2700 GULF BLVD #2 (MLS: TB8550099) For Sale

2700 GULF BLVD #2, (Pinellas), Indian Rocks Beach Florida 33785

Currently Rented at $2,850.00 / month

Area: 1180

Property Info

  • MLS TB8550099
  • Unit No 2
  • Bedrooms 2
  • Bathrooms 3
  • Area (sqft) 1180
  • Living Area (sqft) 1180
  • Foundation Slab, Stilt/On Piling
  • Min Lease Slab, Stilt/On Piling
  • HOA Fees $667.00

Interior Features

  • Cathedral Ceiling(s)
  • Ceiling Fans(s)
  • High Ceilings
  • Living Room/Dining Room Combo
  • Solid Wood Cabinets
  • Split Bedroom
  • Thermostat
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$699,900.00

Rental Price

$
$2,850.00
  • Cap Rate
  • 2.6%
  • Gross Yield
  • 4.9%
  • Lease End Date
  • June 01, 2027
  • Rent Amount

  • $2,850.00

Cash Flow

Cap Rate2.6 Gross Yield4.9% Annual Rent$34,200.00 Property Taxes$8,000.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $34,200.00 $2,850.00 / mo $171,000.00 $2,850.00 / mo $342,000.00 $2,850.00 / mo
Estimated Expenses $8,000.00 $40,000.00 $80,000.00
Net Cash Flow $26,200.00 $131,000.00 $262,000.00
HOA Fees $8,004.00 $40,020.00 $80,040.00

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