9980 Gulf BOULEVARD, #512, Treasure Island, FL, 33706 | $407,000

Open and business as usual in this beautiful gulf front investment opportunity on historic Treasure Island Beach. No water in unit and the pool and tiki bar have been restored. The lobby is getting finished up now. The perfect opportunity for your Short Term Rental Business directly on The Gulf of Mexico. Island Inn has it's own Tiki Bar with a lounge area, large heated pool, 4 gas grills (when you want to grill yourself), volleyball court. Fishing Pier, Boat slips (first come first served), and RV parking (across the street on ICW). Monthly maintenance fee includes everything to make it completely turn key. Recent special assessment updates include Concrete Repair & Modernization, Additional Engineering Costs (Threshold-Building Inspections Certifications), Seawall Repair, Plumbing Renewal, Luggage Carts, Lobby Floor, Lobby Ceiling, Pool Solar Heating, Door-locks Upgrade, Pool Furniture, Patio Furniture, Elevator Cab Modernization, EV Charging Stations, Property-wide Wall Signage and Property Landscaping.

Features

  • Elevator: Y
  • Heating: Wall Units / Window Unit
  • Cooling: Wall/Window Unit(s)
  • Levels: 1
  • Rooms: 2
  • Baths: 1 full
  • Complex: ISLAND INN CONDO
  • Year Built: 1976
  • Common Charge: $690 Monthly
  • Approx Sq. Feet: 365
  • Acreage: 0.91
  • Est. Taxes: $4,485
  • View: Water
  • Pet Policy: No
  • Appliances: Cooktop, Microwave, Refrigerator
  • MLS#: U8200977
  • Days on Market: 455 days
  • Website: https://www.raveis.com
    /prop/U8200977/9980gulfboulevard_treasureisland_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 1:37:08 PM)

William Raveis Family of Services

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Sande RandSales Associate

843.707.2722

Sande.Rand@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 7654

401.474.4879

Whitney.Rugg@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Yokadi MejiaInsurance Sales Director, William Raveis Insurance

561.335.7966

Yokadi.Mejia@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

9980 Gulf BOULEVARD, #512, Treasure Island, FL, 33706

$407,000

Sande Rand

Sales Associate

William Raveis Real Estate

Phone: 843.707.2722

Sande.Rand@raveis.com

Whitney Rugg

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 401.474.4879

Whitney.Rugg@raveis.com

NMLS Mortgage Loan Originator ID 7654

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $325,600 $325,600 $325,600
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 $374 $374 $374
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,166 $2,164 $2,746
Total Monthly Payment $2,615 $2,613 $3,195

* 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.