WATERFRONT INVESTMENT OPPORTUNITY. Seize this rare opportunity to own a prime waterfront property along the scenic Hillsborough River in one of the nation's most sought-after cities—Tampa, Florida. Located at 7217 N 41st Street, this unique property offers a versatile mix of residential (RS-60) and commercial (CG) zoning, making it an ideal prospect for homeowners, investors, and developers alike. Nestled along the tranquil banks of the Hillsborough River, this property offers breathtaking panoramic views, combining natural beauty with urban convenience. The serene waterfront setting provides a private retreat while maintaining proximity to downtown Tampa, major highways, shopping, dining, and entertainment. This prime location allows for a lifestyle of both relaxation and accessibility, making it an exceptional place to live, work, or invest. With its dual zoning designations, this property presents numerous possibilities for development. Whether you envision building a luxurious custom waterfront residence, developing a commercial space to capitalize on Tampa’s thriving economy, or creating a mixed-use project that blends residential and commercial elements, the flexibility of this site makes it a truly valuable asset. The potential to craft a unique space tailored to your vision is unmatched in this rapidly growing market. Currently, the property features a one-unit efficiency that generates rental income, along with an operating car mechanic shop, offering additional revenue potential. These existing income-producing elements provide an excellent opportunity for investors looking to generate cash flow while planning future development. Offered by a long-time owner, this property represents a rare and limited-time opportunity to acquire a high-value riverside asset in one of Tampa’s most dynamic real estate markets. Whether you are seeking a private luxury retreat, a high-return investment, or a premier development site, this property offers unparalleled potential. Experience the best of waterfront living with direct access to the Hillsborough River, perfect for boating, fishing, kayaking, or simply enjoying the peaceful ambiance of the riverfront. The surrounding area features parks, trails, and recreational spaces, making it an ideal location for outdoor enthusiasts and nature lovers. Contact us today to schedule a private tour and explore the full potential of 7217 N 41st Street, Tampa, FL.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $679,200 | $679,200 | $679,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.444% | 6.748% | 7.366% |
Monthly Tax Payment | $248 | $248 | $248 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,462 | $4,349 | $6,010 |
Total Monthly Payment | $4,802 | $4,689 | $6,350 |
* 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.