1510 Gulf Boulevard, Indian Rocks Beach, FL 33785

Description

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!

Listed by Bryan Sykes, .