Two Hurricanes - ZERO damage and ZERO water intrusion. . . built to last ||||Commercial Tourist Multifamily Zoning, Zoned for Short Term Rental. | DIRECT GULF FRONTAGE | Gulf Front Multifamily | 3 Units |||||
Welcome to 1600 Beach Trail, a stunning gulf-front property in Indian Rocks Beach, FL. This property boasts six bedrooms and four bathrooms across three separate units, with a total of 3100 sq feet of space. The main unit features a beachfront view, three bedrooms, and two bathrooms, offering a spacious and luxurious living experience.
This property has been fully renovated in 2023 and features a plethora of new additions such as a new AC system, a new roof with a vaulted ceiling, and a brand new custom kitchen. The flooring has been refreshed, and there's a brand new heated pool surrounded by travertine tile.
The property also offers direct gulf frontage, providing unobstructed views of the beach and ocean. With no rental minimum, the units can be utilized for vacation or short-term rentals, offering a potential income stream for the owner.
The Indian Rocks Beach community welcomes you with a warm, inclusive environment, and the property's prime location provides easy access to local amenities. This property is not just a home, but a lifestyle offering the unique blend of comfort, luxury, and the serenity of beachfront living.
50 ft Direct Gulf Frontage. |
3100 total sq feet |
Owners Unit is beach front 2050 sq feet (3 bedroom / 2 bath) |
Brand new heated pool with travertine tile |
Fully renovated (2023). |
Unit 2 | 1 bedroom / 1 bath |
Unit 3 | 2 bedroom / 1 bath |
Zoned for Vacation / STR - no rental minimum - Daily and weekly.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,500,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,600,000 | $3,600,000 | $3,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $2,276 | $2,276 | $2,276 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $23,051 | $23,051 | $31,608 |
Total Monthly Payment | $25,452 | $25,452 | $34,009 |
* 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.