Unlock the potential of this 2-bedroom, 1-bath home, offering 1303 sqft of living space, sitting on a 8, 844 sqft lot (dimensions 67' x 132’) in a peaceful neighborhood of South Tampa. Ideal as a fixer-upper or a tear-down, this property provides an excellent foundation for creative upgrades with the possibility to add an additional bedroom and bathroom. With a newer roof (2020), newer shed (2016), and a brand-new washer (2024), this home has some essential updates already in place and has been thoughtfully maintained including key systems like plumbing (2011). Plus, with NO flooding or damage from Hurricanes Milton or Helene, this property is a rare find in the area. Being sold AS-IS, this is a great opportunity for investors or buyers looking to create something special.
This home provides easy access to top-rated schools, including the brand-new Kenneth E. Adum K-8 magnet school, as well as nearby parks and hospitals. Just minutes to Downtown Tampa, Tampa’s sports venues, and other popular shopping and entertainment spots like Hyde Park Village and Midtown. With nearby access to I-275, the Selmon Expressway, and both Tampa and St. Petersburg Airports, this property combines potential with unbeatable convenience in one of South Tampa's most desirable areas. *Interior photos available upon request *Seller will NOT CONSIDER any SIGHT UNSEEN OFFERS.
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William Raveis Real Estate
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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 | $280,000 | $280,000 | $280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.160% |
Monthly Tax Payment | $100 | $100 | $100 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,863 | $1,839 | $2,344 |
Total Monthly Payment | $2,038 | $2,014 | $2,519 |
* 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.