All Forum Posts by: Brett Baker

We are planning on purchasing an STR (probably condo) in the Treasure Island area of St Pete. Are there any other SPB STR investors out there that can tell me how imoortant it is to be on/near the water? For example - can I get double the revenue with a beachside unit vs. a street or 2 off the beach? I am just looking for general knowledge here, nothing specific. We are eyeing the Treasure Island area due to their STR friendly regs. Any input is greatly appreciaited.

I am wanting to purchase a condo in the St Pete Beach (preferable Treasure Island) market post hurricane(s). We are wanting to be as close to the water as possible. The market has understandebly dipped and it seems that it would be a good time to get in. It seems that most condos are selling at the purchase price from 1-2 years prior.

I am from Iowa so our goal would be to use it in the winter months (dec,jan,fab) and try and break even off the income from the remaining months. 

Does anyone have a successful STR condo in the Treasure Island area? How do you stand out as a desireable unit in a town that is saturated with many of the same cookie cutter condo 2b 2ba. It seems that STR regs are different per building. Andy advice is appreciated!