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19652 Gulf BOULEVARD, Indian Shores, FL, 33785 | $647,700
Under contract-accepting backup offers. Cozy 2-Unit Beach Cottage! This is an incredible investment opportunity that comes fully furnished and turn-key. You can enjoy absentee ownership with a property manager living next door to handle all responsibilities, including all communication with guests and overall management of the two units. Seller spends an average of 1 hour per month on this investment. The cottage has a fantastic track record on Airbnb, boasting a 4. 8 out of 5-star rating from more than 600 reviews. Both units are fully booked for March and April and are filling up quickly for the rest of the year, meaning you can start receiving income the very day you close. The cottage is ideally situated only steps from the beach. Plus, conveniently located just across the street is a Coffee shop; a Beach store; Bike and scooter rental; other shops; a Bar and Restaurant with a trolley stop and pedestrian crosswalk just a hundred feet away.
The units are consistently kept modern and up-to-date. The cottage has been generating income for several years. The average gross revenue for the last three years is $77, 000 annually. The property is situated on higher ground than others in the area, experiencing minimal impact from Helene or Milton. Contact the agent for further details on income and links to the Airbnb listings. The longtime property manager is also interested in continuing with the new owner, which is a huge plus!
Enjoy the beautiful Gulf beaches—just steps away from the sand and the Gulf of Mexico, with plenty of restaurants and shopping nearby. It's a perfect spot to relax and have fun!
Features
- Bedrooms: 2
- Units: 2
- Lot Size: 36 x 45
- Laundry: Electric Dryer Hookup, Laundry Closet, Outside, Washer Hookup
- Year Built: 1947
- Garage: Open
- Heating: Electric, Heat Pump
- Cooling: Mini-Split Unit(s)
- Approx Sq. Feet: 720
- Acreage: 0.04
- Lot Size: 36 x 45
- Est. Taxes: $7,890
- Lot Desc: Flood Insurance Required, FloodZone
- View: Water
- Elem. School: Bauder Elementary-PN
- Middle School: Seminole Middle-PN
- High School: Seminole High-PN
- Appliances: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- MLS#: TB8353555
- Days on Market: 11 days
- Website: https://www.raveis.com
/prop/TB8353555/19652gulfboulevard_indianshores_fl?source=qrflyer
Listing courtesy of RE/MAX ALLIANCE GROUP Phone: 813-259-0000
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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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
19652 Gulf BOULEVARD, Indian Shores, FL, 33785
$647,700
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $518,160 | $518,160 | $518,160 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
| Monthly Tax Payment | $658 | $658 | $658 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,233 | $3,404 | $4,338 |
| Total Monthly Payment | $3,983 | $4,154 | $5,088 |
* 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