1209 Bay Palm BOULEVARD, Indian Rocks Beach, FL, 33785 | $639,000

CALLING ALL INVESTORS. . . NIGHTLY RENTAL, NO RESTRICTIONS. . . Don't let this opportunity pass you by. Due to the home having very minimal damage from the storm. You have several options. 1) do some cosmetic work and open it as an Airbnb. 2) tear it down and build your dream home bigger and better. 3) live in it. 4) Airbnb it now and rebuild at a later date while your guests are paying off your mortgage and you have your own beach house to stay in at any time. 5) or do whatever you feel. Owner financing is possible as well.
The land is conservatively valued at $619, 761 and the home itself is conservatively valued at $77, 746
Whether you renovate or start anew, this location promises boundless potential. Your Vision Awaits. . . Build Up, Build New, or Renovate! This is your chance to create a unique coastal gem tailored to your taste. Imagine the possibilities. Whether you're looking to establish a second home, a rental property, or an artistic sanctuary, this site is brimming with potential with an oversized lot. Make It Yours and contact me today to explore the possibilities for your new investment. The chance to own a slice of paradise in Indian Rocks Beach is here, don't let it slip away! This 2 bedroom Island Home in Indian Rocks Beach is a couple blocks from the beach, 2 blocks from the park with skateboard ramps, baseball field, basketball, tennis, etc. Located in the heart of Indian Rocks beach within walking distance to shops, bars, and restaurants. . . all within a short walk the ideal lifestyle for both relaxation and adventure! . Very safe neighborhood. Centrally located off Gulf Blvd to Clearwater Beach, John's Pass, St. Pete Beach. Concerts, Professional Sports, Endless Entertainment, Best Beaches. We have the Airbnb numbers, which are great for this 2/1 beach home with exceptional lot to build back bigger and better or put a little money into it and reopen as an Airbnb with bookings on the books already for 2025 already.

Features

  • Rooms: 3
  • Bedrooms: 2
  • Baths: 1 full
  • Lot Size: 50 x 136
  • Laundry: Electric Dryer Hookup, Washer Hookup
  • Style: Bungalow
  • Year Built: 1947
  • Garage: Off Street
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 925
  • Acreage: 0.19
  • Lot Size: 50 x 136
  • Est. Taxes: $7,365
  • Lot Desc: Level
  • Elem. School: Anona Elementary-PN
  • Middle School: Seminole Middle-PN
  • High School: Largo High-PN
  • Pet Policy: Yes
  • Appliances: None
  • MLS#: TB8324031
  • Days on Market: 17 days
  • Website: https://www.raveis.com
    /prop/TB8324031/1209baypalmboulevard_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 12/26/2024 1:27:57 AM)
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1209 Bay Palm BOULEVARD, Indian Rocks Beach, FL, 33785

$639,000

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 $511,200 $511,200 $511,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment $614 $614 $614
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,531 $3,444 $4,348
Total Monthly Payment $4,237 $4,150 $5,054

* 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.