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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 1505, Indian Shores, FL, 33785 earns from $4,800/mo rent with a $3,666/mo payment. Total monthly income totals $4,800/mo. ROI tracks 11.34% on current figures, and rental yield reads 7.69% at a $749,000 purchase. Equity gained on principal adds $4,833/yr, and 5% annual appreciation supports $206,935 over five years. Five-year ROI reaches 60.32% and total cumulative return in cash sums $148,636. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,800/mo property income instead of your personal income.
Condo
Built in 1982
0.51 Acres lot
$N/A/sqft
$1,409 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 |
|---|---|---|
| 2025-01-31 | Listed for sale | $749,000 |
| 2024-05-13 | Price change | $4,000 |
| 2024-02-13 | Price change | $3,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $9197.36 | 11.13% | $521,604 | 10.00% |
| 2022-02-13 | $8276.52 | 12.46% | $474,185 | 10.00% |
| 2021-02-13 | $7359.23 | 6.73% | $431,077 | 8.85% |
Listed by: Jo Overin • SMITH & ASSOCIATES REAL ESTATE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8343767
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
