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2211 Bay BOULEVARD, Indian Rocks Beach, FL, 33785 | $2,000,000
Auction Property. SALE HELD AT THE PROPERTY ON SATURDAY FEBRUARY 8th AT 11: 00 am. Preview from 10: 00 am on sale day. Because this is an auction sale, the home may sell for less or more than the list price.
4-Plex income-generating property offers flexible rental opportunities, including SHORT-TERM rentals with city application.
The previous owner used the property as an Air B&B.
Located on picturesque Deep-Water Cove leading to the Intracoastal waterway is a dream come true for investors or those seeking the ultimate Florida lifestyle. Ideally located just blocks from the sugar-white sands of Indian Rocks Beach
Each of the four identical units boasts a spacious 2-bedroom, 2-bathroom layout. Two units feature serene open-water views, while the other two enjoy charming street views. Inside, discover modern updates with new or brand-new appliances and fixtures, perfect for long-term, seasonal, or vacation rentals.
Premier waterfront amenities set this property apart. A private dock includes one 13, 000 lbs-boat lift and two jet ski lifts, with additional space for more watercraft. Boaters will appreciate the easy access to the Gulf of Mexico, while fishing enthusiasts can cast their lines right from the dock. The fully brick-paved patio provides an ideal outdoor dining and relaxation setting, with endless dolphin sightings adding to the charm.
Other highlights include a shared laundry room for tenant convenience, ample parking, a dedicated carport space for each unit, and extra guest parking. This property is close to city parks featuring tennis and basketball courts, playgrounds, and recreational amenities.
With no rental minimums and Close access to local dining, entertainment, trolley, and the Beach the property offers endless potential as a turnkey investment. The bottom 2 units were damaged during the last storm. Electrical, Plumbing, Bathrooms, and More are complete. Need drywall, lower cabinets, etc. Great Opportunity for a High-Income Property.
. . . . . . . . BUYER will receive a general warranty deed free and clear of all debts, guaranteed with a title insurance policy at closing. . . WILL ENTERTAIN OFFERS PRIOR TO THE AUCTION SALE.
Features
- Bedrooms: 8
- Units: 4
- Lot Size: 58 x 120
- Laundry: Common Area, Inside, Laundry Room
- Year Built: 1970
- Heating: Central, Electric
- Cooling: Central Air
- Approx Sq. Feet: 3,918
- Acreage: 0.16
- Lot Size: 58 x 120
- Est. Taxes: $22,859
- Lot Desc: FloodZone
- View: Water
- Elem. School: Anona Elementary-PN
- Middle School: Seminole Middle-PN
- High School: Largo High-PN
- Appliances: Dishwasher, Disposal, Microwave, Range, Range Hood, Refrigerator
- MLS#: TB8335976
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/TB8335976/2211bayboulevard_indianrocksbeach_fl?source=qrflyer
Listing courtesy of AMERICAN HERITAGE REALTY, INC. Phone: 727-726-7272
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
2211 Bay BOULEVARD, Indian Rocks Beach, FL, 33785
$2,000,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,600,000 | $1,600,000 | $1,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.125% | 6.750% | 6.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.239% | 6.849% | 7.037% |
| Monthly Tax Payment | $1,905 | $1,905 | $1,905 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,780 | $10,378 | $14,270 |
| Total Monthly Payment | $12,810 | $12,408 | $16,300 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388