Popular Location! Desirable, Convenient, established neighborhood of Belmar Shores, South Tampa. Just South of the high demand area near Westshore Boulevard, with world class shopping, dining, parks, and beaches. Near all the action of Tampa, or a quick drive over the bridge to St. Pete. This home location has a peaceful, private, fenced retreat, or a place to entertain. The esteemed Mabry/Coleman/Plant school district presents a rare opportunity for buyers. 3-bedroom, 2 bathroom, 1976 SF Pool home with office, living, family and Florida room. The property is being sold as-is for vacant land or for renovation. This concrete block, pool home with updated roof is available as a blank slate for new owners to refinish to their own taste, or investors as a fixer with great upside potential and ARV for a flip or hold for income. Builders welcome. Opportunity for this as a tear down for someone's new dream home or mc-mansion, like the other numerous multimillion dollar homes going up in the area. The interior has been flooded in recent hurricane, and seller has partially remediated for water. Sold As-Is with drywall or plaster removed halfway up the walls.
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,000
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 | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $254 | $254 | $254 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,720 | $3,717 | $4,795 |
Total Monthly Payment | $4,066 | $4,063 | $5,141 |
* 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.