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$1,050,000

Beds
1
Baths
1.0
sq ft
480

960 Gulf Blvd Unit 5, Indian Rocks Beach, FL 33785

960 Gulf Blvd Unit 5

INDIAN ROCKS BEACH, FL 33785

  • 61 days on market
Welcome to your perfect Gulf front getaway, directly on Indian Rocks Beach! This delightful one-bedroom, one-bathroom beach cottage offers stunning views and is just steps from the water, allowing you to enjoy daily sunsets and the serene sounds of the waves. This property is not only a charming beach retreat but also a fantastic income opportunity. Currently renting below market rate, it generates an impressive $95k annually before expenses, making it an ideal income property for savvy investors or those looking to embrace the Florida lifestyle. Recent updates include a 2024 washer and dryer, and a 2023 AC unit for your comfort. This cottage comes fully furnished, with a brand new couch, making it move-in ready or rental-ready with ease.The freshly stained deck invites you to lounge and soak up the Florida sun while enjoying beach views. Inside, you'll find high ceilings and ceiling fans that create a spacious and airy coastal atmosphere. The open dining room and kitchen combo features a breakfast bar for additional seating, perfect for entertaining friends and family. The fully equipped kitchen ensures you have everything you need to whip up meals after a day at the beach. Across the street, enjoy a dog park and nature preserve, while local restaurants and shopping options are just a short stroll away. Don’t miss out on this incredible opportunity to own a piece of paradise on Indian Rocks Beach. Whether you're looking for a profitable investment or a place to call home, this beach cottage is the perfect choice. Schedule your viewing today!

Details

Property type

Single Family Residence

Est. home value

$992,628

Lot size

2,300 sq ft

Price per sq ft

$2,188

Year built

1948

Annual property taxes

$13,600

HOA

No

Price History

09/19/2024
StellarMLS

StellarMLS #TB8304314

Listed
$1,050,000
+91.96%
09/17/2018
StellarMLS

StellarMLS #U7831746

Sold
$547,000
-21.29%
09/29/2006
StellarMLS

StellarMLS #U7192269

Sold
$695,000

Schools & Community

Elementary school: 

Anona Elementary-PN

Middle school: 

Seminole Middle-PN

High school: 

Seminole High-PN

Seller’s Loan History

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

Lender

Tcf National Bank

Loan start date

September 2018

Original loan amount

$27,300

Est. remaining balance

Not provided

Interest rate

3.93%

Loan type

Credit Line (Revolving), 30 year

Seller

Jessica Binnie and Matthew Binnie

Lender

Paramount Residential Mortgage Group Inc

Loan start date

September 2018

Original loan amount

$437,600

Est. remaining balance

$388,852

Interest rate

4.54%

Loan type

New Conventional, 30 year

Seller

Jessica Binnie and Matthew Binnie

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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Status: Active

Tomo last checked: 11/19/2024 at 3:20 PM

Listing updated: 09/20/2024 at 6:55 AM

Listed by: Jeffrey Borham, PA, EXP REALTY LLC Phone #: (866) 308-7109

MLS: StellarMLS #TB8304314

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