INVESTMENT OPPORTUNITY being sold at LAND VALUE. This home was flooded during Hurricane Helene. Restore this cozy 3 bedroom, 2 bath bungalow and put your own personal touch on it. ROOF 2024, AC 2024 addition done in 2024. This is a great opportunity to restore and rent out or live here full time. Here you will enjoy a spacious backyard with plenty of room to make it your own and a brand-new shed that can be used for storage or converted to an office, man cave or she shed. This lot is zoned to legally have an ADU built up to 740 SQFT living space. The property is just steps from the Skyway trail with picturesque sunset views leading into the Clam Bayou trail and the Pinellas Trail. This home is also located minutes from charming downtown Gulfport and Downtown St Pete where you can fulfill all your artistic and foodie desires. 4 blocks to the new Sky Town development in the Skyway Marina district which will have shopping, restaurants and 2000+ apartments. You will be just minutes from the gorgeous beaches of the Gulf and a short drive to all the sports venues and airports in Tampa Bay, easy access to I275. Come check out this beautiful property at a great location that could soon be your home!
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$229,000
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 | $183,200 | $183,200 | $183,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.802% | 5.990% |
Monthly Tax Payment | $321 | $321 | $321 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,188 | $1,173 | $1,521 |
Total Monthly Payment | $1,584 | $1,569 | $1,917 |
* 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.