Welcome to 822 Gulf Boulevard, a sunny coastal retreat in the heart of Indian Rocks Beach. Sitting directly on the sand side, this may be exactly what you've been looking for with three beach cottages included in this parcel. These units can each be rented as short as 1-7 days, and anything above. Looking for an additional source of income? You can live in one and rent the other two out. Cottages 4 and 5 each have two bedrooms and 1 bath, while Cottage 6 has 1 bedroom and 2 baths. Each charming cottage features open, airy floor plans with high ceilings and skylights. All cottages have quaint front porches perfect for slowing down and lazing the day away in the salty air and fenced-in back decks, perfect for "grillin' and chillin'. " Your investment is protected with metal roofs and impact windows. Each unit is lifted a few feet off the ground which helped tremendously during the storms. Cottages need some TLC but are ready for new flooring. Come visit and inhale the warm salty air for yourself. 820 Gulf Boulevard next door is available as well with a stilt home and duplex. Call for more details.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,800,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,440,000 | $1,440,000 | $1,440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.559% | 6.723% | 6.847% |
Monthly Tax Payment | $1,010 | $1,010 | $1,010 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,340 | $9,220 | $12,643 |
Total Monthly Payment | $10,475 | $10,355 | $13,778 |
* 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.