1401 Bay Palm BOULEVARD, Indian Rocks Beach, FL, 33785 | $590,000

Explore the possibilities. Yes, the property sustained flooding during recent storms (Sept 2024), yes, flood cuts and treatment have been professionally completed with full remediation documentation available, yes the property is being sold AS-IS, and YES, this is a great opportunity to purchase property in Indian Rocks Beach (IRB). The existing structure is block construction and sits on a surprisingly large lot just 2 blocks from the beach and a short distance to a plethora of fun in the sun activities. IRB is an outstanding, friendly and highly desirable beach community for full-time / seasonal residents and visitors alike. Short term rentals are allowed for single family homes giving you flexible occupancy and additional income options should you desire. Golf-cart friendly with designated golf cart parking spaces at the beach accesses. Community pickleball and tennis courts, playgrounds, basketball court, skate park, Little League baseball, townhall, beach art center and library, several parks (including a waterfront nature park with outdoor exercise equipment), dog park, resident reserved beach parking, plus great local restaurants and shops ALL within the IRB community. Boat/watercraft parking is allowed on property, and the IRB resident use only boat ramp is located at the East end of 15th Ave. PLEASE NOTE: The MLS pictures shown are a mixture of the current and pre-storm condition. Buyer is advised to review all applicable FEMA/State/County/City reconstruction guidelines and any other matters deemed important to the Buyer.

Features

  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 49 x 122
  • Laundry: Electric Dryer Hookup, In Garage, Washer Hookup
  • Year Built: 1955
  • Garage: 1-car Driveway, Garage Door Opener
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 878
  • Acreage: 0.16
  • Lot Size: 49 x 122
  • Est. Taxes: $9,660
  • Lot Desc: Corner Lot, FloodZone, City Lot, In County, Landscaped, Near Public Transit
  • Elem. School: Anona Elementary-PN
  • Middle School: Seminole Middle-PN
  • High School: Largo High-PN
  • Pet Policy: Yes
  • Appliances: None
  • MLS#: TB8301586
  • Days on Market: 69 days
  • Website: https://www.raveis.com
    /prop/TB8301586/1401baypalmboulevard_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 12/22/2024 4:32:13 PM)
Listing courtesy of COASTAL PROPERTIES GROUP INTERNATIONAL   Phone: 727-493-1555

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1401 Bay Palm BOULEVARD, Indian Rocks Beach, FL, 33785

$590,000

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 $472,000 $472,000 $472,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $805 $805 $805
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,180 $3,137 $3,980
Total Monthly Payment $4,077 $4,034 $4,877

* 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.