418 E Emily STREET, Tampa, FL, 33603 | $2,200,000

Unique Gem within an Opportunity Zone, with views of Robles Park & Lake. Value is in the Land but current structures can be utilized depending on final use. Currently rezoned to Commercial Health to accommodate for an 87 bed ALF (Assisted Living Facility), but it can be rezoned back to multifamily of Mixed Use 35 should that be desired.

Commercial use such as shopping plaza or storage units are also possible. This parcel can be the following: - ALF 87 beds - Multifamily 30 dwellings - Mixed Used 30 units (commercial and residential total) - Townhomes 18+ units over 2 lots, zoned to multi family residential, a higher density multi family is also possible is SB102 is implemented, shopping plaza or storage units are also possible

Listing price includes 414 and 418 E Emily St which is included in sale. Pictures are available for illustration . Lots of potential and opportunity here sale.

Pictures are for illustration only. Lots of potential and opportunity here. Accuracy of all information deemed reliable but not guaranteed and should be independently verified.

Features

  • Property Type: Mixed Use
  • Construction: Block, Wood Frame
  • Utilities: Public
  • Cooling: None
  • Year Built: 1959
  • Acreage: 0.9
  • Est. Taxes: $8,151
  • Lot Desc: City Lot, Near Public Transit, Oversized Lot, Sidewalk
  • MLS#: T3543104
  • Days on Market: 121 days
  • Website: https://www.raveis.com
    /prop/T3543104/418eemilystreet_tampa_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/21/2024 7:32:08 PM)
Listing courtesy of FUTURE HOME REALTY INC   Phone: 813-855-4982

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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  • Is available to meet with you in our office, your home or office, evenings or weekends
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418 E Emily STREET, Tampa, FL, 33603

$2,200,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,760,000 $1,760,000 $1,760,000
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% 6.864% 6.810%
Monthly Tax Payment $679 $679 $679
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,269 $11,415 $15,453
Total Monthly Payment $12,073 $12,219 $16,257

* 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.