Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $950,000 - $1,100,000
• Estimated Rehab: $5,000 - $25,000
• Comparable Rent: AIRDNA projects $100k+ annually through short term rentals!
• Occupancy: Vacant at close!
• Important Details: --> SHORT TERM RENTALS ALLOWED! --> HOA fees quarterly $2,050 - include Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Exterior, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
• Rehab Description: For a short term rental or flip, this property doesn't require much. Start with a deep clean. Kitchen is already updated and bathroom updates are optional. Change out some light fixtures and consider skim coating bedrooms to remove popcorn ceiling. Lastly, apply a fresh coat of touch up paint throughout to have this unit looking fresh!
• Features: Incredible OCEAN FRONT opportunity sited in Sand Castle II of Famed Indian Shores that ALLOWS Short Term Rentals. This 3 bed, 2 bath condo features one of 10 wrap-around balconies encompassing over 325 square feet indulging views of Intercostal bay, and Gulf/Ocean whilst year-Long breathtaking sunsets and sunrises promised daily. Geographically enhanced with immediate walking proximity to eateries, beach access, Cabanas & Bike/Boat rentals. Sand Castle II features under-building parking, ample guest parking spaces, two elevators, Heated Pool/Spa, & Outdoor grills for use. Pets are welcome! Don't miss out on this RARE opportunity to own PRIME real estate with over $100k equity as soon as you close!
• Comp 1: 20002 GULF BOULEVARD Unit #2706, INDIAN SHORES, Florida 33785 -- 3/2/1180 sqft -- SOLD in 9 days at $950k FEB 2023! (Same corner unit/building, dated, 2 floors above)
• Comp 2: 20002 GULF BOULEVARD Unit #2406, INDIAN SHORES, Florida 33785 -- 3/2/1180 sqft -- SOLD in 4 days at 1.4mm AUG 2022! (Same corner unit/building, updated, 1 floor below)
• Comp 3: 20000 GULF BOULEVARD Unit #904, INDIAN SHORES, Florida 33785 -- 3/2/1060 sqft -- SOLD in 11 days at 1.108mm FEB 2023! (Not a corner unit, one building over, smaller)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab