Charming 3-Bedroom, 1-Bathroom Home with Incredible Potential in Desirable Oldsmar, FL
This spacious property offers a rare opportunity to create your dream home in one of Oldsmar’s most sought-after neighborhoods, just minutes from everything the Tampa Bay area has to offer. Whether you’re looking to renovate, restore, or personalize, this home is a blank canvas with lots of potential for the savvy buyer.
Situated in a golf cart-friendly community, this block home with a concrete slab foundation is the perfect starting point for your next project. Featuring 3 bedrooms and 1 bathroom, the home offers a classic terrazzo and ceramic tile floor throughout, combining both charm and durability. A standout feature in the living room is the stunning accent brick wall, adding character and warmth to the space.
The home also boasts a large bonus room at the back, ideal for use as a family room, office, or additional living space. Additionally, there’s a laundry room for your convenience, providing extra utility and space for storage.
The oversized cement driveway offers plenty of parking space for your boat or multiple vehicles, while the carport adds further convenience. The spacious backyard offers ample room for outdoor activities, and is equipped with plenty of storage and outdoor sinks, perfect for gardening or additional projects.
Important Updates: The drywall has already been removed, and the property has been treated for mold prevention, giving you peace of mind as you move forward with renovations.
Located in a prime Oldsmar location, this property is just a few minute walking distance to RE Olds Park, Dog Park, pickleball courts, tennis courts, and the Oldsmar Trail. This active, family-friendly neighborhood has everything you need, from outdoor recreation to community events, making it an ideal place to call home.
The home is fully functional with electricity and water on, and AC works well. The roof age is unknown, but no leaks have been detected, offering peace of mind for the time being.
While this home was impacted by Hurricane Helene, its solid construction and prime location give it exceptional potential. With a little vision and effort, this home could easily be transformed into a stunning residence in one of Oldsmar’s most desirable neighborhoods.
Don’t miss out on this opportunity to own a piece of Oldsmar real estate with incredible potential! Schedule a showing today and let your imagination run wild with the possibilities!
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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 | $196,000 | $196,000 | $196,000 |
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 | 7.404% | 7.133% | 6.236% |
Monthly Tax Payment | $58 | $58 | $58 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,304 | $1,303 | $1,653 |
Total Monthly Payment | $1,437 | $1,436 | $1,786 |
* 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.