An Immaculate Charming Income producing Duplex with a 2 car garage located in the most Sought After Snell Isle! Only minutes away from the Vibrant Downtown St. Pete -makes this a unique Potential for Investors, Developers or Residents looking to live on one side and rent the other. Currently functioning as a Duplex with separate water and electricity. Both Units are rented bringing in over 5, 600monthly. Developers/ Builders have the Option of Splitting the lot into two separate, High end Single Family Homes or Town-homes similar to the ones being developed in the same subdivision. Each projected to sell over 1. 5 million. The 2bed /2 bath is fully offers beautiful original wood flooring, charming living Room has Plantation Shutters and Soft Coastal Furniture and a two car 2 car garage currently on a year lease. The 2/1 is currently Rented on a month to month basis. Both units have separate water and electric meters. Brand new hot water heaters. Although it is in a Flood Zone this property did not flood. Exceptional Location steps away from the Vinoy Golf Course, a quick drive to 4th street action a short walk or bike to the Coffee Pot Bridge where you can enjoy amazing waterfront parks, the new pier which spreads out along 26 acres of Tampa Bay waterfront filled with all kinds of fun activities, the vibrant downtown lined with excellent Restaurants, Cafe's, museums and shops and the award winning Fort Desoto Beach Park!! Call today to schedule your tour.
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Our Executive Mortgage Banker:
Our Insurance Division:
$929,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $743,200 | $743,200 | $743,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.375% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.498% | 6.579% |
Monthly Tax Payment | $1,063 | $1,063 | $1,063 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,759 | $4,637 | $6,423 |
Total Monthly Payment | $5,914 | $5,792 | $7,578 |
* 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.