Under contract-accepting backup offers. This craftsman bungalow with ballast stone, a rare gem in Hyde Park, offers an extraordinary opportunity to renovate and start construction today! The owner's have taken care of the heavy lifting by designing, approving through the ARC, and completing permitting on new plans for this historic home. Start your home remodel today and enjoy this spectacular piece of history. A covered wrap porch welcomes you, offering a perfect spot to relax and enjoy the neighborhood. The charm of this residence is evident from the moment you step inside, with original hardwood flooring, high ceilings, moldings, doors and hand crafted build-ins that exude character and warmth throughout. The approved plans call for 2 bedrooms, including the master, downstairs, 2 bedrooms upstairs, an office, mudroom, and laundry room. Situated on a 60x127 foot lot, the property boasts a blank canvas backyard, providing endless possibilities for customization according to your preferences or utilize the already approved and permitted guest house that adds over 450 sq ft perfect for an office, gym, or guest suite. Whether you envision a vibrant garden oasis or a tranquil retreat, this expansive space allows you to create your own outdoor haven. Walking distance to Hyde Park Village, restaurants, shops, Bayshore Boulevard, and a bike ride to everything Tampa has to offer. Don't miss the chance to own a piece of history and make it your own today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,395,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,116,000 | $1,116,000 | $1,116,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $1,638 | $1,638 | $1,638 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,146 | $7,238 | $9,798 |
Total Monthly Payment | $8,909 | $9,001 | $11,561 |
* 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.