3009 & 3011 W Binnicker AVENUE, Tampa, FL, 33611 | $1,195,000

Resting on Over a Quarter Acre, Double-Lot Parcel (114' x 100') in the Ballast Point Neighborhood, This Four (4) Unit Multi-Family Apartment Complex Offers Spacious Living, Dedicated Laundry Closets for Each Unit and a Great Investment. All Four (4) Units are 918 Living SF Each and Offer Two (2) Bedrooms, One (1) Bathroom and a Private Outdoor Space. Both Buildings are Single Level, Concrete Block Construction and Offer the Following: Brand New Impact Windows and Doors, New Air Conditioning Systems for All Four Units, Fresh Exterior Paint, New White Vinyl Perimeter Fencing, New Parking Area, Large Common Yard, Pavered Back Porches & New Walkway, Fresh Landscaping and So Much More. Three of the Four Units Have Been Completely Updated with Brand New Kitchens with Quartz Countertops & New Appliances, New Flooring, Updated Bathroom with New Vanity, Tub & Tile, New Hot Water Heaters, New Interior Doors, New Hardware & Lighting/Plumbing Fixtures, New Closet Systems, New Trim Work, New Window Blinds and the List Goes On. Available for Immediate Sale and Occupancy. Only One of the Four Units Has Not Been Renovated and is Currently being Rented Month to Month for $1, 500. Each Unit Has its Own Water/Sewer/Trash Account, Separate Electric and Dedicated Laundry Closet. Spacious Rooms and Generous Outdoor Living Spaces Make These Units Very Comfortable and Appealing for Future Tenants/Owners. Projected Rental Rate for Renovated Units is $2, 500 per Month and the Projected Rental Rate for the Unrenovated Unit is $1, 800 per Month.

Features

  • Bedrooms: 8
  • Units: 4
  • Lot Size: 114 x 100
  • Laundry: Laundry Room
  • Year Built: 1983
  • Garage: Oversized, Parking Pad
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 3,672
  • Acreage: 0.26
  • Lot Size: 114 x 100
  • Est. Taxes: $12,618
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: TB8318646
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8318646/3009and3011wbinnickeravenue_tampa_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/13/2024 10:06:13 PM)
Listing courtesy of KELLER WILLIAMS ST PETE REALTY   Phone: 727-894-1600

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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3009 & 3011 W Binnicker AVENUE, Tampa, FL, 33611

$1,195,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $956,000 $956,000 $956,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.250% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.321% 6.360% 6.956%
Monthly Tax Payment $1,052 $1,052 $1,052
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,201 $5,886 $8,460
Total Monthly Payment $7,378 $7,063 $9,637

* 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.