Welcome to this stunning beachfront condo directly on the Gulf of Mexico, offering the ultimate in luxury living. This 3-bedroom, 2-bathroom unit spans 1, 400 square feet and has been fully renovated, providing a turn-key opportunity with weekly rentals allowed for income potential. Listing agent is managing agent and can provide income details upon request. The current owner uses the condo a lot and in addition has earned around $75, 000 gross rental income year on year. Forward bookings will convey if the buyer wants to retain the current property manager.
Located just steps from the ocean, the thoughtfully designed layout includes high-end finishes and furnishings throughout, and spacious deck with a peek-a-boo view of the ocean.
The updated kitchen features sleek cabinets, granite countertops, stainless steel appliances. The main bedroom serves as a serene retreat, complete with a king-sized bed, a large walk-in closet, and an elegant walk-in shower. With split bedrooms for added privacy, the second and third bedrooms offer the perfect balance of work and relaxation space. The AC system was just replaced in 2024. The building itself just recently had a roof replacement in 2024.
Step outside to the Gulf-side heated pool and hot tub, set amidst a large open pool deck with BBQ grills and restrooms—ideal for entertaining or unwinding. The outdoor space here is a rare gem among beachfront properties, offering some of the best views for watching sunsets and enjoying the serene surroundings.
Conveniently located near St. Pete, Clearwater and Tampa International Airport, this condo includes one under-building parking space, additional guest parking, bike racks, car wash area and kayak storage. Shopping, entertainment and dining, public transportation, and easy access to I-275 are all nearby, blending convenience with luxury. The unit is being sold "turnkey, " providing immediate enjoyment or the potential for income through short-term rentals.
With on-site caretaker and high rental income potential, this property presents a fantastic investment opportunity. Don’t miss the chance to own a luxurious beachfront property with quiet, uncrowded, powdery white sand beaches—ideal for watching both sunsets and sunrises. Experience the pinnacle of beachfront living in Indian Shores, FL.
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William Raveis Mortgage, LLC
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.375% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.498% | 6.579% |
Monthly Tax Payment | $900 | $900 | $900 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,605 | $4,487 | $6,216 |
Total Monthly Payment | $5,597 | $5,479 | $7,208 |
* 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.