








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 Holmes Beach at 3705 E Bay Dr UNIT 115, Holmes Beach, FL, 34217 listed at $514,500 pairs $3,211/mo rent with a $2,518/mo payment. Total monthly income runs $3,211/mo. Return on cash invested measures 11.24% in year one, and rental yield registers 7.49% at a $514,500 basis. Equity gained on principal adds $3,320/yr, and annual property appreciation at 5% supports $142,147 by year five. Five-year ROI tracks 59.59% and total cumulative return in cash totals $100,860. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,211/mo property income relative to a $2,518/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1980
N/A lot
$N/A/sqft
$917 monthly HOA
Date | Event | Price |
|---|---|---|
| 2025-02-05 | Price change | $514,500 |
| 2024-08-02 | Listed for sale | $515,000 |
| 2021-02-01 | Sold | $125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $6078.65 | 5.72% | $332,750 | 10.00% |
| 2023-02-14 | $5749.61 | 20.93% | $302,500 | 10.00% |
| 2022-02-14 | $4754.67 | 7.64% | $275,000 | 10.00% |



Listed by: Noranne Hutcheson • RE/MAX ALLIANCE GROUP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4618525
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