CASH ONLY, SOLD AS-IS - Value is in the Land! 10, 000sqft+ (0. 25 Acre) Double lot with 104ft of frontage facing N HOWARD AVE in booming West Tampa! Tremendous development opportunity for investors/ residential and commercial builders. Property has future land use (FLU) of CMU-35 which allows for various commercial office, retail, and multiple family use with an approved rezoning. (2. 0 FAR). Alternatively, the property Is already zoned RS-50 for residential use and can be split into two legally conforming RS-50 lots. Future builder can split lots facing W Saint Louis St. and replat physical addresses. New construction sales in 33607 surrounding area range $700K+ depending on size, finishes, and home features. Furthermore, the original retro 1950 solid block home can be renovated and improved to keep the existing home for use as a rental. This Solid block home offers 2 bedrooms, 1 bath alongside a single car attached garage. There is ample room for parking to accommodate several private, commercial vehicles, RV, boat, with two corners and side entrance to the property which maximizes use. The home is not in an HOA community, has no deed restrictions, and sits High and Dry in a non- flood zone. There was no flooding with recent hurricane Helene/Milton. CASH ONLY, SOLD AS-IS with right to inspection. However, seller prefers buyers/buyer’s agent perform all due diligence prior to making any offers. Shown by appointment only. Do not walk the property without appointment or approval ( active surveillance/ monitoring) Time is limited for this unique commercial/ residential investment opportunity. Act now to secure it.
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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 | $359,920 | $359,920 | $359,920 |
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 | $507 | $507 | $507 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,395 | $2,392 | $3,086 |
Total Monthly Payment | $2,977 | $2,974 | $3,668 |
* 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.