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Rare opportunity to own two fully renovated cottages on one lot in the heart of Indian Rocks Beach, just steps from beach access. This unique property offers the perfect blend of personal enjoyment and strong income potential, currently operating as a successful Airbnb. Each unit has been completely updated inside with modern finishes, featuring updated kitchens and bathrooms, luxury vinyl flooring, and comes fully furnished—making it truly turnkey for immediate use or continued short-term rental operation.
Extensive capital improvements have been completed, including a newer metal roof on both units, a newly installed driveway, and new fencing for added privacy and curb appeal. Interior upgrades include updated windows, fresh interior and exterior paint, remodeled bathrooms, updated kitchens, a tankless water heater, and a newer AC system in one unit. These improvements provide long-term value, reduced maintenance, and peace of mind for the next owner.
This property is ideal for maximizing cash flow—whether you choose to rent both units for double income or live in one while renting the other. The oversized lot offers ample parking for multiple vehicles, a rare and highly desirable feature for beachside properties.
Located just a short walk to the Gulf with no busy streets to cross, the property offers convenient access to the beach, local restaurants, parks, and the beach trolley. Whether you’re looking for a vacation home, a high-performing investment property, or a combination of both, this is a standout opportunity to own a fully upgraded, income-producing property in one of Tampa Bay’s most desirable coastal communities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,700,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,360,000 | $1,360,000 | $1,360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.349% | 6.183% |
| Monthly Tax Payment | $880 | $880 | $880 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,154 | $8,374 | $11,476 |
| Total Monthly Payment | $9,159 | $9,379 | $12,481 |
* 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.