Rare opportunity to purchase an 8 unit apartment building directly on the intracoastal waterway located in the highly desirable Redington Shores beach community - Four are 1br/1ba, and four are 2br/1ba; all have been recently remodeled, and 4 are fully furnished - Currently operated as annual leases, they could be short term rentals, but at a minimum of thirty days at a time - roof is brand new and all A/C units are under 3 years old - Many possibilities here, as the units could be condo converted, or combined with the adjacent 18207 land as a redevelopment site
18205 GULF BOULEVARD, Redington Shores, FL, 33708
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The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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