Opportunity awaits! Though just blocks from the water, this home DID NOT flood during any hurricanes. Whether you're seeking an investment property that's ready to generate income or planning to "house hack" by living on one side and renting out the other, this duplex is perfect for you! As you arrive, you'll be impressed by the well-maintained curb appeal, featuring fresh exterior paint and a charming front porch. Each unit has its own driveway for added convenience. Both sides offer 2 bedrooms and 1 bathroom, with a combined potential income of $4, 000 per month. One TURNKEY unit comes furnished and has been beautifully updated throughout. Boasting all-new vinyl plank flooring and brand-new kitchen cabinets, you could easily move right in while the other united is rented out. The second unit has been upgraded with new appliances and has been well maintained throughout. The fully fenced backyard can easily be divided for privacy between the units. This property is a great long-term investment, located just blocks from the serene waters of McKay Bay and the 38-acre waterfront McKay Bay Nature Park, part of the Great Florida Birding Trail. Enjoy a stroll along the boardwalk, take in panoramic views from the observation tower that doubles as an education pavilion, or explore the multi-use nature trails. Nearby, you'll find Tampa’s hidden gem, DeSoto Park Recreation Complex, offering a seasonal pool, fishing pier, skatepark, playground, trails, basketball courts, and an indoor recreation center. Situated in the Port of Tampa area, you're just minutes from Ybor City, Downtown Tampa, the Amalie Arena, and Harbor Island. Don't miss out on this perfect addition to your portfolio—schedule your showing today!
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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 | $359,200 | $359,200 | $359,200 |
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 | $361 | $361 | $361 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,390 | $2,387 | $3,029 |
Total Monthly Payment | $2,826 | $2,823 | $3,465 |
* 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.