1510 GULF BOULEVARD UNIT 104 INDIAN ROCKS BEACH FL 33785 MLS #U8231840

1510 GULF BOULEVARD UNIT 104
INDIAN ROCKS BEACH, FL, 33785
$925,000
2 Beds
2 Baths
1,260 SqFt
0.77 Acres
This direct beachfront, turn-key, 2-bedroom, 2-bathroom condo is the perfect second home, as well as the ideal investment. With a one-week minimum rental policy, this unit generated $78,000.00 in rental revenue in 2023, while still being used on occasion by the owner. Inside, you’ll find differences that truly make this condo unique. In the master bedroom you will appreciate the 8-foot sliders that open to the expansive balcony and the million-dollar beach view. In the living area, you’ll enjoy an open floorplan which also leads to the expansive balcony. (Perfect for watching the sunsets that are painted for you daily.) In addition, the owners recently installed a new washer and dryer, and the A/C system was replaced in 2022. As for the complex, Hamilton House is a is a boutique-like offering only 23 units, a heated beachfront pool, an outdoor grill, and quick and easy access to the beach. In other words, no long elevator rides, or 200-yard walks to the water. Simply go down one floor and walk out on the sand! Also noteworthy is the Hamilton House location. Many of the area’s popular restaurants like Guppy’s, Pajanos, Chicago Jaqx, Kegan’s, TJ’s Italian, and Hurricane Eddie’s are only 1-2 blocks away. Finally, the financial health of Hamilton House is particularly noteworthy given the new Florida condo laws that were passed in 2022. To that end, Hamilton House has already completed their Milestone Inspection Report and their Structural Integrity Reserve Study. And, the building was recently painted, the roof was replaced three years ago, the pool was resurfaced in 2020, and the elevator was redone in 2023. With a great location, an incredible view, sound financials, and the opportunity to produce a great deal of income should you need it, this condo checks all the boxes!

Property Details

Price:
$925,000
MLS #:
U8231840
Status:
Pending
Beds:
2
Baths:
2
Address:
1510 GULF BOULEVARD UNIT 104
Type:
Condo
Subtype:
Condominium
Subdivision:
HAMILTON HOUSE ON THE GULF CONDO
City:
INDIAN ROCKS BEACH
Listed Date:
Feb 29, 2024
State:
FL
Finished Sq Ft:
1,260
ZIP:
33785
Lot Size:
33,739 sqft / 0.77 acres (approx)
Year Built:
1993
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Interior

Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Luxury Vinyl, Porcelain Tile
Heating
Central, Electric
Laundry Features
Electric Dryer Hookup, In Kitchen, Inside, Washer Hookup

Exterior

Community Features
Gulf/ Ocean Front, Association Recreation – Owned, Buyer Approval Required, Community Mailbox, Deed Restrictions, No Truck/ R V/ Motorcycle Parking, Pool
Construction Materials
Block, Stucco
Exterior Features
Balcony, Lighting, Outdoor Grill, Sliding Doors
Roof
Built- Up, Membrane

Financial

Buyer Agent Compensation
3%-$395%
HOA Fee
$969
HOA Frequency
Monthly
HOA Includes
Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Grounds, Manager, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
Tax Year
2023
Taxes
$12,023

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1510 GULF BOULEVARD UNIT 104
INDIAN ROCKS BEACH, FL