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205 W Belmar STREET, Lakeland, FL, 33803 | $420,000
Calling all investors/buyers to DIXIELAND HISTORIC DISTRICT!!
An incredible opportunity awaits with this property and house present. The land could potentially be SUBDIVIDED
into THREE LOTS, as it is 3 lots but just needs to be surveyed. Each lot could have 1 -2 houses on it & has convenient access from back alley too. Located in heart of downtown CENTRAL LAKELAND, this property offers a DESIRABLE location just steps away from the beloved Born & Bread Bakehouse and Cob & Pen. Enjoy the convenience of a short walk to scenic Lake Hollingsworth and FLORIDA SOUTHERN COLLEGE. Don't miss out on this DESIRABLE Location with easy access to major highways too!
The 1920's historical house provides a unique charm and character that can be enhanced through thoughtful expansion and customization. One exciting option is to EXPAND the kitchen to the existing covered porch, creating a spacious space for dining, entertaining and cooking. Alternatively, you can consider adding an addition to the back of the house, providing extra rooms or expanding existing ones. Utilizing the existing plumbing downstairs, could be an option of adding an ensuite bathroom upstairs. ( All ideas that previous seller had in mind & happy to pass along for visualizing what could be. )
The presence of double-hung Andersen windows adds to the appeal of the house, offering aesthetic appeal, excellent ventilation, natural light, energy efficiency, and easy maintenance.
Whether you choose to rent out the existing house or live in it while building investment properties around it, there are endless possibilities and opportunities for this property. With its prime location and potential for growth, this is a promising investment opportunity for savvy investors.
Features
- Rooms: 3
- Bedrooms: 2
- Baths: 1 full
- Laundry: Inside
- Style: Historical
- Year Built: 1921
- Heating: Electric
- Cooling: Mini-Split Unit(s)
- Approx Sq. Feet: 1,344
- Acreage: 0.5
- Est. Taxes: $1,363
- Lot Desc: City Lot, Near Public Transit
- Elem. School: Dixieland Elem
- Middle School: Southwest Middle School
- Pet Policy: Yes
- Appliances: Convection Oven, Dishwasher
- MLS#: L4945698
- Days on Market: 93 days
- Website: https://www.raveis.com
/prop/L4945698/205wbelmarstreet_lakeland_fl?source=qrflyer
Listing courtesy of EXP Realty Phone: 888-883-8509
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
205 W Belmar STREET, Lakeland, FL, 33803
$420,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
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 | $336,000 | $336,000 | $336,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
| Monthly Tax Payment | $114 | $114 | $114 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,235 | $2,233 | $2,881 |
| Total Monthly Payment | $2,424 | $2,422 | $3,070 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388