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An unbelievable opportunity to own a COMPOUND in the center of Tampa Bay! $20, 000 SELLER CREDIT TO BUYER WITH ACCEPTABLE OFFER! Sitting on nearly a half-acre in Pinellas Park, this property features THREE turn-key living spaces. Live in the 3 bed/2 bath main home and rent out the back two units, OR lease out the entire property as a vacation rental—with SHORT TERM rentals allowed! The opportunities are endless here. Perfectly designed for entertaining, the common areas of 6501 64th Ave N are set up for many activities. Head out to the backyard to play some mini golf, corn hole, relax in the hammock with a book, or fire up the grill for a family cook-out—this property provides it all. PLUS, IT COMES FULLY FURNISHED, making this property set up & ready to go for tenants and owners alike. Each unit has been remodeled with new luxury vinyl flooring, fully remodeled kitchens, updated bathrooms, Newer roof (2020), Newer AC (2019). Also on property is a spacious shared laundry room with two sets of washers/dryers, an expansive three-car garage, plus two separate parking pads offering parking for 8-10 vehicles total. The property provides multiple outdoor living areas including a patio off the main residence, a covered deck, large back yard with beautiful landscaping and oak trees, making for a great vacation space. Located only 15 minutes to the white sand beaches along the Gulf of Mexico, centrally located between TAMPA BAY’S BIGGEST CITIES, Clearwater, St Petersburg and Tampa—providing a short drive to ALL of what Tampa Bay has to offer. Reach out for more details & financial report.
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Our Executive Mortgage Banker:
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$880,000
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 | $704,000 | $704,000 | $704,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.014% | 7.082% |
Monthly Tax Payment | $749 | $749 | $749 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,743 | $4,625 | $6,279 |
Total Monthly Payment | $5,584 | $5,466 | $7,120 |
* 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.