Welcome to Ybor Heights, where this charming 2-bedroom, 1-bath Craftsman Bungalow awaits! This versatile property invites you to explore two exciting ownership options: as a savvy investor who can enjoy steady cash flow from a reliable tenant, or as a visionary homeowner ready to move into this cozy gem in May 2025.
Nestled in a peaceful corner of Ybor Heights, this home is just steps from Ragan Park—a beloved community space and social hub for residents. Ybor Heights is one of the five up-and-coming neighborhoods of historic Ybor City, and as Tampa’s infrastructure and amenities continue to flourish through public and private investment, this property stands to benefit from that growth.
In addition to being close to Ybor City, this home is also adjacent to Seminole Heights, a vibrant, established neighborhood renowned for its beautiful architecture, local restaurants, craft breweries, and artisan shops. This area combines historic charm with a hip, creative atmosphere, offering the best of both worlds.
The home has been thoughtfully maintained, featuring updated flooring and a fully renovated kitchen that brings a touch of fresh style to the classic architecture of this Craftsman Bungalow. The blend of contemporary updates with timeless design embodies the essence of the American Dream.
Just a few blocks away, 14th St (Avenida Republica de Cuba) has received a beautification grant, adding protected bike lanes and buffers to ensure safe, convenient travel. This project will ultimately connect to the Green Spine along 15th St, creating protected bike lanes that lead all the way to Hyde Park. Imagine enjoying a leisurely, eco-friendly bike ride on weekends, taking you straight into the heart of the city.
The spacious 52x100 lot offers plenty of room in the backyard, ideal for pets, gardening, or entertaining guests. While the current lease runs through April 2025, it can be extended for those interested in maintaining a hassle-free, responsible tenant.
To get an initial look, we invite all interested buyers to experience a virtual tour using our Matterport software, providing a 360-degree view of the property. This allows for a comprehensive preview before scheduling an in-person showing. We appreciate your cooperation and consideration in coordinating live showings with the tenant.
This home is a rare opportunity to own a piece of Ybor Heights, where charm, convenience, and future potential all come together. Don’t miss out—reach out today to make it yours!
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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 | $224,000 | $224,000 | $224,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $118 | $118 | $118 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,528 | $1,489 | $1,921 |
Total Monthly Payment | $1,721 | $1,682 | $2,114 |
* 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.