Revitalization within an Opportunity Zone, with views of Robles Park & Lake. Value is in the Land but current structures can be utilized depending on final use. Currently rezoned to Commercial Health to accommodate for an 87 bed ALF (Assisted Living Facility), but it can be rezoned back to multifamily of Mixed Use 35 should that be desired.
This parcel can be the following: - ALF 87 beds - Multifamily 30 dwellings - Mixed Used 30 units (commercial and residential total) - Townhomes 18+ units over 2 lots, zoned RM-16.
Listing price includes 418 E Emily St which is included in sale.
Pictures are for illustration only. Lots of potential and opportunity here. Accuracy of all information deemed reliable but not guaranteed and should be independently verified.
418 E Emily STREET, Tampa, FL, 33603
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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