Location, Location, Location! This meticulously maintained 4-bedroom, 3-bathroom home with an 800-square-foot mother-in-law suite is in the highly desirable Carrollwood area of the beautiful Estates of Lake Magdalene. Known for its scenic beauty and convenient access to all Tampa offers, Estates is a sought-after community that combines tranquility with convenience. This neighborhood is known for its mature trees and lush landscapes, offering a peaceful atmosphere while still being close to shopping, dining, and entertainment. Plus, there’s no need to worry about flood insurance, CDD, or HOA fees!
Sitting on a double lot, this property provides ample space and endless possibilities. The owner already has plans for a second home build, making this an incredible opportunity for those looking to expand or invest. Imagine the potential—whether you’re thinking of creating a family compound, generating rental income, or building a custom workshop, this lot has the space to make your dreams come true.
Step into the backyard, and you’ll be greeted by an oversized pool surrounded by beautiful new pavers that add a touch of elegance and charm to the outdoor space. The covered seating area is perfect for relaxing and keeping cool from the Florida sun while still enjoying the outdoors. Whether you’re hosting a summer barbecue, lounging by the pool, or simply enjoying the peace and quiet of your private oasis, this backyard is designed for relaxation and entertainment.
Inside the home, you’ll find an open great room seamlessly flowing into a bright kitchen. The kitchen is the heart of the home, featuring an oversized center island perfect for meal prep, casual dining, or gathering with family and friends. The wood-burning fireplace in the great room adds warmth and character, making it a cozy spot for relaxing on cooler evenings.
The laundry room off the kitchen is a generous 11x9, providing plenty of space for all your storage needs. Whether you need extra room for pantry items, cleaning supplies, or laundry essentials, this room covers you.
One of the standout features of this home is the nearly 800-square-foot mother-in-law suite. Complete with its full bath and laundry room, this suite offers privacy and convenience for guests or extended family members. It’s also an excellent option for those looking for a home office, studio, or rental income potential. The suite’s separate entrance ensures privacy while connecting to the main house.
Living in Estates means you’re part of a well-established community with a friendly atmosphere and a strong pride in homeownership. The neighborhood is known for its beautiful, mature trees and landscaping, creating a serene environment perfect for walking, jogging, or simply enjoying the outdoors. Plus, the lack of flood insurance requirements, CDD, and HOA fees means more savings for you!
Conveniently located in the heart of Carrollwood, this home is just minutes from top-rated schools, shopping centers, dining options, and recreational facilities. You’ll have easy access to major highways, making commuting a breeze and putting all of Tampa’s attractions within reach.
Don’t miss your chance to own this incredible property in one of Tampa’s most desirable neighborhoods. Whether you’re looking for a spacious family home, a place to entertain, or a smart investment, this home has it all. Schedule your private showing today and experience the charm and convenience of living in Estates!
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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 | $639,999 | $639,999 | $639,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $455 | $455 | $455 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,420 | $4,312 | $5,444 |
Total Monthly Payment | $4,967 | $4,859 | $5,991 |
* 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.