Embrace this exceptional opportunity nestled along the serene banks of the Hillsborough River in one of the hottest cities in the country - Tampa, Florida. Located at 7217 N 41st Street in Tampa, Florida, this remarkable property offers a unique blend of residential AND commercial zoning, providing endless possibilities for development and investment. Situated on the picturesque Hillsborough River, this property boasts an enviable location that combines natural beauty with urban convenience. Enjoy panoramic views of the river and surrounding greenery, creating a tranquil oasis in the heart of Tampa. With ZONING designations of RS-60 AND CG, this property offers versatility for primary owners and investors. Whether you envision creating a luxurious waterfront residence, developing commercial space, or a combination of both, the possibilities are there. Currently, the property features a one-unit efficiency that generates rental income and a car mechanic shop operates on the lot which is ideal for investors or those seeking supplementary income while exploring development options. Offered for sale by a long-time owner, this property presents a RARE opportunity to capitalize on its potential. Whether you're a homeowner wanting to build a custom river residence, a seasoned investor, or a visionary developer, now is the time to seize this extraordinary chance. Immerse yourself in the beauty of WATERFRONT living with DIRECT ACCESS to the Hillsborough River. Enjoy activities such as boating, fishing, or simply relaxing by the water's edge. Benefit from easy access to major highways, downtown Tampa, and a myriad of shopping, dining, and entertainment options. Experience the perfect balance of tranquility and urban convenience. Explore nearby parks, trails, and recreational facilities, ideal for outdoor enthusiasts and nature lovers. From strolls along the riverfront to adventurous kayaking expeditions, there's something for everyone to enjoy. This is your opportunity to own a piece of RIVERSIDE REAL ESTATE in one of Tampa's most prime locations. Whether you're seeking a luxurious retreat, an investment opportunity, or a prime development site, 7217 N 41st Street offers limitless potential. Don't miss out on this rare chance to make your mark on Tampa's vibrant waterfront landscape. Contact us today to schedule a private viewing.
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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 | $719,200 | $719,200 | $719,200 |
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% | 6.851% | 6.790% |
Monthly Tax Payment | $248 | $248 | $248 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,605 | $4,665 | $6,315 |
Total Monthly Payment | $4,945 | $5,005 | $6,655 |
* 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.