INVESTOR SPECIAL - HIGH & DRY - NO FLOODING - NO HOA - NO CDD! Finish to Your Taste, or Move-in Ready Options Available. Calling all investors & creative visionaries! This 3 bedroom, 2 bath, block home in the amazing town of Oldsmar, FL, presents an incredible opportunity to build equity & personalize your dream space, or complete & sell or rent this home for a profit. Nestled on a spacious . 17 acre (7, 492 sf) lot w/ a HUGE front and backyard, & located adjacent to a huge waterfront park, this property is brimming w/ potential. **HERE'S THE DEAL: *CURRENT PRICE: * Priced for a quick sale AS IS, perfect for an investor ready to take on the final stages of renovation. Includes all materials on-site, renovation plans, & transferable permit. The home was only a 2 bedroom, 2 bath, but is permitted for a 3/2 configuration (currently framed w/ the new spaces), new roof in place, new exterior paint, & the rough-in electrical & plumbing inspections are coming soon! Just bring your finish design ideas & your contractor! **PRE-FINISH STAGE OPTION: ** Prefer a head start? The owner can bring the project to the pre-finish stage, which includes: *Completed slab where the rough-in plumbing was completed *Completed framing *Drywall installation *This will get you ready for your finishing touches! *MOVE-IN READY OPTION: * Want to skip the hassle? The owner can complete the entire renovation, w/ your choices in finishes (paint, cabinets, countertops, light & plumbing fixtures, etc), delivering a turnkey home ready for you to move in & enjoy! **UNIQUE FEATURES: *PRIME LOCATION: * Situated directly next to R. E. Olds Park, a beautiful waterfront park w/ amenities like the Oldsmar Pier, picnic pavilions, a playground, & an amphitheater. Enjoy stunning views & easy access to recreation right outside your door! *HIGH AND DRY: * This home has a proven track record & stayed dry during both Hurricanes Helene and Milton. *SPACIOUS PRIMARY BATH: * Features a tub/shower combo & two separate vanities. This is a slight configuration change from the original renovation plans. *2 WALK-IN CLOSETS in the Primary Bath area. *INTERIOR LAUNDRY ROOM w/ Washer & Dryer hookups & lots of extra storage. *EXCELLENT SCHOOLS **COMMUNITY AMENITIES & LOCATION** Oldsmar, Florida has many community amenities, including parks, nature preserves, tennis, pickleball, disc golf, public boat ramp, & other recreational areas, & a variety of neighborhoods w/ different amenities: PARKS: Oldsmar has many parks, including R. E. Olds Park, Veterans Memorial Park, Harbor Palms Nature Park, & Sheffield Park. The Oldsmar Parks & Recreation Department manages these parks, athletic fields, & other public spaces. NATURE PRESERVES: Oldsmar has many nature preserves, including award-winning ones. WATERWAYS: Oldsmar has many waterways, including Old Tampa Bay & the canal that connects Lake Tarpon to Old Tampa Bay. NEIGHBORHOODS: Oldsmar has a variety of neighborhoods, including upscale communities, waterfront homes, townhomes, & well-established residences. ORGANIC COMMUNITY GARDEN: This community garden has a bio-digester, compost system, & greenhouse. FLEA MARKET: This local favorite has over 800 vendor booths across 20 acres. DOWNTOWN AREA: Oldsmar's downtown area has new developments & revitalization projects. Honeymoon Island Beach 11mi, Clearwater Beach 16mi, Tampa International Airport 10mi, Downtown Tampa 15mi
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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 | $289,600 | $289,600 | $289,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $52 | $52 | $52 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,902 | $1,925 | $2,442 |
Total Monthly Payment | $2,029 | $2,052 | $2,569 |
* 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.