AUTUMN SEASON IS THE PERFECT TIME TO "FALL" IN LOVE WITH YOUR NEW HOME! This beautiful community is walking distance to the University of South Florida. An ideal investment opportunity to rent each room (2 collegiates per room) as annual housing. This investment strategy will cash flow especially if furnished prior to tenancy. Sellers have recently upgraded the flooring throughout and have fresh interior paint ready for you to decorate and make your own. This cozy condo is perfectly situated on the bottom right unit of the building and the location offers a touch of seclusion and a peaceful living experience. Upon entering the unit there is an inviting ambiance and you'll immediately notice the wood-burning fireplace which adds a touch of warmth and charm. The spacious living room has an open and airy feel that is ideal for both relaxation and entertaining guests. The owners bedroom is generously sized, has an updated bathroom with vanity, and has an attached walk-in closet that provides ample space/convenient shelving for all your storage needs. An additional outdoor storage area is available where the washer/dryer are located at the entrance of the condo. The second bedroom is ideal for an office, family/friends, and has a full bathroom with a garden tub. The community offers an array of amenities to enhance your lifestyle. Enjoy a refreshing dip in the sparkling pool, perfect for beating the heat and relaxing under the warm summer sun. Enhance your skills at the nearby tennis/racquetball courts where there are plenty of opportunities for friendly competition and an active lifestyle with new neighbors. The association includes water, trash/sewage services, grounds/pool maintenance, and peace of mind knowing that your roof and exterior paint are covered by the association. With its prime location and fantastic amenities, this condo presents an exceptional opportunity for comfortable living and is in close proximity to the interstate, local shopping malls, restaurants, MacDill AFB, and Busch Gardens. Whether you're an investor or making this your primary residence, the location and pricing are unmatched. Sellers offering concessions towards closing costs or further buying down current interest rate. Call today to schedule a showing and walk the community yourself!
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $133,600 | $133,600 | $133,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $127 | $127 | $127 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $889 | $878 | $1,127 |
Total Monthly Payment | $1,091 | $1,080 | $1,329 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.