Under contract-accepting backup offers. Calling all investors and homebuyers with a keen eye for potential! Welcome to 733 Tarpon Ave, Sarasota, FL 34237 - a property brimming with charm and possibilities waiting to be unlocked.
Step into a world of spaciousness with 4 bedrooms and 2 baths, offering a main residence and an attached mother-in-law suite on a generous corner lot. The canvas is yours to paint with imagination and creativity.
While the exterior may require some polishing and the property currently houses weekly tenants, envision the blank slate that awaits your touch. Whether you choose to retain the rental income stream or embark on a renovation journey to elevate this diamond in the rough, the choice is yours.
Picture the myriad of opportunities that lie ahead - from transforming this space into a lucrative Airbnb venture to creating a harmonious living environment for your family with the added benefit of rental income. The flexibility of the layout provides endless possibilities for customization and utilization.
Seize this golden opportunity that beckons to the visionary investor within you. The seller is willing to explore creative financing options to facilitate your investment aspirations. Embrace the chance to make 733 Tarpon Ave your own, where dreams and potential converge to create a prosperous future.
Don't delay, take action today and turn this property into your ideal investment or dream home. The canvas is ready for your masterpiece - make it a reality at 733 Tarpon Ave.
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:
$380,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $304,000 | $304,000 | $304,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $278 | $278 | $278 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,023 | $2,020 | $2,607 |
Total Monthly Payment | $2,376 | $2,373 | $2,960 |
* 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.