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$830,000

Beds
2
Baths
2.0
sq ft
1,000

19836 Gulf Blvd Unit 5B, Indian Shores, FL 33785

19836 Gulf Blvd Unit 5B

INDIAN SHORES, FL 33785

  • 106 days on market
    • Price drop $20,000↓
Unique Turnkey Beachfront Condo in Village Sands is a Rare Opportunity! These units RARELY become available, but here's your chance to own a newly renovated beachfront condo in the highly desirable Village Sands community! Just steps from the beach, this condo offers stunning ocean views and breathtaking sunsets. With low HOA fees and a remarkable rental history providing an NOI of $50K+ in the last 12 months, this property is a fantastic investment opportunity. Village Sands is a one-of-a-kind community featuring only 10 units, spread across 5 buildings with just 2 units per building. This condo boasts an open, split floor plan that is light and bright, having undergone a comprehensive renovation in late 2020. The upgrades include a brand-new kitchen with white shaker cabinets and quartz countertops, updated flooring, modern bathrooms with new vanities, shower tile, hardware, and fresh paint throughout. Enjoy water views from the living, dining, and kitchen areas. Additional recent upgrades include a new roof in December 2023 and a new AC system in January 2024. Two hurricane-impact sliding glass doors lead to a large covered balcony, adding an extra 375 sq ft of outdoor living space where you can listen to the waves and enjoy the beautiful ocean views. The property offers covered parking under the building with space for 3 vehicles, includes a storage unit for beach gear and has an outdoor shower area to wash off the sand after having an amazing day on the beach. With private beach access, you'll enjoy 200 feet of exclusive beachfront just before the stunning and family-friendly beaches of Indian Shores. Conveniently located close to restaurants, coffee shops, beach stores, and convenience stores, this condo is perfect for a second home or rental investment property. Short-term rentals are allowed (no minimum stay), the community is pet-friendly, and the HOA fees are a low $3,400 per year. This covers basic cable TV, internet, building maintenance, water/sewer/trash, and ground maintenance. The condo is turnkey and fully furnished with bookings through April 2025 that can be transferred to new owners, or if you're looking to make it a primary residence, the current owner can cancel the future bookings. Don't miss out on this incredible opportunity to own a piece of paradise at Village Sands!

Details

Property type

Condominium

Est. home value

$715,665

Lot size

Unknown

Price per sq ft

$830

Year built

1978

Annual property taxes

$7,878

HOA

Yes

Price History

08/28/2024
StellarMLS

StellarMLS #T3542890

Price change
$830,000
-2.35%
07/20/2024
StellarMLS

StellarMLS #T3542890

Listed
$850,000
+101.42%
06/28/2019
StellarMLS

StellarMLS #J905529

Sold
$422,000

Schools & Community

Elementary school: 

Bauder Elementary-PN

Middle school: 

Seminole Middle-PN

High school: 

Seminole High-PN

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$419,623
Asking price
$830,000
Closing costs (~8% of asking)
-$66,400
Est. remaining loan balance
-$343,977
Cash to seller
$419,623

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Citizens Bank Na

Loan start date

January 2021

Original loan amount

$376,000

Est. remaining balance

$343,977

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Kate E Walker

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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20070 Gulf Blvd Unit 5, Indian Shores, FL 33785

Status: Active

Tomo last checked: 11/03/2024 at 7:25 AM

Listing updated: 09/23/2024 at 8:32 PM

Listed by: James Roy, JAMES ROY REAL ESTATE Phone #: (813) 702-1550

MLS: StellarMLS #T3542890

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