2311 Bay BOULEVARD, Indian Rocks Beach, FL, 33785 | $2,495,000

Waterfront Quadplex with boat dock, 2 slips, lift, and Davits in Sunny Indian Rocks Beach. The photos are pre-storm. This unit has experienced some flooding on the first level which is in the process of repair. Just steps to the beach, and the use of Intracoastal Boating, makes this location, the best of both worlds. Just a short time after the storms, Indian Rocks Beach is returning to normal. The pubs and beach restaurants are open for business. The tourists and snowbirds have returned for sun and fun. Seller keeps his personal boat out back and often let's friends and family use the top floor apartment, which is a stunning 3 bed/2 full baths, inside laundry, two decks, garaged parking space, open cove views with access to the intracoastal, and destinations beyond. There are two, good size, 2bed/1bath units on the ground level with a connecting door turning those units into a 4 bed/2bath with two kitchens, plenty of extra sleeping, accommodations for a large family, or two families who like to travel together. The Efficiency unit is completely renovated with a market monthly rent of $1500 per month. The structure has a new roof, roof deck, along with interior upgrades making this an incredible investment and will be delivered fully furnished, in turnkey condition, for both income and/or personal usage. Just steps to the Indian Rocks Public Beach access. Cocoa's Pub, Sandy's Breakfast Place, Beach Waves Grill, Café de Paris Bakery, all at the end of the block. Located just a short ride to Tampa International Airport, Downtown St Petersburg, Innsbrook Golf course, and much more. Please contact me for detailed financials and to schedule a showing. Please do not disturb occupants.

Features

  • Bedrooms: 7
  • Units: 4
  • Lot Size: 54 x 120
  • Laundry: Other
  • Year Built: 1961
  • Garage: 2-car Assigned, Driveway, Ground Level, Guest, Off Street, Open
  • Heating: Central, Electric, Wall Units / Window Unit
  • Cooling: Central Air, Wall/Window Unit(s)
  • Approx Sq. Feet: 3,418
  • Acreage: 0.15
  • Lot Size: 54 x 120
  • Est. Taxes: $27,556
  • Lot Desc: FloodZone, City Lot, Landscaped, Level, Sidewalk
  • Pet Policy: Yes
  • Appliances: Range, Refrigerator
  • MLS#: TB8321635
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8321635/2311bayboulevard_indianrocksbeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/15/2024 11:59:28 PM)
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2311 Bay BOULEVARD, Indian Rocks Beach, FL, 33785

$2,495,000

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

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,996,000 $1,996,000 $1,996,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.333% 6.876% 6.936%
Monthly Tax Payment $2,296 $2,296 $2,296
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,946 $12,946 $17,663
Total Monthly Payment $15,367 $15,367 $20,084

* 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.