Are you seeking a lucrative investment that promises both immediate returns and future growth? Look no further! This stunning cash-flowing condo offers the perfect blend of modern living, prime location, and financial stability.
Nestled in the heart of a vibrant and sought-after neighborhood, this condo enjoys close proximity to top-rated schools, bustling shopping districts, gourmet restaurants, beaches, and Tampa and St. Petersburg/Clearwater airports. Its desirable location ensures high demand and consistent rental income, making it a smart investment choice. A private balcony perfect for relaxing and entertaining with a lake view. In-unit laundry connection with convenient and time-saving amenities for modern living.
This condo has a proven track record of steady rental income, providing immediate returns on your investment. Professionally managed with low HOA fees, ensuring minimal upkeep and hassle-free ownership. Located in an area with strong real estate market growth, this property promises significant long-term appreciation. Currently leased to reliable tenants, ensuring no downtime and instant income generation. Perfect for both seasoned investors and first-time buyers looking to enter the lucrative rental market.
As the condo is tenant-occupied, viewings will be scheduled after a contract is in place. This ensures minimal disruption for the tenants and a seamless transition for you.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$219,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $175,920 | $175,920 | $175,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 5.990% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.470% | 6.161% | 5.248% |
Monthly Tax Payment | $219 | $219 | $219 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,069 | $1,054 | $1,390 |
Total Monthly Payment | $1,363 | $1,348 | $1,684 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.