INVESTOR/HANDYMAN DEAL. MOTIVATED SELLER,CASH ONLY. This 2 bedroom 2 bath LAKE FRONT home has tons of potential to bring it back to life or tear down and build a BRAND NEW lake front home! The structure is NOT in a flood zone and doesn't require flood insurance. NO FLOOD DAMAGE from Milton or Helene. Roof replaced in 2020, Brand new AC in 2024. Electrical and plumbing is 4 point ready but there is structural damage that likely requires underpinning, seller can supply a recent contractor bid for the repairs at buyers request.
409 2nd AVENUE SE, Lutz, FL, 33549
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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