Welcome to 216 Hillsborough—an INCOME-GENERATING oasis in the heart of Safety Harbor! Located on one of the town's most sought-after streets, this stunning property is just a short stroll from vibrant Main Street and the breathtaking waterfront. The captivating curb appeal will draw you in, with a picturesque circular driveway that sets the stage for this coastal retreat. Inside, the main house showcases gorgeous vaulted wood ceilings, two beautifully appointed bedrooms, two full baths, a versatile office or bonus room, and a majestic wood-burning fireplace that creates a cozy focal point. The primary bedroom boasts two walk-in closets, providing generous storage and a cozy sitting area with French doors leading to the back deck. Skylights throughout the home bring in natural light, enhancing the inviting atmosphere. Enjoy peace of mind with a brand NEW ROOF (11/24) and a fresh exterior paint job (2021) giving the home a modern, welcoming look. But that’s not all! A charming separate cottage awaits, complete with two additional bedrooms, a full bath, a cozy kitchen/living room combo, and a new water heater—perfect for guests, extended family, or rental income potential. Step outside to your private paradise: an expansive back deck ideal for entertaining, overlooking a serene, fenced yard that promises tranquility and privacy. With ample storage options, including an attached storage room and a detached shed, you’ll have plenty of space for your golf cart and all your outdoor gear. This home exudes warmth, character, and income potential in one of Safety Harbor’s most desirable neighborhoods. Don’t miss your chance to make it yours!
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Our Executive Mortgage Banker:
Our Insurance Division:
$875,000
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 | $700,000 | $700,000 | $700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $320 | $320 | $320 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,482 | $4,482 | $6,146 |
Total Monthly Payment | $4,894 | $4,894 | $6,558 |
* 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.