Tampa Heights/Downtown Tampa home under $450K! Less than a 1/2 mile away from $600M mixed use development project with estimated completion in 2030. Hotspot ARMATURE WORKS also just a ¾ mile down the road (where Shaq is DJ’ing for NYE!). This is a move-in ready opportunity where you can (optionally) remodel at your pace & add TONS of value. Opportunity for a 2-car garage, 2-bed floor plan, back deck/patio, or even building an addition to add square footage on the north side. Truly an amazing housing option with upside potential. AirBnb & VRBO potential as well. No flood insurance required. Highlighted for the property today are high vaulted ceilings, up to 14-feet, with an open floor plan that envelopes dining, cooking, and living into one large wood floor living space. The one bedroom is roughly 20 feet in length which is roomier than most; enjoy the inherited comfort now - or - reconfigure in time to a two-bedroom floor plan. Other popular features for your benefit - stainless steel appliances + range hood, plantation shutters, island granite countertop, wired for home security. Fully fenced backyard with option to add private gate for private alleyway access. 2021 metal roof with 35+ years life remaining, 2021 HVAC. More affordable than buying a condo with monthly dues – this is a terrific choice for a one-bedroom home & even those seeking a two-bedroom. Within the next year or two, trolley service will be just a 10-minute walk away - seamlessly connecting you to Harbour Island, Channelside, and Ybor City. There are many reasons why developers love the area & you will reap the benefits. Check it out for yourself & schedule a showing today.
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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 | $356,000 | $356,000 | $356,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $365 | $365 | $365 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,309 | $2,280 | $2,956 |
Total Monthly Payment | $2,749 | $2,720 | $3,396 |
* 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.