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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Indian Shores at 18400 Gulf Blvd APT 1105, Indian Shores, FL, 33785 uses $165,750 cash to close to unlock $8,198/yr annual cash flow and $683/mo monthly cash flow. Total monthly income runs $5,246/mo, and a $2,447/mo payment keeps the spread at $683/mo. Purchase price stands at $500,000, and rental yield measures 12.59% with $5,246/mo rent. Return on cash invested shows 24.86% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 133.24% and total cumulative return in cash records $220,844. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,246/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Condo
Built in 1982
0.51 Acres lot
$N/A/sqft
$855 monthly HOA
Neighborhood data shown for ZIP Code: 33785, Indian Rocks Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,066 (100%) |
| Owner Occupied HU | 2,107 (34.7%) |
| Renter Occupied HU | 584 ( 9.6%) |
| Vacant Housing Units | 3,375 (55.6%) |
| Median Home Value | $788,723 |
| Average Home Value | $969,783 |
Residential
3,362
Single Family
2,266
Multi-Family
1,096
Businesses
395
Date | Event | Price |
|---|---|---|
| 2025-05-09 | Listed for sale | $500,000 |
| 2025-03-11 | Listing removed | $695,000 |
| 2025-01-11 | Listed for sale | $695,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-10 | $9129.56 | 3.20% | $550,813 | 10.00% |
| 2023-05-10 | $8846.88 | 11.10% | $500,739 | 10.00% |
| 2022-05-10 | $7962.82 | 12.48% | $455,217 | 10.00% |
No similar price properties found nearby.
Listed by: Fran Bartlett • REALTY CONCEPTS OF PINELLAS
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8384322
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
