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551 Bay STREET, Dunedin, FL, 34698 | $850,000
Buy land; they're not making it anymore! With approximately . 3471 acres this is a Downtown Dunedin Developers Dream! This double parcel is zoned for (DR) Downtown Residential with a land use designation of (CRD) and would allow up to 30 units per acre. Imagine a quaint downtown Bed and Breakfast, multi-family, condos or townhouses, or build your dream home with an attached office. Or keep as is and have your turn key income property. Currently, the 2 lots consist of a single family home, & vacant lot overlooking the pond. This 1960 bungalow is situated on a corner lot in a non flood zone & has 2 bedrooms and 1 updated bath with numerous updates, yet maintains its vintage charm. Updates include new air conditioner (2023) & updated electric, newer roof (2016), and newer stainless steel appliances. You will appreciate the oversized 1 car garage & updated bathroom with new vanity and soaking tub. The open kitchen is equipped with real wood cabinets and granite tile countertops. No rear neighbors, water views, and plenty of parking are all sought after features in this historic downtown community. Guests will not only love being able to walk downtown, golf cart around, bike the Pinellas trail or cruise over to the soon to be built Dunedin Gateway, they will find comfort in their fresh living space. This land won’t last long. Don’t miss your opportunity to own the Dunedin dream! This rare Dunedin investment opportunity is yours for the taking! *List price includes 549 & 551 Bay Street.
Features
- Rooms: 4
- Bedrooms: 2
- Baths: 1 full
- Lot Size: 105 x 144
- Laundry: In Garage
- Year Built: 1960
- Garage: 1-car Driveway, Ground Level
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 780
- Acreage: 0.34
- Lot Size: 105 x 144
- Est. Taxes: $3,233
- Lot Desc: Corner Lot, City Lot, Level, Near Golf Course, Near Marina, Oversized Lot
- View: Trees/Woods, Water
- Pet Policy: Yes
- Appliances: Dishwasher, Range, Range Hood, Refrigerator, Water Softener
- MLS#: TB8333526
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/TB8333526/551baystreet_dunedin_fl?source=qrflyer
Listing courtesy of TOM TUCKER REALTY Phone: 727-692-3997
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
551 Bay STREET, Dunedin, FL, 34698
$850,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $680,000 | $680,000 | $680,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.532% | 6.723% | 6.806% |
| Monthly Tax Payment | $269 | $269 | $269 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,410 | $4,354 | $5,970 |
| Total Monthly Payment | $4,771 | $4,715 | $6,331 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388