* INCOME opportunity * NO FLOOD insurance required * TWO homes on ONE lot for either MULTI generation family living or INVESTOR who can rent each home separately or live in one and rent the other as each has its own entrance, parking and electric meter. Lots of colleges around with big opportunity to have interest for rent space and here are two with shared large newly FENCED private COURTYARD with enough space to gather around fire pit, entertain, barbecue or build a pool. Both homes have fresh coats of paint on the exterior and both ROOFS were replaced in 2016. Main home is charming 2 bedrooms, 1 bathroom with ORIGINAL HARDWOOD floors and BRICK wood burning FIREPLACE. New carpet in both bedrooms. Large PANTRY/STORAGE of the kitchen could be converted into OFFICE/DEN/LIBRARY/READING nook. LAUNDRY/utility room is accessible from the kitchen or back of the house. The second home 1 bedroom, 1 bathroom with storage room/potentially laundry room. The property is located steps to TOMLINSON PARK with BASEBALL field, PLAYGROUND, POND and half a mile to HYAT PARK and PICKLE/TENNIS courts and DOG PARK. Less than 1 mile to STETSON UNIVERSITY COLLEGE OF LAW; 2. 5 miles to PINELLAS TECHNICAL COLLEGE and 3 miles to ST. PETERSBURG/GIBBS CAMPUS. ECKERD COLLEGE about 10 minutes drive. Only 1. 5 miles from artsy DOWNTOWN of GULFPORT with a lots of events through out the year and its public BEACH with recreational area including PLAYGROUND, sand VOLLEYBALL courts, sidewalks, SHOPS, RESTAURANTS, LIBRARY and BUS STOPS. About 1 mile to PASADENA GOLF & YACHT CLUB and less than 2 miles to BOCA CIEGA YACHT CLUB and CLAM BAYOU NATURE PARK with access for KAYAKS and lots of TRAILS for daily jogging and BIKE rides. 6 miles to downtown of St. Petersburg and 3. 5 miles to St. Pete Beach and other popular and WORLD FAMOUS BEACHES * 1 YEAR HOME WARRANTY * With some TLC this could be great investment so come see this unique property today and start your FLORIDA lifestyle tomorrow.
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:
$420,000
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 | $336,000 | $336,000 | $336,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $225 | $225 | $225 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,264 | $2,233 | $2,834 |
Total Monthly Payment | $2,564 | $2,533 | $3,134 |
* 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.