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$1,975,000

For Sale - Active
6201 Marbella Blvd, Apollo Beach, FL 33572
4 Beds
6 Baths
5,912 Square Feet
0.11 Acres Lot
Built in 2003
For Sale - Active
1 Units
Checked: 12 hours ago
Updated: Jul 01, 2025 at 03:45AM

Investment Summary


Monthly Cash Flow
-$6,389
Cap Rate
2.3%
Cash-on-Cash Return
-16.9%
Debt Coverage Ratio
0.37
Internal Rate of Return (5 years)
-12.3%

Property Description


0.11 Acres Lot
Built in 2003
For Sale - Active
1 Units

Welcome to paradise in the exclusive, gated waterfront community of Andalucia, where every day feels like a vacation. Perfectly positioned with sweeping Bayfront views and your own private dock, this stunning residence is truly one-of-a-kind. From the moment you arrive, the gorgeous elevation, elegant paver driveway, and lush landscaping make a memorable first impression. Inside, a spacious and flexible floor plan caters to your every need. Whether you're hosting lively gatherings, working from dual home offices, or accommodating guests with private first- or second-floor suites, this home offers the versatility and luxury to fit your lifestyle. Step into expansive living spaces filled with natural light and breathtaking views of the sparkling pool and oversized 27K pound boat lift, ready to accommodate a 40-foot boat with ease, and plenty of additional space for friends to dock their boats or add an additional floating dock. Travertine floors flow seamlessly throughout, adding to the home’s timeless sophistication. The open concept kitchen is a showstopper with upgraded cabinetry, gorgeous stone countertops, a built-in refrigerator, and a commercial-grade oversized range. The oversized island bar invites conversation and connection, making it the perfect spot to gather with friends and family. Retreat to the luxurious owner's suite, where you'll wake up to serene water views and enjoy a spa-like bath featuring a soaking tub, walk-in shower, and custom-built-in closets. Additional downstairs features include formal living and dining rooms, a guest suite, and a spacious office, plus an oversized garage for all your toys. But why stop there? Upstairs, you'll find even more to love—additional bedrooms, a large bonus room,a secondary office, and a private suite with a game room. The possibilities are endless: home theater, fitness studio, media lounge—you name it. And yes, there’s even a Romeo and Juliet balcony, the perfect perch to toast the sunset with a glass of wine and make unforgettable memories. This home also boasts a long list of updates, including a newer roof, updated pool, new AC units, replaced windows and sliders, and classic plantation shutters throughout. All this is nestled in Andalucia—an exclusive, waterfront community offering peace, privacy, and the perfect balance between tranquil coastal living and city convenience. Just a short drive to Tampa, Sarasota, and St. Pete, you’ll enjoy easy access to dining, shopping, and entertainment. Cruise out from your dock to explore the Bay or head over to Finn's dockside bar & grill or Circles for dinner on the water—it's all right here. Live the good life—on the water, in style, with everything you've dreamed of. Copy and paste this link to tour the home virtually: my.matterport.com/show/?m=zGP2NQmrQUG&mls=1

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Location


Property Details


Parking

  • Description: Driveway, Garage Door Opener, Garage Faces Side, Oversized, Parking Pad, Split Garage
  • Details: Driveway, Garage Door Opener, Garage Faces Side, Oversized, Parking Pad, Garage, Attached
  • Garage Spaces: 3
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 5
  • # of Baths (Total): 6.0

Interior Features

  • # of Rooms: 14
  • # of Stories: 2
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Stucco
  • Foundation: Slab
  • Roof Type: Gable or Hip
  • Roof Material: Tile
  • Pool: Yes
  • Pool Community: Yes

HOA

  • Has HOA: Yes
  • Association: Andalucia Master Association, Inc.
  • HOA Fee: $998/quarterly

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: U1731191SU000001000180
  • Lot Size: 4792 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Florida
  • Year Built: 2003

Tax Information

  • Annual Tax: $16,681

Utilities

  • Water & Sewer: Private, Public, Well
  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Zoned, Attic Fan

Location

  • County: Hillsborough

Listing Details


Listed by:
Brenda Wade
SIGNATURE REALTY ASSOCIATES
(813) 655-5333

Source:
Stellar MLS
MLS#: TB8377395
Stellar MLS

Investment Summary


Monthly Cash Flow
-$6,389
Cap Rate
2.3%
Cash-on-Cash Return
-16.9%
Debt Coverage Ratio
0.37
Internal Rate of Return (5 years)
-12.3%

Purchase Details

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Purchase price:
$1,975,000
Amount financed:
-$1,580,000
Down payment:
$395,000
Closing costs:
$59,250
Rehab costs:
$0
Initial cash invested:
$454,250
Square feet:
5,912
Cost per square foot:
$334
Monthly rent per square foot:
$1.34

Financing Details

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Loan amount:
$1,580,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$10,117
Property tax:
$1,390
Insurance:
$553
Private mortgage insurance (PMI):
$0
Monthly payment:
$12,060

Operating Income

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% Rent Monthly Yearly
Gross rent:
$7,900 $94,800
Vacancy loss: (6%)
6% -$474 -$5,688
Operating income:
$7,426 $89,112

Operating Expenses


% Rent Monthly Yearly
Property taxes: (18%)
18%-$1,390-$16,682
Insurance: (7%)
7%-$553-$6,636
Property management: (8%)
8%-$632-$7,584
Repairs & maintenance: (5%)
5%-$395-$4,740
Capital expenditures: (5%)
5%-$395-$4,740
HOA fees: (4%)
4%-$333-$3,996
Total operating expenses: (47%)
47%-$3,698-$44,378

Cash Flow


Monthly Yearly
Net operating income:
$3,728 $44,736
Mortgage payments:
-$10,117 -$121,404
Cash flow:
$6,389 $76,668