One or more photo(s) has been virtually staged. Welcome to 8719 Hickorywood Ln, a rare WATERFONT opportunity in the desirable Baycrest neighborhood of Tampa! This charming 1965 ranch home, while needing renovation or potential tear-down, offers endless possibilities for your dream CANAL FRONT lifestyle.
The property experienced flooding during Hurricane Helene, and the Seller is offering it as-is, making it a perfect blank canvas for savvy buyers or investors looking to create something extraordinary. This home has been professionally remediated for mold. The HVAC system installed 2020 was not affected and works. Roof was replaced in 2013. Imagine designing a custom masterpiece right on the water, taking full advantage of the stunning views and serene surroundings.
The property boasts a new custom dock from 2023 - larger dock 12'x24' and smaller dock that measures 3'x24'. The lift is rated to 7, 000lbs. featuring durable composite decking and electrical capabilities, providing an ideal spot for your boat and water activities. Fortunately, the dock remained unharmed during the storm, ensuring you can start enjoying waterfront living right away!
This incredible location not only offers a picturesque setting but also presents a unique chance to capitalize on a property with untapped potential. Don’t miss out on this opportunity to transform 8719 Hickorywood Ln into your dream home or investment property in Tampa! Contact us today for more details and to schedule a viewing.
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Our Executive Mortgage Banker:
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$599,000
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 | $479,200 | $479,200 | $479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $633 | $633 | $633 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,228 | $3,185 | $4,041 |
Total Monthly Payment | $3,953 | $3,910 | $4,766 |
* 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.