Let’s be clear! This existing 1949 Indian Rocks Beach home experienced flooding and damage from the recent hurricanes, but the property remains one of the premier Intracoastal waterfront locales with one of the most desirable Intracoastal views on the island. The incredible home site offers a long water view, and deep-water Intracoastal frontage. The property has over 59 feet of seawall overlooking the 9-acre Indian Rocks Beach Nature Preserve and the John Bonner Nature Park at Intracoastal Marker 39 in Clearwater Harbor of IRB. The property includes a big private dock and a swimming pool where the owner’s family have enjoyed many special times. This is among the best “big water” properties in IRB and is not buried down a narrow shallow canal. It has 7, 536 square feet including 60 feet of frontage and over 123 feet of depth, offering convenient a direct access to the Intracoastal and the Gulf of Mexico through Clearwater Pass. From the backyard and dock you can enjoy a relaxing gaze south down the Intracoastal, summer breezes, and perhaps breathtaking views of sunrise and sunset. Indian Rocks Beach is a desirable beach vacation destination guided by a close-nit and genuine local flavor community determined both to stay small and welcoming. Your dream home is waiting to be brought to life. This is an exceptional investment opportunity that comes with allowed short-term rentals, or it could be the perfect site for a luxurious vacation home. The property is ideally located near great local waterfront restaurants and easy access to the Gulf of Mexico and nature of the Intracoastal. Getting to the beach is a breeze with convenient beach accesses, and priority resident and golf cart parking. You’ll find yourself just a couple minutes to the beach or you can enjoy a golf cart ride in this golf-cart-friendly community. The community also offers tennis & pickleball courts, basketball & skate parks, beach art center, library and dog park. The properties’ central Pinellas County and Tampa Bay location place you near two international airports, world famous fishing, championship professional sports, and vibrant downtown St Pete. Don't miss your chance to create your own piece of paradise in Indian Rocks Beach. Buyer to verify all aspects of property being suitable for buyer’s purposes and with the right contract the Owner may negotiate the house demolition.
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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 | $932,000 | $932,000 | $932,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 6.748% | 6.786% |
Monthly Tax Payment | $318 | $318 | $318 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,123 | $5,968 | $8,183 |
Total Monthly Payment | $6,566 | $6,411 | $8,626 |
* 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.