24 Gulf Blvd APT 3B, Indian Rocks Beach, FL, 33785 | 6.78% Rental Yield

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24 Gulf Blvd APT 3B, Indian Rocks Beach, FL, 33785 | 6.78% Rental Yield | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

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Nearby investment properties with comparable rents

2 Bed
2 Bath
1380 sft

24 Gulf Blvd APT 1C, Indian Rocks Beach, FL, 33785

Nearby investment properties with comparable prices

2 Bed
2 Bath
1380 sft

24 Gulf Blvd APT 1C, Indian Rocks Beach, FL, 33785

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Indian Rocks Beach at 24 Gulf Blvd APT 3B, Indian Rocks Beach, FL, 33785 earns from $4,800/mo rent with a $4,160/mo payment. Total monthly income totals $4,800/mo. ROI tracks 16.45% on current figures, and rental yield reads 6.78% at a $849,900 purchase. Equity gained on principal adds $5,484/yr, and 5% annual appreciation supports $234,812 over five years. Five-year ROI reaches 84.87% and total cumulative return in cash sums $237,314. 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 1993

0.70 Acres lot

$N/A/sqft

No HOA

More details about the property

Under contract-accepting backup offers. Beachfront penthouse condominium with unmatched gulf and intracoastal views. Experience the best of Floridas Gulf Coast in this rare two-bedroom, two-bath beachfront penthouse positioned on the narrows of Indian Rocks Beach. This unique location offers unobstructed panoramic views of the Gulf of Mexico and the Intracoastal Waterway from balconies on both sides, allowing you to enjoy breathtaking sunrises and sunsets every day. Enter inside and be greeted by water views from every room and the spacious comfort of two living rooms ideal for entertaining or relaxing after a day on the sand. The residence comes fully furnished and turnkey, ready to rent or enjoy immediately, with future bookings in place. Weekly rentals are permitted, making this possibly the ideal income-producing property or second home with investment potential. Resort-style amenities include a heated beachfront swimming pool, barbecue grills, sunbathing patio, fishing pier on the Intracoastal with two first-come-first-serve boat slips, semi-private elevator, covered assigned parking and two private exterior storage lockers. Enjoy the Florida beach lifestyle boating, fishing, paddle boarding, kayaking, jet skiing, shelling, snorkeling and sunset strolls right outside your door. This prime location is close to local restaurants, pubs, boutiques, shops and world-famous Clearwater Beach, as well as two international airports for easy travel access. Whether youre seeking a luxury vacation getaway, a high-demand rental investment or a combination of both, this one-of-a-kind top-floor condominium offers it all.

Neighborhood Data

Neighborhood data shown for ZIP Code: 33785, Indian Rocks Beach, FL area.

Housing Distribution

Housing Statistics

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