What an amazing opportunity!! Charming single family home and separate cottage located in the downtown core, just off Main Street. Nightly rentals permitted and metered separately for electricity and water! Both cottages are recently renovated and have a successful rental income history. The possibilities are endless! Extra deep lot could accommodate several more units, offering incredible development/income potential! Both homes have been beautifully renovated and are completely move-in or vacation home ready! Live in one and rent out the other…. . rent both…. . or get creative and develop the land! Zoning allows up to 10 units. The pink cottage has a new roof and offers 4 bedrooms, 2 full baths and completely renovated interior. The quaint one bedroom cottage to the rear has polished concrete floors and sleek new kitchen and bath. Both homes offer inside laundry and the main house has a tankless water heater. Prime location within walking distance of eclectic restaurants, breweries, shopping, salons, festivals, the Pinellas Trail and show stopping sunsets! Furnishings are available for purchase and this compound can close quickly for anyone in need of
immediate housing after the storm.
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.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,495,000
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 | $1,196,000 | $1,196,000 | $1,196,000 |
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 | $808 | $808 | $808 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,757 | $7,658 | $10,501 |
Total Monthly Payment | $8,690 | $8,591 | $11,434 |
* 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.