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725 1ST ST, Indian Rocks Beach, FL, 33785 | $1,150,000
Steps away from the Beach. **Investment Opportunity – IRB - Welcome to your perfect coastal investment property, ideally located just one block from the pristine sandy beaches of IRB and within blocks of the iconic Crabby Bill's and other popular dining spots. This charming duplex offers two spacious units with 1, 650 sq. ft. of heated living space, 1-bath each and a total gross area of 3, 430 sq. ft. , making it a versatile investment for rental income or personal enjoyment. **Short-Term Rental Friendly - No restrictions on nightly rentals! The property is professionally managed by a local vacation rental company that provides the owner with a net monthly income. The property has a strong rental history (to be provided during due diligence), especially during Florida's busy tourist season. **Prime Location - Just steps from the beach and near all the vibrant attractions in IRB. Known for its laid-back charm, IRB is a sought-after Gulf Coast destination with convenient access to Tampa Bay, Clearwater Beach, and St. Petersburg. **Parking & Potential - The property includes 667 sq. ft. of covered parking and an additional 1, 048 sq. ft. of utility space. This lower level offers exciting potential for private storage, a community laundry area, or even an owner's closet. It is feasible to change the units to 2/2 with the community laundry downstairs. The lot is deep enough for RV parking, boat parking & vehicle storage. **Outdoor Living - Enjoy the coastal breeze from the private patio and deck, creating the perfect setting for entertaining guests or simply relaxing after a day at the beach. Whether you're seeking a lucrative vacation rental property or a personal coastal retreat, this turnkey duplex is ready to generate income from day one. Don't miss your chance to invest in one of Florida’s most beloved beach communities! Schedule a private showing today!
Features
- Amenities: Cable TV
- Bedrooms: 8
- Units: 2
- Lot Size: 50 x 115
- Laundry: In Garage
- Year Built: 1983
- Garage: Curb Parking, Golf Cart Parking, Ground Level
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 1,650
- Acreage: 0.13
- Lot Size: 50 x 115
- Est. Taxes: $9,646
- Lot Desc: FloodZone, City Lot, Level
- View: City
- Elem. School: Anona Elementary-PN
- Middle School: Seminole Middle-PN
- High School: Seminole High-PN
- Pet Policy: Breed Restrictions
- Appliances: Dishwasher, Disposal, Refrigerator
- MLS#: TB8351496
- Days on Market: 32 days
- Website: https://www.raveis.com
/prop/TB8351496/7251stst_indianrocksbeach_fl?source=qrflyer
Listing courtesy of BRODERICK & ASSOCIATES INC Phone: 727-544-1403
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
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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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
725 1ST ST, Indian Rocks Beach, FL, 33785
$1,150,000
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 |
|
|---|---|---|---|
| Loan Amount | $920,000 | $920,000 | $920,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.500% | 6.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.861% | 6.637% | 6.540% |
| Monthly Tax Payment | $804 | $804 | $804 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,590 | $5,815 | $7,951 |
| Total Monthly Payment | $6,519 | $6,744 | $8,880 |
* 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