2505 Bay BOULEVARD, #1, Indian Rocks Beach, FL, 33785 | $699,000

Fantastic Opportunity in Indian Rocks Beach with a Boat Slip & 10, 000 lbs lift! This perfectly situated condo, just two blocks from the beach, offers 2 bedrooms and 2 full baths—an incredible find with a deep-water boat slip included! The expansive east-facing rear balcony provides stunning, unobstructed views of a beautiful cove that leads out to the Intracoastal. Experience the vibrant activity of the Intracoastal Waterway, with the Gulf of Mexico just a short boat ride away via Clearwater Pass. The building boasts newer Hardie board siding, fresh exterior paint, a whole-building water softener, and a new roof installed in 2015. Inside, the unit has been upgraded with impact windows and doors, a renovated kitchen features granite counters, stainless steel appliances, luxury vinyl flooring throughout, and plenty of built-ins. This prime corner unit is located on the second floor of a quiet, 3-story building with just five units, situated in a peaceful neighborhood street in Indian Rocks Beach. The under-building parking provides tandem spaces for two vehicles plus a golf cart, along with secured ground-floor storage. There’s ample space for paddleboards and beach equipment, as well as an outdoor shower and a grilling area by the boat slips. This condo and Indian Rocks Beach have it all! Local shops, restaurants, and bars are easily accessible by foot, bike, or golf cart. Don’t miss out on this incredible opportunity to embrace the ultimate Florida lifestyle!

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 1
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 120 x 110
  • Laundry: Inside
  • Complex: BAY COVE MANOR CONDO
  • Year Built: 1981
  • Common Charge: $635 Monthly
  • Approx Sq. Feet: 1,090
  • Est. Taxes: $7,060
  • Lot Desc: FloodZone
  • Pet Policy: Size Limit, Yes
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • MLS#: TB8304759
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/TB8304759/2505bayboulevard_indianrocksbeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/21/2024 4:47:10 PM)
Listing courtesy of ENGEL & VOLKERS BELLEAIR   Phone: 727-461-1000

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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2505 Bay BOULEVARD, #1, Indian Rocks Beach, FL, 33785

$699,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $559,200 $559,200 $559,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment $588 $588 $588
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,720 $3,717 $4,716
Total Monthly Payment $4,400 $4,397 $5,396

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.