiful landscaping. If you are looking for a vacation home or income property the Sunset Vistas might be it for you.

The location is great; right on the sandy beaches in Treasure Island, about a ¼ mile from John's Pass, 40 minutes to Tampa airport, what else could you possibly want?

The least expensive unit for sale at the moment is $339,000

If you think about buying or selling a house or condo in the Saint Petersburg Florida area, please give me a call. Ask me about waterfront homes or condos in St. Pete beach, Treasure Island, Madeira beach, Seminole and other Clearwater Tampabay neighborhoods. Find out what we can do to sell your home or condo and what the value of your property is. Check out great real estate deals or visit condo associations like Seminole Isle.

We also work with short sale bank owned and foreclosures. Find a property or go to my website for more real estate information or simply contact us. 727 409 8706