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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 Rocks Beach at 823 Gulf Blvd, Indian Rocks Beach, FL, 33785 with 5% annual appreciation on a $1,025,000 basis while $4,148/mo rent supports operations. 78% in year one. Equity gained on principal adds $6,614/yr, and five-year appreciation sums $283,189 alongside rental yield of 4.86%. Five-year ROI measures 54.38% and total cumulative return in cash totals $180,604. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,148/mo property income versus a $5,017/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1949
7,231 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-02-07 | Listed for sale | $1,025,000 |
| 2015-05-07 | Sold | $280,000 |
| 2015-03-26 | Pending sale | $329,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $8454.76 | 10.01% | $401,130 | 8.49% |
| 2022-02-13 | $7685.20 | 19.54% | $369,729 | 8.41% |
| 2021-02-13 | $6428.95 | 6.26% | $341,035 | 7.93% |
Listed by: Jatnna Jimenez • LPT REALTY, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8347727
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
