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Welcome to a rare investment opportunity that promises exceptional returns in coveted Indian Rocks Beach. NO DAMAGE FROM ANY RECENT STORMS!! Currently generating an impressive $111K+ in annual income through short-term rentals on Airbnb and VRBO, this **FULLY FURNISHED** 3-bedroom, 2-bath corner unit treasure sits on the sought-after west side of Gulf Blvd in an intimate 4-unit building. As a turnkey property, you can start earning from day one with minimal effort, capitalizing on the ever-growing demand for premium beachfront accommodations in this desirable location.
Beyond its impressive income potential, this property offers the perfect opportunity to create your permanent beachside sanctuary. Imagine waking up each morning just steps away from sinking your toes into sugar-white sands. This southwest corner unit captures breathtaking sunset views that paint the sky in vibrant hues every evening – a spectacular daily ritual visible from your private west-facing balcony where the rhythmic sounds of crashing waves create the perfect backdrop to coastal living.
Your beach haven features a NEW roof and freshly painted exterior ensuring long-term durability and peace of mind. Inside, the bright, open floor plan showcases luxury vinyl plank flooring throughout, complemented by elegant tile bathrooms including an en-suite primary bath. The gourmet kitchen boasts stone countertops and stainless steel appliances, perfect for preparing fresh seafood meals or entertaining guests. The primary suite includes a generous walk-in closet, while practical amenities like a full-size washer & dryer in a separate interior closet make everyday living convenient and comfortable.
Ownership includes two assigned under-building parking spaces and a private storage closet for all your beach essentials. Perhaps most appealing for property owners is the remarkably comprehensive HOA fee that covers water, sewer, trash, exterior maintenance, pest control, AND property insurance – allowing you to enjoy a truly low-maintenance lifestyle whether you're in residence or managing from afar.
Indian Rocks Beach offers the perfect blend of laid-back coastal charm and vibrant community amenities. From waterfront nature parks and outdoor fitness areas to sports courts, resident-only beach parking, and the area's renowned dining scene – all within a golf-cart friendly community that epitomizes the Florida dream. Whether as your primary residence, vacation home, or investment property, this second-story coastal gem represents an opportunity that combines personal enjoyment with exceptional financial potential. Don't miss your chance to own a piece of paradise that has proven its resilience against nature's forces while delivering consistent returns. Schedule your private showing today!
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,035,000
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 | $828,000 | $828,000 | $828,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.907% | 6.610% | 6.535% |
Monthly Tax Payment | $733 | $733 | $733 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,098 | $5,234 | $7,156 |
Total Monthly Payment | $5,956 | $6,092 | $8,014 |
* 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.