LOCATION! LOCATION! LOCATION! Welcome to this adorable fully renovated and fully furnished cottage home with 2 studio apartments! This Income Producing MULTI FAMILY UNIT includes 3 UNITS total! This property has HIGH ELEVATION, NO FLOOD ZONE, AND HAD NO ISSUES FROM THE STORMS. The main home features one bedroom, two full bathrooms, stainless steel appliances, laundry room with washer/dryer, and offers an open floor plan. The two adorable, fully furnished, remodeled studios sit just behind the main home. Each studio has a queen bed, dining room table, full kitchens with stainless steel appliances, full bathrooms with bath tub/shower combo, and both units have their own washer/dryer! THIS PROPERTY IS FULLY LEASED. 2 minutes from Coachman Park and the new amphitheater in the heart of Downtown Clearwater. It’s also just steps away from the Francis Wilson Playhouse, Clearwater Tides Marina, and bike trails. Minutes away from the beach and Dunedin. Schedule your showing today!
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$949,000
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 | $759,200 | $759,200 | $759,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $595 | $595 | $595 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,924 | $4,861 | $6,666 |
Total Monthly Payment | $5,611 | $5,548 | $7,353 |
* 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.