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111 W Genesee STREET, Tampa, FL, 33603 | $775,000
Discover the potential of this exceptional warehouse space nestled within the heart of a thriving single-family community. Encompassing a double lot amidst a blend of modern constructions and meticulously restored Bungalows, this property holds immense promise in the coveted Seminole Heights locale.
Key Features: Strategic Location: Positioned amidst the dynamic crossroads of new developments and historic charm, this property is poised to capture the essence of Seminole Heights living. Versatile PD Approval: With an existing Planned Development (PD) approval in place, envision the transformation of this warehouse into 8 distinct one-bedroom, one-bathroom units, providing a range of possibilities from long-term rentals to AirBnB or boutique hotel ventures. Thoughtful Design: The proposed redevelopment includes not only the 8 unique units but also a welcoming reception office, a communal gathering space for residents, and versatile downstairs office areas. Tile flooring throughout the office spaces exudes a contemporary appeal. Modern Amenities: Explore the convenience of multiple bathrooms adjacent to the break room, ensuring the comfort of future occupants. A spacious garage/warehouse area with street-side access offers incredible versatility for potential usage. Architectural Highlights: Embrace the building's distinctive character reminiscent of a "NYC loft, " with captivating design elements. Dual staircases at the front and rear open into expansive, light-filled spaces that can be adapted to diverse purposes. Close to Everything: Seamlessly connect to Downtown Tampa and I-275 within minutes, courtesy of the property's strategic location just off Florida Ave. Embrace the proximity to Seminole Heights' newest hotspots, encapsulating the essence of urban living. Unlock the potential of a truly exceptional venture in Seminole Heights. This project is an unparalleled opportunity to blend modern living with timeless charm, making it a remarkable investment in one of Tampa's most sought-after neighborhoods. Don't miss the chance to be a part of this one-of-a-kind transformation!
Features
- Property Type: Warehouse
- Construction: Block, Concrete
- Cooling: None
- Year Built: 1942
- Approx Sq. Feet: 7,754
- Acreage: 0.23
- Est. Taxes: $9,119
- MLS#: T3465965
- Days on Market: 400 days
- Website: https://www.raveis.com
/prop/T3465965/111wgeneseestreet_tampa_fl?source=qrflyer
Listing courtesy of COLDWELL BANKER REALTY Phone: 813-286-6563
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
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- 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
111 W Genesee STREET, Tampa, FL, 33603
$775,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $620,000 | $620,000 | $620,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
| Monthly Tax Payment | $760 | $760 | $760 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,125 | $4,121 | $5,229 |
| Total Monthly Payment | $4,977 | $4,973 | $6,081 |
* 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