Under contract-accepting backup offers. Fixer Upper Condo being sold AS-IS to a Cash Buyer. Bring Highest & Best on price and terms with no counteroffers. List price is the starting offer price, anything below will be declined. No replacements or repairs will be done by the seller. Terms - 10% Escrow Deposit due 1 day after Acceptance Date, Seller will select title company, Cash Only, No Financing Options. New Roof 2024, AC 2021, Water Heater 2020. During the October storms the roof in the community was damaged and the HOA is currently repairing the unit and community. Association Responsibilities include Hot/Cold Water pipes including Fire System/Sprinklers, Perimeter/Load Bearing Walls including Common/Party Walls, Electrical Wiring, Balcony/Porches/Stairs, Unfinished Drywall/Wallboard, Roof to include covering, insulation and trusses, Unfinished floors, Exterior Doors, Windows/Sliding Doors. AC and Heating unit including Compressor. INCLUDED in your monthly HOA payment: Cable, Internet, Flood Insurance, sewer, water, trash. This property offers a fantastic opportunity to create your dream home or investment, with convenient access to key locations in the DESIRABLE WESTSHORE AREA! Walk to Westshore Mall, just 1 block away! Enjoy the maintenance free living in this fantastic and private 2 bedroom, 2 bath condo located inside the fabulous Shore Colony community. Located on the 3rd floor this home offers an open and split floor plan, living/dining room combination, generous size bedrooms with plenty of closet space. Buildings and courtyards all have secured entries. On site laundry facility and elevators. Well maintained and manicured grounds with community pool, patio tables and barbecue grills to be enjoyed by all residents. Excellent South Tampa location and school district. Grady/Coleman/Plant school district. Conveniently located with easy access to Downtown Tampa, Tampa International Airport, Howard Franklin Bridge along with many dining and shopping opportunities. ** There is a special assessment in the amount of $154. 68/mo for community improvement that started on July 30, 2021. Community Improvements Include: New Roof, Painting Exterior & Common Area Interiors, New Exterior Gates, New Lobby & Common Area Flooring, New Balcony Railings, Community Surveillance Cameras, Upgrading Secure Door Access System, Laying Pavers in Parking Lot. **Please review all attachments for additional information. **
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William Raveis Mortgage, LLC
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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 | $96,000 | $96,000 | $96,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $224 | $224 | $224 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $639 | $638 | $810 |
Total Monthly Payment | $938 | $937 | $1,109 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.