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Under contract-accepting backup offers. Your Dream Beach Bungalow Awaits! Discover the Ultimate Coastal Retreat in this delightful beach bungalow perfectly positioned just steps away from the sparkling shoreline! Unlock the potential of Coastal living with this Beach residence that is a blank canvas waiting for your personal touch and creative vision. Renovate, Elevate or Rebuild New! Embrace the serene beach lifestyle with this captivating haven that offers tranquility and lasting memories. Situated in the heart of Indian Rocks Beach, this 2 BR, 2 BA (one in the garage), 1, 276 square foot, Rock Solid Block home with 1, 276 square feet of living space (1, 940 Total) and an oversized one car garage, is full of cozy charm and offers an inviting layout filled with natural light and versatility. There is a custom, paver driveway with an additional paver area on the side of the home (perfect for the boat!). The spacious, tropically inspired fenced yard, adorned with numerous majestic Palm trees that were planted years ago, offers endless opportunities for landscaping, gardening and outdoor entertaining – it’s also large enough for a family sized inground pool! The backyard has a paver patio area overlooking the yard just adjacent to the Lanai. Enjoy the numerous activities just steps away to include the public boat ramp/launch (15th Ave. Boat Launch) and City Park just one block down the street, walkable restaurants, shops, parks, nature preserve, dog park, tennis and pickleball courts, baseball field, basketball courts, historical museum, City Hall, Art Center and much more! No HOA or Lease restrictions – short-term rentals are allowed presenting the rare opportunity of an investment property and or second home! Please note: The MLS pictures shown are all of the current condition of the home. Buyer is advised to review all applicable FEMA/State/County/City reconstruction guidelines and any other matters deemed important to the Buyer. The home had water during the Hurricanes but was remediated immediately by Serv-Pro. The water, electric and AC are all fully operational. The home is being sold in As Is condition.
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Our Executive Mortgage Banker:
Our Insurance Division:
$595,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $476,000 | $476,000 | $476,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.066% |
Monthly Tax Payment | $381 | $381 | $381 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,970 | $3,127 | $3,953 |
Total Monthly Payment | $3,443 | $3,600 | $4,426 |
* 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.